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- How about we start a family business? Let's start a bakeshop.
- Yes! I love to bake cakes and cupcakes. That's brilliant.
- The father then went to a bank to ask for a business loan.
- Great idea, Dad!
- I hope our family business booms
- Good day to you, kind sir. My family is starting a bakeshop. So I'd like to get a business loan worth 100,000 pesos.
- I have everything prepared here.
- Thank you very much. Have a nice day.
- Alright, I'll be needing your credit score, income, collateral and your DTI. Only then you can apply for a loan.
- The term of your loan is 7 years, at 25% interest rate and is paid quarterly. How about that?
- Our business isn't doing so well. People prefer to buy from across the street because they've been in this area for a long time already
- And so they tried out this idea.
- We can advertise our bakeshop in various social media platforms. Let's spend some money in buying paid advertisements.
- We only have quarter of the money we loaned, if this continues we'll go bankrupt.
- nyan's bakeshop
- Then we will promote our bakeshop among our peers. Younger sister is a social media influencer, she can persuade her followers to buy baked goods here.
- Mom, Dad! We have an idea that can help us gain customers.
- Hello my dear followers! Come to LLD street and try our baked goods! It's nyan's bakeshop, a bakeshop owned by my family. Anyone who buys here can take a picture with me!
- Hey friends! My family opened a bakeshop and I'd be very happy if you guys can be a regular customer there.
- Sure. Why not?
- We love your mom's cooking! We're glad that she can finally share to the world her delicious food!
- nyan's bakeshop
- Wow! So many people are lining up to have a taste of our pastries.
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