industrial partner & investor

[Earnest]

oi bro ayaw lng ko tawga og boss oi. ngilngig paminawon. hehehe... ako pa mn gani ang nagpatabang nmo... actually bro what you said is exactly how we are operating now. and ako gyud naghandle sa accounting side. ang akong concern is kaning sa mga agreements nga wala gyuy standards. gusto ko makakuha og idea on how others are dealing with this type of partnership. from shares, salary, operations, etc.
bro, if i were to ask you, unsaon nmo sa operations side nga matawag nmo nga fair cya nga arrangement?
thank you gyud kau bro

[lorenzoleo]

Nindot lagi sad ni na laing venture. Naa moy lectures about ani?

[babypaupau]

you should both set your grounds and put everything in paper. naa ra mo pareho dri sa cebu? kay if lagyo mo, there might be problems in terms of communication and expectations.

ang ako lng siguro masuggest for now is come up with a business plan together. that will help you evaluate and lay things out for your business. if your business is profitable and will sustain thru time.

[Earnest]

were both from dumaguete sis. but our business is in manila. shes the 1 handling full time sa operations and marketing while ako ang finances (based in dumaguete). magpahimo lagi mi og agreement gyud nga klaro sa lawyer ma-u gusto ko makakuha mga inputs who are/were in this type of business gani.
in terms of communication pasalamat lang gyud mi aning suncel ky dako gyud og tabang. hehehe.... connecting people gyud maski mag-karat2 na. hehehe....
sis kanang sa business plan imong pasabot, sa operations gyud namo?

[Earnest]

Nindot lagi sad ni na laing venture. Naa moy lectures about ani?

sunod lng ta sa thread bro ky were all learning here. d pa pd kau ko hanas aning ing-ani nga partnership...

[babypaupau]

were both from dumaguete sis. but our business is in manila. shes the 1 handling full time sa operations and marketing while ako ang finances (based in dumaguete). magpahimo lagi mi og agreement gyud nga klaro sa lawyer ma-u gusto ko makakuha mga inputs who are/were in this type of business gani.
in terms of communication pasalamat lang gyud mi aning suncel ky dako gyud og tabang. hehehe.... connecting people gyud maski mag-karat2 na. hehehe....
sis kanang sa business plan imong pasabot, sa operations gyud namo?

if you want, i can send you a copy of one i made for our business.

communication btw is not just talking on the phone, i suggest you as the investor should also be hands on on the operations coz dali ra kau mamanipulate ang figures. how long have you known ur business partner? how are you related?

[Earnest]

cg sis puede ko mangayo? thank you gyud daan kau...
yes i understand what you meant sa communications. ako lang g-hatagan og credit ang suncel sa ilang unlimited. hehehe...
we came from the same school sa elementary then sa college nagkaclassmate mi. weve known each other for years na. im not saying wa nay chances magkabikil mi kay close mi. ako lang is to keep on praying that the business as well as our partnership will grow gani...

[jojo_mouth]

bai earnest, actually bro inato ra man ang akong experience ani (small scale lang gud) but since i used to work on a multinational logistics company, i just apply to my industial partner what my bosses is doing to me in order muginansiya ang companya hehehe bawus sad ta oi.... regarding sa agreement, yes naa mi signed agreement, murag inato na by laws na mura nasad employment contract. naka state lang unsay main task niya and sweldo and profit sharing. every quarter mangayo ko ug targeted oprational/marketing expenses and projected income. if worth it then go, if not then discuss which expenses to be slashed until you are satisfied. ayaw pa tughi ug gasto. kinahanglan sad gyud observe or seat in sa operation so you will know unsay actual mahitabo and you will be able to visualized the entire operation.

ginagmay ra gud ni bro... share share lang ko...

[pogy_uy]

mangayo pud ko sis if its ok...

[babypaupau]

cg sis puede ko mangayo? thank you gyud daan kau...
yes i understand what you meant sa communications. ako lang g-hatagan og credit ang suncel sa ilang unlimited. hehehe...
we came from the same school sa elementary then sa college nagkaclassmate mi. weve known each other for years na. im not saying wa nay chances magkabikil mi kay close mi. ako lang is to keep on praying that the business as well as our partnership will grow gani...

one thing i learned about doing business is doing business with friends is very risky. as in. you're putting ur friendship on the line and you should take extra care. anyway, pm me lng ur email ad so i can send it.