You could create a new deal when you are the end of the wall and nothing would seem to work

Nation building via learning and being the best in business

This post had a meeting with a project officer and there was a business proposal:   the partner had a 1 hectare property in mind priced at P1,000.00 per sm so for a total of P10M.  However the proponent wants us to finance the project however we had alsmost a 50-50 deal and we shouldered the cost of goods sold and operating expenses and our margins were very minimal.  

The project looked doomed since it was one sided.  The other party was a former LGU head (they seem to share the same business behavior) and was used to a raw deal:   we finance the purchase, we get 50% -50% almost And we would landbank it he does not want us to get the project approved by the LGU - ilalandbank pa.    Lugi walang roi for the 10m.

So I did not like the raw one sided deal and participate no more in this kind of rip offs

I got a brilliant idea.

So I proposed a deal.   we raise the entire amount 50-50 but 80:20 na kami   (since former deal was 100% land sa kanya, and then 50% lang ng share niya iraise niya.   Then we reservation of 20% for x number of a lots, and same for b lots, we get paid back for our initial investment since there is an inherrent demand for the product. 

For the head, I will give x amount of com.

However there are a number of things we do.

What do you think of this deal.