Start Your Business Right:

Business Registration and Structures 101

by Attorney Jose-Antonio “Jan” Aliling

Get to know the different types of business structures and which is best for you, then learn the correct way to set up your business

With his course Start Your Business Right: Business Registration and Structures 101, lawyer and business consultant Jose-Antonio “Jan” Aliling walks you through the main types of business setups—sole proprietorship, partnership, and corporation.

With this knowledge, you can make informed decisions about what directions you can take your business in and understand what you’ll need to get it registered as a legal entity.

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Are you considering opening a business in the future but don’t know where to start?

Do you already work as an online seller or a freelancer but want to scale up your enterprise or turn your side hustle into a full-fledged and legitimate business?

Or maybe you’ve got your business plan all laid out, have started getting customers, and want to register your business so you can become an official entity (and issue receipts).

Are you an existing business owner considering a change in structure as your needs and the size of your business change?

Perhaps you’re a business student or a professional just looking for a refresher on business startup basics.

If any of the above rings a bell, you’ve come to the right place. Atty. Jose-Antonio “Jan” Aliling gives you a crash course in business structures and setup. He’ll teach you key factors to consider when deciding on a setup, real-world scenarios to show each setup in action and the phases to follow when setting up the type of business you’ve chosen.

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But why should you even care about the different business structures? Why do you need to pick the right one for your business setup? Here are a few considerations:
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Taxes

In a sole proprietorship, the owner pays personal income tax on a graduated scale, meaning the more you earn, the more you’ll have to pay. Meanwhile, corporations and partnerships follow a different system regulated by the BIR.
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Ownership and Control

The type of business you open will determine who gets a say in how the business is run and how profits are divided. So if you go for a sole proprietorship, you’ll have no one else to answer to. But go for a domestic corporation or partnership, and there will be other people to consider when making business decisions, especially with corporations that require mutual agreement from a board of directors.
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Liability

As a sole proprietor, you are personally liable for your business’s debts, so you could risk losing your personal assets. Corporations are considered legally separate entities from their shareholders, so registering as one comes with the lowest risk to your personal assets.
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Requirements

Sole proprietorships will require the least amount of paperwork and registration with various government agencies, while corporations will require the most.
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Costing

The type of business you set up can affect your options for finding startup funds. Corporations can take on bank loans, sell off shares, and find other ways of raising money. On the other hand, sole proprietorships would likely require using your own credit.
Each type of business comes with its own pros and cons. Take the course to learn more about each setup so you can better decide which is right for you.
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Meet Your Mentor:

Atty. Jose-Antonio “Jan” Aliling

Lawyer, business consultant, and serial entrepreneur

While he is best known as a lawyer, Atty. Jan Aliling is also a professed serial entrepreneur. “I started out working when I was ten years old and started doing small businesses when I was in college,” he says, explaining that he used this to help pay for him to complete law school.

The experience sparked a passion for entrepreneurship in him that burns strong even today. “I believe entrepreneurship is the way to solve the unemployment and inequality in opportunities issues,” says this graduate of the University of the Philippines College of Law, where he later became a lecturer. He also holds a master’s degree in business administration from the International Business Academy of Switzerland.

This belief has seen him help over 300 companies start from scratch and go on to get set up as legal entities over the past 15 years. With his partners at Jose Antonio Aliling & Associates Law Firm (ACUBELAW) and Acube Legal Support Inc (ACUBE), he regularly advises, restructures, and maintains over 100 retainer clients. Apart from his law and legal support firms, he also serves as the president of a construction management group of companies and is a director or co-founder of about five other companies.

With so much expertise under his belt, you can be sure Atty. Jan will help you get on the best path to setting up your business.

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Start Your Business Right:

Business Registration and Structures 101

This is your introductory course to the different types of MSMEs (micro, small, and medium enterprises). Not only will you learn about the main types of business structures, but you’ll also be guided through understanding which fits your business framework and what you’ll need to set up as an official business entity in the Philippines.

The course includes the following six modules:

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Introduction

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Understanding Business Structures

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Sole Proprietorship

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Partnership

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Corporation

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Conclusion

As you go through the course, you’ll get additional resources from Atty. Jan, including:
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Printable summary sheets for each business structure

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Case studies of successful businesses for each setup

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List of helpful books and articles for further reading

Once you complete the course, you’ll get a certificate of completion from Pinay Girl Boss Academy.
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When setting up a business, doing it right from the start can save you a lot of headaches if you need to transition later. Let this course guide you in making the best decisions for your enterprise.

Once you’ve taken this course, you’ll learn:

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The basics of the different kinds of business setup: sole proprietorship, partnership, and corporation.

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The pros and cons of each business setup, and their similarities to and differences from one another.

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Key factors to consider when deciding on a business structure.

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Real-world scenarios and examples of each setup in action.

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The correct process for setting up each type of business.

While the course will cover an overview of the process of setting up your business, it won’t teach you accounting principles, taxation requirements, or requirements of your local government unit or the Social Security System. Still, it’ll give you information to get you started when registering as a legal business entity in the Philippines.
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Learn the basics of setting up a business in the Philippines with this course for just P499!

Not only is it half or even a third of the price of Sheila’s in-person workshops, but that’s also less than:

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Four drinks at your favorite coffee shop

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Three orders of a cheeseburger meal with fries and a drink from popular fast-food chains

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One session at the nail salon getting a mani-pedi with a foot spa

By fully informing yourself about each type of business structure, you can choose the one that fits your needs for the immediate future as well as in the long term, which gives you the biggest benefits as a business owner.

Take this course, and Atty. Jan’s can walk you through the basics of what you need to know and how to set up your business. Skip this and other methods of informing yourself about the business structures and their pros and cons, and you might be at risk of setting up your business incorrectly, which could lead to potentially expensive legal hassles in the future.

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