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Category Archive 'Financing your business'
12.05.08

Should you stay in the game when the business is losing?

- Financing your business, business strategies, mentoring, setting up your business -

AT THE DANGWA Flower Market, some 50-plus vendors sell an array of fresh cut flowers 24 hours a day, 7 days a week. This market has been there for more than 30 years. Retail buyers and those with floral businesses flock to this market for their floral needs.

Jay Domingo and his wife Gina run a branch of Pat’s Flowers & Supplies in Dangwa. The main outlet located in Quiapo was put up by Gina’s grandmother in the early ‘70s. It still exists today.

As the name suggests, Pat’s Flowers & Supplies does more than just provide flowers: They also make available to flower shops the supplies they need, from pots, ribbons, and other tools of the trade.

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07.05.08

(UPDATE) How to raise funds for a cause

- Financing your business, business strategies, mentoring -

UPDATE: Editor’s note: Added video taken by INQUIRER.net business editor Ma. Salve Duplito.

DELILAH GALANG is a retiree with a mission. Having seen how cancer can take away the lives of people dear to her, she has, since 2000, embarked on a personal mission to offer Filipinos an alternative way to treat and care for cancer patients.

This alternative way is the Gerson therapy introduced by the German physician Max Gerson in the 1920s. Gerson therapy is an all-natural non-toxic treatment program using organic foods, juices, coffee enemas, detoxification and natural supplements. Dr. Gerson founded the Gerson Institute based in San Diego, California to spread the word about Gerson therapy and to train caregivers to administer the therapy program.

How she got into Gerson therapy is interesting. Delilah’s nephew was just six years old when he was diagnosed with advanced non-Hodgkin’s lymphoma. Doctors gave him only a 25-percent chance of survival. He was having chemotherapy every three weeks.

[Read the rest of this entry »]

03.04.08

(UPDATE) Why women are wired for entrepreneurship

- Financing your business, leadership in business, mentoring, success stories, women -

UPDATE: Editor’s note: Added video taken by INQUIRER.net business editor Ma. Salve Duplito.

Attention to detail, ability to multi-task, tendency to think hard – many times – before taking a big leap, and that thing called women’s intuition. These things have allowed Filipinas for many decades to excel in entrepreneurship.

With the changes of the times, women have become more outspoken, assertive and confident. They are more vocal and visible, proving all the more that in the coming years more and more women will be entering the world of business.

The Good News Kapihan yesterday in Makati City was bustling with women power. The speakers themselves were the statement.

In this video, Elizabeth Lee (left), executive vice president of Universal Motors Corp. and president of the Chamber of Automotive Manufacturers of the Philippines, and Ma. Aurora Geotina-Garcia, chairman and president of CibaCapital, explain why more women are going into and becoming successful in entrepreneurship.

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08.02.08

Small business loans at lower interest

- Financing your business -

This article is too important to miss for those who are planning on starting a business or thinking of expanding an existing one. But don’t forget, this is still in the works:

MANILA, Philippines — President Gloria Macapagal-Arroyo has ordered a study on the feasibility of cutting interest rates on government loans to micro, small and medium-scale enterprises (MSMEs), an official said Thursday.

Presidential Management Staff Cerge Remonde said that he had asked officials involved in lending to MSMEs to do the study after the President issued the directive.

[Read the rest of this entry »]

17.01.08

Full-time employment, part-time entrepreneur

- Financing your business, business strategies, success stories -

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How hard is to be a full-time employee with a business on the side? For many of us, it will not be practical to leave our full-time employment and depend totally on our small business.

This single mom found that it was very tough, yet she succeeded due to hard work, persistence and because she had another quality that is so important to entrepreneurs – the ability to find help when the going gets tough.

Of the many entrepreneurs I interview, I notice that a common trait is the ability to network and find the person who can provide the needed help at the right time. This is especially important for those whose time is divided between a full time employment and a part-time business.

[Read the rest of this entry »]

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