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Startup Tips

Lessons From the Rich and Famous: Manage Your Money Like Oprah to Avoid Going Into Debt Like Nicholas Cage

Have a plan in place for your money, no matter how much you earn

  Opinions expressed by Entrepreneur contributors are their own.Seven-figure paychecks are enough to buy a lifetime of financial security, right? Well, not exactly. Despite making millions, seemingly wealthy celebrities often have a tough time keeping their heads above the financial waters.Johnny Depp spending $3 million to fire ...

by Christopher Tracy  | October 19, 2018 10:00:00
Startup Tips

10 Pieces of Financial Advice I Wish I Knew in My 20s

Being smart with cash in your 20s will pay off big time for the rest of your life

Your 20s can one of the most memorable times of your life. After all, you’ve just started to enter the workforce, have little responsibility and finally have a disposable income to call your own. However, even with all the freedom that youth provides, it can ...

by Andrew Medal  | September 09, 2017 12:00:00
Business Ideas

Would you consider an online financial adviser?

Here are the advantages and disadvantages of financial advising conducted online

  How we manage our business and finances has drastically changed throughout the years. In this digital age, most of us have bank accounts that we can access online. There are also people who swear by using their respective bank’s app to transfer ...

by Nicai de Guzman  | November 03, 2016 11:00:00
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
Run & Grow

Financial Adviser: 6 strategies every startup must do to increase business value

From protecting the brand to nurturing relationships

 Question: My business has been operating for a year now and it is doing well. I have always wanted to retire someday. I could sell my business at a good price or leave it to professionals to manage it. What are the ...

by Henry Ong  | August 09, 2016 04:00:00
News and Events

What's money got to do with love? A lot!

Finance, investment experts walk us through the costs behind finding love, settling down, and growing old together.

LOOKING FOR LOVE. Courtship can break your heart, and your pocket, said financial literacy advocate and Rock to Riches founder Burn Gutierrez. Photo from ThinktockManila, Philippines – Do you ever stop and think about how much love is really worth?From courtship to ...

by Toni Antiporda  | February 10, 2016 07:00:00
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
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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