Juan had a business idea. He followed all the necessary steps in starting a business and opened his store a few months after. Weeks passed by and he realized that he wasn’t making any profit – that for every P1,000 he spends; he only earns P900. Not wanting to continuously lose P100 until he bankrupts, [...]

It can happen unexpectedly – while taking a shower, while running on the treadmill, while driving around the city, and even while sleeping. Everyday, as we do our daily routine, it can hit us and *BAM!* A big business idea! When this happens, what do you do? Me, I’d usually talk about it with my [...]

Do you want to quit your job and start your own business? DON’T – because it should work the other way around. You should first try start your own business, then later on – quit your job. These and more are some of the advise I gave in today’s edition of Reader Mail. But before [...]

An important part of a well-managed business is an efficient inventory management system. However, not many start-up entrepreneurs know how to begin or properly handle this business task. It often receives less attention than activities like marketing, customer relations or personnel management. In some cases, it’s altogether ignored. Meanwhile, some managers who do understand it’s [...]

In business, it’s been said that “Cash is King”. Indeed, money in the bank helps regulate the business and provides immediate funds for unforeseen expenses. However, maintaining a smooth cash flow is not that easy; specially if your business is growing or trying to expand. If you don’t monitor your business cash flow, then you’re [...]

Hello everyone, I hope you’re all enjoying the holiday break as much as I am. I’ll be going back to my regular blogging schedule in a few days but for now, let me give you an interesting guest post about using credit cards when starting a business. In my previous article on the different ways [...]

I’ve already given you some flyer design tips and marketing strategies before and for today, I’d like to share with you a guest post that complements that article well. When you or your staff is out on the field giving out leaflets to passersby, how do you do it? Do you simply stretch out your [...]

Please read the first half of this post at Business Lessons From Ten Outstanding Entrepreneurs of 2010 Part 1. We now continue with the rest of the recipients of the Entrepreneur 10 Awards which was given last November 24, 2010 by Entrepreneur Magazine Philippines. I’ve already shared with you Myrna Bituin, Eduardo Cabantog, Carlos De [...]

A couple of weeks ago, I was able to attend the Entrepreneur 10 Awards – an annual event by Entrepreneur Magazine Philippines that honors ten small to medium-scale entrepreneurs who have been able to reach great heights in their field of business for the year. Held at the Grand Ballroom of the Hotel Inter Continental [...]

You’ve probably already heard the news that Mang Inansal was bought by Jollibee for P3 billion – not bad for a food business venture that started with only P800,000 capital back in 2003. When I asked my friends several weeks ago on what they thought about this news, most of them said that while they [...]