How to Start a Business and Protect It
So, you finally decided to take that entrepreneurial leap. Well, how does one go about starting a business?
People say do market research first. This writer says no. This writer says make a list of things you love first, then that is when you apply market research to narrow down the list.
It is important to continue to be passionate about your business when it is not making money yet. You have to be there for your business while it isn’t quite there for you yet.
Then, after you’ve taken your pick, you can use Google trends to check the keywords related to your business. It will also help you market it.
Of course, you need to prepare your budget and get the necessary permit. You also have to make sure you secure the appropriate TIN from BIR.
However, there are elements you can control and those you cannot. This is where Microbiz Protek Jr. comes in. It will protect microenterprises such as yours against acts of God like earthquakes, floods, fire, lightining, and typhoons.
Cebuana Lhuillier, the leading microfinance service company, is especially helpful insuring MSMEs against the risk of disasters.
In a survey conducted starting 2015, PHP1-million is the average loss of microenterprises. Remember that aside from being flood-prone, we also have high incidences of fire in our country, like what happened to Star City and UP Shopping Center.
Microbiz Protek Jr. is a must-have especially if you plan to start your business during the summer. Or if you are planning a food business. Because you should not leave the safety of your business to chance and be protected from fire and other natural calamities.
We know that times are hard so it is reassuring that the insurance also protects you against burglary and robbery.
There is also an emergency assistance access via AXA PH mobile app. This is provided by Emma and enables users to get acquire ambulance, fire, police, and roadside assistance.
Just Php105 will be good enough to cover you for a year and what you will get via the coverage ranges from Php10,000 to Php50,000.
You can visit https://www.cebuanalhuillier.com/microinsurance for more information.