I'm currently running a business wherein I didn't put up any capital. I manage the money of my relatives and a few close friends and give them a higher yield than what banks give (I normally give a return of 3% to 5% in a month). It is a win-win situation because on their part, they get to put their money into something that could provide a better growth, and on my part, I can do better than 5% a month most of the time.
3% a month is 36% in a year, 5% a month is 60% in a year. That is a good growth on their part.
ROI is very good because assuming I get an average of 8% return a month, that is around 96% return in a year and take 60% away from it, I get a net of 36% gain from their money. That is some sort of commission or fee on their part.
Since most of clients are my relatives and very close friends, I didn't need any permits for it. However, in the near future, I'm looking forward to have this business of mine registered.
10K each mi sa akong business partner.
now going strong for almost 2 years na (turning 2 this August 2012)
Business: Photobooth Rental
123SMAYL Photobooth Cebu | Cebu Photobooth Rental
double post
Last edited by -_-; 06-21-2012 at 06:17 PM. Reason: replied without the original quotes from previous message
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