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With inflation rising and economic recession looming, it may seem difficult for aspiring entrepreneurs to invest in an online business. Despite the economic situation and the challenges it poses, Davao-based Shopee sellers Shiela Reyes-Lao and Lou Putian prove that one can still manage to start an o
Published July 24, 2021, 10:00 AM
Many individuals are blessed to have inherited farmlands from their ancestors. This helps them continue what their families have started. Others acquire their own agricultural property to start a farm, optimize productivity, and have full control of the land.
Then there are those who prefer renting land for farming for various reasons. Although others may see it as a disadvantage compared to owning one’s own farmland, some of its benefits include the following: (1) it requires less capital to renovate an old farm as opposed to building a new one from scratch, (2) it shortens the time before operations can start, and (3) it excludes property taxes in the farm’s overhead costs.