Articles Archive

RA 10693 Give Small Businesses Access to Microfinancing

In line with President Duterte’s efforts to improve the lives of the most marginalized sectors of Filipinos, the Department of Finance, headed by Sec. Carlos G. Dominguez III, recently signed the Implementing Rules and Regulations (IRR) of a new law providing them access to microfinance services and operations. With this, families once considered as “unbankable” loan

Checklist: Are You Ready to Start a Business

This assessment tool is designed to help you better understand your readiness for starting a small business. General Questions Do you think you are ready to start a business? Have you ever worked in a business similar to what you are planning to start? Would people that know you say you are well suited to

How to Compute and Price Your Product

Pricing is one of the most important factors you must consider in whatever business you plan to put up. The idea is not to price your product or service too high or too low. If your price is too high, not too many people will be able to afford your product or service. If it’s

Evaporative Cooling – The Clay Refrigerator

Food preservation is an important issue in the harsh climate regions. The heat and dust take their toll on precious crops. When you have a good harvest it is vital to keep produce in a market saleable condition. Most people living in rural areas and many living in urban areas for that matter cannot afford

Franchise Warnings and Avoiding Franchise Scams

If you are thinking about buying a franchise, there are many opportunities in a variety of industries that you may find suitable. However, like everything else in life, while searching for the right franchise for you to buy you need to be on the lookout for potential scams when buying a business. You will have

Financing Programs for SMEs

The growing number and significant role of micro, small and medium enterprises (MSMEs) in spurring national economic growth prompted the compilation and pulication of this handbook on Financing Programs for Micro, Small and Medium Enterprises. The implementation of micro financing and SME lending programs by various institutions is generally recognized as an essential tool in