small time contractor
+3
mcdomate
bokkins
kimpoy
7 posters
small time contractor
Medyo nagbabalak akong sumabak sa negosyong construction sa Pilipinas at nag iipon, mga magkano kaya ang starting capital para sa small construction business?Any ideas TIA....
kimpoy- CGP Newbie
- Number of posts : 84
Age : 46
Location : middle earth
Registration date : 26/03/2009
Re: small time contractor
Dapat may client ka muna. Say 1 million na project. Dapat meron kang 1 million na back up. Kailangan mong maglabas ng pera sa simula hanggang kalagitnaan ng project. Kahit progress billing yan, may delay pa din ng kahit konti. Yung retainers fee mo, usually yan ang profit mo. or half ng profit mo. Saka after the project mo pa makukuha.
Kung titingnan mo, ok lang kahit wala kang gaanong pera. Pero ang same amount na startup, makakatulong sayo kasi wala kang backlog at hintayan sa pondo. Hindi ka din pwede mag-miss ng pasahod, kasi linggohan din nilang budget yan. Mahirap ang buhay construction worker. Kaya kailangan mong magbuo ng loyal na team, meaning dapat maalaga ka sa tao.
Yun lang ang masuggest ko. ito breakdown ko.
1. good foreman
2. loyal workers
3. good accounting
4. dont mix business money with personal/family money
5. good client.
Good luck!
Kung titingnan mo, ok lang kahit wala kang gaanong pera. Pero ang same amount na startup, makakatulong sayo kasi wala kang backlog at hintayan sa pondo. Hindi ka din pwede mag-miss ng pasahod, kasi linggohan din nilang budget yan. Mahirap ang buhay construction worker. Kaya kailangan mong magbuo ng loyal na team, meaning dapat maalaga ka sa tao.
Yun lang ang masuggest ko. ito breakdown ko.
1. good foreman
2. loyal workers
3. good accounting
4. dont mix business money with personal/family money
5. good client.
Good luck!
Re: small time contractor
kala ko pwede na kahit mga half a million.....so another year na naman na pagtitiis dito sa abroad...Thanks for the tips bokkins.Actually meron nako mga client noon tinanggihan ko ang construction ...pero yung mga kumontrata,mayaman na ngayon..ako ito pa din...kaya susubukan ko na din sumabak....salamat.....
kimpoy- CGP Newbie
- Number of posts : 84
Age : 46
Location : middle earth
Registration date : 26/03/2009
Re: small time contractor
Ok na din yan. Simula ka muna sa mga renovations lang. roofing malaki ang kita, mabilis pa gawin.
Re: small time contractor
Kung papasok ka sa contracting. start small then go big. Start from small projects that usually takes 1 month-2months time of construction para makuha mo kagad yun inilabas mo pera. pero make sure na progressing billing ka para you know your being paid. sad to say ang daming balasubas ngayon. i think your half a million will be fine. as long as you use the money in a 70%-30% ratio. 70% coming from the client and 30% coming from your own company. Usally 30% is for your equipment. Tama si bokkins na wag mo pag intersect ang personal money sa capital mo. make sure na magkahiwalay kundi you'll be in big trouble. my 2 cents. goodluck on your business.
mcdomate- CGP Newbie
- Number of posts : 11
Age : 43
Location : Quezon City
Registration date : 11/11/2011
Re: small time contractor
tama...hiwalay ang budget para sa personal at hiwalay para sa business para madali makita ang cashflow...at kahit homebase lang ako dapat hiwalay pa din ang office...para di magulo...maliitan lang muna...tama din yung maliliit na renovations,weldingworks,etc...subcon muna....
kimpoy- CGP Newbie
- Number of posts : 84
Age : 46
Location : middle earth
Registration date : 26/03/2009
Re: small time contractor
any other tips and suggestions from contractors and business owners here? More encouraging words....towards pinoy entrepreneurship!!
kimpoy- CGP Newbie
- Number of posts : 84
Age : 46
Location : middle earth
Registration date : 26/03/2009
Re: small time contractor
maganda talaga sir, start ka muna sa mga maliliit na project, kahit maliit lang ang kita, marami kang matutunan on how to manage a construction, malalaman mo din kung ano ano ang mga gastos sa construction, i suggest din paunti unti invest ka sa mga tools and equipment kung kaya na, gawa ka rin ng bar chart para malaman mo kung on schedule ang project mo, kahit 1 month project lang, atleast kapag ganun, alam mo kung kailan mo kailangan papasukin ang mga skilled workers mo,
whey09- CGP Guru
- Number of posts : 1869
Age : 42
Location : Quezon City/ Pampanga
Registration date : 02/10/2008
Re: small time contractor
makisingit na ako dito sir kimpoy since related din tanong ko, ano-ano po bah mga requirements sa pagtayo ng small time construction business sa atin?
Rogan- CGP Apprentice
- Number of posts : 252
Age : 41
Location : Javier Leyte
Registration date : 01/10/2010
Re: small time contractor
add ko lang.. para hindi ka habulin ng BIR.. dont put any words like "CONSTRUCTION FIRM" OR "BUILDERS" sa business permit mo.. malaki ang tax diyan.. mas maganda pa "DESIGNS" OR "DESIGN & SUPERVISION" or kung kilala ka na talaga apelyido na lang.. para pwede mong sabihin sa BIR na hanggang supervision lang ang bayad sa iyo sa project dahil owner mismo ang may hawak ng budget..
in this case tax evader ka na.. hahaha..
in this case tax evader ka na.. hahaha..
![Twisted Evil](https://2img.net/i/fa/i/smiles/icon_twisted.gif)
mokong- CGP Guru
- Number of posts : 1926
Age : 41
Location : Nagoya, Japan
Registration date : 02/03/2009
Re: small time contractor
mokong wrote:add ko lang.. para hindi ka habulin ng BIR.. dont put any words like "CONSTRUCTION FIRM" OR "BUILDERS" sa business permit mo.. malaki ang tax diyan.. mas maganda pa "DESIGNS" OR "DESIGN & SUPERVISION" or kung kilala ka na talaga apelyido na lang.. para pwede mong sabihin sa BIR na hanggang supervision lang ang bayad sa iyo sa project dahil owner mismo ang may hawak ng budget..
in this case tax evader ka na.. hahaha..![]()
Parang yung nagpapagawa lang sakin, Design & Supervision lang siya. Peru siya talaga ang contructor.
![Laughing](https://2img.net/i/fa/i/smiles/icon_lol.gif)
gerico_eco- CGP Apprentice
- Number of posts : 573
Age : 40
Location : San Pedro, Laguna
Registration date : 12/07/2009
Re: small time contractor
may category naman yan if saan mo gusto macategorize. ang pinaka mababa jan is trade contractor which is usually for suppliers. inquire ka na lang sa dti to help you futher. for me mas maganda na legit ka since you will be acquiring good connections. siguro just choose yun pinaka mababa. then better have someone mag hahawak ng books mo para mas maayos ang cashflow mo. magulo ang mundo ng accounting. for BIR filing mo lang is single proprietor. mas mababa ang hinihingi. better inquire for your own safety. my 2 cents...
mcdomate- CGP Newbie
- Number of posts : 11
Age : 43
Location : Quezon City
Registration date : 11/11/2011
Re: small time contractor
gerico_eco wrote:mokong wrote:add ko lang.. para hindi ka habulin ng BIR.. dont put any words like "CONSTRUCTION FIRM" OR "BUILDERS" sa business permit mo.. malaki ang tax diyan.. mas maganda pa "DESIGNS" OR "DESIGN & SUPERVISION" or kung kilala ka na talaga apelyido na lang.. para pwede mong sabihin sa BIR na hanggang supervision lang ang bayad sa iyo sa project dahil owner mismo ang may hawak ng budget..
in this case tax evader ka na.. hahaha..![]()
Parang yung nagpapagawa lang sakin, Design & Supervision lang siya. Peru siya talaga ang contructor.
magsimula sa maliit pag lumaki na at kilala ka na.. puwede mo ng e add ang construction or builders..
![Very Happy](https://2img.net/i/fa/i/smiles/icon_biggrin.png)
mokong- CGP Guru
- Number of posts : 1926
Age : 41
Location : Nagoya, Japan
Registration date : 02/03/2009
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