Cash Management Services involves managing the flow of funds in an organization or business. Every business has collection and payment needs which if not managed, may cause funds to be misplaced, lost, or untracked.
I will no longer ask 2021 to “bring it on” given what 2020 brought us, instead I’d just say with humble, yet faithful confidence, that 2021 to be Better, Brighter for us and our families, and for our finances.
FarmOn sent an update to its investors on Covid19 impact to operations. Investments are still in place and will be honored but withdrawals will be stopped for now. We think FarmOn needs time and liquidity, and mass withdrawals will be more harmful to its recovery chances. Caveat.
Both PowerFill and Aunicaj Fuel gas stations are already operational. One has shorter ROI (capital recovery) and better P/E ratio but the other has more potential upside due to increasing income and better overall margins.
Note that initial investment for these gas stations are below half a million, while building one’s own gas station will cost 4 to 5 million pesos, even more. That’s just the structure. And I’m not yet talking about the initial inventory, few months of lease and salary for manpower. All these are cash out before you start earning. So lots of cash buffer needed.
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