Sunday, October 22, 2017

Learnings of a girlboss: Kris Aquino pays penalty for business license renewal

Aug 5, 2017 @ 12:32

Television host Kris Aquino has risen to become a “girl boss” of a growing food empire but confessed she still has lot to learn.

In a recent Instagram post, Kris shared a “humbling experience” about entrepreneurship when she had to pay a penalty fee to address the discrepancies of her company’s business license. She admitted her “oversight” for failing to renew the permit last year, which delayed the opening of a restaurant in Quezon City this month.

“My sole proprietorship, KCA Productions (KCAP), was activated once again for the year 2017. While it has been operational since 2013, it was dormant (non-operational) in 2016. As such, the business permit was not renewed and this was an oversight from our end,” she said.

“On June 28, 2017, a new permit, taxes & fees for year 2017 was paid in full. The release of our @chowkingph Welcome Rotonda branch business permit w/c is owned by a separate corporation was affected because of this, even if our Chowking AliMall branch in Cubao has had a perfect track record. Ideally, these endeavors should have been treated separately, and KCAP did get issued its 2017 business permit,” she said.

“In the end, the issue has been amicably resolved. It was a humbling experience for me because I need to be vigilant in all aspects of my businesses. And now we move on wiser. ❤️❤️❤️#PositivityWins,” Kris said.

After the resolving the business permit issue, Kris said she learned some insights about “the wisdom of having CLEAN papers & organized files, a good legal team, a thorough accounting firm.”

But the most important lessson Kris learned was “avoiding bringing up personal angst or playing the victim card because in the end POSITIVITY WINS.”

The daughter of the late President Cory Aquino earlier took to Instagram to complain about the supposed bureaucratic red tape in Quezon City when her restaurant permit was put to a halt.

#LEARNINGSOFAGIRLBOSS My sole proprietorship, KCA Productions (KCAP), was activated once again for the year 2017. While it has been operational since 2013, it was dormant (non-operational) in 2016. As such, the business permit was not renewed and this was an oversight from our end. On June 28, 2017, a new permit, taxes & fees for year 2017 was paid in full. The release of our @chowkingph Welcome Rotonda branch business permit w/c is owned by a separate corporation was affected because of this, even if our Chowking AliMall branch in Cubao has had a perfect track record. Ideally, these endeavors should have been treated separately, and KCAP did get issued its 2017 business permit. In the end, the issue has been amicably resolved. It was a humbling experience for me because I need to be vigilant in all aspects of my businesses. And now we move on wiser. ❤️❤️❤️#PositivityWins

A post shared by 🇵🇭 Kris Aquino (@krisaquino) on

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