by Lito on May 13, 2008
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One of the most effective and convenient way to handle cash is in the Philippines nowadays is through Globe G-Cash. It’s the closest thing to paypal, credit cards and EPS of BPI express. If you have an online business that caters local customers, I think this is the best option. Compared to all credit card processing companies, paypal is the easiest way and cheapest way to set up your payment processing but if your customers are mostly local, it will eat away a lot of your overhead cost. Because if you are using paypal, it will charge 3.4%+US$0.30 (this is the highest rate) of the amount transferred to your paypal account using credit cards. But even if the transaction is paypal to paypal and if you will transfer your paypal fund to your local bank account, paypal will charge php50 and the local bank will charge php150 for every transaction. This will not be a problem if the amount of your transactions are tens of thousands of pesos because it will compensate the cost. The only problem here is if your customer is using other network like Smart or Sun for example but buying an extra Globe sim won’t hurt your pocket if you are not a Globe user.
If the money involved is very modest, lets say hundreds or a few thousand pesos then the transaction charges is too much. G-Cash can be considered as an electronic wallet and a poor man’s payment processor to accept payments. For example, if you are selling stuffs on ebay, you can accept payment by G-Cash and you can deposit it to your BPI savings or current account using your cellphone. You can also convert GCash to cash or vice versa by going to Globe Business Center or to an accredited GCASH Partner.
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by Lito on May 12, 2008
Making bath soap as a home business can also be profitable. The procedure I got has two versions, the opaque and the transparent. See procedure below:
A. PREPARATION OF TOILET SOAP/BATH SOAP (OPAQUE)
Materials/Ingredients (for 14 bars, 135 g/bar)
Refined coconut oil - 4.5 kg
Caustic soda solution (32oBe) - 3.25 kg
EDTA (Ethylene diaminetetracetate) - 70 g
Citric acid - 70 g
Sodium chloride - 4.5 g
CDEA (Coco diethanolamide) - 50 g
Light mineral oil - 70 g
Scent to suit
Color (optional)
Equipment/Tools
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by Lito on May 10, 2008
Partnering with Greenwich Even prior to its acquisition by Jollibee Foods Corporation, Greenwich was already a viable and sought-after franchise for aggressive businessmen and entrepreneurs. With its core value of quality food and service consumers have enjoyed through the years, it has allowed Greenwich to grow to be the market leader and establish its position as a stable and profitable franchise.
Greenwich believes that franchisees are not solely isolated investors; but rather, valuable business partners who are integral to the Greenwich family. Thus, a franchisee’s gain is the gain of the whole Greenwich system.
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by Lito on May 9, 2008
Preparation Of Potato-Dextrose-Agar (Pda)
Raw Materials
Fresh good quality potatoes 200 g
Dextrose powder 20 g
Agar bar (gulaman) 20 g
Distilled water 1 L
Procedure
- Wash, peel and dice the potatoes. Place 200 g in a casserole where water has started to boil and allow to boil until potatoes are soft enough for the pallate.
- Strain the broth (decoction) through cheesecloth. Restore the volume of decoction to 1 L and put back into the casserole.
- Add the agar (chipped) and the dextrose powder. Heat while stirring occasionally until the agar dissolves.
- Dispense 30 mL in each flat rhum bottle and plug the mouth with the bottle cotton.
- Sterilize the medium in a pressure cooker at 121°C or 15-lb. pressure for 15 minutes. Immediately after sterilization, slant the test tubes at an angle of 20 to 25 degrees, making sure that the agar does not touch the cotton plug.
- Lay the bottles flat on the table until the agar congeals.
Preparation Of Substrates (Fruiting Bags) [click to continue...]
by Lito on May 7, 2008
Are you a knower when selling?
When selling to a prospect do you assume that your products and services will solve their problem? Then, as soon as you can, you jump in and tell your prospect all about your products and services and what they will do for them. You feel that if you tell them enough, they will see how great your products and services are and that they will solve their problem.
Also when your prospect asks you any question, do you always give some sort of answer, even if you have to guess? You don’t want them to think you don’t know everything about your products and services because you feel you should know everything. You are afraid your image, in the eyes of your prospect, will be negatively impacted if you don’t know the answers to their questions.
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