that P50,000 is just a starting figure
i'm sure it won't be enough
--
cash is required from the very beginningAfter acquisition of the tooling (the hard part; other components are off-the-shelf), isn't manufacturing the next step that requires cash? And does manufacturing require as much money as acquisition of tooling?
you'll need a place to do your manufacturing
either you rent a site or acquire a site
like you said, you'll need to buy tools
then you'll need to hire workers
then you'll need raw materials and parts suppliers
sigurado many other expenses will arise (lalo na when dealing with govt people... permits, lagay)
that's a lot money spent before earning a single peso (well, that's business)
it's a gamble
if your engines can't compete with Robin or Honda or China engines, say goodbye to your capital
but you'll never know until you try right?
the Filipino can
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