The current situation has challenged the way people do business. With community restrictions halting the operations of most stores, business owners, particularly the small and medium enterprises (SMEs), have struggled to find ways to keep their businesses afloat.
Seeing this, Globe myBusiness looked for ways to help the SMEs adapt and still thrive in the current landscape. One of which is through the Para sa Bagong Bukas: Business Consultation Caravan, held last June 25, 2020, wherein industry leaders from the Entrepreneurs' Organization (EO) shared invaluable insights to help SMEs.
The program was launched via Facebook Live on Globe myBusiness' Facebook Page where Globe Telecom President and Chief Executive Officer (CEO) Ernest Cu and Ayala Corporation Chairman and CEO Jaime Augusto Zobel de Ayala gave encouraging messages to their fellow entrepreneurs.
"What we would like to do is offer a lot of help by way of advice and of services that will help these SMEs transform into the new reality, in alignment with Globe's overall mission of making families' dreams come true in the Philippines, helping businesses flourish, and creating a nation that is admired," Cu said
Zobel de Ayala then stated that the micro, small, and medium enterprises are critical elements of the economy and their statistics in the Philippines is phenomenal—they account for 99.5% of all registered businesses in the country, 63% of total employment, and 35% of the national GDP.
"Your community is absolutely vital to the success of our country and Globe would like to take a role in contributing to your success and an engagement that hopefully addresses the points that you have as a community," he said.
After this, free one-on-one consultations with EO business consultants were held via private Zoom meetings. Here they discussed ways to help SMEs keep their operations going and reach more customers with the use of technology.
EO, which aims to "engage with leading entrepreneurs to learn and grow", is found locally with 187 members and globally with 14,000 members spanning across 62 countries. In the Philippines, it is partnering with Globe myBusiness to consult, help, and mentor other entrepreneurs so they may continue to make headway as well.
"In today's time as entrepreneurs, we should all be in this together now more than ever for our businesses to survive, thrive, and overcome the current [situation]," said EO Philippines President and Globe myBusiness Hospitality Ambassador Hanky Lee.
Table Group Director Jay Ong, Stylist in Pocket Technologies CEO Sheree Gotuaco, Bo's Coffee CEO Steve Benitez, The Henry Hotel Innkeeper Hanky Lee, Bigg's Diner General Manager Carlo Buenaflor, Planet Sports Inc. President/Director Anton Gonzalez, Privato Hotel Group Founder and President Gab Perez, Navco eCommerce President Ryan Tan, Bizu Patisserie Vice-President Audrey Uy, Victoria Court Managing Director Atticus King, and Jimini Foods Group Managing Director Kerwin Tansekiao, along with Cu, shared tips and tricks to help the SMEs manage their businesses more effectively.
"Difficult times present themselves with opportunities and I have heard many times in this period: Never waste a good crisis. There are things that will come up and new business models will emerge, and I expect fully that SMEs will be the ones to take advantage of this. Again, move forward, move on, Globe is with you," Cu said.
This business consultation caravan is just the first of Globe myBusiness' many digital solutions to help Filipino entrepreneurs fortify their businesses and find success even in times of crisis. By adding their learnings from this event with their passion and creativity, surely, more SMEs will be able to rise to the occasion.
Watch how Filipino SMEs show their resiliency in this situation and how Globe myBusiness is recognizing their invaluable contribution in this #SaludoSMEs video.
Check out Globe myBusiness on Facebook, Twitter, and Instagram for more information and updates. #SaludoSMEs #ParaSaBagongBukas
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