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Startup Tips

Financial Adviser: 5 ways to get the cash you need for your startup

Get funding without losing control of your business

 Question: I am planning to expand my startup next year and I will be needing some extra cash to finance it. There are investors interested to help but I don’t know how to handle this properly. I want to raise funds without ...

by Henry Ong  | October 11, 2016 06:00:00
Business Ideas

Show me the money

Are you raising capital the best and fastest way possible?

Are you raising capital the best and fastest way possible? Other than using your own savings, you can fund your business by borrowing from family and friends and applying for bank loans. Borrowing can be tricky though, especially when it involves personal ...

May 28, 2013 02:00:00
Startup Tips

The skinny on being a financial consultant

Teaching others to be financially literate is a big opportunity to make money without spending money.

There is a saying in Filipino that goes laway lang ang puhunan (literally, saliva for capital). Though it sounds too good to be true, there are people whose every word is worth their weight in gold. Knowledge is their capital, reputation their ...

by Khris Marc Ronquillo  | January 02, 2013 01:00:00
Startup Tips

How to limit your bad debts

Decide on the credit worthiness of your prospective customers. Know their paying ability, credit record, and the maximum credit you are willing to provide them.

Most companies sell on credit without charging a fee for the service, and this gives rise to “accounts receivable,” the asset account in the balance sheet representing the total of all outstanding credit sales.Normally, a company will extend credit to a customer ...

by Bay Cabrera  | October 08, 2012 02:00:00
Startup Tips

Check that cash crunch

Q: I’m currently having a cash crunch and I don’t have a lot of fund sources to turn to. I’m thinking of either delaying payment to my suppliers or delaying my employees’ salaries. What do I do?A:Before you start thinking of doing ...

by Henry C. Ong  | August 30, 2012 01:00:00
Startup Tips

It's all about the money

Start saving and investing as soon as you can.

We all know that we should save and invest as soon as we can but starting can be hard. It is easy to make excuses for putting off savings every payday: those pair shoes that you just had to have, that once-in-a-lifetime ...

by Joyce Roque  | July 25, 2012 11:00:00
Business Ideas

Raising cash for your startup

Do you have the motivation and the idea for a business but lack the cash?

Do you have the motivation and the idea for a business but lack the cash? Getting the funding to start or expand your business is a hurdle for most aspiring entrepreneurs. You can try borrowing money from relatives and friends, the bank ...

by Entrepreneur Staff  | April 26, 2012 06:00:00
Startup Tips

The basics of understanding financial statements

Monitor the financial information submitted by your accountants

An entrepreneur needs to develop some sense of control the company finances. One form of control you can exercise is to analyze the financial information generated by your accounting system. The data in your financial statements can regularly provide you with valuable ...

by Henry Ong  | September 17, 2011 10:00:00
Business Ideas

How to help your employees after Typhoon Ondoy

Aside from doling out relief goods, you can extend other kinds of help, especially to your own staff

(Photo shows Binalot Fiesta Foods personnel re-packing relief goods) After Typhoon Ondoy left such a big devastation over Luzon, there is a mixed outlook of gloom and hope. True, even businesses have not been spared by the fury of the natural forces. ...

September 28, 2009 12:00:00
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