Moving to and opening a photo booth in the Philippines
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https://www.expat.com/forum/viewtopic.php?id=456830
bsmith14u wrote:and will a photo booth do well?
I think that depends a lot on where you are situated... The areas I have spent time in, the local people seem to have little spare income left.
I just read a pinoybisnes webpage called "6 Reasons Why Starting A Rent A Photobooth Business Is A Bad Idea"
It scared me off, but I have no idea on that type of thing anyway.
About the monthly money you have, if you know how to navigate and budget , you will live comfortably here. But avoid living in overrated destinations, such as Manila ,Boracay or Cebu. They are starting to be really expensive because of having many expats.
I don't think a photobooth will do well here. Many locals, even those who are low income, have cellphones or tablets with which they can take selfies, share them online, or print via bluetooth. There are also many full service photo shops which can take pictures for IDs, visas, and passports.
Retiring in the Philippines is expensive. You will have to economize, i.e., live as much as you can like a local, if your income is just US$2000 / month. Also, you will need to avoid certain pitfalls and risky ventures: overspending, setting up a business, marrying / doing business with an opportunistic local.
The advantage here is US$2000 will be enough to live by comfortably without your having to work. In the US, one might have to continue working until one is disabled or dead if one just has US2000 per month.
Setting up a business here is complicated, with so many confusing steps to follow. (Setting up an LLC in California was a lot lot easier and quicker for me than setting up a single proprietorship here.) You can't have full ownership of a business. You'll have to have a Filipino partner. This could be risky as you might end up with unscrupulous partners, feeding you will all sorts of misinformation.
Say you were able to set up your business with honest partners, you would still need to establish contacts with party planners and coordinators and caterers. Unfortunately, many of them already have photobooth contacts. Also there are a lot of businesses offering photobooth services.
My advice: Starting a business can be a big headache. Just be content with being able to retire here comfortably on US$2000 per month income.
There are photo services everywhere.
i liv e ok on less than 1000 usd per month -have a side business that has money trickling in , a sari store that my wife runs .the visa extension can be a pain in the ass but if you're married to a filipina you're able to leave the country and return with ph wife in tow and get a year visa stamp on your passport free ,thats a big savings -like 6000 plus every 2 month .a promo tour to hk or other asia spots are educational as well as fun and cheap promos are easy to get.
i dont know about mall photo booths ,i think that could be a good business opportunity if set up right . risky though since there are so many people taking pics from cell phones etc ,what do they need a photo booth for ?maybe arts and native crafts would do well .mall space is very expensive .dweezerdog out
I saw your site, well done! I also read you accept Paypal payments but credit cards can only be swiped in person. That is okay but I can teach you how you can accept credit cards online even without a secure shopping cart. But I will not post it here, I can tell you how sensitive info can be sent confidentially.
FilAmericanMom wrote:I just clicked the link, now ok'd by the blog's admin. Oh, that type of photobooth. You'll need to determine customs fees. Does the equipment work on 220v? If it gets broken, can you fix it yourself? If not, do you think a regular electronics shop would be able to fix it?
Setting up a business here is complicated, with so many confusing steps to follow. (Setting up an LLC in California was a lot lot easier and quicker for me than setting up a single proprietorship here.) You can't have full ownership of a business. You'll have to have a Filipino partner. This could be risky as you might end up with unscrupulous partners, feeding you will all sorts of misinformation.
Say you were able to set up your business with honest partners, you would still need to establish contacts with party planners and coordinators and caterers. Unfortunately, many of them already have photobooth contacts. Also there are a lot of businesses offering photobooth services.
My advice: Starting a business can be a big headache. Just be content with being able to retire here comfortably on US$2000 per month income.
Hi Ms FilAmerican Mom, I was wondering how I may message you in private. Would appreciate that so much!
Hope that helps and isnt too negative
katefs4 wrote:Hi Ms FilAmerican Mom, I was wondering how I may message you in private. Would appreciate that so much!
Hi katefs4. You can send me a private message via this blog / website.
katefs4 wrote:Hi FilAmericanMom, I tried but it says you have disabled private messages
Sorry about that. I didn't know I had disabled private messaging.I enabled it just now.
So Mr. Marine, as long as you have a good product as you say, maybe even innovative...just know how to strategize...For all we know his product is indeed unheard of in the Philippines.
Me and my friend used to run a small business. Before we take over this business, the owner told us it is only earning 3000 for whole day. When were the one who manage it we just find out it ls earning for more than that.15,000 a day and 30,000 a day during peak season. I don't need to explain this yo you.
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