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MANAGING CASH FLOW FOR SMALL BUSINESSES-Accounts Receivable 6 Jan 2008 | 03:52 am
The success of a small business greatly depends on efficient cash flow management. When I talk about cash flow here, I am referring to the movement of cash from the collections to the payments and th...
Handling Cash Expenses 4 Jan 2008 | 09:37 pm
My friend is complaining that he can not organize his receipts and monitor his expenses especially those which were not paid thru check--little expenses that when summed up together will make a dent o...
Reasons why small businesses fail Part 1 4 Jan 2008 | 05:38 pm
Sub-title: Why my mother was not cut-out for business. My mother was a lousy businesswoman. She was more of philanthropic, "sobrang honest" and "sobrang pakikisama" type of "trying hard entrepreneur"...
Understanding Cash Flow Part 3 29 Dec 2007 | 11:21 pm
Sources of cash flow: The major source of cash comes from the customers or clients. Either they are paid in cash/checks/or by credit cards. Some sales are on account which are known as *accounts rece...
Understanding Cash Flow Part 2 28 Dec 2007 | 10:48 pm
Many people equate cash flow with profit. This is not so. Profit is the accounting term for the difference between the revenues and the expenses. Expenses are not necessarily cash and revenues may not...
Understanding Cash Flow Part 1 26 Dec 2007 | 10:01 pm
Cash in the Bank When I was working as an accountant, my boss asked me why we don't have cash in the bank while the business seems profitable. He did not know that cash flow is different from profit...
Reasons why small businesses fail 4 7 Nov 2007 | 05:01 am
Having been in business and a business consultant myself, I feel that publishing the small businesses that an OFW may engage into is not enough. The manuals and the articles do not discuss the whole s...
Ogie Alcasid-Foodcart Magnate 7 Nov 2007 | 12:05 am
Oggie's Foodcart business is the usual hotdog stand. Named OGIE DOGGIE, he opened his first cart in Global City last September,another one at the Ali Mall and at the SM Southmall in Alabang. He put a...
Hapinoy Store Program 6 Nov 2007 | 05:41 am
The easiest business to put up is a sari-sari store; the difficulty is maintaining it. Good news is there is a new project in town called Hapinoy Store program. The target participants are the SAHMs...
Reasons why small businesses fail part 3 5 Nov 2007 | 05:53 am
This is the continuation of the discussion of causes of failure of businesses put up by OFW/OF. 2. Poor inventory management This pertains to businesses that stock inventories. Even service businesse...
