There are a few ways in having your own birdhouse in a quick, cheap and yet it is yours.
The main idea is to go on a Join Venture basis with a few friends of relatives.
If you are a newbie, the desire to own one is very strong until you just could not wait for a new day. You have this sleepless night, thinking about how can you own one with minum investment and little risk? So the idea of having a Join Venture (JV) between 2 to maximum of 5 people will be the best recomemdation.
These are many of the advantages that you will get but there are also some set backs.
Main advantages are:
1) U can own one fairly quick. This is because once, say the 5 of you, have agreed to a JV, you can set up a company and each will contribute their portion in buying the first birdhouse.
2) The amount of investment required is very little. Assuming the total cost is RM 250,000 each will only invest RM50,000.
3) Your exposure, if the project do not take off or failed, if any, is minimum. 50K is less painfull as compaired to 250K if U be on your own.
4) In the event the group chooses to use a new method to lure the swiftlets into the house, example spraying the aroma, the cost is share by the 5 of U. This is again not that painfull.
5) U now have your own birdhouse where U can learn as much as U want to. U can visit the house as often as U can and monitor the progress yourself.
6) Once the birds starts to built their nest U will eventually share the income between the 5 of U. U now can hold and taste the fruit of your investment much faster as compaired to on your own.
7) The JV Company can later morgage the birdhouse for a price higher then what the JV purchased and used the money to buy a few more birdhouses. In this way the JV can easily have more then one unit in a very short time.
However there are some negative points that need to be awared:
a) U need to get to know all the parties first. U need to meet all of them and get a lawyer to come out with the working relationships and how to share the piece of the birdhouse harvests.
b) U need to set up a JV company that will be owned by the 5 partners. Each shall be evently sharing and contributing the cost of buying, construction, modify and legal cost.
c) Each time U want to visit the birdhouse, all members must be informed or at least two of the partners must be there. This is to avoid any possible mistrust.
d) When there is a harvest, all proceed shall be equally distributed. This might be very small in the first 3 to 5 years. Once the house do well the income will be tremendous.
The most important is to select the right partners and a leader of whom U can trust and rely in getting the birdhouse organised.
I believed this is the best option for those who are new and wanted to learn on the chellanges of building a birdhouse.
The opportunity is great and I am sure there are many who are keen to opt on this arrangement.
If U are serious and interested kindly email me or call me for a discussion.
As at November 14th, 2007, I have already two persons who have make the commitment and we are looking for three more.
Harry
Latest: One more person from Indonesia have confirm his interest to be a partner.
Now we need two more. First come first serve basis.
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