Any advice on starting a business in the Philippines?

I wanted to get some info on starting a business in the Philippines. Some relative of mine keeps telling me to start up a "Job Recruiter" business. However, I do notice that a lot of OFW's are coming back to the Philippines and there might not be as many jobs overseas as in the past. Also, I wanted to know what would I need to know in order to start that type of business. Would I have to know people outside of the country in order to do business? Also, are there any pitfalls to this type of business?

Asked By: flipperr - 3/2/2009
Best Answer - Chosen by Asker
Job recruitment business may either be for local or overseas placement. I assume you are referring to overseas recruitment agency. Paid up capital is at 2 Million pesos, minimum. There is a brochure from Department of Trade and Industry which will guide you on how to set up this business... More
Answered By: ynsy_spyder - 3/4/2009
Additional Answers (3)
don't lose money
Answered By: Qaz O - 3/2/2009
i think lending business or opening a carenderia would be a nice start of opening a business in the Philippine
Answered By: bicbic,noel - 3/2/2009
I''m own a buy and sell business and from what I know you must have the knowledge regarding the business that you're going to put up. If you don't have the proper knowledge of the business then it's like putting your own life at risk. You must avoid this by attending some business seminars and from there you can meet... More
Answered By: ∞æ§V§æ∞ vandalhartz ஜ۩∩۩ஜ - 3/3/2009
Sponsored results
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Click. Search. Apply. Free!
Jobs hiring near your local area. Part-time, Full-time, Work at home.
Sobre 287 Trabajos en tu area. $15-87/hora - Aplica Ahora.

Other Career Questions

What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
3 answers - Asked By: drop pants not bombs!.♥ - 3/2/2010
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
4 answers - Asked By: bayebd24【ツ】 - 11/21/2007
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
1 answers - Asked By: roseparkerly - 1/26/2009

Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.

Popular Articles

Best-Paying Work-from-Home Jobs Article Rating
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook Article Rating
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.1.40.24-311