Advice - Business advisory services offered by chambers of philippines phone directory search commerce, business associations and trade unions.
Business Incubators - Spaces dedicated to supporting budding entrepreneurs by offering them offices, training, mentors and resources.
Business parks - Special areas with buildings and basic infrastructure that serve as places for prospective entrepreneurs to start a business.
Sources of financing for SMEs
There are many different perspectives from which to view the financing process . There are several key sources of business financing, which take into account different criteria:
Capital ownership:
Equity
Foreign capital
Sources of capital:
Internal financing - also known as self-financing - is the main source of financing that allows a company to grow and benefit its owners. In the case of small and medium-sized companies, it usually involves own capital invested at the start of the activity and funds generated by the company during its operation.
External: This involves obtaining funds from outside the company, especially for growth processes that require significant capital. This may involve increasing equity by attracting new shareholders or partners, or increasing debt levels by using external capital.