Thursday, June 21, 2018

What you can do to make your small business survive

I'm a sole proprietor of my writing business. The business covers my blogging, writing and editing work, and also my few press release assignments. Even though my business is already a few years old, I still don't know everything about making it succeed. I honestly feel that one of the problems is the government. There are so many requirements to submit and so many steps to take to make it legal and keep it that way. There are so many tax forms and taxes to pay. Seriously, how can a business even start or survive when the government systems are hell bent on making it difficult every step of the way?

And mine is just a tiny business! I'm not a food business, I don't make products nor do I sell anything. Those kinds of businesses need even more permits. I do understand that these systems are in place to protect the consumer. I just wish that the government also understands that in order for a country and its citizens to become richer (and thus pay more taxes to fund the politicians' coffers nation's many projects), it has to make everything easier for small business owners, startups, professionals and freelancers. Singapore, for example, makes opening a business so easy because you do everything online. You have a legitimate business set up in one day! How long did it take me to register Frances Jules Amper Sales Writing Services? Two weeks! 

Anyway, here's a guest post today. A few tips on how to make your small business survive. I'll add my notes at the end of each tip!

* * * * * * *  



Small businesses are popular, but it’s rare that they end in success. Whether you’re starting a home business, taking over a family business, or making a business out of your blog, it will be a struggle.

The fact of the matter is that the world is a very treacherous place for small business owners and most will fail to make it. This makes you think; what can you do to ensure your startup survives? While success isn’t guaranteed, there are certain things you can do to help your company have a better chance of succeeding.

Be Active In Your Local Government
A lot of small business owners fail to see how important it is to be active with local government politics. State legislation can make a huge difference in how successful your business will be. I have two suggestions here. 

Firstly, I encourage everyone to vote in local and state elections. As you can see on www.votereagan.com, there are Secretary of State elections around the corner, and these play a huge role in small business success. If you vote for someone with policies and legislation that benefit small business owners, then it will naturally put you in a better position to succeed. 

Secondly, I suggest you don’t shy away from writing to government officials. This can often be the first step in getting certain laws changed or relaxed to help your business thrive. At the very least, this communication can help you understand laws better and what’s expected of your business.

This is a good tip, mamas. Let's vote for people who are making legislation that helps families (like Senator Risa Hontiveros who authored the Expanded Maternity Leave Act) and lowers income taxes (okay, while Senator Edgardo Angara's lower income tax bill was fantastic, it became part of the awful TRAIN Law that raised taxes on everything else!).

Understand The Ins And Outs Of Tax
Tax is a small word, but it carries massive worries for small businesses. A large proportion of small companies fail because of tax issues. You either don’t pay enough, or you pay too much. Either way, you end up in a situation where money is a real issue. 

Tax can be a huge business expense, so it pays when you learn how to reduce your tax bill as much as possible. Get to grips with the ins and outs of filing your tax return, and your company can save thousands of dollars every year. This could make all the difference in the race for survival. 

Another good tip! If you're on top of your bookkeeping and if you know the best deduction method for your business and your correct tax code, you can pay less to even no income taxes. I'm lucky I have my amazing tax consultants over at Taxumo who helped me figure this all out! Sign up at Taxumo now for all your tax needs!

React When Things Clearly Aren’t Working
There are loads of common reasons behind the decline in small business success rates. In fact, there a whole list on www.moyak.com that goes through them all. I want to focus on one point that stood out for me, this idea of not reacting quick enough. When things start going badly for you, you need to react. This might mean changing your business model completely, to adapt to the way the market has changed. When things clearly aren’t working, this is where you must be proactive rather than trying to ride out the storm. 

Yes. I know many businesses that sell only online. Many Pinoys want to touch and feel a product so these online business get lots of inquiries about a physical store. The owners saw this as a sign to join bazaars and expos. This really helped reach a different market (the not-online one!) and also helped market their brand to new customers. 

Everything here applies to small businesses of different types and varieties. Even if your small business is a blog, everything is still applicable. You’ll still be burdened or relieved by government laws, you still pay tax, and you can still go through a period where suddenly your blog doesn’t make money anymore. So, what can you do to make your small business survive? Following the pieces of advice above is a good start.

*This is a guest post, with my edits. To place a guest post, email frances@topazhorizon.com for my rates. Photo from Flickr. 
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Wednesday, June 20, 2018

5 things to cut from your budget ASAP

Enrolment is done! Half the year is over! I hope your bank account is surviving, mamas. If it needs reviving but you can't earn more money, then we'll need to cut some items from the household budget.

#5: Your Membership To The Gym
If you go to the gym every day, then you can skip this one. Most of us, however, start the year with good intentions and sign up for gym memberships but by the time June rolls along, we've never even stepped inside the gym! I know this because I bought a Gold's Gym membership plan a few years ago but because my schedule was so packed, I only went to the gym maybe 8 times. And I paid for an entire year! So unless you can commit the time, these gym memberships end up being a total waste of money. 

Getting fit need not be at a gym. We know that, right? I exercise right in my living room while watching Netflix. My friends also suggest the many fitness apps you can put on your smartphone that aid in working out and making the process a lot easier. You can also walk or run outside—I do it early in the morning so that it's not too hot and polluted. 

#4: Cable TV 
In today’s world of instantaneous connectivity and insane amount of streaming services and platforms that we have, there simply isn’t any point paying for cable television. We're still subscribed to cable because we have a contract but we watch Netflix more so we're cutting off our cable sub as soon as our contract is over. That's P6,600 we can save a year. 

What I'm also hearing a lot about is the Amazon Fire TV (latest version, the Fire TV Cube, launches this month). It's a digital media player that has access to a wide variety of services that are exactly the ones that you would find with a regular cable television package. But, you actually get to choose what you want to watch, rather than having to contend with the programming that the network has chosen to play. The Amazon Fire TV is a Smart TV Set and it comes with the Firestick Remote, which but can be slightly tricky to set up! Pairing it correctly allows you to access many different platforms and services for television, and there really is no shortage of high-quality programming! 

#3: Your Coffee
Yes, you can have coffee at home. Stop getting those expensive frappes and lattes and whatever concoctions coffee shops keep coming up with. If you have three P95 coffees a day, that's around P5000 you spend on coffee every month. And that's the cheapest cup. If you get the ones with whipped cream and lotsa sugar, you not only get poorer, you also get fatter. 

#2: Transportation You Don't Need
This is a very simple one, but more often than not, we end up driving/getting a taxi to places that are a few blocks away. This ends up having a bad effect on the environment, and it also ends up wasting the money that we spent on gas/fare because we could’ve just walked. 

I walk everywhere. If you see me on the street, say hi! Anyway, our streets are not easy to walk on because they're dirty, not paved well or broken, crowded with vendors, and sometimes the sidewalks disappear entirely! So I understand it that us Pinoys would rather take the car or a cab. But if your destination is near, do try to walk instead. By walking, you burn off calories, you get exercise, and you're saving money on gas and parking as well.

#1: Your Landline 
These days, everyone has a mobile phone. I prefer a postpaid plan (my Smart plan is an old one but it's fantastic because it's unli-data—it's not offered anymore so hooray for me!). But if you prefer a prepaid plan, you can get a prepaid card for just P40. I know because I just got one for my business phone. A mobile phone plan is a better option especially if you're never home. You can make calls, send messages, surf the internet, stream services, play games for the same amount as a landline! So if you cut the cord on your landline, you’ll find yourself saving up a lot. 

Now that you've cut out these five things from your budget, you can now take that money and put it towards things like a vacation or a new car, or a financial goal that inspires you! Happy saving, mamas!

*Article concept by and written with Clarissa Caouette. This post contains affiliate links.
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Friday, June 15, 2018

Top 5 reasons their stay-at-home dad is good for my sons


My husband Vince and I are both writers. Realizing we have the incredible privilege of choosing where we work, we opted to stay at home while our three sons are young and be their main caregivers. I’m happy to say that in these enlightened times when many women share the role of bringing home the bacon and many men are now expected to help change the diapers, people actually celebrate our decision.

I will admit that while people marvel at our arrangement, they also get confused by it. The main concern is my husband’s ability to take care of our children. “So are your kids really okay with just their dad? Not even a yaya or a female relative to really care for the kids? I mean, men don’t know anything about raising kids, right?” 

Ladies, if we let fathers be fathers, you’d be surprised at how good they are with kids. In fact, in my experience, I’ve found that Vince is the more devoted parent! Well, he’s the one who always wanted to have kids while I always wanted to have a career. So I shouldn’t have been surprised when I discovered how adorable he is with babies!

Here are the other reasons why a stay-at-home dad is good for my family:

1. My three sons have no idea what gender roles are. 
As a staunch feminist, I’m so proud to say this. There is no such thing as “women’s work” or “a man’s job” for my sons. “A woman’s place is in the kitchen” means nothing to our sons because they see their Papa cook and wash dishes alongside their mother. They see their Mama work at her computer just as they see their Papa typing away at his keyboard, too. Papa vacuums the house while Mama does the laundry. They see the two most important people in their life on equal footing and sharing the same responsibilities. Mama and Papa both wear the pants in the family. Mama and Papa both wear the apron, too. 

I’m so excited to see the kind of men my sons will grow up to be! They’ll be career-driven and domesticated. They’ll be amazing cooks and all-around handymen. Most important of all, they’ll always see women as their equals. If they choose to marry, their wives will be so lucky!

Vince always does the groceries and he does this with the baby boys in tow!

2. My boys have the best teacher and playmate. 
I must confess I’m no fun. Even when I was a kid, I didn’t play games, I didn’t party, I didn’t have extracurricular activities. I’m a complete bore. That’s one of the reasons I was afraid to be a mother! Enter Vince. 

Bedtime stories are the bomb with Vince. He’s also the one who decides on the kids’ entertainment—what apps the kids download, what animated films they watch, what video games they play. My sons get the best toys because their Papa was so involved with them at the toy store, picking out the stuff they’ll play with. They invent games. They can talk about superheroes endlessly. They have so much fun together every single day! Imagine if they’d been stuck with boring old me!

If I had my way, my kids will never have Legos. So thank goodness they have their Papa!

3. My sons experience life in a better, more relaxed way.
Given all that I need to do, I’ve learned to be efficient with all my chores. When my to-do list says, “Give boys bath,” I do exactly that—soap them up then wash them down. That way, my sons are clean in 5 minutes allowing me to move on to the next item on my list.

My husband, meanwhile, has bath toys and bottles of bubbles. There’s colorful stick-on alphabets so Vince can teach them how to read while scrubbing their knees. One time, I found the boys soaking in their bubble baths listening to the LEGO Movie soundtrack blaring from speakers Vince lugged all the way to the bathroom. My sons are learning the joys of slow living from their father and I’m fast appreciating that pleasure, too.

Babysitting with the iPad. Don't worry—educational apps only and always supervised at that age!

4. My sons have a strong fatherly presence.
Many fathers can claim to have a strong presence over their children, of course. Even absent ones. My husband’s presence is much stronger, I believe, simply because he is physically present. His is a tangible, reliable, and constant male influence on our boys.

He patiently taught all our boys to walk.

5. My sons have the best example of strength and tenderness.
The best part of having a stay-at-home dad is my sons see all aspects of being a father. He’s not just provider or disciplinarian. They see more than just the traditional dad. In fact, they don’t even know what the traditional role of dad is.

For our sons, a father is someone who works and plays. For our boys, a father is a man confident enough in his masculinity to be equal parts tenderness and strength, and to embrace all aspects of parenting—even those that traditionally fall under “mothering.”

Setting an example of tenderness and care to Iñigo.
My sons and I are all the better for this. Happy Father’s Day, Vince! We love and appreciate all that you do!

*This article was published on defunct parenting site Juana.com.ph last year. Vince is now an editor at The Asian Parent, where he wrote an article on his experience as a stay-at-home dad. Please read it ["I was a stay-at-home dad, and it was awful. It was also the best thing I ever did."]! He also says he misses spending time with our boys.
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