Dapat ba mag loan for your business this pandemic?

We are all aware that this pandemic has greatly affected everyone.

Bukod sa epekto nito sa ating kalusugan, mabigat din ang naging epekto nito sa ating hanapbuhay.

This places them in a very difficult position because this pandemic necessitates us to always be prepared.

Kaya naman, importante ang magkaroon ka ng isang source of income na maaasahan mo.

Before, I was also worried about my standing in life.

Gusto ko kasi secure ako both financially and emotionally no matter what, and to do that I had to have a stable source of income that was coming from something that I actually love! 

In my years of experience, this kind of source of income for me has always been putting up my own business.

Ngunit, kung ikaw ay isang business owner din tulad ko, you’ll know that this pandemic has also made it difficult for businesses to prosper.

But don’t worry because today we will talk about what we can do to prevent business failures!

Specifically, we will talk about whether or not you should apply for a business loan in the time of pandemic!

Kaya naman kung ikaw ay nangangarap maging business owner or meron ka nang business at nais mo pa tong palaguin, let’s keep on reading. 

Maintaining a business is already hard as it is, and it gets even harder during the pandemic.

Sometimes sales can be low because people are suffering financially all across the board.

While sometimes, everything just gets frustrating to handle because of the strain in your resources.

But don’t fret and don’t give up on your passion! Baka kailangan mo lang ng onting tulong to alleviate your financial burdens as a business owner.

The one way you can do this is to apply for a small business loan!

I know it can be daunting to borrow money but there’s nothing to be afraid of as long as you are fully aware of the risks of taking out a loan and that you are prepared to clear your debt as soon as you can. 

Maraming benefits ang pagkuha ng loan para sa negosyo mo.

Una sa lahat, it will help you replace the lost cash flow caused by possibly low revenue.

Kung mahina ang negosyo mo lately, taking out a loan can help you still pay your bills and replenish your inventory para makabawi ka kahit papaano.

Maaari mo ding gamitin ang loan na ito para makapag-invest sa isang bagay o stratehiyang makakabuti sa iyong negosyo.

Whether this is a new storage unit, a faster internet connection, or a revamped marketing plan, a loan will surely give you the resources to improve your business quality.

At syempre kung ikaw ay may employees na kailangang swelduhan, a loan will ensure that you are able to pay and take care of them punctually.

Importante ang lahat ng ito dahil sa panahon ngayon, mahirap na talagang maging business owner. 

Especially in these trying times, it’s more important for businesses now to be creative and innovative in their operations.

Dahil nga lahat ay kadalasan nasa bahay na, maraming tao ang nagtayo na rin ng sariling business nila.

Hence, malaki ang competition. One way for you to ensure that you will succeed is to stand out from the crowd.

You can do this by improving your business whether in terms of your product, service, or marketing.

Mas magagawa mo ang improvements na kailangan mo if you have the financial resources to support the changes you want to implement.

This is why applying for a business loan can be one of the best things that you can do for your business!

Yes, it involves taking risks, but just think of it as an investment that can eventually pay off as long as you work hard and play smart with the loan you got. 

Marami kang loan options na makikita both from the public and private sectors. Banks have their own small business loans that all have great inclusions and terms.

Even the Department of Trade and Industry itself has the COVID-19 Assistance to Restart Enterprises (CARES) program that seeks to help out Filipinos in securing loans that can boost their businesses.

The point is, help is available whenever you need it. Don’t be afraid to look for it because in this time of uncertainty, a helping hand from a loan can be exactly what you need. 

I’m sharing this because I think marami sa ating ang takot talaga isipin ang manghiram ng pera para sa business natin.

Baka takot tayong mabaon sa utang or masayang yung hiniram, pero I’m here to tell you that you don’t have to worry if you do your research well first.

Importante din na may strategy ka on how you’ll use the loan once you get it.

With these tips and simple advice, I hope na mas kampante ka sa pagconsider sa pagkuha ng isang loan para sa negosyo mo. Remember, great things come to those who take great risks.

Info Source: https://www.pna.gov.ph/articles/1107917