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Startup Tips

From housewife to millionaire: An Avon distributor shares her success story

This Avon distributor shares the story of her entrepreneurial journey. From a plain housewife who aimed to make ends meet, she emerged to become one of the successful consumer product distributors in the country.

You, too, can turn your entrepreneurial journey into a success story. Now is the right time to expand your business and open up more opportunities for growth. Let BDO find ways to help you.Visit this link to know more about BDO SME ...

by James Humarang  | November 12, 2014 03:00:00
Startup Tips

5 banks to approach for business loans

Look for funding for your new business idea.

While lending companies and cooperatives are more than willing to lend to good businesses,banks practically live to provide capital for enterprises big and small. Here are five banks you should consider approaching for loans:BDO Banco de Oro has a Small Business Loan ...

by Entrepreneur Staff  | May 14, 2013 09:00:00
Business Ideas

Getting funding for your startup

getting funding

It’s a great time to get a loan from banks big and small, as well as “money bodies” like cooperatives and microfinance institutions. Realizing the power (and quantity) of small and medium enterprises-not to mention the millions of people itching to start ...

by Jennifer Gulle  | August 31, 2012 01:00:00
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

Things you need to know before getting that bank loan

Bank loans are helpful when used prudently

There are both advantages and disadvantages in incurring borrowings so seek advice from your financial adviser before signing that bank loan agreementContrary to the common belief that banks only lend money to those who don’t need it, banks in practice do lend ...

by Henry Ong  | September 12, 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