Dumaguete Info Search


Starting a business

Discussion in '☋ Expat Section ☋' started by yawning, Apr 21, 2008.

  1. Good Samaritan

    Good Samaritan DI New Member

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    It would be easier if you were 35 years old and above!That way you could have a SRRV which allows you to own a business. But I guess, the easiest way would be to find yourself a Filipino business partner that you can really trust
     
  2. yabs

    yabs DI Forum Adept Restricted Account

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    aLWAYS HAVE money coming in from outside
    never rely on money you hope to make here to fund your stop in paradise
    and only invest what you would be prepared to lose
     
  3. daffs

    daffs DI Forum Adept

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    having businesses that you cannot put it all in your name is so tricky....
     
  4. garbonzo

    garbonzo DI Senior Member Veteran Marines

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    Have to write this in my diary - but I actually agree with yabs on this one. I've lost count but I would know of a couple dozen westerners who've tried businesses in the islands over the last thirty years...I only know of one who was successful in the long-term. There isn't much money around....partners can rob you blind or sell you out...the competition is severe...and very often competitors (and those officials not adequately bribed) will stop at nothing to destroy your business. IF you need an income stream...leave the money out of the country...Much safer there...
     
  5. yabs

    yabs DI Forum Adept Restricted Account

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    well said
    why not seems the most succesful
    any ideas why?
    apart from good food and only disco in town of coirse
     
  6. eddy

    eddy DI Member

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    I liked why not when I lived there, good food , good service and a nice view, I miss it , just to echo the earlier comments, make your money in the west spend it here, it don't work the other way around!!!!
     
  7. nalyn24

    nalyn24 DI Member

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    Hi Yawning, welcome here....101% here have knowledge about business, etc. especially Rhoody.....yes rhoody was right, you can't open business in your own name.....its easy to start a business after u marry a filipina.....goodluck....
     
  8. ronahhannah

    ronahhannah DI New Member

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    hi pips, i want to start a business in dumaguete. just a food booth. does anyone have an idea on the price if i would rent in lee plaza? also how much is the cost of the business permit?... tnx :smile:
     
  9. tubigboy

    tubigboy DI Forum Adept

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    I have a better idea for you. Go to the Sy family and ask if you can make a kitchen in thier new building that houses the call center. You will have plenty of traffic (people) and you might get a better deal. Just a thought.
     
  10. ginni6

    ginni6 DI Member

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    why not dumaguete needs some restaurants in good quality and not only american fastfood
     
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