Tag Archives: profitable business

“Nang Magising si Juan” Episode 13 Sneak Peek

August 9, 2014Newsariel villasanta, Armand bengco, business philippines, colayco foundation, debt, financial empowerment, financial freedom, financial literacy, Francisco colayco, gma news tv, good business, gusto kong yumaman, how to be rich, how to borrow properly, investing for ofw’s, kapatiran sa kasaganaan, ksk coop, landbank, mang inasal, money, nang magising si juan, negosyo, ofw cooperative, paano mag-invest ang ofw, paano umutang, paano umutang nang maayos, paano yumaman, patok na negosyo, profitable business, red ants media, retirement, small business, the misadventures of ariel and maverickadmin

While there are some improvements in Ariel’s financial education on Nang Magising Si Juan, there is still a lot to ask for. In last week’s episode, Ariel ended up staying in a hotel because his electricity, water and telephone were cut off because he was unable to pay his bills. Ariel is not as poor as not to find money for his electricity but he is not careful. He forgot to pay the bills because he was too busy. I had to remind Ariel that he can pay for his bills even by cellphone.Now he has to use his credit card to pay for his hotel bill and that adds up to his expenses. Ariel didn’t even realize he was staying in aurumOne Makati Hotel that I own together with OFWs and members of KsKCoop.

At least, he remembered that he had to arrange for an interview with Ms. Yasly Corazon Jaen, Chief Admin Officer of Governance Commission for GOCC of LandBank Mobile Availer. He learned that it is easy to get a salary loan. When you avail of a loan, you should have a mobile phone because you apply by text and you get the approval also by text within three days and the money is deposited to your account with Land Bank.

Tomorrow Aug. 10, watch the Ariel and the members of KsKCoop as they meet up in Hong Kong to discuss the projects of KsK. We have sponsors for the show like Bulgar, Bounty Fresh Chicken Chooks-to-Go, Mang Inasal and LandBank of the Philippines. With them, we are able to give all Filipinos information while watching an enjoyable comedy show. Please pass the word to your family and friends.

“Nang Magising si Juan” Episode 12 Sneak Peek

August 2, 2014Newsariel villasanta, Armand bengco, business philippines, colayco foundation, debt, financial empowerment, financial freedom, financial literacy, Francisco colayco, gma news tv, good business, gusto kong yumaman, how to be rich, how to borrow properly, kapatiran sa kasaganaan, ksk coop, landbank, mang inasal, money, nang magising si juan, negosyo, paano umutang, paano umutang nang maayos, paano yumaman, patok na negosyo, profitable business, red ants media, retirement, small business, the misadventures of ariel and maverickadmin

Ariel, in Nang Magising si Juan last July 27, continues to believe that his real talent is in show business. He looks for ways and means to support his feeling and he joins the Chooks-to-go caravan. This is actually a good move on his part to understand his real passion. This is what we should all do to really discover if what we believe to be our capability is really true.

In joining the caravan, Ariel got himself into the groove of all the fun that Chooks-to-go caravan had to offer. He went to the extent of being personally involved in the activities, which was again very good to enlighten him. He was convinced that it was really his calling to be in the limelight and he made up his mind that he would be a good endorser of Chooks to go.

He thought he should resign from his job with Feeling Close with FJCshow and maybe even his job with PLDT. He went to me first to resign and tell me about his plans. I was surprised and kept asking him if he already had a signed contract. He was evasive and didn’t really confirm, but he was so sure he wanted to resign, so I accepted.

When Ariel went back to Chooks-to-go, he was shocked to learn that they already had a poster of their endorser. He didn’t even know!

Tomorrow, Aug 3 at 8am on GMA News TV, join Ariel again when he is seriously unable to pay his bills. On Nang Magising Si Juan, learn more about possible solutions especially regarding the mobile salary option of Land Bank.

Catch Nang Magising si Juan this Sunday, 8:00 am, at GMA News TV!

Nang Magising si Juan would like to thank its sponsors Bulgar, Bounty Fresh Chicken Chooks-to-Go, Mang Inasal and LandBank of the Philippines. With them, we are able to give all Filipinos information while watching an enjoyable comedy show.

“Nang Magising si Juan” Episode 11 Sneak Peek

July 26, 2014Newsariel villasanta, Armand bengco, business philippines, colayco foundation, financial empowerment, financial freedom, financial literacy, Francisco colayco, gma news tv, good business, gusto kong yumaman, how to be rich, kapatiran sa kasaganaan, ksk coop, landbank, mang inasal, money, nang magising si juan, negosyo, paano yumaman, patok na negosyo, profitable business, red ants media, retirement, small business, the misadventures of ariel and maverickadmin

Ariel, in Nang Magising si Juan last July 20, was feeling insecure about his not accomplishing much in his financial life. Together with his friend, Long Mejia, he tried to think up of businesses but because of other commitments, Long Mejia leaves Ariel on his own. Ariel decided to sell chickens because he loves to eat chicken and his best brand is Bounty Fresh Chicken, Chooks-to-Go. He bought frozen chicken from Bounty Chicken and started selling them house-to-house and store-to store. However, his selling was unplanned. He even ate some of the chicken that he was supposed to sell. He realized that he didn’t like that particular business because it was not a business that he really liked He realized that he could not go on without asking for advice.

He approached Armand Bengco, Executive Director of Colayco Foundation to help him. Armand explained to Ariel the basic concepts of setting up a business.

After hearing the suggestions, Ariel asks Armand Bengco if he would like to be a partner in his business by putting in money. Of course, Armand knows better. You should not agree to being a partner and especially not putting in money into a business that your partner has obviously no expertise in.

On Sunday, July 27, join Ariel again on Nang Magising Si Juan as he continues to try to set up a business. Ariel continues to believe that his talent is in show business.Ariel joins Chooks-To-Go’s Kwela Van road show to impress the brand’s marketing head and consider him as their newest endorser.

We have sponsors for the show like Bulgar, Bounty Fresh Chicken Chooks-to-Go, Mang Inasal and LandBank of the Philippines. With them, we are able to give all Filipinos information while watching an enjoyable comedy show. Please pass the word to your family and friends.

Simplified Analysis of Your Business Break Even

July 23, 2014Plan, Spendanalyzing a business, ardy roberto, Armand bengco, becoming an entrepreneur, big businesses, bo sanchez, bread-even, business, business analysis, chinkee tan, cost of sales, definition of break-even, determining break-even price, entering a business, entrepreneurship, financial independence, fixed costs, francis kong, francisco j colayco, good news pilipinas, how to get into business, john calub, money magnet, murang negosyo, negosyo, negosyong puwedeng pasukin, paano magbenta, paano magkaroon ng negosyo, pagsusuri ng negosyo, pasok sa negosyo, patok na investment, patok na negosyo, pisobilities, profit and loss statement, profitable business, registered financial planner, rfp, selling, sikat na negosyo, smart business, variable expense, wealth of adviceadmin

by: Francisco J. Colayco

It may be that readers may be less interested in the analysis of a business. However, I’d like to address those who might want to learn for a business they now have or for their planning of a future business.

Break-even in business means how much you need to sell (i.e., how many units of products you need to sell at a given unit price) so that you will be able to sustain your business. Break-even does not mean you are losing money but it also does not mean that you are making money. If your sales are below your break-even, you will be incurring losses and if it is higher, your will be making money.

For big businesses, there will be finance people who can do all the required analysis. However, for a small business, the owner will have to do the analysis himself and it may not be so easy for those who do not really have experience. I will try to help you to compute break-even. You do not have to think in a complicated way. You can just use the simplest forms possible.

1. You need a “Profit and Loss Statement” or P&L of your Business preferably per month. This means you have to calculate your Sales, the Cost of Sales and Expenses for every month.

2. The “Cost of Sales” or CS is what you spend to make the product that you sell. If you are just trading or in “buy and sell” like sari-sari stores, your CS is the amount that you pay for the products you sell.

3. For your Expenses, you need to separate into Fixed and Variable expenses. The variable expenses are those that are directly related to the product when you make a sale. For those in trading, your variable expenses are your CS and maybe commissions you may pay depending on how much you sell. If you are a service business, you may not even have variable expense.

4. Fixed Costs are expenses you will spend whether you sell anything or not. Examples are rent, utilities, telephone, salaries and benefits. Notice that these are expenses that do not change much when there are small changes in sales. You will spend these amounts whether you sell or not. Of course, if your sales increase very much, you will probably have to add people and spend more fixed costs. But let’s just assume that these are fixed costs for our break-even analysis.

5. The basis for determining your break-even sales is your sales price per unit of your product (e.g. per kg, or per piece or per hour, etc, etc).

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“Nang Magising si Juan” Episode 10 Sneak Peek

July 19, 2014Newsariel villasanta, business, entrepreneurship, financial freedom, financial independence, fjc, Francisco colayco, gma news tv, how to be rich in business, how to succeed in business, nang magising si juan, negosyo, paano magtagumpay sa negosyo, patok na business, patok na negosyo, profitable business, small business, the misadventures of ariel and maverickadmin

Last Sunday, Ariel returned to LandBank to open his Unit Investment Trust Fund (UITF) account assisted by Ms. Vangie Illustrisimo, Trust Sales and Marketing Officer. Armand Bengco, our Executive Director at Colayco Foundation also gave him some advice on how to deal with his personal debt. With a minimum of Php10k, Ariel was able to buy shares in a UITF.

Again, there are different types of UITF depending on your ability to take risks. UITF have no guarantees but it is unlikely that you will lose your investment if you keep it over the long term. The market price of UITF shares goes up and down. Your gains or losses on your investment will only happen when you sell your shares. You have to sell at a price higher than your average purchase price. If you sell at a price lower than your average purchase price,purchase price, you can lose money. The risk is really your ability to hold on to your investment until the price goes up.

Tomorrow July 20, Ariel will be involved in trying to put up a business. As usual, he will do what he wants without much preparation and make his mistakes. Eventually, he will realize those mistakes and have a good learning experience.

Catch Nang Magising si Juan tomorrow, 8:00 am at GMA News TV!

Nang Magising si Juan would like to thank it sponsors Bulgar, Bounty Fresh Chicken Chooks-to-Go, Mang Inasal, Landbank of the Philippines, and many more!