by Business World, Jun 18, 2019
PAYPAL HOLDINGS, Inc. said a study it conducted has found that nearly 70% of freelancers in the Philippines have business plans, signalling their intention to make occasional work assignments become more sustainable over the long term.
In a statement Tuesday, PayPal said: “(N)early 70% of respondents said they have a business plan in place to support their work.”
In the survey, conducted in April, PayPal said 69.82% of freelancers had a business plan, with 65% of respondents believing that having a blueprint for a businesses is a key to success.
“The survey results are reflective of how the idea of freelancer turned ‘solopreneur’ has been gaining traction in the Philippines, given the flexibility and freedom that freelancing offers. But unlike full-time employees, freelancers often lack the back-channel support to manage their enterprises,” according to PayPal General Manager for Southeast Asia Cross-Border Trade Nagesh Devata.
In PayPal’s survey, 39% of freelancers said “Financial Planning” was the most vital aspect in every business plan while 38% cited “having a client-acquisition strategy”.
Other valuable aspects of business plans according to freelancers include a “project pipeline” (12%) and “rate cards” (8%).
Some 95% of the self-employed still believe they need training to further enhance their skills.
Mr. Devata added: “Even if a majority of freelancers already have a business plan, almost all of them see a clear need for additional training in this area. This shows a strong appetite for knowledge and constant improvement, which are crucial in this globally competitive playing field.” — Gillian M. Cortez
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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