|
SME in Focus
Beyond a Personal Income: The Creation of New Wealth
While there is nothing wrong with aspiring to land a good job with a prestigious employer, young Filipinos might be better off during their college days preparing to become employers themselves.
Young people should consider the vocation of entrepreneurship, according to Plantersbank chairman Ambassador Jesus P. Tambunting. Having worked closely with SMEs for more than 35 years, Ambassador Tambunting says small business can be a fruitful undertaking.
Size is not so important. What matters most is for young people to select the type of business they would like to own and be passionate about. After selecting the business that they want, the next step is to put their hearts into ensuring the success of the enterprise.
Entrepreneurs, whether experienced or aspiring, cannot overemphasize the importance of setting measurable goals and drawing up plans. Not all challenges can be overcome by sheer enthusiasm, commitment and hard work. So entrepreneurs must be willing to ask for help and never stop asking questions how to get better.
The solid values and the wisdom passed on by one’s elders provide compass points for achieving your goals.
Enterprise guru Francis J. Kong says an entrepreneur’s competence, character and consistency are put to the test during adverse conditions. “SMEs should have a determined approach to improve, be better and provide more value to the customer,” he says.
Becoming an entrepreneur means making a difference in the lives of people. From an individual perspective, being an entrepreneur not only means earning a personal income but also creating new wealth and opening new social opportunities, thereby enriching society as well.
Member-At-Large
Galileo Enrichment
Galileo Enrichment is committed “to help empower learners by providing opportunities for learning enrichment that would make them lifelong learners.”
Galileo Enrichment uses the three As framework namely assessment, adaptation and advancement to develop a strong learning foundation.
Communication and computing are also given strong emphasis in Galileo Enrichment. Students are given the tools to develop written paragraphs. In enhancing the mathematical skills, Galileo also develops the analytical tools of students to be proficient on the four fundamental operations. equations and geometry plus demonstrating the practical applications of math in real life.
Visit its site on www.galileoenrichment.com.
Featured SME
Designed For You: Sisters’ sweet design
Somewhere in San Pablo city, Laguna, a bakeshop is currently crafting a niche to be known as the home of freshly-baked products such as cakes, pastries and gumpaste flowers.
At present, sisters Nerissa Calabria-Drapisa, Margarita Calabria and Honorata Calabria-Reyes are savoring their sweet success as Designed For You bakeshop is gradually developing a brand name in San Pablo as the place to be as far freshly-baked cakes and pastries are concerned.
Click to continue
Tax Calendar
2009 October
|
12 Monday
Withholding Tax
Remittance of September 2009 taxes withheld (on compensation income,
income payments subject to expanded withholding tax and income payments subject to final withholding tax) by non-EFPS filers (BIR Form Nos. 1601C, 1601E and 1601F)
E-filing of September 2009 taxes withheld (on compensation income, income
payments subject to expanded withholding tax and income payments subject to final withholding tax by EFPS filers belonging to Groups E* and D* (BIR Form Nos. 1601C, 1601E and 1601F)
MAP
Filing of September 2009 monthly alphalist of payees for monthly remittance
return (BIR Form Nos. 1601E and 1601F) by non-EFPS filers
E-filing of September 2009 monthly alphalist of payees for monthly remittance
returns (BIR Form Nos. 1601E and 1601F) by EFPS filers belonging to Groups E* and D*
Tax On Interest
Remittance of final tax withheld on interests paid on deposits and yield on
deposit substitutes/trusts/etc. for September 2009 transactions by non-EFPS filers (BIR Form No. 1602)
E-filing of final tax withheld on interest paid on deposits and yield on deposit
substitute/trust/etc. for September 2009 transactions by EFPS filers belonging to Groups E* and D* (BIR Form No. 1602)
Fringe Benefits Tax
Remittance of tax on fringe benefits for calendar quarter ended 9.30.09 by non-
EFPS filers (BIR Form No. 1603)
Withholding VAT & Other Percentage Taxes
Remittance of tax due on September 2009 transactions by all types of
taxpayers, EFPS and non-EFPS filers (BIR Form No. 1600)
MAP
Filing of September 2009 monthly alphalist of payees for monthly remittance
return (BIR Form No. 1600) by all types of taxpayers, EFPS and non-EFPS filers
SSS
Remittance of September 2009 contributions (Form R-5)
Submission of Quarterly Collection List for the quarter ended 9.30.09 (Form R-3)
|
PhilHealth
Remittance of September 2009 contributions (Form ME-5)
Pag-Ibig Fund
Remittance of September 2009 contributions by employers with names that
begin with letters A–D (Form M1-1)
13 Tuesday
Withholding Tax
E-filing of September 2009 taxes withheld (on compensation income, income
payments subject to expanded withholding tax and income payments subject to final withholding tax) by EFPS filers belonging to Group C* (BIR Form Nos. 1601C, 1601E and 1601F)
MAP
E-filing of September 2009 monthly alphalist of payees for monthly remittance
returns (BIR Form Nos. 1601E and 1601F) by EFPS filers belonging to Group C*
Tax On Interests
E-filing of final tax withheld on interest paid on deposits and yield on deposit
substitute/trust/etc. for September 2009 transactions by EFPS filers belonging to Group C* (BIR Form No. 1602)
SEC
Filing of annual audited financial statements by corporations with taxable year
ended 6.30.09 whose securities are registered under the Securities Regulations Code or the Revised Securities Act
14 Wednesday
Withholding Tax
E-filing of September 2009 taxes withheld (on compensation income, income
payments subject to expanded withholding tax and income payments subject to final withholding tax) by EFPS filers belonging to Group B* (BIR Form Nos. 1601C, 1601E and 1601F
MAP
E-filing of September 2009 monthly alphalist of payees for monthly remittance
returns (BIR Form Nos. 1601E and 1601F) by EFPS filers belonging to Group B*
Tax On Interests
E-filing of final tax withheld on interest paid on deposits and yield on deposit
substitute/trust/etc. for September 2009 transactions by EFPS filers belonging to Group B* (BIR Form No. 1602)
PEZA
Filing a copy of the quarterly ITR filed with the BIR, by PEZA-registered
enterprises with taxable quarter ended 7.31.09
|
Click to continue
SME Events
2009 October
Click to continue
SME Power Quote
“The best executive is the one who has sense enough to pick good men to do what he wants done, and self-restraint enough to keep from meddling with them while they do it.” – President Theodore Roosevelt
|