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Business Ideas

Do you need to adjust annual budget for your biz?

Determine if you need to revisit your annual budget here

Financial expert Henry Ong  tells us that sometimes, there is a need to adjust our annual budget to expand our market. Q: When business is booming, is it prudent to adjust the annual budget and ramp up capital spending or should I ...

by Henry Ong  | January 09, 2013 02:00:00
Business Ideas

Expenses that you can save on

Our expert shares cost-saving ideas that SMEs can employ.

Q: What company expenses can we save on that will have a large impact on our cash flow and profits, but will have little impact on our products or services?A: There are two types of operating expenses that you have to consider: ...

by Henry Ong  | May 14, 2012 01:00:00
Startup Tips

10 ways to save money

The key to saving your hard-earned dough isn’t about putting a complete stop to all your purchases. Look for covert cash leaks, plug them up, and get ready to save more than 25K this year. Seriously. [related|post]If you want to have more ...

by Peter Imbong  | February 24, 2012 05:00:00
Startup Tips

Begin a business on a budget (Part 1)

No matter how much capital you have, there’s a business to be had. Is one hundred thousand pesos enough to start a car-wash business? Yes. Is P200,000 good for your own clothing and accessories shop? Check. How about a bakery for 250 ...

January 27, 2012 09:00:00
Startup Tips

How can a startup entrepreneur can defray the 13th month pay

But you still have to give it.

Q: I just started an Internet café in the university belt area in Manila, and I have a staff of four. I have yet to earn profits from the business. What are my alternatives to paying 13th month pay?A: Putting up a ...

December 14, 2011 01:00:00