money Business Ideas

[thrall]

Hello people, For those na gusto mag business pero minimal lang ang capital, visit this site (www.my.ws) then type oliver1013 sa access code.Fill out the information and watch the video presentation. For more info pls email me at oliver@aCquastation.ws.

[Joey_Jeremiah]

i'm interested in putting up a resto/bar in makati or the fort. can someone help me? i'd like to know about the area's traffic, prime locations, and pricing. what do you guys think?

[rickyv]

i think you should put up at least 10 million in capital

[ninjakidz]

i have a friend who's selling some of their shares in a nice bar resto in timog area... pm me if interested...

[BnF95]

Joey_Jeremiah, the traffic in the area is increasing, specially once Serendra gets built. The questions are:

 

1.) Where are you going to situate your bar/resto?

2.) What is your concept/gimmick to attract customers?

3.) What is your ideal RoI and profit margin?

 

Not to discourage you, but without a really good concept or gimmick, the chances for a long-lasting bar/resto isn't that good. Of course, I could be wrong.

[Joey_Jeremiah]

Joey_Jeremiah, the traffic in the area is increasing, specially once Serendra gets built. The questions are:

 

1.) Where are you going to situate your bar/resto?

2.) What is your concept/gimmick to attract customers?

3.) What is your ideal RoI and profit margin?

 

Not to discourage you, but without a really good concept or gimmick, the chances for a long-lasting bar/resto isn't that good. Of course, I could be wrong.

<{POST_SNAPBACK}>

 

Thanks for the responses!

 

1. greenbelt comes to mind, where there is a high amount of traffic. somewhere located near other high-end bar/restos. this is in-line with focusing on our target market.

2. still under development

3. have not worked on the financials yet, b/c i'm still trying to gather more information on the industry there. trying to understand what works over there, what hasn't, trends and patterns over the years, and of course, the financial history of what others are earning (at least an idea). ideally, i'd like to make my money back within 3 years to turn it over into another one and continue to grow every 3-5 years.

 

Php10M is a number that i've heard before when starting one up. would this be just to start it up? is this just the downpayment for a loan? what investments/expenses are associated with the 10m?

[BnF95]

Greenbelt has reached pretty much near saturation point.

The good news is that there is an existing market.

The bad news is that you'll have to compete with other resto/bars.

 

RoI in 3 years? Can be done, though Php10M is pretty small considering:

1.) Rental (of place), Ayala likes to charge fairly high.

2.) Renovation (including sound system, lighting, etc.)

3.) Staff salaries & training. Yes its easy to get idiot waiters here in the Philippines, but to get effective ones takes a LOT of effort.

4.) Launching Party - To be effective, you've got to get a good marketing crew. I was in the club biz for about 10 years. All I had to show for it was ulcers.

 

Hope this helps.

[Joey_Jeremiah]

Greenbelt has reached pretty much near saturation point.

The good news is that there is an existing market.

The bad news is that you'll have to compete with other resto/bars.

 

RoI in 3 years? Can be done, though Php10M is pretty small considering:

1.) Rental (of place), Ayala likes to charge fairly high.

2.) Renovation (including sound system, lighting, etc.)

3.) Staff salaries & training. Yes its easy to get idiot waiters here in the Philippines, but to get effective ones takes a LOT of effort.

4.) Launching Party - To be effective, you've got to get a good marketing crew. I was in the club biz for about 10 years. All I had to show for it was ulcers.

 

Hope this helps.

<{POST_SNAPBACK}>

 

if P10M is not a lot, what would be a more appropriate amount? how much would be allocated to rent, staff, renovations, etc?

[BnF95]

10M is a lot if it were say in Pasig (not Ortigas Center) or QC (not T. Morato / Timog area). But Ayala is notorious for high rentals and all sorts of strict conditions.

 

Also the size of the place is a good consideration. If it were a pure restaurant, I'd say 1 waiter for every 8 tables you put in initially. Hire extras during peak days. But as a bar (if successful), the ratio goes down to 1 waiter per 5 tables (+ extras during peak days). Add in your receptionist, cashier, bartender/s, cooks, chef, accountant, bookkeeper, storekeeper, maintenance, janitors, marketing personnel, etc. etc.

 

Of course it would be so much easier if you had a concept/gimmick in mind already.

[pogingpogi]

hi those who wants to have a sideline( no networking,no mlm, no crap) pm me large commission awaits you...pm me for details.....

[thrall]

Whatever business you put up,very important ang marketing.Be accessible to 1 billion people everyday.Get your own website.

 

Just visit (www.my.ws then type oliver1013 on the access code) fill in the space provided then watch the flash presentation.Then decide if you want to be a part.If you have any questions our group here in manila has all the answers, and is very willing to share it with our team members people online everyday.

[camus]

for entrepreneurs, who are interested in getting into around 10-15 seater call centers or MT business, i have a place for rent with complete licensed microsoft xp computers (16 units), internet access, 3 ton cabinet type aircon, tables and chairs (comfortable) in paranaque area. the area is in a building with easy public access. the space is around 50 70 sqms.

 

please pm me if you need more details....

[camus]

in addition, this used to be a upscale internet cafe, been operating for 1 year...around 70 sqms and monthly rental is reasonble and negotialble....

[IKI]

guys we are going to open a travel agency by December 2005, if you have ticketing needs local and abroad, tours and packages, etc. you can pm me for details. by December we shall also be putting up immigration consultancy for nurses bound for new zealand, i'll will be posting details soon. thank you. :cool:

[rikimaru]

Anybody:

 

Who can provide some information regarding opening up a small boosktore, particularly

technical books (I.T. related, electronics) ... anything to advise? Would it be advisable to have them

online? (similar to Ebay?) Do you know any success stories whose into this kind of business?

Im really trying to pursue those hard to find books...

 

Also Im also trying to find more information regarding taking on software development on a small

commercial level.... any information or advise will be of great help thanks!