Expertise in JV

Every generation needs a revolution - an entrepreneurial revolution

We have managed about half a dozen jv.  We can be very adept in formulating one and explaining one to an agent or a land owner.   Many do not understand the documentation and mechanics

We have successfully managed joint projects for the last two decades.  We are cooking about 2 now.  I hope we can close 2.  

Revival of other products and services

Every generation needs a revolution - an entrepreneurial revolution

5 years ago we were ahead of the memorial business.  It may be that when the entire family meddled in the business, we moved more slowly.   Many cooks spoil the broth.   

Some of the services being sold disappeared:  funeral service, cremation, chapel.  Today we had a gmeet.  The vision statement for C3 (Cremation, columbarium, chapel services) were gone from the mindset of the staff.  More hard work and work outs needed.   We need to synch our understanding 

Baliwag is more successful in expansion of offerings:  siopao, pares, toppings.    We are not so

Are we being left behind in the real estate game?

Every generation needs a revolution - an entrepreneurial revolution

There are a lot of changes in the industry and we have not kept up.  We were not keen on land banking

and we have been too conservatives.  We limited our financial risks by waiting for joint venture.

We also underestimated the market.   Our idea of the purchasing power of the buyers were based on the 70- 80 perception.  Now the needs and wants of buyers have changed.  We understand that the lack of conservatism on the part of the chiefs have caused them to fail.

Some realtors we know shifted to evangelization which is a business also

We missed out on:

1.  Cheap tax dec offerings

2.  Illegal pocket developments

3.  We did not plug our security on intellectual property

4,  Other real estate projects where we had memorial parks:    Calamba, San Fernando, San Carlos,

     Iloilo 

By being watchful, we can cope up again.  Search out for funders and financiers and land owners for JV.  Earn their trust and get noisy make them aware of what we have done