5 Wise Thoughts to Beef Up Your Small Business to Success | PawnHero

You probably come to wonder how these small entrepreneurs gone from nay to yay. But it’s really no secret when you ask them how they managed to climb the ladder of success. Every businessman can tell a tale of wise thoughts to guide you from a whiny start-up to a bad ass key player in the market.

Coming from a business-oriented culture, here are some good ole’ wise tips that you need to know to maximize the potentials of your small business and come through booming in no time.

1) Be the master of your own game.

Surely, it’s the number one rule when starting or having a small business, always do business that you, as the business owner or partner, know how to handle. A business where you lead in and a business which you love doing is the best business to do. For instance, if cooking or  baking is up in your alley, pretty sure the restaurant will be kicking in no time, and then you may hire people to assist you or contribute for you.

2) Create meaningful connections.

Everyone is your best friend when you’re a businessman, especially for a small and start-up business. You treat everyone your favorite customer and mostly the first few customers are people you know. Impress them and they refer to you more prospects. It is also a good idea to join organizations with like-minded businessmen and create a network to give you edge in the marketplace.

3) Know your market.

This is another factor to put your small business ahead of the a-game. Getting the right location, identifying the type of customers you are catering to, and filling up the void in their needs pave the way for a successful business.

4) Study your competition.

That’s the great thing about having a business here in the Philippines, it’s a free market and pure competition is always the lovechild of capitalism. It’s a really competitive market, and you have to offer something unique, so check out what’s cooking at the other side of the fence then figure out how you can stand out from the rest. There’s nothing really bad checking your competition out, after all, business is business.

5) Go where the people go.

As a small and fresh  business, reaching out to your market would be an ideal marketing strategy before even having people to go find you. There are so many ways to do such; you can either set-up an online presence, attend events that caters to young entrepreneurs where they connect to their potential clients such as getting your business to join business expos, and the like. It all boils down to creating awareness of your products and services.

Now whenever you’re starting a business or a beginner in the game, it’s nice to ponder on these thoughts and strategize your plans more effectively. So  any cash can come in handy to build those dreams into reality. If cash is the problem, no worries!  Pawnhero is the superman to your piggy bank. Just download the really cool and easy app or visit the PawnHero website and everything is just at the tip of fingertips. So go forth and start growing your business.

By : PawnHero

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About The Editor-In-Chief of Think Philippines!

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Edwardo Miguel Guevarra Roldan

  • Managing Partner at Princeton Business Initiative
  • Lead Convenor of Isang Samahan, Isang Pilipinas (ISIP) and Think Philippines!
  • Agency Manager at Fortune CARE Health Maintenance Organization (HMO)
  • Financial Investment Advisor at Rampver Strategic Advisors

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ZOOM : GOLD more attractive after ‘Brexit’ vote!

ZOOM : GOLD more attractive after ‘Brexit’ vote!

There are a lot of losers from Brexit. But there is one undeniable winner — gold.

The yellow metal was up again Monday following a nearly 5% surge Friday. Gold has now soared more than 25% this year and is trading at around $1,330 an ounce. That’s its highest level in more than two years.

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Gold often rallies in times of intense market turmoil. It hit an all-time high above $1,900 in 2011 when investors worried about the debate over the debt ceiling in the U.S. Congress and subsequent downgrade of America’s credit rating by Standard & Poor’s.

And with CNNMoney’s Fear and Greed Index once again hitting Fear levels in the wake of the United Kingdom’s decision to leave the European Union, it seems like gold could continue shine for the foreseeable future.

everal high-profile investors made bets on gold before the Brexit vote too.

George Soros bought gold miner Barrick Gold (ABX) in the first quarter and also acquired options that would give him the right to purchase the SPDR Gold (GLD) exchange-traded fund.

Investing gurus Stanley Druckenmiller, Ray Dalio and Jeff Gundlach have also been bullish on gold lately.

So can gold keep rallying?

The bull case for a new record high. Frank Holmes, chief investment officer of U.S. Global Investors, said he thinks gold could easily get back to $1,500.

He thinks gold is even more attractive following the Brexit vote because it has pushed interest rates around the world even lower.

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Deflation is now a bigger worry than inflation. Conservative investors are less likely to want a government bond in Germany with a negative interest rate or a U.S. 10-Year Treasury yielding only about 1.4% when they could buy gold instead, Holmes argues.

“Gold always goes up when there are negative interest rates,” he said.

David Beahm, president and CEO of Blanchard & Co., a precious metals investing firm, is even more bullish on gold. He thinks that the U.K.’s decision to leave the EU could lead to several more countries doing so.

Some are already calling for the Netherlands to follow the U.K. with a so-called Nexit. (Or is Hexit for Holland? Dexit for Dutch?) A wave of EU departures could push gold back above $1,900.

“Gold could test the highs of a few years ago due to the fears of all this uncertainty,” Beahm said. “The European Union may cease to exist.”

“Brexit may have been priced in already,” said Maxwell Gold — yes, that’s his real name — director of investment strategy with ETF Securities. The firm runs the Physical Swiss Gold ET, (SGOL) which now has more than $1 billion in assets.

Gold (the person) thinks gold (the metal) may be able to go up only another 5% or so to around $1,400. He added that there would need to be more demand for gold jewelry from China, India and other emerging markets for gold to really go higher.

Josh Crumb, co-founder and chief strategy officer of investment firm Goldmoney, isn’t sure gold can climb that much more either.

He also said that gold tends to historically move in tandem with oil prices — as well as interest rates. Crude has plunged in the past few days along with the broader market. If oil doesn’t reverse course, gold may soon head south as well.

“Gold correlates with energy very efficiently,” Crumb said. “Gold was clearly undervalued at $1,050 and it was clearly overvalued at $1,900.”

Brexit and the Philippine economy

April Lee-Tan, head of research of COL Financial, said fundamentally, Brexit should not have a significant direct impact on the Philippines.

“The UK is not part of the country’s top 10 export destinations—although the UK accounted for around $1.5 billion of our total OFW (overseas Filipino workers) remittances last year,” Tan said.

“The impact is more indirect as the uncertainty as to what would happen after a Brexit is causing people to switch to safe haven currencies—like US dollar, Japanese yen, Swiss franc—and safe haven financial products like sovereign bonds,” Tan said.

ING Bank Manila senior economist Joey Cuyegkeng said the UK decision might also affect Asia and the Philippines, as seen in the financial markets. “But major central banks and major governments are likely to moderate the impact of Brexit,” he said.

“We believe that the economy can withstand such external developments. Higher fiscal deficit spending focused on higher infrastructure spending and greater disposable incomes would likely keep Philippine economic growth in the area of 6-7 percent,” Cuyegkeng said.

SOURCE :

Telegraph News
CNN News
Team Think Philippines – Research

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About The Editor-In-Chief of Think Philippines!

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Edwardo Miguel Guevarra Roldan

  • Managing Partner at Princeton Business Initiative
  • Lead Convenor of Isang Samahan, Isang Pilipinas (ISIP) and Think Philippines!
  • Agency Manager at Fortune CARE Health Maintenance Organization (HMO)
  • Financial Investment Advisor at Rampver Strategic Advisors

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UP CLOSE! What is ‘Brexit’ by Think Philippines

UP CLOSE! What is ‘Brexit’ by Think Philippines

“BREXIT,” a combination of “Britain” and “exit,” is the nickname for the British exit from the European Union (EU) that was submitted to a referendum in the United Kingdom on Thursday.

In the referendum, voters were asked: “Should the United Kingdom remain a member of the European Union or leave the European Union?”

In a shocking close-run vote, the British public decided to leave the European Union. The “Leave” campaign won by 52 percent, beating the “Remain” campaign, which drew 48-percent voter support.

 

What is the case for leaving?

A lot is implied in one of the campaign’s slogans, “Take control.” Britain’s loss of full authority over its economic policies and regulations has so rankled many of the country’s citizens that it has spawned an entire genre of urban legends over the years, called “Euromyths.”

These stories usually feature some aspect of classically British culture that is supposedly under threat. One claimed that double-decker buses were to be banned, while another suggested that fish and chips would have to be written in Latin on menus. The subtext is barely subliminal at all: Gray-suited Brussels bureaucrats are the enemy of Britishness, a threat to Britain’s identity in all its deep-fried, double-decker glory.

Though Britain has accepted a small number of refugees relative to other European countries, British tabloids have implied the country is being overrun by an uncontrollable “swarm” or “tide” of foreigners. Labor migration, particularly from Eastern Europe, has often been painted as economically threatening.

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What will happen to Britain if it leaves?

Projections differ significantly over the precise economic effect, but there is a consensus that leaving would hurt Britain financially, at least in the short term.

Without access to the union’s open markets, Britain would probably lose trade and investment. And while the influx of migrant workers has created anxiety over British culture and identity, losing that labor force could lead to lower productivity, slower economic growth and decreased job opportunities, a study by Britain’s National Institute of Economic and Social Research found.

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A Brexit could also quickly spawn, err, a “Scexit.” Nicola Sturgeon, the first minister of Scotland, has said that if Britain votes to leave the European Union, she will hold a new referendum in which Scots could vote to exit Britain — and then rejoin the union as an independent nation.

Scotland’s voters rejected such a measure by nearly 10 points in 2014, but analysts say a Brexit could change that because the Scots overwhelmingly support European Union membership.

If Scotland were to leave, that could dramatically alter Britain’s political character, as Scotland’s members of Parliament lean to the left.

Brexit and the Philippine economy

April Lee-Tan, head of research of COL Financial, said fundamentally, Brexit should not have a significant direct impact on the Philippines.

“The UK is not part of the country’s top 10 export destinations—although the UK accounted for around $1.5 billion of our total OFW (overseas Filipino workers) remittances last year,” Tan said.

“The impact is more indirect as the uncertainty as to what would happen after a Brexit is causing people to switch to safe haven currencies—like US dollar, Japanese yen, Swiss franc—and safe haven financial products like sovereign bonds,” Tan said.

ING Bank Manila senior economist Joey Cuyegkeng said the UK decision might also affect Asia and the Philippines, as seen in the financial markets. “But major central banks and major governments are likely to moderate the impact of Brexit,” he said.

“We believe that the economy can withstand such external developments. Higher fiscal deficit spending focused on higher infrastructure spending and greater disposable incomes would likely keep Philippine economic growth in the area of 6-7 percent,” Cuyegkeng said.

SOURCE :

Telegraph News
Inquirer News
Team Think Philippines – Research


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About The Editor-In-Chief of Think Philippines!

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Edwardo Miguel Guevarra Roldan

  • Managing Partner at Princeton Business Initiative
  • Lead Convenor of Isang Samahan, Isang Pilipinas (ISIP) and Think Philippines!
  • Agency Manager at Fortune CARE Health Maintenance Organization (HMO)
  • Financial Investment Advisor at Rampver Strategic Advisors

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VIRAL : 19 year old student won the PHP 33M Mega Lotto Jackpot in the PH last Apr. 4!

VIRAL : 19 year old student won the PHP 33M Mega Lotto Jackpot in the PH last Apr. 4!
  • A 19-year-old college student has claimed the nearly P33-M Mega Lotto jackpot prize on Monday
  • The lucky winner said he got the winning combinations from birthdates of his family
  • He plans to buy a house and lot for his parents and start a business for himself
  • Despite the fortune, he will still pursue and complete his studies

MANILA, Philippines – A 19-year-old student has come forward to claim the nearly P33-M Mega Lotto jackpot prize on Monday, April 4.

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Philippine Charity Sweepstakes Office (PCSO) vice chairman and general manager Ferdinand Rojas II, told Inquirer the college student from Pasig City claimed the 6/45 lotto top prize amounting exactly to P32,940,388.

The unnamed man is the sole winner who picked the winning number combination 20-24-19-44-16-30 drawn last March 28.

The lucky winner told the PCSO official he got the winning combinations from the birthdates of his family. He bought 2 tickets for P40 and luckily won the jackpot. The winning combination was a standard bet, according to Rojas.

Rojas added the bettor has been playing lotto for over a year. The student bought the winning ticket from an outlet in Kapasigan Public Market in Pasig.

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Part of his winnings will be used in purchasing a property –  a house and lot – for his parents.

However, despite the huge windfall, the student said he will still pursue his studies to complete a degree. He plans to open a business but has not decided yet on what type he plans to invest on.

Meanwhile, 18 lucky bettors also won P50,000 for getting 5 out of 6 of the winning combinations, while 1,332 won the third prize of P550 each for correctly picking 4 of the 6 lucky numbers.

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Source  : Bandera, Manila Bulletin, Inquirer

Originally published by Kicker daily

 

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EDITOR-IN-CHIEF

1Edwardo Miguel Guevarra Roldan

  • Managing Partner at Princeton Business Initiative
  • Lead Convenor of Isang Samahan, Isang Pilipinas (ISIP) and Think Philippines!
  • Financial Investment Advisor at Rampver Strategic Advisors

(+63) 927 646 0088 WhatsApp/Viber/Philippine Mobile Number

edwardomiguelroldan@gmail.com

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Top 5 Filipino Companies That Will Inspire You To Start Your Own Business!

Top 5 Filipino Companies That Will Inspire You To Start Your Own Business!

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SM

This company owned by Henry Sy is one of the biggest companies in our country. This is a retail center where various brands of clothes, footwear, bags, accessories, toys, gadgets, and other types of products can be found.

The owner of this company has a very inspiring story, considering that he was born to a poor family in China. Many entrepreneurs were inspired by this man and, until now, most entrepreneurs know him.

His family originally had a sari-sari store, but it was burnt down and was looted in the midst of chaos before the war ends. Henry Sy stayed in the country to start a new business while his father headed back to China. He didn’t lost hope despite the pain and hardship brought by the war.

Today, SM is one of the multibillion-dollar businesses and is very popular all around the world. This proves that perseverance, efforts, and passion are few of the most important traits that you must have to be successful.

Meralco

Meralco is a well-known electric company here in the Philippines, and it is the largest distributor of electrical power. It holds the distribution franchise of 22 cities and 89 municipalities. Moreover, MERALCO stands for Manila Electric Railroad and Light Company, which is also their original name until 1919.

Though it may look like a tough company, it also has experienced lots of troubles and hardships before it has achieved its place today. Back then, this company is providing mass public transportation with electric street cars, but unfortunately, it was destroyed beyond rehabilitation during World War II.

Other than that, there are also other hardships. Nowadays, Meralco has earned its rightful place and is now the biggest electric distributor in the Philippines.

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Ayala Corporation

Ayala Corporation is one of the biggest and well-known companies here in the Philippines founded by Casa Roxas and Antonio de Ayala.

Ayala Corporation owns one of the country’s largest banks, Bank of the Philippine Islands. They also own one of the country’s top telecommunication networks, Globe Telecom.

In addition, they own one of the country’s leading real estate developer, Ayala Land. Other businesses of the Ayalas include Manila Water Company; Microelectronics, Inc., and Integreon.

 

Jollibee

Jollibee is one of the most popular food chain here in the Philippines with more than 2,500 stores worldwide.
Jollibee started only as an ice cream parlor but the owner had a dream and wanted more. Tony Tan, the founder, traveled to United States to study how the market works for food chains. Instead of franchising other food chains, he expanded his own hamburger-serving fast food named Jollibee. Today, the business is still going strong and is still one of the most well-known fast food chains in the Philippines.

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National Book Store, Inc.

National Book Store (NBS) currently has 128 branches all over the Philippines.This number proves that this business is successful. They are widely known especially to students since most of the things that they provide are of their necessity.

What’s good in this company is the story before it came to riches. The person behind the success of NBS is Socorro Cancio-Ramos, a woman who started as a saleslady in another bookstore. When she got married, her family has put up the NBS in Manila.

However, selling books is not very popular during World War II so she decided to sell something other than books. Fortunately, all their stocks were sold during the American era and they have continued to build a small tent to continue their business.

 

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Source :

Wikipedia
Google Images
Tycoon.ph

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EDITOR-IN-CHIEF

1Edwardo Miguel Guevarra Roldan

  • Managing Partner at Princeton Business Initiative
  • Lead Convenor of Isang Samahan, Isang Pilipinas (ISIP) and Think Philippines!
  • Financial Investment Advisor at Rampver Strategic Advisors

(+63) 927 646 0088 WhatsApp/Viber/Philippine Mobile Number

edwardomiguelroldan@gmail.com

http://www.fb.com/ThinkPhilippinesBlog

Note :

To post articles here at Think Philippines, you may email it to: isangsamahanisangpilipinas@gmail.com or by simply commenting it on the field provided below.

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Grab,Uber Philippines Apps Are Better Than Comelec’s 5B Voting Machines | Think Philippines!

Grab,Uber Philippines Apps Are Better Than Comelec’s 5B Voting Machines | Think Philippines!

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Mabuhay Filipino Thinkers!

Allow us to write this Political Opinion-Editorial in Filipino-English format to grant the request by the majority our followers. We also commit to find a way in publishing online articles in Ilonggo, Kapampangan and Ilocano in the coming months ahead.

Recently, Dick Gordon and Bagumbayan Volunteers for a New Philippines (BVNP)’s Petition for Mandamus was granted by the Supreme Court however at this moment,still the COMELEC is not giving up on appealing before the SC to repeal the implementation of the Voter’s Receipt as part of the verification and security feature of our Vote Counting Machine/Formerly known as PCOS machines.

However,  like you, we also share the same questions inside our minds :

1. Bakit nga ba ayaw hayaan ng COMELEC na nangangasiwa ng ating malawakang halalan na magka resibo at kakayahan ang taumbayan na magkaroon ng kasiguradohan na ang ating mga boto ay hindi lamang nabasa kundi na bilang ng tama?

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(C) GOOGLE IMAGES

2. Kung ang simpleng transaction natin sa pagsakay at pag gamit ng TNVS/Car sharing apps kagaya ng Uber at Grab ay merong online receipt at pinapadala pa sa ating email bakit ang PHP 5,000,000,000 (5B) worth of voting machines natin na pinagyayabang nila na high-tech ay hindi nila magawan ng paraan na mag labas ng resibo at pilit nilang hinaharangan? Pwede ba natin masabi na ang ating COMELEC na limpak-limpak ang budget ay isang palpak at mas matino at maayos pa ang isang startup/naguumpisang negosyo na Uber at Grab sa pagbigay halaga at importansya sa seguridad at integridad ng transaksyon nila sa mga tao?

NOTE : This kind of receipt by Uber Philippines will be sent to your email in less than 1 minute after arriving at your destination and paying your driver.

12499598_1740419769331565_439451297_o
UBER RECEIPT IN THE PHILIPPINES

3. Bakit pilit na ikinakatakot ng COMELEC na tumagal ang halalan ng additional na 20 hours kung meron tayong resibo para sa kada botante kung ito naman ay makakapanigurado na tayo ay may kapasidad na beripikahin kung ang boto natin ay tama at nabilang.

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(C) Dick Gordon’s Facebook page

Bilang isang malaya at nagiisip na modernisadong Pilipino malamang ito na ang panahon upang suportahan natin ang isang tao kagaya ni Dick Gordon na ipaglaban ang karapatan natin na magkaroon ng access sa isang verification mechanism kagaya ng voter’s receipt. H’wag natin hayaan na ang COMELEC ay patuloy tayo na linlalingin at mag wagi na naman ang mga taong may pansiriling interest at “allegedly” may capacity to electronically rig the counting process of our voting machines/pcos.

We, Filipinos deserve to be heard and be empowered to verify if our votes were truly counted.

Let us stand up and fight the oppressive and backward thinking of Comelec!

***

IMPORTANT UPDATE

12647653_10205148012651681_1049729144_n
MARCH 17, 2016 – 9:00 AM AT SUPREME COURT, PADRE FAURA, ERMITA, CITY OF MANILA


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About The Editor-In-Chief of Think Philippines!

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Edwardo Miguel Guevarra Roldan

  • Managing Partner at Princeton Business Initiative
  • Lead Convenor of Isang Samahan, Isang Pilipinas (ISIP) and Think Philippines!
  • Agency Manager at Fortune CARE Health Maintenance Organization (HMO)
  • Financial Investment Advisor at Rampver Strategic Advisors

(+63) 927 646 0088 WhatsApp/Viber/Philippine Mobile Number

edwardomiguelroldan@gmail.com

http://www.fb.com/ThinkPhilippinesBlog

Note :

To post articles here at Think Philippines, you may email it to: isangsamahanisangpilipinas@gmail.com or by simply commenting it on the field provided below.

Thank you for supporting us.

 

What are My Other Capital Options for Growing my Business?

What are My Other Capital Options for Growing my Business?

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Capital is the lifeblood of any business venture. If you are planning to expand your business, you will need capital and one of the most common options is a bank business loan. However, there are alternatives that you can explore, such as:

Friends and Family

They are easily the first people that you can turn to if you need additional funding. Inviting them to invest in your company is a practical option to traditional forms of financing. It has its advantages including minimal (or none at all) interest payments and avoiding the hassle of bank contracts.

Approach them with a solid business plan and maintain constant communication with them regarding the progress of the business. This maintains the trust and relationship you have.  With the understanding that their money may not be returned because, in most cases, they are investing in YOU, not your business. Commonly, this kind of capital acquisition does not have any strings attached, but when your business succeeds, a reward to your “investors” would be a good gesture.


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Crowd Funding

This involves raising funds from a large number of people. These days, it is commonly done online. Depending on the terms you’ll set, funds can either be considered as donations, loans, or investments. Your “backers” contribute a fixed amount to the business for which they will receive a reward. Crowd funding has fewer restrictions compared to bank loans and is ideal for a business that is in its early stages or if you don’t qualify for a bank loan.

Angel Investors

Usually, angel investors include affluent individuals or groups. Unlike pooling funds from family or friends without any strings attached, angel funders (as angel investors are commonly called) provide capital in exchange for convertible debt or ownership equity. Tapping the right investor has got to do with proper timing and leveraging the right contacts. They do their due diligence on your business and if it meets their requirements, they will schedule a meeting to get to know you and your business more.

Micro Loans

These are small loans given to entrepreneurs who have little to almost no collateral. Often, it has restrictions on what you can spend your money on—either working capital, equipment, or operation costs. Interest rates vary depending on the size and duration of the loan. Most micro-lenders require their borrowers to undergo business training and planning seminars before releasing the loan.

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Business Loans from Lending Companies

Businesses that do not qualify for a bank loan can try a lending company that specializes in small business loans. Oftentimes, these companies have fewer requirements and release funds faster compared to banks. Moreover, lending companies may have shorter payment terms.

In Summary:

Aside from a bank loan, there are other ways to acquire business capital. You just need to figure out which alternative will work best for your business. Consider the pros and cons of each option carefully so that you can optimize your choice.

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EDITOR-IN-CHIEF

1Edwardo Miguel Guevarra Roldan

  • Managing Partner at Princeton Business Initiative
  • Lead Convenor of Isang Samahan, Isang Pilipinas (ISIP) and Think Philippines!
  • Agency Manager at Fortune CARE Health Maintenance Organization (HMO)
  • Financial Investment Advisor at Rampver Strategic Advisors

(+63) 927 646 0088 WhatsApp/Viber/Philippine Mobile Number

edwardomiguelroldan@gmail.com

http://www.fb.com/ThinkPhilippinesBlog

Note :

To post articles here at Think Philippines, you may email it to: isangsamahanisangpilipinas@gmail.com or by simply commenting it on the field provided below.

Thank you for supporting us.