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
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,
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
Every entrepreneur’s journey starts with finding ways to fund their small business. Sponsors can be individuals, groups, or financial institutions like banks. Small business funding is necessary for your business to stay afloat. It also acts as a safety net
