Philippine Business You Can Understand
A few days ago I wrote about a business anyone could start and run before they move to the Philippines and then after they made a move. I can tell by the “reads” on that post and the comments I didn’t get that it seemed perhaps too obscure or specialized for some. If the thought of “GPS” makes your eye glaze over, remember that same busienss model would work for thousands of similar “tedious tasks” that are currently being done every day by “home country” businesses.
- Recording daily cash transactions and register tapes into company ledgers
- Verifying time and attaendance records and certifying hours for payroll purposes
- Recording daily commission sales and crediting them to the proper sales agents
- Balancing workers time sheets with client billings to make sure hours are accounted for
- Documenting absences and attendance days in school and submitting the government forms
- Accounting for fuel pumped into company or agency vehicles and ‘balancing’ the delivery records with fuel used to provide accounting data and find ‘leaks’ , malfunctioning vehicles or thefts.
The list could go on and on. That fuel monitor one strikes me as having a huge scope. There are 6,000 plus school districts in the US alone and kore than 90% of them operate or contract school bus service. One who was my client in the past had 2 to 3 people full time who did nothing except reconcile fuel put into their buses with miles driven versus miles on the odometer when the buses went in for service. Pretty mundane work that cost the school district a fortune in salaries for people not being used in their highest and best purpose at all. With today’s VOIP phones, eFax services and near-universal Internet access you can set op ‘bean counters’ who would be very happy to be paid a market-rate wage which would still be way less than the ‘home country’ employer is paying now.
This ties in directly with the latest Philippine governement ‘busines sowner’ visa program … I wrote about it here, also see Bob’s long-term staying article here. Find a tedious task that needs doing in your home country and set up an offcie (again, an old Internet cafe would work great) and hire folks here in the Philippines to do the task. Once you have 10 employees you have a full-fledged visa, and an income. Hard to beat.
Successful Photographer and Marketer, Philippines
But maybe all of these substantial business thoughts aren’t of interest to you. Some of you may be like me, retired, or close to it, and not ready to get on the multi-employee business teadmill. Her’s a perfect example of a foreigner earning his living in the Philippines while he lives here and enjoys life based mainly on hs artictic and creative talents. This isn’t a sales picth, I don’t even know the guy, but I saw a web site for a Philippine business the other day that really caught my eye and I followed the link to the creator. Notice he has an actual business office (on the Subic Bay Freeport, so minimal taxes and hassles) and if you are into photography, web design or buisness promotion there is no reason at all you can’t emulate this sort of success.
The majority of Philippine businesses do an abysmal job in marketing into the foreign market, even those attempting to attract tourists or foreign customers. This field is wide open for those who wnat to take the plunge. You abslutely can earn aliivng in the Philippines, if you want to.
Related posts:
- Philippine Business You Can Understand — Three
- Philippine Business You Can Understand — Two
- Philippine Business You Can Understand — Four
- Outsourcing Business Services in the Philippines
- Proof That My Philippine Business Advice is Sound
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