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Business Ideas

8 financial signs to watch out for

Recognize these eight warning signs so you can prevent your company from falling into financial ruin.

Every entrepreneur\\\'s nightmare is to see his business go bankrupt and fold up. It becomes even more horrifying if the company were forced to sell its assets to settle its financial obligations. Very often, the symptoms of a financial disaster are ignored ...

by Henry Ong  | June 06, 2013 10:00:00
Startup Tips

Stave off bankruptcy

Are you struggling with your cash flow? Has your bank refused to lend you any more money? Your answers to these questions will help you determine if your company is headed for bankruptcy.

Are you struggling with your cash flow? Has your bank refused to lend you any more money? Are your partners or shareholders no longer willing to infuse fresh capital into your business? Have your vendors stopped extending you credit? Your answers to ...

by Henry C. Ong  | June 11, 2012 03:00:00
Startup Tips

Make thrift banks work for you

What are thrift banks? How can you take advantage of such lenders?

In the Philippine banking system, savings and mortgage banks, private development banks, stock savings and loan associations, and microfinance banks all fall under one category—thrift banks. They’re just smaller than commercial and universal banks (some actually own thrift banks) but a little ...

by Jimbo Owen B. Gulle  | February 23, 2012 10:00:00
Startup Tips

Money Matters: Bankrupt or not?

How to know if a business is already bankrupt

Q: At what point, exactly, is the business called "bankrupt"?A: A business is bankrupt when it is not able to pay its creditors and suppliers anymore due to insufficient cash flows. The cash flow problem may be either caused by poor management ...

March 03, 2010 12:00:00