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Free Philippine
wallpapers
Reality of looks different - neglect business due to restrictive ownership of business. Short term lease contracts are little inviting to invest in the future and improve as necessary to remain competitive in business.
As a result of existing economical problems - many Philippine business ventures have lost contact to international competition. Low salaries alone is no attraction for investors. Political stability and legal sound business basis are needed to offer the security necessary to invest a life times savings and earnings into a new business venture. While some of you may have venture capital to risk or lose - others just invest their lifetime savings into a better future. Such future needs to be stable and solid in a legal environment that gives the necessary trust into politicians and laws. Successful business needs to be made with long time perspectives in mind - life time planning or even beyond. Some among you may want to construct a future to be forwarded to our own children. A sound gift solid and health only can be given to your next generation.
Small family business often can more - with all business inventory mobile and fitting into a single small truck or pick up car - short term contracts are no real business survival problems at all. For large scale investments such as manufacturing, hotel or tourist oriented business a long term planning beyond 5-10 years or even a lifetime investment might be desirable for inner and outer stability of life and economy.
Hence if you are retired and looking for a small family type of business venture - no problem - if however you are a high tech engineer or investor looking into 6 or more digits us$ investment - then careful study of opportunities as well as alternate investment countries might be advised.
Download free wallpapers from the Philippines - for questions please be welcome to use my Forum Asia - Philippines or join the chat room
One of the key disadvantages for investment in the Philippines and for real success in business - particularly in high finance business is the fact that foreigners never can own property. Hence many of the tourist business properties are leased from rich local owners at far too high annual leases. Even worst - sometime no long term lease is available and many investors have to cope with a year by year lease contract.
As a business man you instantly realize that no business can be promoted and operated on a year by year contract. Many of the investment may be for 5 to 10 or more years or even longer. The typical situation I have seen during my past 6 years of living in the Philippines is that usually a lease includes just the plain real estate - bare land !! - and investors have to pay all construction, electricity and other amenities need to be connected to such a property at the expense of the investor and while some are lucky to get a 5, 10 or even 25 year lease - hence a security to plan and build upon, others like a hotel i visit these very days, have to cope with a one year at a time lease contract. Hence no long term investment can be done in such situation and competitiveness is lost in nowadays fast growing and fast improving business world.
Thousands and ten thousands of us $ investment in improving infrastructure and quality of a business each year only is possible for long time leases. When considering to "purchase" a resort or other business - keep that in mind and make sure you get a truly secure long time lease with all the bank security and legal security possible. As a foreign investor usually you may expect the law to be on the local side in case of any legal battle between landlord and you as the investor.
A typical lease for a small resort hotel of 10-20 rooms easily gets up to 50'000.- to 70'000.- PHP per months for the bare ground - leaving you all the burden of building up the infrastructure and buildings ... you can imagine that such adventure really means financial venture capital and you may be blessed in your business venture or go broke within years.
Last updated Fri, 16 May 2008 21:50:38 +0800 PHT
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