6 practical tips for starting your own small business in 2022 | 💰 finance
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- Опубліковано 7 жов 2022
- today i'll share with you some practical tips to help you start you own business as a side hustle. i have talked about my different sources of income, and product selling was one of the sources that helped me reach my first million. i was able to do it while also working full-time. this is a very timely topic since the -ber months are the best time to do selling as a side hustle. it's the spending season, so if you want to earn extra this 2022, now's the time to do it. :)
💙 sell on Lazada:
tinyurl.com/theabautistaxlazada
🎯 my first million playlist:
bit.ly/myfirstmillion_playlist
this video is in partnership with Lazada.
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☎️ for business/sponsorships: hello@theasybautista.com
Hi Thea! Can you also talk about how to start freelancing while working in a corporate job? What are the things we should consider (tax, etc.)? Would love to hear how to get started!
We can talk about this! Lalo na yung tax, dyan ako litong lito eh simple lang naman pala haha
@@TheaSyBautista yes please! Sayang I had to cancel some freelance work all because they requested for an invoice and I was afraid to get into tax issues with my company. Would also love to hear your tips on how to set your rate, where to search for freelance opportunities, protect yourself from scammers, etc. Thank you!
Up to this! We have the same scenario! 😂
@@TheaSyBautista Looking forward to this!
Thank you for always giving us the reason to still believe that theres always a way to be succesful . Its not too late to start saving & be more mindful
love it madam..
was planning to open online shop for motorcycle supplies and parts for a long time.. kulang na kulang pa sa kaalaman.. thank you for this..
wow! I'm planning to start my small business and engage to my target audience soon (convention etc) then I saw your video. Thank you for the great details!
Miss you ate theaaa! ✨ silent viewer here since 2020. Rami po akong natututunan 💖
Very timely for people who want to start a small business. Thanks for this, Tita Thea! :) #supportlocal #supportsmallbusiness
Thank you for this. So much helpful.
nice explanation, so clear and concise
Namiss ko vlog mo Ms. Theaaaaa
yey! new video 😌✨
Gusto ko din po sana magsell sa Lazada kaso ang problem malayo drop off point dito samin. Sana soon mag offer din sila ng pick up like shopee and Tiktok para mas madami mareach na mga small time business owners like me😊🙏🏻
Thanks 😁
Watching ma'am
hello po ate thea 😊 buti may upload na po kayo , madami po ako natutunan sa mga vlogs nyo po 😍
Meron pa ulit next week!
gusto ko po lahat ng mga vlogs niyo po 😍😍😍 inu ulit ulit ko po palagi yung mga videos nyo 😊
I've been working in the BPO industry for almost a decade now but I haven't try to build a small business.. What is the small business you can recommend?
Nice vid, would love to watch a video where you go in detail regarding #5 business plan eapecially factoring marketing/ad expense and executing a campaign
Slamat Mam.
Omg i miss your vlog :)
You are one of those creator I really love watching. Watching your videos makes me feel calm during this emotional time of my life 😞
Aww thank you!! Hope everything gets better for you!!
@@TheaSyBautista haha kinilig ako 🤣🤣🤣
Thank you. I'll be fine. Sabi nga sa isang message Sometime bad situation can be good . Thank you waiting for next Vlog agad
Happy 200k! OMG! 🎉
Wawww salamat po!!!
Gusto ko mag start nang business , but I don't know how , how to start ?
Gustong gusto ko tlg ung mga blouse mo miss thea 😊 pshare nmn ng mga brand po kung san ka bumibili 😊 thank u 🥰
This one is from mango pero matagal na ito e. Baka di na available :)
Hi Thea. I like the "you can call me Tita Thea." My friends and I call each other Tita too hahaha
Hahaha nasa ganoong edad na talaga tayo 😅
Hi Tita Thea! What's the suggested or ideal price markup or margin for someone starting a small business?
as far as i know walang “golden rule” na number pag dating sa gross margins kasi maraming factors involved. Gross margin = gross revenue - returns, allowances & discounts - COGS. Selling and admin expenses, and taxes are subtracted pa from that to derive the profit. Here are some things you need to consider pag dating sa pricing:
1) do you plan to compete thru pricing or product differentiation? If makikipag price war ka lower margins per sale but higher volume. Product differentiation allows you to enjoy premium pricing naman
2) risks involved - for example you are selling makeup na kahit na gaano ka kaingat magpack, pwede parin mabasag. Factor in that risk sa pricing mo to cover potential losses
3) pricing of competitors - mas tight ang margins the more generic your product is kasi anyone can offer
4) cost of capital - how much shinell out mo and ano ang acceptable returns sayo
5) your expenses - do you have rent, manpower, etc
6) your target market’s purchasing power
But for me, honestly, what i’d do is run a discounted cashflow model. Tapos tweak the prices to achieve a good enough return on mu investment. Check if yung prices ba is akma sa market. If masyado mataas, evaluate if worth doing the business nga ba or better to put the money somewhere else or sell something else 😊
@@TheaSyBautistanice
🙋♀️
Hi maam this is very helpful advise. Quicj question? Do i need to get suppliers? I want to sell cosmetics, clothings and accessories sana eh. And i want to invest in those but I don’t know where to find stocks. Please help thank you!
i hope i can share my small business here ,going 2months and fighting ;)
10ml original bath and body works decants
Pwede nyo po ishare basta sa lazada yan ha hahaha
tita thea bakit di ka nag premiere for today's video?
Hello po!! Onga no, nawala sa isip ko ipremiere! Tagal ko na kasi nag break haha
Tita patulong po kung puwede lang' sa computation po, original loan 100k ang interst 1.6 = 61,866 ang total account as of 1995 is 290k sa 27 years po magkano po aabutin ang tubo' pls help po🙏
What do you mean by 1.6 interest? Hindi ko madederive yan based sa info. Need ng:
Principal amount
Monthly/annual interest (add on ba sya or effective interest)
But best to ask nalang your lender kung how much na outstanding. Sa tagal ng 27 yrs most likely may penalties pa yan
Bakit hindi po nag aaccept ng post dun sa group mo madam. Wala naman po akong nilabag na rules sa post ko pero hindi pa din ako naaapprove kahit 4th try na. :((
Hello! Almost 10k ang pending posts and naghire na po ako ng 2 people to help manage the group. They are approving a mix of topics per day. Pero ayun lang, Marami pong hindi naaapprove kasi mafoflood po yung community kung iaapprove lahat :(
Can u help me?
Yehey! 🤍
hello bakit wala ka sa ready2adultph ni charm?
actually updated ako sa developments ng r2a nina charm and nicole. I wanted to be part of the team sana kaso ang dami ko ginagawa that time because i was also in school full time 😊