Are You Ready? 4 Things To Consider Before Starting A Small Business

Having a small business is what almost every Filipino, maybe every person, wants to attain in order to gain financial stability and freedom. A business for many means having a reliable source of income while also, having enough time for other important things in his life.

This sounds so ideal but is not an impossible thing as many others have already proven and continue to prove.


But before making that BIG step into being an entrepreneur and being your own boss, there are 4 things you need to take into account.

  1. Capital. Of course, money is the primary tool needed to start any kind of business whether big or small.  It's the main fuel of a business. All business operations won't come to life without money. So, evaluate your financial standing and see if you have enough capital for the business you have in mind. It's best to look into your personal savings or other liquid assets before considering getting a loan, not just from banks or other financial institutions like cooperatives, but also from family and friends. But the good news is, there are small businesses which don't need tens or hundreds of thousands of money to start up.
  2. Location. This business factor is still governed by the money you have. Many businessmen say that 'location is everything in a business' so make sure to find a good location which you can afford. Another good news is that some types of small businesses can be placed online or at your own home. So this would somehow cut 'location' as an expense for your business.
  3. Plan. In planning your business, it's recommended to have a Plan A and a Plan B. Plan A would include how to start-up, how to market, how to manage, and if all goes well, how to expand your business. Plan B would be all about how to get back on your feet if you don't get that ROI or Return of Investment that you were working so hard for. Plan B should also involve having back up funds so you can still support yourself as you raise your chin up again.
Keep in mind it's definition ~ A business is an investment; And an investment is a risk. 
          So there are no guarantees.

    4.  And are you ready, emotionally and psychologically? Venturing into a business requires an optimistic   outlook partnered with a patient heart. Businesses are not get-rich quick schemes. Time and proper management define when it will bear profit.

So again, are you ready to dive into the business of small business?

I'd love to hear your thoughts, do share it below :)

Are you wishing or already planning to start your own business? PSB may be able to help. Kindly subscribe to Pinoy Small Business  to have firsthand information of new posts.

Enter your email address for your free PSB subscription:

Blogging: Finding A Niche

After attending the First Baguio Blog Conference and receiving a free voucher for a one year web hosting service, I gave more thought on what particular niche should I really focus on here in my blog or on the new blog, if I would take advantage of the free voucher that is...

Then today, a Facebook page which I liked posted this link to a video tackling how to address things if we have a lot of interests.

If you are having a dilemma similar to my thoughts right now, you might find this particularly helpful.

I especially liked it when Natasha St. Michael pointed out that we need to allow ourselves to grow and do new things, that things need not be perfect right away. This way we will eventually find out for ourselves if we can keep on pursuing that interest or not, just like children :)

This reminded me of when and how I started out to venture into freelancing until I got the courage to become a full-time freelancer.

I still have some fears and doubts, if I venture into another level of blogging pointed out at the conference, but baby steps, maybe, is all that I need to take me where I wish to be.

Enjoy the video!

World Food Expo 'Happening Now' in Baguio City

The World Food Expo has just opened this morning at the Baguio Convention Center. It's open to the public until Saturday, May 26, 2012.


Its theme for this year is centered on hotels, restaurants and caterings and still showcases different areas of the food industry.

There are many suppliers of food manufacturing and equipment as well as raw materials for food processing and baking. The International School for Culinary Arts even has a booth of their own :)

The whole event and seminars which will be held this day until Saturday are all for free so make sure to stop by, if you're in Baguio so you would not miss it. Seminar topics range from simple product demos, food processing and preparation, gourmet cooking to workshops on how to start up your own restaurant. Chef Mike Crisologo will also share his tasty knowledge and expertise on Friday.


However....the best part for me are the free taste samples which is available on almost every booth :D

Kidding aside, I got several business ideas just by roaming around the whole expo. So, do take some time to visit it and who knows, you may get a spark for an idea for your own future business too.

More pics below....

baking and packing supplies

sweet tarts for my sweet tooth :)

Chocolate fountain...yummy!!!

Nice machine for making pastries

I didn't know there were colored 'besutos' until I saw this booth

thinking..thinking...

Elizabeth Fantasy Resort - Weekend With Friends

Some friends invited us for a get-together last Sunday to a new resort here in Baguio. Yes, there are resorts and swimming pools here despite the cold climate and the resort we went to, Elizabeth's Fantasy Resort is among the newest in the City.


Elizabeth's Fantasy Resort is along Naguilian Road, the route going to La Union province.

The entrance fee is very cheap at around $2 per person and almost $1 for the kids. I'm not sure how much the cottages cost because one of my friends reserved it for our whole group but it must only be around $12 per cottage.


It's a simple resort with 2 pools, one for adults (4 to 6 ft deep) and the other for children (3 1/2 to 4ft deep) but the three big slides on the adult pool adds thrill to the whole area.

It also offers a small cafe which has free wifi inside.




Another good thing my friends and I found at the resort was the free videoke. Yes, it's free so my friends sang their hearts out until they almost lost their voices.



The water was cold though. It could have been because of the cloudy weather that day accompanied by some drizzle. That's the only thing they lack compared to the other Baguio resorts, the hot springs pool.

The water in the shower rooms were colder. It has been a long time since I've bathed in cold water so I was shivering after that. But the kids of my friends did not seem to mind...hmmmm, kids, they just really like swimming whether the water is warm or cold :)


My kids would have enjoyed swimming in Elizabeth's Fantasy Resort too but they're still having their vacation in Manila. Maybe next year, we'll go back there as a family.


But my husband and I surely had a good time ^_^

The First Baguio Blog Conference

Baguio was privileged to house top Manila bloggers last May 19 for the First Baguio Blog Conference. Thanks to the efforts of Vince Amor of Lakbay Baguio, as well as the University of Baguio College of Information Technology, this event successfully pushed through and allowed Cordillera especially Baguio-based bloggers and would-be bloggers to learn more insights on what the blogosphere is all about.

This first and hopefully not the last blog conference in the Summer Capital of the Philippines also served as a motivating factor for students and young professionals to join the blogging industry or for those who already have their own blogs, to continue patiently and see the other fruits they can gain from speaking their voices through their blogs.

I learned of this event from a thoughtful friend, who was a fellow mommy blogger.

I registered right away as soon as I learned about it since there was a limit of only 150 participants.

The whole conference lasted from 8 AM to 6 PM. It was a long day.

But it was also an enriching experience.

The speakers and the topics they spoke about were the following:

  1. Janette Toral of Influential Blogger. She talked about why blogging and social media is important and how these channels influence and will continuously influence netizens and how people view the world. She was truly awesome.It was so great that she's the first speaker of the event because she gave inspiration to newbie bloggers to continue and just be patient in blogging because eventually harvest time of the fruits of labor will come. Then we can also share these fruits to rising bloggers too. Just like what happened to her.
  2. Florencio Jusay Jr. or FPJ for short of Manual To Lyf. He tackled how we can view blogging as an adventure to make it more fun and exciting. He also shared some trade secrets to finance travel blogs and to make blogs stand out from the rest.
  3. The next speaker, Joven Chico of Travex Travels, is the youngest of them all. He's still a civil engineer student at Saint Louis University, also here in Baguio City. What makes him exceptional is how he developed an advocacy for the environment after he started blogging. He added tips on how to make travelling a less expensive venture especially for students like himself.
  4. Food blogger, Anne Fallarme of Milk, Cereals, and Chips, also shared how she became a food blogger after winning a one year free web hosting  voucher from Solidhosting.ph, which is one of our prestigious sponsors :) 
  5. Next up was Dean Cuanso of Watwatworld. Like Janette Toral, he started with blogging then eventually became a blog enterpreneur. He gave insights on how to monetize blogs, which caught much attention from us, audiences. However, like all the bloggers pointed out, blogging is not all about the money. Some rewards are not material like recognition which sometimes is more important and more motivating than dollars or pesos for that matter.
  6. Events blogging was highlighted in the talk of Antonio Carranza, Jr of Pusang Kalye. His blog is a photoblog showcasing his travels and the events he's gone to. he stressed on events blogging because there's not a big number of bloggers who feature events. But more so, he advised bloggers on how to cover events in a candid yet still professional manner.
  7. Personal branding and social media marketing how to's were discussed by Azrael Coladilla of Azrael's Merryland. Azrael talked about how bloggers can utilize social media not only to promote their blogs but also to share and influence their readers. After all, social media is a big part of almost everyone's lives right now and it's most likely, here to stay.
  8. The last speaker and the one I've been waiting for the most was Fitz Villafuerte of Ready To Be Rich. I'm an avid reader of his blog and actually, when I saw on the site of the First Baguio Blog Conference that he's one of the speakers, I told myself I will NOT miss this event. Plus his talk is about how to generate blog traffic!...which I'm so interested in, so how could I dare miss it?!
The speakers and organizers of this event

Azrael Coladilla hanging around during break time

Me with Janette Toral :)

Dean Cuanso and Janette Toral

Fitz Villafuerte with his talk ' Blog Traffic Generation 102 '

Thank you Cordillera Bloggers for bringing this event to us here in the mountains. It was so fun, educational and inspiring. We had a lot of laughs :)

I'll definitely look forward to the next one! Who wouldn't, especially with all the freebies and encouragement from their sponsors like SMART, Azalea Hotels, Unilab, Solid Hosting.Ph and SUN Cellular ;)



*Photo credits to me :)

Missing Alabang, Manila and Being Greek

During times like this wherein I'm usually home alone for the most part of the day, I miss being in Manila where my family, relatives and most of my friends live. Manila is a lively city where many convenient places are easily accessible. It's a bustling city streaming with things to do 24/7.

One of my favorite places there is The Alabang Town Center. This Ayala-owned mall houses a cinema and a lot of clothes and shoe shops of quality, top brands. But what I really love about the place is the wide variety of restaurants it has.

The Cyma Restaurant located at the 2nd level of the mall brings recent good memories back. My former call center colleagues and long-time friends chose this restaurant when we had our get-together last December 2011. It was my first time to eat at a Greek restaurant and to eat Greek food. Good thing my husband came with me to meet them, so he had a taste of it too!




The foods were really new to my taste but everything was yuuuummmmyyyy, especially this platter!



We never thought the salad would make us feel full within minutes that my husband and I almost did not finish our Chicken Gyro, tsk, tsk tsk...

Take a look at their menu for yourself here and let your mouth water...
Oh my Cyma! You are just making me even more decided to do what I can to be able to visit Greece...ASAP!hehehe...

But kidding aside, I'm sure you have also tried a different kind of restaurant in Manila, maybe even more than one. The not-so-usual Filipino, Chinese or American fast food type.

Where is it?

.....And has it inspired you to go to its place of origin like me? :)


*Photo credits go to Manolito Bulan, one of my friends....thanks lep!

Our Vigan - Pagudpud Tour Part 2

Though we still wanted to go to the Blue Lagoon Beach after breakfast, the winds were really not subsiding at all, so our group decided to just continue with our tour that early morning.

First, we stopped over at the welcome arc of the province and took some pictures. We can only take photos at the side of the highway because many vehicles were passing by which just shows the amount of tourists visiting the region at that time of the year.



Then we headed to Laoag City where we had lunch at Java Hotel's Eagle's Nest Bar and Restaurant.

On the way there, we bought sukang Iloco (Iloco vinegar) and the native garlics sold on the sides of the highway by local vendors. I love the vinegar most of all, yum!

After our scrumptious yet affordable meal, we started with our educational field trip for the kids. We went to see Museo Ilocos Norte...









Malacanang of the North or the old house of the former President of the Philippines Ferdinand E. Marcos and his family...






 Marcos Museum and the Mausoleum of Ferdinand E. Marcos.




but take note:



There were entrance fees for these places ranging from $0.50 to $2.00 per person but it was worth it because the children learned a lot. They even pointed out some items they already learned in school. Way to go kids :)

Vigan was our last stop. All of us were anticipating this especially the children because of their "kalesa" ride. And as for us, the adults, we already want to buy the famous "Bagnet" or deep fried pork meat and the Vigan longganisa or Filipino sausage.

Vigan is known for its long streets where old Spanish style homes still exist. We walked along Calle Crisologo   which is like going back in time.




This was also where we bought the "Bagnet" and  Vigan longganisa. It was a good buy. The children and I tasted the local organic candy known as "balikutsa." It's made from coconut cream and sugar. It's hard at first but then it easily melts in the mouth.



And finally, the most awaited "Kalesa" ride wame. The children were both excited and nervous to see the tall white horse named Ferrari. That one-way ride was for about $1. Two-way was about $2.50.





The walk in one of Vigan's street was long but it was a colorful and historical experience :)



Whew, it was a truly long and tiring tour but we enjoyed every bit of it that it'd be okay for us to do it all over again next year! Maybe... ;-)

How about you, what are you planning to do or have done already this hot summer months?


*All photo credits go to my hubby - egay who is a budding photographer. Woot!woot!

Our Vigan - Pagudpud Tour Part 1

My family officially started the summer last April 6, with a family and group tour to Vigan, Ilocos Sur and Pagudpud, Ilocos Norte.


Almost a month before this, I started contacting resorts and hotels in Pagudpud to ensure our accommodation. I was surprised that almost all of them were already fully booked long before the holidays came. So I searched and searched online for affordable types of living quarters and discovered what they call "homestays" in Pagudpud. These are bungalow-types of houses which the local residents of the province places for rent on a per day or per head basis.

I contacted almost all of the homestays I found listed online. Good thing 3 were available on the date we had planned on going to Pagudpud. I chose the one in Blue Lagoon, Pagudpud which offered 3 rooms because we were going there with 2 other families, who were close friends of my husband. And they will be bringing their children along so I want to make sure the children were comfortable. Plus Blue Lagoon is considered to be a virgin beach in Pagudpud compared to its other beach which is Saud.

We were all 13 persons (including children) in the van we rented and we left at around 1 AM of April 6.

Oh did I forget to mention that we started the tour in Baguio City?! We all live in The Summer Capital of the Philippines so our travel time to Vigan was only about 5 hours. But if you'll be starting from Manila, expect to add about 6 more hours to that.

Upon arriving in Vigan at 6 AM we looked for "turo-turo" or street side restaurants to eat our breakfast. The men wanted to experience eating the local foods immediately like the Vigan longganisa so they suggested it instead of eating in fastfood restos. The children were not so thrilled though :)




We found the street side restos within the central plaza near the city hall. This was very near another tourist spot of Vigan called the "Calle Crisologo" but we opted to go back to it the next day on our way home to maximize our travel time.

After eating, the men went to the local market nearby and spent about an hour buying food for our dinner and breakfast for the next day. While we, the women and children did some sight-seeing around the plaza where we saw lots of "kalesa" or horse-drawn carriages, a traditional vehicle in the Philippines. The children were awed at the horses and pleaded to have a ride on one already. But we promised, it'd be on the next day's agenda.



The designs of the buildings and houses still preserved that of the Old Spanish Era. It was really better seeing it for yourself than just seeing it on television. The children were already excited to see the rest of the city but we had to start travelling again.

On the way to Pagudpud, we passed by Burgos, Ilocos Norte where Cape Bojeador was and Bangui, where the famous Bangui Windmills were.




Cape Bojeador is an old lighthouse in the area and looks really historic - well "old" as the children described it... while the Bangui Windmills are wind turbines put up there to help supply electricity in the region of Ilocos Norte. It's considered the biggest set of wind turbines in Southeast Asia and it truly was a sight! It was on a beach with white sands so if only we were allowed to swim there, I would have loved to spend time swimming and being beneath the windmills at the same time!







But we had to continue travelling...

We arrived at the barangay outpost at the entrance of the Blue Lagoon beach at around 12 noon. They asked for a $0.50 per person entrance fee which is good for 24 hours. This was the only fee we paid to access the whole area. Then we headed to Surf's Homestay and the house owner, Mang Wally, welcomed us with all smiles. The house was not too much but it had the stuff we needed to be able to cook and to sleep comfortably through the night.

We cooked and had our lunch - Sugpo sauteed in garlic, rice and then bananas for dessert - and started on our way again to see the other views before we headed for the beach.

Sorry, we forgot to take pics here...we just wanted to fill our starving tummies :)

Our next stop was at the Patapat Viaduct. This is a long, winding bridge, the 4th longest in the Philippines which connects the rest of the Northern Luzon provinces to Ilocos Norte. It's sandwiched between the mountains and the sea. According to Wiki, it's 31 meters above sea level. So that explains why I get dizzy when I look at the rocks below the bridge!





We also passed by Bantay Abot Cave. What's considered a cave is actually the MASSIVE hole on this sea mountain. This hole was the making of a 1980's earthquake which rocked the mountain. The whole mountain sits just beside the sea where we saw small eels and hermit crabs by its rocky-side.




Then we were off to the Blue Lagoon beach!

After looking at some tourists, we noticed that many of them did not rent cottages from the surrounding resorts anymore. And it turns out there was a free toilet and bath at the right side of the beach!

So.... since we were still full from our heavy lunch, we just changed to our swim wears and went towards the clear, blue waters. And enjoyed the sun and the sand!




The waves were splashing the shore all afternoon, but it was okay. We jumped as the big waves came and laughter was just all around. The kids enjoyed the sand so much too that we almost did not mind the sea weeds constantly floating around. But, I still hope someone regularly cleans it up.




We headed back for the homestay at 6 PM because a "No Swimming" Rule is implemented on the Pagudpud beaches after 7 PM. We cooked our dinner again then prepared for bed. It was really dark at night in Pagudpud. There were no street lights at all. But it did not feel creepy or anything.

The wind was causing the waves to splash, it was so strong that we thought it was raining!

In the morning when we woke up, we still heard the same sound. Before heading there, we thought that it would be soooo hot but it was actually cold just like in Baguio City because of how strong the wind was.




But you know what's funny...the wind in Pagudpud, no matter how strong it was, did not get our hair all tangled up! That was amazing :D


*All photo credits go to my hubby - egay who is a budding photographer, thanks luv!

Twitter Delicious Facebook Digg Stumbleupon Favorites More

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Best Web Hosting Coupons