The year 2012 proved to be quite a year for the Philippine economy, making it a great time to build businesses and invest. What’s even better news, the small and medium-sized entrepreneur is likely to benefit from this significant, economic improvement. This month, Entrepreneur magazine lets you in on the trending business opportunities you shouldn’t miss in 2013--with a multi-faceted growth in real estate, opportunities to seize in the booming food business sector, promising developments in the local creative industry, the Philippine travel and hospitality sector thriving and “having more fun,” and the rise of the mobile sector and social networking.

Entrepreneur also shows you the home field advantage, how small firms should prove their mettle and dominate their respective areas before playing with the big boys. Entrepreneur sits down with former mom-and-pops who share how they learned not only to thrive where they are but also carve a niche in the face of larger enterprises. Rebecca Bucag of K2 Drug shares this tip, “You will never go wrong if you put your stores in the right places. That, plus hard work, steady persistence and a competitive price.” Carlito Go of Batangas’ Citimart and Arnold and Carmen Labunog of Jojie’s Bakeshop also share their insights.

It’s no question that innovation is key to taking your business to the next level. As an entrepreneur, it’s vital to be able to innovate at every stage in your business in order to remain not only relevant but ahead of the game. This month, Entrepreneur lets you in on how you can capitalize on innovation in the start-up and growth stages, much like Potato Corner and Jolibee did, and how you can squeeze some creative juice into your operations. What’s more, read up on clear cut steps you should be making when creating your business plan and how to know the time is ripe to grow your business.

Read more about promising business opportunities you shouldn’t miss in the new year in this month’s Entrepreneur, available in newsstands, bookstores and supermarkets nationwide for only P125. For more of Entrepreneur online, visit www.entrepreneur.com.ph, become a fan on Facebook via Facebook.com/entrepreneurmagazine.ph and follow them on Twitter via Twitter.com/EntrepreneurPH.