[BW LAUNCHPAD] Overcoming challenges in initial stages of business - Part 1

Managing issues that arise during the early stages of a small business is critical, according to franchising expert Armando "Butz" O. Bartolome. In this BW Launchpad video, he offers suggestions for tackling these challenges. Nearly all of the businesses in the Philippines are categorized as micro, small, and medium enterprises (MSMEs), comprising 99.58% of the total, as reported by the Philippine Statistics Authority. These MSMEs created 5,461,731 jobs and generated P2.09 billion in sales in 2021 alone.

Launchpad is a new section of BusinessWorld dedicated to micro, small, and medium enterprises (MSMEs). It covers business advice, market trends, funding opportunities, and relevant government regulations, among others. The section aims to be a valuable resource for entrepreneurs seeking to stay up-to-date on the MSME industry in the Philippines.

Thank you BW Launchpad