Issues affecting
the Filipino
Entrepreneurs
Prepared by: Lhara Sario
What is an
Entrepreneur?
Is an individual who creates a
new business, bearing most of
the risks and enjoying most of the
rewards. The entrepreneur is
commonly seen as an innovator,
a source of new ideas, goods,
services, and business/or
How Entrepreneurship
• works?
Entrepreneurship is the process
of setting up a business.
• Entrepreneurship is one of the
resources economist categorize as
integral to production, the other
three being natural resources,
How entrepreneurship
• works?
An entrepreneur combines the first
three of these to manufacture good
or provide services.
• They typically create a business
plan, hire labor, acquire resources,
and financing and provide leader and
management for the business.
Who are the Filipino
Entrepreneurs?
• They are basically Filipino
business owners who have the
skills and knowledge in
managing a business.
• It is also said that Filipino
Entrepreneurs are practical
and uses common sense,
also described as street smart.
• The Filipino Entrepreneurs are
also passionate about
business, and are confident
and self-reliant.
Contemporary Economic Issues
Affecting The Filipino
Entrepreneurs:
• Investment and interest rate
• Rentals
• Minimum wage
• Taxes
Investment and interest
rate
• Investment - its is defined as
building up the capital stock for
more future production.
• Interest rate – This is the mount of
interest due per period, as a
proportion of the amount lent,
deposited or borrowed
• There is a negative erest rate
the inverse relationship
between investment and
interest rate “ The higher the
Interest rate, the lower the
quantity of investments, the
lower the interest rate the
higher the quantity of
Effects to entrepreneurs
Low interest rate attracts more
entrepreneurs to invest, while high
interest rate lessen the opportunity of
entrepreneurs to start their business in
the country.
Rentals
Rent – It is the price paid for
the use of land other natural
resources or factors of
production that is in fixed
supply.
Effects to entrepreneurs
Rental fee is in expense account
which means the bigger the
place/space the higher the cost,
they also have to consider the
location.
Minimum wage
●It refers to the lowest wage
permitted by the law below
which paid by the employer will
subject him to penalty from the
government.
Effects to entrepreneurs
●Over and above minimum wage id
the voluntary productivity-based
pay, which encourages workers and
enterprises to become more
competitive and productive by
rewarding employees
supplementary based on the quality
Taxes
• Tax is the lifeblood of the economy. It
fuels the social services by the
government to its citizen
• Taxation is the act of levying tac so
that yhe sovereign , through its law
makibg body cam raise income to
defray the necessary expenses of
Effects to entrepreneurs
High taxes tend to lessen investment
because this is considered an
additional cost on the part of the
entrepreneurs. Low taxes mean fewer
government project such as school
Buildings , road, bridges etc.
Thank youfor
listening!!