Earning in the New Normal

The lockdown due to the Covid-19 pandemic has affected the source of income of the majority of Filipinos. People lost their jobs and businesses are either closing or slowing down. That is why a lot of people are setting up their own business being their only viable option.  You can see it in the number of new FB pages for online businesses, personally I receive around 5 FB page invites per day. But operating a business is not just creating your product and and an FB page, some business owners does not even realize that they have to sell their product. As a sole proprietor, you have to do as a function the divisions you see in Large Corporations (Finance, Marketing, Sales, HR, Operations, Administration, etc.). You also have to consider the requirements of government, Intellectual Property, Data Privacy, etc..

Do you know that based on statistics, less than 0.7% of businesses survive beyond 5 years. I think this is much less than 0.7% in 2020 due the Covid-19 Pandemic. Furthermore, do you also know that It is harder to close than to register a new business. So, before you register your business, focus on developing and improving your product or brand.  

To support the National Employment Recovery Strategy (NERS 2021-2022) of the Government as an employment recovery plan anchored in the Philippine Development Plan of 2017-2000, SMEpinoy will achieve this by Talent Upskilling, Job Creation and creating a Business Friendly Environment through the ICT Council of each city.

Business Insights

Business Sanctuary

The lockdown due to theCovid-19 pandemic has affected the source of income of the majority of Filipinos. Businesses are either closing or slowing down. If a lot of businesses are retrenching, it will be hard to find a job. That is why a lot of people are setting up their own business being their only viable option.

Online Selling

Due to the pandemic, people are exploring online businesses, by now they are experiencing the struggles. Selling online is more than just creating an account at Lazada or creating a Facebook page.

SMEpinoy will train and tool you on how to sell online.

Digital Divide Phils.

Unemployment rises! Student population drops! Businesses close!  These are today’s headlines… and there isn’t any quick fix to solve this but we need to start somewhere and act fast.