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1M Budget

Discussion in 'Band of Glockers' started by s0nny_g17, Jan 11, 2007.

  1. s0nny_g17

    s0nny_g17

    380
    0
    Jan 19, 2006
    Quezon Province
    Kung meron 1 milyon petot na budget for a bisnes ano ang negosyo na itatayo mo? or saan maganda iinvest ang 1m sa panahon ngaun?
     
  2. Valor1

    Valor1 Pro Paingiver

    874
    0
    Jul 6, 2003
    Urban areas
    Gunrunning ang ok ngayong pa eleksyon na. Pwede P 1M sa following options

    1) 3-4 Units ng MP5 tapos mark-up ka ng 20-30% each
    2) 40 units ng Armscor pistols
    3) 30 units ng Elisco rifles
    4) sandamakmak na ammo

    Kidding aside, P 1M if invested in a business is part luck and part know-how. Kailangan din hilig mo iyong business at talagang alam mo ang pasikot-sikot. Grabe rin ang nagagawa ng swerte.

    Si Sir Antedeluvianist kayang kaya kang turuan sa stock market a kung anu-ano pang market.

    Regards.
     


  3. MELBU

    MELBU Ann2Tero

    1. Choose from 2 sunrise businesses. CALLCENTER or MEDICAL TRANSCRIPTION
    Why sunrise? Because call centers are still new, it will take 5 more years bago maging sundown business kasi sobra na dami ng callcenters by that time.

    2. Water Business - Kahit marami na, necessity pa rin sa tao yan.
    Kahit tabi tabi pa kayo ng tindahan. Water franchise cost as low as
    190K

    3. Video/Photo Business - Because of the digital age, demand is high.
    Plus Video and other digital equipment are cheaper now compared 10 years ago.

    4. General Merchandise store - Sell anything from groceries, stuff from quiapo and you can even make singit second hand stuff or stuffs from garage sale.
    Plus maintenace and management is very easy. Benta ka lang ng benta,
    pero crucial dito ang location, dapat sa mataong lugat like tricycle
    or jeepney stations. Target mo dito office workers na pauwi na sa
    kanilang mga bahay, hagip mo sweldo nila.

    melbu
     
  4. bikethief

    bikethief itchy trigger

    Whatever ou do, don't frnchise! Most (not all) franchise owners here don't take care of their franchisees and calculate their mark-ups in such a way that sila lang ang kumikita and the franchisee is sddled with the risk and liability. I had a Royal Carib. Jamaican Patty store in ABS-CBN 3 years ago and relinquished ownership to the franchise owner after a year because my allowed mark-up wasn't making money for me. My partner and I lost 500k total. When I spoke to other franchisees, ganun din ang kwento. They build the store and operate for a year, then the relinquish ownership to the franchise owner kasi iniipit na yung stocks and wala nang support.

    1M? Try mo mutual funds. Just make sure reputable group ang mapuntahan mo. Or hanap ka ng kasosyo and put up a 24hr. convenience store parang mini-stop or 711. Look for a location near a call center.
     
  5. ilocano

    ilocano Down Under.

    175
    0
    Dec 9, 2004
    Why not try investing it with philam life. they have this product that allows you to earn at least 30% of what u have invested per year. im not sure of the details though, nabasa ko lang sa flyer kanina when i went there to pay my premiums
     
  6. Glock_19_9x19

    Glock_19_9x19 Toink!

    577
    0
    Feb 24, 2006
    Manila, PH
    Agree ako dyan :supergrin:



    I'd put up a Party Needs business too..Malakas chairs and tables ngayon eleksyon.
     
  7. Wp.22

    Wp.22

    3,326
    0
    Jan 17, 2005
    philippines
    agree din ako sa beerhouse pwede name ay "Beer On Garden" para BOG din.
     
  8. Glock_19_9x19

    Glock_19_9x19 Toink!

    577
    0
    Feb 24, 2006
    Manila, PH
    Balak ko nga talaga magtayo this year d2 sa Pasay, pag ok na funds ko :supergrin:
     
  9. Allegra

    Allegra

    6,359
    3
    Mar 16, 2003
    Philippines

    agree

    but tanggalin ko 100k for my herbalife biz
     
  10. DA_NINJA

    DA_NINJA

    191
    0
    Jan 24, 2003
    C®OK COUNTY, IL
    stick to the basics..

    FOOD

    SHELTER

    CLOTHING

    AND...GUNS
    :thumbsup:
     
  11. kcboy

    kcboy CHEEPUCK.COM

    466
    0
    Jan 4, 2003
    manila,philippines
    beerhouse, ok ito. just hire good looking servers and ull do ok.:hugs:
     
  12. s0nny_g17

    s0nny_g17

    380
    0
    Jan 19, 2006
    Quezon Province
    patay ako nito kay misis
     
  13. revo

    revo

    521
    0
    Apr 27, 2003
    Choosing which business to open for yourself is a very personal thing. 1M Php is right about USD20,000, so in the US that's classfied as a small business. So the question really is - what small business can you start with U$D20,000 ?

    I take it that you want the business to succeed and here are some factors for success -

    1) You have higher chances of success if you have experience in that line of business already - at least 20 years is a minimum, I would say. In other words, you should not attempt to go into business if you do not have at least 20 years of experience in that area. You will be killed.

    2) You should choose a line of business that you really love so that you don't mind working the long hours to make it succeed. Sa umpisa, ikaw lang lahat, walang katulong.

    3) How fast can you start moving ? If you have an innovation that opens up a new niche, you better be able to deliver fast to the consumer or the big, established guys will just do the same thing you're doing and smash you. The business world is another type of war carried on peacefully.

    4) How great is your idea ? It's niche leadership or nothing. You should be better than the leader of you niche by a wide margin or else that leader will catch up with you quickly and put you out of business.
     
  14. 3kings

    3kings SalingPusa

    699
    0
    Jan 4, 2005
    Makati
  15. kung wala pang internet sa lugar nyo, at me pwesto ka, baka mag-klik yun. Simulan mo sa 5 hanggang 10 units. Pag matumal, benta mo mga computer mo. Kahit papano, me babalik.
     
  16. TTPower

    TTPower

    553
    1
    Aug 2, 2006
    philippines
    MEDICAL TRANSCRIPTION.... try not to venture in this business. in my opinion its not yet the right time, RP is not yet ready for medical transcription. But if you do decide to try ur luck in medical transcription avoid franchising from MTC ACADEMY or any of their affiliate companies. btw i know this because i franchise an academy with them. :fist: :rant: :brickwall:
     
  17. isuzu

    isuzu

    4,072
    0
    Jul 3, 2005
    North America
    Wow, ginamit lang yata kayo ng franchise owner ng Royal Caribbean Jamaican Patties. That's just plain GREED! Sayang, sarap pa naman nga spicy patties nila. I used to finish about 5 in one sitting when I was still living there.
     
  18. isuzu

    isuzu

    4,072
    0
    Jul 3, 2005
    North America
    My sister's managing a transcription firm in Manila. Their principal is a Minnesota-based orthopedic doctor who is also our relative. They're doing good.