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Business Ideas

An Online Accounting Service for as Low as Php250 a Month? PH Software Maker Shows How It’s Done

Hilsoft gives customers the option to pay for the entire package or only components they need

Unlike large businesses with accounting departments, keeping track of daily sales and transactions can be a burden for micro and small business entrepreneurs in the Philippines. More often than not, these startups treat proper accounting work as an afterthought, observed SGV and ...

by Elyssa Christine Lopez  | October 02, 2017 11:00:00
Startup Tips

Financial Adviser: 5 Bookkeeping Mistakes All Startups Must Avoid

The bookkeeping process is critical to the success of the financial report, and the entire business

Q: I  started a business six months ago. I handle the bookkeeping tasks of the business by using an online accounting software. While I find the encoding manageable, I am not sure if I am doing the right thing since I am ...

by Henry Ong  | January 17, 2017 11:00:00
Run & Grow

Cash management tricks to save your business from risks

Keep those receipts and keep your hands off your company’s money

Pop quiz: Do you keep your personal money separate from your business? Do you keep receipts when you meet a client over a meal? Do you keep a careful record of all your numbers?If you say no to all three questions, then ...

by Mari-An C. Santos  | August 11, 2016 07:00:00
Run & Grow

How this soccer lover proved her worth in business

(UPDATED) It wasn’t that easy for Amanda Fernandez to build her own biz, despite her pedigree. But the tough love from her dad was worth it.

(UPDATED) Growing up, Amanda Fernandez had always loved soccer, having played in her school’s varsity teams in her formative years. But she had to give up the sport when she flew to the US for her undergraduate studies.“When I studied Business Economics ...

by Elyssa Christine Lopez  | June 19, 2016 11:00:00
Startup Tips

Financial Adviser: Put internal controls in the business

Hiring people with integrity may be the first step to fighting irregularities.

Q:  I have invested in a business startup recently together with my friends from college. One of our partners is taking full time in managing the business while the rest are passive investors. While I trust my partner in running the business ...

by Henry Ong  | February 16, 2016 09:00:00
Startup Tips

Mindfulness and minding your own business

You can become a better manager by first managing yourself. Begin by observing Mindfulness.

by Fr. Xavier Alpasa, S.J.  | November 13, 2014 01:00:00
Startup Tips

How to get a POS terminal

There are requirements from the BIR

The first step in applying for a POS is to get in touch with the BIR Revenue District Office that has jurisdiction over your main business. Accomplish the so-called BIR Form 1907, or Application for Permit to Use Cash Register Machine/Point of ...

by Entrepreneur Staff  | November 04, 2011 11:00:00
Business Ideas

Should you get a point-of-sale terminal?

It can actually help you run your business

One way to make things easier for any business is to put up a point-of-sale (POS) terminal, which is basically a computerized replacement for a cash register. The POS, a system put in place by the Bureau of Internal Revenue (BIR), is ...

by Entrepreneur Staff  | October 25, 2011 03:00:00