B S E N T 3 - 2 Ma. Jamie Francesca F l o r e s B e t a g o , Kenneth D . P r o f : S i r . R o g i e Delena.
W h a t i s L e g a l Matters ?.
Crowdfunding. 01. 02. 03. 04. 05. R a i sing Money.
If you have strong convictions about an idea, use the power of the internet to raise the funds you need. Moreover, you can ask friends and family to contribute to your crowdfunding efforts or borrow from them directly. People you know are often the best and safest way to raise money. Not only will they be more open to your proposal, but they have also likely seen your effort and dedication..
Angel investors provide capital for a business start-up in exchange for convertible debt or ownership equity..
If you don’t want to give up any form of ownership or independence, bootstrapping is likely the best option to raise money for a business. It involves using your own resources..
Like angel investors, venture capitalists provide capital to start-ups, early-stage, and emerging companies that show high growth potential. The difference is that they generally provide financing that often has higher rates of return instead of taking a share of the company. However, some may take an ownership share of the company..
There are numerous microloan options for those looking for ways to raise money for business growth or expansion. Loans remain a core option for businesses because they usually come with fewer strings attached, shorter payment periods, and in some cases, medium to low-interest rates..
Another way of raising money for a business through government assistance is through SBA lending. However, it’s important to note that interest rates are slightly higher than most banks..
M a r k e ting Laws. 01. 02. 03. 04. The Data Privacy Act (DPA) of 2012, RA 10173 . A . Laws and Your Privacy Policy B . Security and Cloud Storage.
Is a comprehensive and strict legislation used to protect people’s privacy while at the same time, ensuring the free flow of information to promote innovation and growth. The main goal of the DPA is to protect people from unauthorized use of their personal information..
A . Laws and Your Privacy Policy. Aclickwrap method is where your customer or user has to click “I Agree” to your Privacy Policy in some way..
B. Security and Cloud Storage. R eassure your customers that once you’ve collected their information, you will keep it secure . S how them you are trustworthy by informing them.
Republic Act No. 8293. Intellectual Property Code of the Philippines..
Trademark. G ives you the exclusive right to use a specific word or words, name, design, or logo in connection with specific goods or services..
C o p yright. Copyright relates to authorship of original works..
Republic Act 7394 (The Consumer Act of the Philippines) was enacted primarily to protect the consumers against false, deceptive and misleading advertisements..
A. Deceptive Sales Acts and Practices Inducing a consumer to enter into sales or avail of services Concealment False Representation Fraudulent Manipulation.
B. Product Service and Warranty • A contract between the buyer and the seller of a consumer product concerning the rights and obligations of both parties • Designation of Warranty (Repair, replacement or refund) • Duration of Warranty (e.g. 60 days to 1 year following the sale of a new consumer) • Application of Warranty.
C. Labelling and Fair Packaging • Provides for the minimum labelling requirements of all consumer products domestically sold, whether manufactured locally or imported.
D. Price Tag • All consumer products sold in retail shall bear an appropriate price tag, label or marking indicating the price of the article • Consumer products shall not be sold at a price higher than that stated in the price tag.
Republic Act No. 10667 also known as the Philippine Competition Ac t.
The act is intended to ensure efficient and fair market competition among businesses engaged in trade, industry, and all commercial economic activities..
It prohibits and penalizes three types of anti-competitive conduct: - anti-competitive agreements - abuses of dominant position - anti-competitive mergers and acquisition s..
A nti-competitive agreements.
A buses of dominant position.
A nti-competitive mergers and acquisition s..
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