Real Estate Brokers vs Loan Consultants: What Do They Do?
Jun 16, 2023 | BLOG
For starting business owners, navigating the overwhelming world of finance can be challenging. As such, you should understand the roles of professionals who can assist you in achieving your business’ financial goals. To help grow your business, you’ll most likely lean on taking out a loan to fund the operational expenses you need. However, it’s […]
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6 Reasons Why Small Businesses Fail and How to Prevent It
Jun 14, 2023 | BLOG
According to the Asian Development Bank, there were around 1,076,000 micro, small, and medium enterprises (MSMEs) in the Philippines in 2021. It’s no surprise, given that 81% of Filipinos feel encouraged to start their own business. However, the reality is that one in five small businesses (20%) fails within their first year of opening. This […]
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Growing a Business as a Loan Consultant: What to Expect
Jan 30, 2023 | BLOG
If you’re a loan consultant and want to build your own consultancy business, you have numerous opportunities. You just have to know how to navigate the industry. The first step is to find a niche to specialize in. Next, start networking with other professionals in this area. This strategy will help you find clients who […]
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Alternative Financing Options for Small Businesses in the Philippines
Jan 28, 2023 | BLOG
Loans are integral to industry development in the Philippines, helping entrepreneurs and business owners grow and reach success. However, for small to medium enterprises (SMEs), financing is another barrier they must overcome. Most traditional banks tend to have rigid requirements, which makes applications difficult for some SMEs. This challenge significantly affects the Philippine market since […]
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How to Improve Cash Flow in Small Business: 4 Effective Tips
Jan 26, 2023 | BLOG
You’re practicing cash flow management when you track, evaluate, and maximize the difference between cash receipts and cash outlays. Cash flow is the net amount of cash and cash equivalents coming and going out of a business. Money spent and money received reflect inflows and outflows, respectively. In a business, proper cash flow management is […]
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