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Business On My Own


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#1 pogingpogi

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Posted 22 June 2015 - 02:52 PM

Hi sirs

 

Would like to seek your advice, Just resigned from my employer for 16 years. Now will start my own business recently got my COR form the SEC. Small trading company lang tinayo ko. Tanong ko ano ba sa palagay niyo mas ok, yung kumuha ng Tax practitioner na lang na accredited ng BIR for monthly retainer fee? or hire my own accountant pa? 



#2 Mango Man

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Posted 22 June 2015 - 02:55 PM

at this point, it is cheaper if you just hire an accountant for a monthly retainer. Just make sure reliable sya (i.e. does the paper work properly), and make sure you keep copies of the documents (BIR forms, etc.)



#3 pogingpogi

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Posted 22 June 2015 - 03:03 PM

at this point, it is cheaper if you just hire an accountant for a monthly retainer. Just make sure reliable sya (i.e. does the paper work properly), and make sure you keep copies of the documents (BIR forms, etc.)

thanks for the advice sir Mango Man. 



#4 n70

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Posted 23 June 2015 - 10:52 AM

hire or not depends on the volume of transactions that you will have and the amounts involved.  but in most cases yes, i agree with Mango Man, just hire an accountant on retainer if you can afford it.  check also if your income would warrant an auditor at year end. if you're gross income is above 600k per year, then i suggest to find an external auditor as well to sign off on your ITR. make sure you hire a good auditor, BIR nowadays are very fast to check on your ITR.

 

Hi sirs

 

Would like to seek your advice, Just resigned from my employer for 16 years. Now will start my own business recently got my COR form the SEC. Small trading company lang tinayo ko. Tanong ko ano ba sa palagay niyo mas ok, yung kumuha ng Tax practitioner na lang na accredited ng BIR for monthly retainer fee? or hire my own accountant pa? 



#5 pogingpogi

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Posted 24 June 2015 - 01:21 PM

hire or not depends on the volume of transactions that you will have and the amounts involved.  but in most cases yes, i agree with Mango Man, just hire an accountant on retainer if you can afford it.  check also if your income would warrant an auditor at year end. if you're gross income is above 600k per year, then i suggest to find an external auditor as well to sign off on your ITR. make sure you hire a good auditor, BIR nowadays are very fast to check on your ITR.

Noted on this sir n70,waht company can you suggest for external auditor for sme like me

Edited by pogingpogi, 24 June 2015 - 01:23 PM.


#6 pogingpogi

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Posted 24 June 2015 - 01:26 PM

Paano nga pala magpadagdag ng item sa purpose sa AOI ng company padagdagan ko sana ng gen construction yung sa primary purpose ng company..tia

#7 bentot69

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Posted 09 July 2015 - 10:20 PM

U can set up a home-based prepaid loading franchise business at your own pace and earn as much as 5k-12k a week part time dahil isa na sa mga necessity ng tao ang cp..pede kong ituro kung paano.just PM me and leave a cp nr so we can communicate better..thnx

#8 Caeleb

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Posted 05 May 2017 - 04:26 PM

Guys I need your suggestions for the Top Online Sellers that can ship Items from US to Philippines :)



#9 Vegetae999

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Posted 24 July 2017 - 02:35 PM

Hi guys i need ur opinion, Im planning to rent a place to build my own business but the owner of the place said that i should do a feasibilty study first to know that if there is really a market on what im going to do with his place.

 

Is it like the owner is denying me or what?



#10 mr_prince

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Posted 24 July 2017 - 07:51 PM

Hi guys i need ur opinion, Im planning to rent a place to build my own business but the owner of the place said that i should do a feasibilty study first to know that if there is really a market on what im going to do with his place.

 

Is it like the owner is denying me or what?

 

 

I've seen many businesses close within a year or two because they had no idea if their business is right for the location.  I think the owner is just concerned that your business might not be good for the location, because if you close soon, he will have to find another tenant, and that's bad for him.  So if he doesn't think it's good for him, then the same for your business.






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