Philippine Economy Talk

[shadow]

*uls, paki explain nga resto business? Wala ba sila backup capita para dito sa couple of months na na closed sila? Ano ba yan hand to mouth ba yun capital sa ganyan? Paikot lang ng paikot ng pera kaya pag na stop wala na?


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[uls]

*uls, paki explain nga resto business? Wala ba sila backup capita para dito sa couple of months na na closed sila? Ano ba yan hand to mouth ba yun capital sa ganyan? Paikot lang ng paikot ng pera kaya pag na stop wala na?


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depende sa may ari shadow

kahit hindi resto business...

kahit mayaman ung may ari pag nalulugi ang isang business isasara nila kesa kukuha sila ng pera sa savings to keep the business alive

compartmentalized kasi ang pera

meron wall separating personal pera sa business pera

kung nalulugi ung business at ubos na ang business savings they'll shut it down

di pwede galawin ang personal wealth

[uls]

ung ibang may ari willing naman gumastos to keep a business alive

so depende sa may ari

[_Cathy_]

ung ibang may ari willing naman gumastos to keep a business alive

so depende sa may ari

Naalala niyo yung business owner na nagpost ata sa Top Gear or James Deakin, yung nature ng business nila was going obsolete na (similar to the typewriter), I think it was metal pins or college ring ata (can't remember) He sold his classic car ata to keep the business alive because he did not want the workers who have been with them for decades to be jobless, but he could only go so far nga.

[uls]

Naalala niyo yung business owner na nagpost ata sa Top Gear or James Deakin, yung nature ng business nila was going obsolete na (similar to the typewriter), I think it was metal pins or college ring ata (can't remember) He sold his classic car ata to keep the business alive because he did not want the workers who have been with them for decades to be jobless, but he could only go so far nga.

pag hindi mo stop ang losses pati ikaw may ari lulubog


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re resto

i don't think it's about ung "only took 3 months to kill a business"

it's more like the owners are thinking ahead and they see this crisis isn't going to end soon (like what Sir Boybi said)

what if 1 or 2 years pa ito

[shadow]

depende sa may ari shadow

kahit hindi resto business...

kahit mayaman ung may ari pag nalulugi ang isang business isasara nila kesa kukuha sila ng pera sa savings to keep the business alive

compartmentalized kasi ang pera

meron wall separating personal pera sa business pera

kung nalulugi ung business at ubos na ang business savings they'll shut it down

di pwede galawin ang personal wealth

Iniisip ko sobrang liit ng profit margin kaya kalingan ikot ng ikot pera to keep it going sa mga restaurant business. Parang ang iikli ng pisi kasi.


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[uls]

Iniisip ko sobrang liit ng profit margin kaya kalingan ikot ng ikot pera to keep it going sa mga restaurant business. Parang ang iikli ng pisi kasi.


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isa yan

para dun sa may ari the business has to be self sustaining

kailangan kaya ng business to keep itself alive

huwag mag expect ung business na i-subsidize siya ng ibang business ng may ari or pera galing sa personal savings

kung hindi kaya ng business buhayin ang sarili, sorry... shut down

[c_cube]

Not enough sales to cover monthly overhead expenses.

Di ka na maghihintay kainin lahat ng kinita tas uubusin lang ng overhead monthly. Lalo na yun nagrerent lang ng pwesto.

Tingin ko kung sarili mo lugar pwedeng suspend lang ang operations tas balik trabaho nalang kung magnormalize na.

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[c_cube]

Sabi nga eh, pahabaan nalang ng pisi.

Kaya hanggang saan kaya ng business owners to operate at loss

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[uls]

Sabi nga eh, pahabaan nalang ng pisi.

Kaya hanggang saan kaya ng business owners to operate at loss

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yeah how long can you keep paying salaries, bills etc pero ung kinikita mo less than expenses

kahit meron ka makatabing pera di mo gagalawin yan

shut the thing down