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Startup Tips

The 6 questions your business plan must answer

If your product's uniqueness can’t stand up against your competitor's copy, you’re in trouble

The other night we were talking with a group of young people when one person said that she wasn’t able to start a business because she couldn’t qualify for a loan. As you can imagine, several of us chimed in that we didn’t ...

by Doug and Polly White  | November 14, 2016 05:00:00
Business Ideas

Financial Adviser: 5 ways to build a successful business with zero cash

Sure you need money, but if you got the strategies, capital can come from sources other than you

 Question: I have always wanted to be an entrepreneur but I don’t have the capital to start up a business. Should I delay my business plans until I have saved enough money to finance it? What should I do? – Dylan via ...

by Henry Ong  | November 02, 2016 01:00:00
Startup Tips

A Php 50,000 question: 10 smart ways for productive spending

If Php 50,000 landed on your lap, how would you spend it?

There are infinite ways you can spend a sudden surge of reasonably large capital. Of course, you can put it in a savings account. But why would you?Armand Bengco, a financial advisor and executive director at the Colayco Foundation for Education Inc., ...

by Jennee Grace Rubrico, Dulce Castillo-Morales and Joe Esgerra  | September 13, 2016 03:00:00
Startup Tips

The best kind of capital: Money from ”?"family, friends and fools”

It’s not about being lucky; it’s about working with what you’ve got

You’ve got the concept. You’ve got a solid business plan. Now, how do you get the money to launch your brilliant startup? As the saying goes, you need money to make money. Nobody knows this better than startup entrepreneurs.LJ Moreno-Alapag, founder of ...

by Entrepreneur Staff  | September 07, 2016 09:00:00
Business Ideas

Businesses with startup capital of P6,000 or less

Who says huge capital is always required to startup any business? Here are three proofs you can be a successful entrepreneur even with a lean investment.

It is a fact that many of today’s richest Filipino businessmen started as small entrepreneurs. But with their passion and hard work, they have succeeded in creating giant business empires. Mall tycoon Henry Sy, for instance, was trained in managing business by ...

by Carlo P. Mallo and Carlo P. Mallo  | May 14, 2015 08:00:00
Startup Tips

5 ways to raise your startup capital

Entrepreneurs share tips on looking for ways to fund your venture.

Filipinos dream of becoming their own boss. But raising capital remains the biggest block in their quest to put up their own business. However, a number of established entrepreneurs will tell you that if one wants something bad enough, there's a way ...

by Carlo P. Mallo  | December 07, 2012 10:00:00
Business Ideas

4 tips on raising funds for your startup

Borrowing money should be the last option, an entrepreneur says.

While most Filipinos dream of becoming an entrepreneur, these same Filipinos worry about raising capital for their dream business.Putting up a business requires capital. But where do aspiring entrepreneurs look for it? There are banks offering loans, then there\\\'s  the popular "5-6" ...

by Carlo P. Mallo  | November 06, 2012 04:00:00
Startup Tips

What to watch out for in a loan contract

How to read and understand the fine print before you sign on the dotted line of a loan contract.

So you just got a big raise and are in the big league now, and to validate your new status, you want to buy a new house or start a new business and hope to become one of the successful Filipino entrepreneurs.First ...

May 15, 2012 06:00:00
Startup Tips

Borrowed capital from your relatives? Document your agreement

To ensure harmony and stability in business, there should be a proper documentation of investment.

It\\\'s not unusual to hear of an entrepreneur calling on friends or relatives to invest in a venture that he or she has already started. The arrangements are often arrived at informally, after which money changes hands and expectations are raised. The ...

by Dondi P. Gaston  | April 09, 2012 09:00:00
Business Ideas

Home-based business idea: Food delivery

The nearby offices are actually business opportunities

Business: Food deliveries to nearby officesTake note of the office buildings near your residence—they are ready markets for  food delivery service. Capital: You need as little as P2,000 to start your food-delivery business, says Rolando Fababier, who delivers lunch and snacks to ...

by Entrepreneur Staff  | September 15, 2011 01:00:00
Startup Tips

Why you should record sources of startup capital

You should make the effort to document investments

To ensure harmony and stability in a business, there should be a proper documentation of investment or any other interest each investor has takenA purchase of an interest in a business should be properly documented so the parties involved will have a ...

by Entrepreneur Staff  | August 24, 2011 02:00:00
Business Ideas

Business Basics: 10 things you should know about funding your business

Even starting a business from scratch needs capital to turn your business ideas into reality. The materials, electricity, lease of space, and even the registration of your business name require money. If you are like the many Filipinos who have no trust ...

April 12, 2011 09:00:00