Starting a business in the Philippines. Information required!

[tiger31]

to cut a long story short take your 500,000 to a casino and put it on the table at least you might have a chance of a return .do not invest in a parlour my friend trust me its money down the drain .your g f sounds like a high flyer which is bringing up red flags to me .as others have said 35,000 is far to much i live here so i know what im talking about .my rent is 5000 pesos a month for a 2 bed appartment so why does she need 35 k ?

[jake]

Although i agree with that the gf sounds like a high flyer doesn't mean that a parlor wont work. If you run a business here and do it properly it can succeed. I also have lived here for 14 years and everybody i spoke to said you cant make money with a business here. They where wrong!

to cut a long story short take your 500,000 to a casino and put it on the table at least you might have a chance of a return .do not invest in a parlour my friend trust me its money down the drain .your g f sounds like a high flyer which is bringing up red flags to me .as others have said 35,000 is far to much i live here so i know what im talking about .my rent is 5000 pesos a month for a 2 bed appartment so why does she need 35 k ?

[tiger31]

Although i agree with that the gf sounds like a high flyer doesn't mean that a parlor wont work. If you run a business here and do it properly it can succeed. I also have lived here for 14 years and everybody i spoke to said you cant make money with a business here. They where wrong!

yes you can make money but you need lots of money to get going don,t forget your going against the locals who have a big advantage in the way things are done here .good contacts are a must ,if you are spending big you will attract the attention of the local politicians who will want a slice of the action.

[London_Manila]

yes you can make money but you need lots of money to get going don,t forget your going against the locals who have a big advantage in the way things are done here .good contacts are a must ,if you are spending big you will attract the attention of the local politicians who will want a slice of the action.

Maybe i just got fed up with having to bribe EVERYONE for anything

[jake]

You don't necessarily need loads of money to get going here. 120,000 pesos was what we started with. Locals dont have a bigger advantage than you once you learn how things are done here. If anything i would say foreigners have the advantage once they are fluent in the language. Can see your point as have watched many a foreigner come here and fail but most of the time it was there fault. Sometimes they think they no better than the locals. Big mistake!

yes you can make money but you need lots of money to get going don,t forget your going against the locals who have a big advantage in the way things are done here .good contacts are a must ,if you are spending big you will attract the attention of the local politicians who will want a slice of the action.