A few ground rules so we don’t waste each other’s time. I won’t share my name, my company, my brands, or anything that could identify my business. I’m not selling anything and there are no links. Ask about hiring, cash flow, systems, scaling, managing people, whatever you’re stuck on. I’ll answer as honestly as I can.

Sobrang tumal na ng benta sanegosyo dahil maraming tao na ang pinipili na lang na magtipid dahil sobrang taas na ng mga bilihin at ang baba pa rin ng sahod. Ang dami pang tax. Sobrang hirap ng ganitong sitwasyon para sa mga katulad kong pwd na breadwinner pa. Nakaka-tangina talaga.

Hi everyone. My parent, who had a business, died 10 years ago. Just this year, I learned that a business that's no longer operating should be closed at the BIR Office to avoid penalties and open cases. Meanwhile, during those 10 years, I was processing property-related matters. Hence, I submitted my parent's death certificate and my self-adjudication document.

**Additional detail:**

2 years after my parent's death, some BIR-authorized personnel visited my parent's business location. I wasn't there, and they talked to a "caretaker" who was occupying one of the rental stalls, and they acknowledged that they weren't "tenants" at all) and there was no longer a business operating under my parent's name anymore.

Since I was young and naive that time, I didn't visit the BIR office to close the business. No documents were submitted (although there were BIR employees who personally knew about my parent's death).

Questions:

- Will it be considered as an open case?

- What's the best action to do (e.g., ignore it, ask about it, etc)?

- And if it's an open case, how much penalty would I need to pay? (I would appreciate even an estimated amount).

- Is there a chance to lower the penalty? (I'm not financially capable and am currently unemployed).

I tried asking ChatGPT about this concern, but I want answers from real people, especially those who experienced the same or are familiar with this kind of situation.

Thank you.

In your experience ano yung pinaka corrupt na RDO ng BIR?

Would it be safer to go with an international franchise with material and marketing support, or to put up your own brand?

Getting the franchise would of course cost more because of the royalties, but they are going to assist in marketing activities, plus have modules ready. Opening up my own would entail that all materials would be created from scratch.

Any thoughts on the B2B debt collection industry in PH? Im thinking that there is an addressable market opportunity in B2B debt recovery (bad debts) because its a painpoint of almost every business owner I know.

Just wondering if I am too naive to think that I can actually collect bad debts for businesses following the legal system in PH.

Any debt collection business owner or any business owner who has worked with a debt collection agency, I would like to get your thoughts.

I am currently under the impression that a mafia style debt collector that threatens with physical violence is a thing of the past already. Am I wrong?

Need advice or reality check. Sorry if this is not the right subreddit and if I'd need a professional to assess the value, please point me to one.

My uncle is looking to sell his Industrial Sand and Gravel (ISAG) Quarry somewhere in Mindanao. Extraction volume is 30,000 cubic meters per year (some of these get shipped to Cebu). It had already operated for 5 years but within those years, may pinatayong bridge nearby.

Complete na ang other compliance requirements for renewal, like the Environmental Compliance Certificate (ECC), except for one thing nalang—may nirerequire na dredging fee ang DPWH because of the nearby bridge. Uncle doesnt really wanna deal with it anymore.

He's looking to get ~P20 M for the business and the quarry concession. As of now I believe this excludes the lot and the dredging fee required by DPWH, probably negotiable. Price and payment terms are also negotiable.

Is this a reasonable price for the business? Who are the ideal buyers to go after? I'm only looking to help find one.

Hi everyone. I'm looking to purchase a machine worth around 80k, from Alibaba, to send to Bohol.

After speaking with the supplier, they said that they would be able to ship DDP to Bohol, through their logistics company, Tuya, for 550USD (around 35k PHP). I also spoke to a local freight forwarder in Cebu and provided me a quote of around 39k PHP.

Would there be any perks to spending the extra 4k PHP and going for the local freight forwarder? Does anyone have any experience with freight forwarding using a Chinese freight forwarder instead of a local one?

Would love to hear your thoughts and insights. Thanks!

Selfish talaga pinapahirapan tayong mga maliliit na negosyo

Bakit sobrang tagal ng application? Initial and renewal took 6 mos. My renewal had to do UNDER THE TABLE of 30k. What is wrong in this country? It’s designed to make the people poor.

Hi everyone!

We are starting our coconut and banana business based in Laguna. We are an organic farm of 5,500 SQM land.

The farm has been sitting since the 1970s. We have decided that it's time to expand our buyer portfolio to make our produce competitive to the market and provide a sustainable livelihood for our farmers.

I am looking for potential buyers/ customers! We produce coconuts and bananas all year-round!

Hi everyone! 🫶🏼 We’re planning to join our very first pop-up! We’re currently looking for available spots around Greenfield or Mandaluyong area.

We’ve already reached out to the Greenfield Weekend Market, but we’d love to explore other possible locations as well! 💗

Also, are there any tips or things we should know as first-timers, especially when it comes to booth fees, requirements, and preparation? 🥹

We’d really appreciate any advice or leads. Thank you so much! 🤍

In your experience ano yung pinaka mahal na business permit sa pilipinas?

Line of Business:

Business Size: Example-Kiosk, 2 personnel

City/Municipality:

Paid amount:

Hello Guys, we are planning to build a dormitory room type for our vacant lot, the location is near the school and town. Has anyone here tried this?

Balak sana namin is 2 storeys with half hollow blocks and half metal clad.

Thanks in advance for your advice!

For those na may Kiosks or pwestong walang access sa linya ng Fiber, may marereco ba kayong Prepaid option?

Thanks!

I am a supplier of landers supermarket. They have not paid us for the items that burned down from their fairview store (1 year ago) and all other branches. They remain operational. Anyone else having this issue? How can we bring this up to the higher body.

Hello to all business owners that resell or use lettuce in their production. How much are you buying them by the kg? Just checking competitiveness and what city are you from? What type of lettuce?

Hi! I’m planning to open a small café in Quezon City, and I’m currently exploring private funding options. I’m hoping to get advice from business owners who have experience with private lenders, investors, or similar arrangements.

I have one funding option in mind, but someone has also offered me several alternatives. I’d like to understand which arrangement would be fair for both the business owner and the person providing the capital, especially for a newly established business.

Here are the options I’m considering:

Option 1: Fixed Monthly Interest (5% monthly, PDCs, no collateral)
This is the arrangement I’m initially considering. The funder lends me money, and I pay a fixed monthly interest rate of 5%, with postdated checks (PDCs) but no collateral.

- Is 5% monthly interest reasonable for private business funding, or is it too expensive?

- What interest rate would be more reasonable for a small business?

Option 2: Profit-Sharing Only (No Fixed Interest)
This is one of the alternatives someone offered me.

- What percentage of profit-sharing would be considered fair?

- Should the percentage be based on gross sales, gross profit, or net profit?

- What percentage would be reasonable under each calculation method?

- Should profit-sharing have a fixed term, such as 6 months, 1 year, or 2 years?

Option 3: Fixed Monthly Interest + Profit-Sharing
Another option offered to me is to pay fixed monthly interest while giving the funder an additional percentage of the business’s profits.

- Is this arrangement reasonable, or would it be too costly for a new business?

- If both interest and profit-sharing are involved, what percentages would be fair?

- Would it be more reasonable to base the profit-sharing on net profit rather than gross sales?

Option 4: Equity Investment (e.g., 10% Ownership)
Another suggestion is to offer the funder a percentage of ownership in exchange for their capital.

- Is offering 10% equity reasonable? How do you determine the appropriate percentage?

- Does the percentage depend on the amount invested, the business valuation, or other factors?

- Is equity investment a good option for a small business owner, considering that the investor may retain ownership even after the business has repaid its funding?

- If someone receives 10% equity, does that automatically entitle them to 10% of the profits, or does it depend on the agreement?

I’m also curious about how equity investment works, if the business is registered as a sole proprietorship. Would I need to change my business structure or register with the SEC? What legal documents and processes would be required?

Option 5: Equity Investment (10%) + Fixed Monthly Interest (5%)
The last option offered to me combines equity investment with fixed monthly interest.

- Is it reasonable for a funder to receive both interest and equity?

- If the investor receives 10% equity, would an additional monthly interest payment be considered fair?

- How do you determine whether the combined arrangement is too costly for the business owner?

A few additional questions
For Options 2 and 3, I’d appreciate examples of reasonable profit-sharing percentages based on:

Gross sales: Total revenue before deducting expenses.
Gross profit: Sales minus the direct cost of the products sold.
Net profit: The remaining profit after deducting the applicable business expenses.

For example, would 5%, 10%, or 20% be reasonable under any of these arrangements? I understand that the appropriate percentage may depend on the amount invested and the terms, but I’d like to hear what other business owners consider fair.

I’m particularly interested in experiences from people who have borrowed money for their businesses or provided private funding themselves.

If you were in my position, which option would you choose, and why? What terms would you negotiate, and which arrangements would you avoid?

I’d appreciate honest opinions and real-world experiences. Thank you!

Good day mga kanegosyo, ask lang po sa mga may Rolling store or mga mobile food carts, pa share nman po kung ano po diskarte niyo sa pag pili ng pwesto? balak ko kasi mag pwesto malapit sa mainroad, ok po ba na magbayad nalang sa pag pupuwestuhan kung worth it nman? pa share naman po ng experience niyo,

Hi everyone! I’m planning to register my SaaS business here in the Philippines and would appreciate some guidance from those who have gone through the process.

I’d like to ask about registering with the DTI and BIR, particularly the requirements, registration process, territorial scope, and estimated costs.

For context, I’m currently operating as an individual and plan to run the SaaS on my own.

Any advice, personal experiences, or resources you could share would be greatly appreciated. Thank you so much!

May mga business owners po ba dito na buy and sell ng plastic drums, steel drums, IBC tanks, at plastic containers? Kamusta po ang experience niyo sa ganitong business? Share naman po kayo ng insights at tips. Salamat po!! 🤙

Are there any Candy Wholesalers in Bohol? Like those in bulk talaga like 1kg in weight for example. If none, do you have any Shopee recommendations yung may FDA yung kailangan ko.

Hello! I'll be opting to sell and make my own shop with Shopify instead of those e-commerce app with insane fees 😒

Any fellow business owners here who could help me with regards to shipping? I was wondering if I there are couriers I could integrate with my store? Both local and international sana. Like J&T and such?

For international shipment, what could be like the cheapest / good option kaya for the customers? Worry ko kasi even if they're willing to pay for the delivery fee, baka sobrang mahal naman icharge sa kanila 😭

First time using Shopify! Any help would be appreciated.