Let's discuss the first reason why it might make sense for you to put up a Corporation. The first reason is Personal Invincibility. When I teach this concept to workshop students, I do it by referencing my favorite military innovation in recent years: the predator...
Do you know why people start companies? Why do most experienced business people prefer corporations as the mode of conducting business in the Philippines? As a director or a stockholder, do you know what your company is and what it is capable of? How do you leverage its advantages? If...
Last week, a massive storm struck Metro Manila. Schools were closed early (thankfully!), while streets were flooded everywhere. For workers, it was a hit or miss affair whether you were going to be able to make it all the way to your office safely. In situations...
One of my favorite movies is Gladiator starring Russell Crowe. He plays a roman general fighting for Marcus Aurelius against the Germanic Tribes. I love the scene where he stands with his his army facing the Germanic tribes. He sends out a messenger to negotiate a...
We brought our 2 daughters, 5 and 1 year old, to a kid's photo studio today for a pictorial session. We were all set, clothes, costumes, snacks in case they get hungry. The whole works! When the shop staff opened the door into the studio, our eldest rushed in...
What's the difference between legal information and legal advice? Let's examine the difference between the two and see which is the better for you. A Map Imagine that this is your first time going up a mountain with a mountaineering club. You hold a map which shows that...
I did something pretty embarrassing last week. We had a couple of tenants for a rental unit I was handling and I was presenting them the final copy of the Lease Contract. We were going paragraph by paragraph when the renter says, "Attorney, mali po yung...
A client just emailed me asking that a number of their corporate invoices be updated because they already paid. I usually cringe at tasks like this because it would entail going thru a mountain of documents or emails to verify if the payment went thru. This...