Thursday, June 6, 2024

Would you go for faking of documents just to get a project push through

Every generation needs a revolution - an entrepreneurial revolution

There was a project/business proposal made last February.   We said that we can push through with this if we are able to pass through hurdles:   1.    Ok from the LGU legislative body,    2   that the property can be titled so that license to sell can be obtained.    We were able to have audience with the Mayor and he verbally approved the project, but the more expensive tedious procedure has yet to come  Obtaining the resolution.   

As for the title, the agents who were working on the property said they could  using the Free Patent way, and getting the waiver from an Estate.     (They claim ownership of some 3,000 hectares in this place)   However there seems to be a choice between two entities who will give the waiver.  No one seems to to really know who will be legit entity to deal with.  There are expenses to be incurred if for each of the distinct personality who will give the waiver.  And titling could be complicated and more expensive

May be on this basis, another proponent backed out, because of the financial size of titling and its complexity

This post suggested that the problem be tossed back to the land owner since the responsibility for the titling belongs to the land owner.   

Lately there are suggestions that in order to proceed with the titling:   documents, approved plan be ante dated  (That means faking some documents)

As I have said let that risk be shouldered by the land owner

Would you agree to faking documents just to get approval?

Wednesday, June 5, 2024

Biggest breakthrough, biggest threat - loss of job

Every generation needs a revolution - an entrepreneurial revolution We have created a bigger though creator. But we fear loss of jobs

So much tasks that people do that they will do easily, Or cant do.     

Setting up gasoline stations - is it an easy business?

Every generation needs a revolution - an entrepreneurial revolution

Once this post was approached by a former staff to invest in gasoline station.  This later was involved in what was labelled as a scam involving a former celebrity as a chairman

I would not believe their pitch because:   1. there is so much competition,  2.  there are so much dynmaism in the transportation industry, 3.  even in the fuel supply chain:  the ups and down of prices.   You must know and be able to estimate the high and low and plan your purchase accordinagly

Let us say you buy your supply at P40.00 and suddenly the new supply is at P35.00.  How do you manage the P5.00 down fall. Will you be supported by the oil company?

What about the renegade suppliers who do not pay taxes?

Even the managers of big oil who manage their own stations that the govt impose so much taxes, and their margins are so small.  They make more money and stable at that renting the spaces in expressway to stores, and foodstuff sellers.  

If they say that, how could you make profits😊

Better think of something else.