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Startup Tips

7 problems preventing your business from being profitable

Low prices, excessive ongoing costs, inconsistent revenues ”" what's your business' core issue?

There are many reasons to become an entrepreneur, but no matter what yours are, even if they don’t include getting rich, your business still needs to generate a profit.Without one, you can’t keep the doors open, and you can’t keep doing what you ...

by Jayson Demers  | November 23, 2016 05:00:00
Startup Tips

23 pitch questions you must answer before you get funding

How well you answer these real-life questions can help give you an edge

Pitch competitions are a reality of startup life, as common as coffee mugs that say “Hustle Harder” or thought leaders expounding on the need for “grit.”Still, even the smartest entrepreneur isn’t always ready for what competition judges might ask. During Steve Case’s Rise ...

by Linda Lacina  | October 14, 2016 07:00:00
Run & Grow

An entrepreneur's guide to navigating various funding options

When looking for a funding option, research is everything.

Ideas are wonderful. In fact, ideas are what make the world such an interesting place. Unlike other species, humans have the ability to creatively and artistically brainstorm new ideas that did not previously exist. Unfortunately, ideas are not always enough.In the business ...

by Samuel Edwards  | May 04, 2016 09:00:00
Startup Tips

Where small businesses are finding money (Infographic)

Where do small businesses get their funding? Take a look at this infographic.

Access to capital is one of the most important factors in successfully starting or growing your business, but finding enough money may be a problem for many small-business owners. According to a 2012 survey from the National Small Business Association (NSBA), 47% ...

by Kathleen Davis  | August 30, 2015 08:00:00
Startup Tips

8 best practices to seek funding from friends, family, and fools

The first move to make is to impress them with your idea.

Many first-time entrepreneurs find themselves unable to bootstrap their startups, and also unable to find early funding at the venture capital level or even with angel investors. Their only recourse is that first tier of investors, fondly called Friends, Family and Fools. These are ...

by Martin Zwilling  | May 30, 2015 09:00:00
Business Ideas

Funds earmarked for SMEs this year

The Department of Trade and Industry has set aside P34.4 million for 40 small-scale livelihood projects.

The Department of Trade and Industry has set aside P34.4 million this year for 40 small-scale livelihood projects out of the P50 million fund for its Shared Services Facility (SSF) Program.The latest to get funding support are four projects in Compostela Valley. The ...

April 08, 2013 01:00:00
Business Ideas

An all-in-one financing facility for entrepreneurs

Now an easy way to get extended credit.

BPI Family Savings Bank, through the Ka-Negosyo Loan program, introduces its newest financing facility that provides the easiest ways for entrepreneurs to access their credit line. The “Ka-Negosyo Credit Line” is a multi-purpose and multi-access stand-by loan facility that provides flexibility to ...

by Tania Bautista  | October 01, 2012 07:00:00
Startup Tips

Pitch perfect

A quick guide on how to convince investors to put money into your business idea

Every successful business begins with a good idea. But an entrepreneur with a good idea needs financial resources to make his idea become a reality. In these ever more competitive business times, the first step towards realizing a good business idea is ...

by Heidi Pascual  | February 12, 2012 09:00:00
Startup Tips

Finding the right angel investor for your business

Angels can help your business grow.

Even without capital, your business can take off with the help of investors who love what you are doing.More than spiritual guardians, angels in the business world can be the blessing you’re looking for to jumpstart your business.Referred to as angel investors, ...

by Entrepreneur Staff  | November 21, 2011 11:00:00
Startup Tips

What you need to know about borrowing money for your start-up

Do you need cash to start your business?

Are you setting up a new business? Or are you planning to expand your current business? Either way, you are likely to face some difficulties obtaining capital to finance it, especially during these times of economic uncertainty.Your possible sources of funding can ...

by Henry Ong  | September 23, 2011 02:00:00
Startup Tips

The basics of getting credit to start your business

One of the problems commonly faced by start-up entrepreneurs is looking for funds

One of the problems commonly faced by start-up entrepreneurs is looking for funds to either open or expand their business. The idea and the motivation are there but only the money to make it happen is lacking. Entrepreneurs can opt to borrow ...

by Entrepreneur Staff  | September 07, 2011 09:00:00
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
Startup Tips

What you need to know about the lower SSS rates

SSS is lowering interest rates for company and employee loans

The Social Security System (SSS) has announced that it will be cutting interest rates by as much as three percent for commercial and personal loans.The new rates, about 11.5 percent for commercial loans and 7.5 percent for personal loans depending on the ...

August 12, 2011 05:00:00