SME BizLink

168th Issue Vol. 39 No. 2Wednesday 09 January 2008

Today's Issue


SME Special Report

    SME.Com.Ph fever sweeps RP

The country’s SME Community is abuzz about dotcoms and web marketing as a result of the campaign spearheaded by Plantersbank affiliate SME.com.ph.

The SME Community Philippines roadshow dubbed “Bringing Global eBusiness Solutions to the Filipino Entrepreneur”aims to promote I.T. use and build confidence in web-based marketing practices among Small and Medium Entrepreneurs (SMEs).

To read more, click here!


   SME NEWS

$100/barrel oil puts rates at risk

 
THE Bangko Sentral ng Pilipinas (BSP) remains hopeful the benign outlook on inflation over the policy horizon will allow it to keep its policy-rate settings at current levels.

But senior government officials fear that with oil at $100 a barrel, the stability of interest rates is at risk, requiring immediate review of the year’s macroeconomic assumptions.

To read more, click here!


Tax Calendar

January 09 - Last day of e-Filing/Filing & e-Payment/Remittance for 1600 together with the Monthly Alphalist of Payees (MAP); Filing & Remmitance for 1603 NL Taxpayer

January 11 - Last day of e-Filing for 1601C & 1602 L & SNL Taxpayers (Group E); 1601E & 1601F together with the Monthly Alphalist of Payees (MAP) L & SNL Taxpayers for the December 2007 (Group E)

January 14 - Last day of e-Filing for 1601C & 1602 L & SNL Taxpayers; 1601 E & 1601F together with the Monthly Alphalist of Payees (MAP) L & SNL Taxpayers for December 2007(Groups B,C & D)

January 15 - Last day of 

Filing & Payment for 1702 & 1702 AIF together with the Summary Alphalist of Withholding Agents of Income Payments Subjected to withholding Tax (SAWT) FY ending September 30, 2007

e-Filing & e-Payment for 1702 & 1702 AIF together with the Summary Alphalist of Wthholding Agents of Income Payments Subjected to withholding tax - FY ending September 30, 2007

e-Filing/Filing & e-Payment/Payment for 1704 together with the applicable attachments 2200M - Excise Tax Return for Mineral Products CQ ending December 31, 2007

e-Filing/e-Payment/Remmitance for 1603 L & SNL Taxpayers CQ ending December 31, 2007

e-Filing for 1601C & 1602 L & SNL Taxpayers for the month of December 2007 (Group A)

Filing for 1601 C & 1602 NL Taxpayers for the month of December 2007

   Source: Punongbayan & Araullo

Editor's Take


Pre-determined Success

Successful EntrepreneurWhether leading an army in the field or maneuvering your SME in a new market, how well your organization understands the mission objectives and knows its targets pre-determines the chances of your success. 

In the fog of marketing battle, communications is the key to keeping your organization aligned, alive and active and keeping happy and hopeful customers. 

The creative use of the following communication channels will ensure the sustainability of your operations, especially on a wide front. 

First, there is Speech. In our media-cluttered market, the power of the spoken word is underestimated. The faculty of speech allows us to exchange ideas, learn and come to agreement. Before there were mass produced books and newspapers, bards and town criers carried the news or kept the oral history and traditions of a community. Nowadays, companies are hiring people to create marketing buzz about their events and products. And corridor gossip is often one step ahead of official company channels. To succeed in business, SME owners must also hone their ability to persuade, motivate and marvel individuals and groups. 

Second is Writing, which allows us to record ideas in a reliable way. Written material is a good tool for shaping ‘minds’ and swaying the ‘hearts’. In an age when “texting shorthand” is doing its share in mangling written language, people will always appreciate a clear, concise, accurate and informative sales letter, invitation, headline or report. We cannot overemphasize the power of a well-written note that says “thank you” for your business or job “well done” or assuring your customer that an action has been taken. 

Then, there is Media. Whether in printed form or broadcast, media is important. A creative mix of media facilitates work internally and brings your market closer. Entrepreneurs cannot ignore traditional media, which has been an ally in building trust and loyalty, providing choices and projecting the image necessary for success. Combined with a minimum of training and lots of patience, desktop technology currently available makes it easier for entrepreneurs to create simple videos, custom print brochures and posters, and turn out mailers. 

Lastly, today's emerging technologies like the Internet has been a classic example of establishing more and more prospects through communities. Perhaps, that is the reason why social networking sites are hits toward the technology-driven, Netizens in particular. Businesses today not just rely on guerilla or traditional real-world marketing, but rather incorporate the Web into their day-to-day operations. All of these create common consciousness among the people. We are hopeful that the creative integration of these channels will make the market a more vibrant, creative and profitable place for all.

Editor

P.S. Photo Courtesy of: India Business Buzz

What's your take on this? We want to hear from you! Click here and participate in the discussion. 


 

Urgent! Looking for Web     Developers!

SME.com.ph, the country's premiere online community for the Filipino SMEs is looking for Web Developers to join our highly dynamic and creative team.
   

    For more information, click here!


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