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.
Heto na naman tayo nagbabakasakaling manalo sa lotto. Kahit ano pang sabihin ng blog na ito, at nang iba, eh wala nang makapipigil sa mga nais tumaya. Aba eh pera naman nila yan. Kahit nga yung mga hindi naman madalas tumaya, kagaya ko, eh nahihikayat na ring tumaya sa laki ba naman ng jackpot price,…
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MANILA – Philippines’ Largest Business-2-Business Expo, Conference, and Networking Event for Small and Medium Enterprises, the 7th Philippine SME Business Expo & Conference [PHILSME], is set to launch on October 17, 2018 at the SMX Convention Center Manila, Mall of Asia Complex, Pasay City. With its tagline “Boost Your Business”, PHILSME is one of the…
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The charitable Ilocana and I have been exploring other long-term investment options as well as business ventures. Along the way we came across the concept of co-ownerships, specifically co-ownership of gas stations. The first gas station we got acquainted with was through PhilCrowd, the next one we saw in a franchise expo, and further saw…
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So you want to be a franchisee of Brand X some day? Many Pinoys are really inclined to give franchising a try, maybe because they see it as of lesser risk compared to starting out on their own. Previously discussed the pro’s and con’s of franchising, in my humble and limited opinion, as well as…
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WRITING BUSINESS: MYTHS DEBUNKED What do you think about writing as a business? Do you think that professional writers offering professional essay writing services can be seen as some sort of accomplices to cheating, which is a serious academic offense? If you think so, think again. Yes, it is a profitable business which makes money…
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“Financial struggle is often the result of people working all their lives for someone else.” – Robert Kiyosaki Kiyosaki’s best-selling book, “Rich Dad, Poor Dad”, struck a chord with me the first time I read it. He argued that staying in a job is riskier than running your own business. What? My eyes squinted at…
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