Comments on: Philippine Business You Can Understand — Two http://philfaqs.com/live-there/investing-there/philippine-businesses-you-can-understand-two/ Move Philippines, Jobs Philippines, Business Philippines Sat, 31 Jul 2010 04:38:14 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Philly http://philfaqs.com/live-there/investing-there/philippine-businesses-you-can-understand-two/comment-page-1/#comment-6647 Philly Wed, 19 Nov 2008 14:42:03 +0000 http://philfaqs.com/?p=1035#comment-6647 Oh yes a good point Bob, however two things. 1., they have been 'making their nut' for three years now, since the mall opened and 2., I have bno iddea what the rent actually is but remeber it's only a kiosk, a little squer of gour counters put together in the middle of the corridor, less than 2 meters square. No walls no roof. I'm sure Tiro Henry makes them pay somehting but it's likely not astronomical. Funny you mentioned that because I was thinking after I wrote the piece that I should have dropped in the mall admin office and treid to find out a rent ballpark figure. They would never do anything like the business they do in the mall if they were in some cheap little stall front on a side street, and even the smallest store wuld be way bigger thna they need, so I'm sure it's worth it to them. I talked to my dentist in the exspensive My dentistplace in the mall a while back and she said the rent at the mall is the best investment they ever made ... and they have a good size area. All the dentists there were in practice before in the typical little office on the front of a house or on the second floor over a babrer shop and cheap as those arrangements were, the business in the mall more thna h\justifies the rent. In fact i laughed when she told me that, a Filipino business person _not_ complaining about costs? Apparently she learned alittle about business while she was also studying teeth ;-) Oh yes a good point Bob, however two things. 1., they have been ‘making their nut’ for three years now, since the mall opened and 2., I have bno iddea what the rent actually is but remeber it’s only a kiosk, a little squer of gour counters put together in the middle of the corridor, less than 2 meters square. No walls no roof. I’m sure Tiro Henry makes them pay somehting but it’s likely not astronomical. Funny you mentioned that because I was thinking after I wrote the piece that I should have dropped in the mall admin office and treid to find out a rent ballpark figure.

They would never do anything like the business they do in the mall if they were in some cheap little stall front on a side street, and even the smallest store wuld be way bigger thna they need, so I’m sure it’s worth it to them.
I talked to my dentist in the exspensive My dentistplace in the mall a while back and she said the rent at the mall is the best investment they ever made … and they have a good size area. All the dentists there were in practice before in the typical little office on the front of a house or on the second floor over a babrer shop and cheap as those arrangements were, the business in the mall more thna h\justifies the rent. In fact i laughed when she told me that, a Filipino business person _not_ complaining about costs? Apparently she learned alittle about business while she was also studying teeth ;-)

]]> By: Mindanao Bob http://philfaqs.com/live-there/investing-there/philippine-businesses-you-can-understand-two/comment-page-1/#comment-6644 Mindanao Bob Wed, 19 Nov 2008 12:54:40 +0000 http://philfaqs.com/?p=1035#comment-6644 Hi Philly, one thing about that graphics business though.... there is one part of it that almost certainly is not low overhead.... rents in the mall are certainly not cheap! :lol: Hi Philly, one thing about that graphics business though…. there is one part of it that almost certainly is not low overhead…. rents in the mall are certainly not cheap! :lol:

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