Being the daughter of a business minded father, it was almost fate that dictated that I would tread the same path when my time came. I really don’t know if the reason I eventually took the same road my Dad took was because I was groomed for it or maybe because I had his blood running through my veins. Whatever the reason, starting a business was what I wanted to do more than anything else.

Why am I suddenly going nostalgic? Well, after years of running several businesses and looking out for the best franchise opportunities and having to go through all the hardships of start-up, I saw a glimmer of hope after hearing the president’s State of the Nation address.

Huh?!?

You see, everyone knows that getting a business off the ground, no matter how small, will have to go through the rigors of government red tape before even starting. That alone costs a small fortune in money and time. And if for some lucky individuals who happen to have a thicker wallet and longer credit line, going to a fixer is almost always the way to go.

But PNoy said that he would help alleviate all these problems. He said that he would cut the time of business registration to a mere 15 minutes. He said that he would cut the paper work from several pages to a mere 1 page. He said that he would make doing business easy and that he would make sure that the people running the show do their job properly.

This is a bit of good news for business minded individuals like myself. Sometimes the roadblock otherwise known as the DTI and the Mayor’s Office is enough to make a businessman rethink his strategy.

I hope he follows through with his word. And maybe then we might see a boom in new businesses. Being an Economics graduate, he is supposed to make sure that the principle of laissez faire should be enjoyed by the businessmen of his country.

Tags : business matters, Philippines
Categories : thoughts