Why do overseas Filipinos need business information or advice?
A. There are many overseas Filipinos, particularly the contract or temporary workers, who send money to their relatives that is intended to start a small business. Some studies have indicated that many of these small businesses fail due to the lack of business knowledge or discipline. There is also a tendency to spend on luxuries and other similar items. For Filipino workers who have stayed or worked overseas for many years, it is important to obtain prior information in order to update themselves with current regulations and conditions . It is also important to look forward and save in anticipation of investing in a source of livelihood upon return.
