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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
Business Ideas

Free entrepreneurship classes for May

The briefing sessions will be held every Tuesday.

The Bureau of Micro, Small and Medium Enterprise Development (BMSMED) continues to hold free entrepreneurship briefing sessions every Tuesdays at the BMSMED Training Room, 5/F DTI Building, 361 Sen. Gil J. Puyat Avenue, Makati City from 1:30 to 4:00 p.m.This initiative aims ...

by Entrepreneur Staff  | May 08, 2012 01:00:00
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
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