Opening small or large business requires knowledge and assets.
I know some friends who owned businesses they never stop studying for the possible growth of their business. Some of them even hired accountant raleigh nc to help them prepare with their annual taxes documents because they can’t do it themselves anymore. It is indeed important to have reliable staff or team in the business fields because that will help them succeed to reach their business goal.
My parents are businessman too but their business isn’t that complicated unlike here in America. Everything needs to be detailed and recorded for legality purposes, but as far as I know many businessman in the Philippines get away with it though, which is sad.