Business Tips

The use of credit cards and other automated payment systems that allow the customer to conveniently make purchases on credit makes it much easier to sell your goods and services ...

All businesses, whether sole proprietorships, partnerships or corporations, must pay attention to bookkeeping because it is an indicator of a company’s financial health and profitability. Bookkeeping errors could spell doom, ...

In business, you may encounter problematic situations where you would need help from outsiders to provide you an effective solution. Do you feel that your business could perform better but ...

Question: I’m borrowing money from my sister-in-law to increase my capital. What’s a fair interest rate when I repay my loan, which at the same time will not be too ...

Financial expert Henry Ong tells us that sometimes, there is a need to adjust our annual budget to expand our market. Question: When business is booming, is it prudent to ...

All entrepreneurs and businessmen handle salary increase requests. Expert Henry Ong gives us some tips in handling them: Question: Can you give me tips on handling employees’ or workers’ request ...

Q: What company expenses can we save on that will have a large impact on our cash flow and profits, but will have little impact on our products or services? ...

Let’s say the loan amount is P2 million, requiring a monthly amortization of P187,000. If the new store produces a monthly average income of only P90,000, you would have a ...

A successful entrepreneur with a good business concept may consistently register record sales and profits, but he or she can go bankrupt because of cash flow problems. Indeed, managing cash ...

Payroll is the system where employers work out their employees’ salaries to make correct deductions from their pay. But it’s not as simple as writing a check every two weeks ...