New year, new set up.
After a dismal start, we're off to a fresh start this year. Hopefully this time there will be less of business unrelated problems, hehe. We managed to hire a new manager, and he is no other than our driver. After the family rift, he stepped up and was willing to help us so we gave him our approval. He hired an operator which is a friend of him.
The previous 50/50 sharing is now 50/25/25. We had a run of good catches already however we spent it on repairing bamboos that were broken during the wrath of typhoon Yolanda. Also we bought already a small boat only at 1k, ayos! Long term improvements are converting the bamboos to bigger/thicker ones. (take note this should have been done on the start, but enough of the past) and possible relocation of the baklad to more strategic location.
Aside from that no other issues were brought up during our discussions. Now we are roughly 30% on our ROI (return of investment). Slowly but surely we will get there. It has been 5 months now since we started.
Photo updates of our baklad and the new boat will be posted soon once I get back onsite.
P.S. Mudcrab business still on hold. SEAFDEC seminar will be sometime on June-July. According to horoscope, aquatic businesses will favor the Pisces Zodiac this 2014, hehehe
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