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 For Small and Medium Business Owners, Come In and Share Your Biz.

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ah_suknat
post Apr 13 2011, 03:58 PM

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QUOTE(Awakened_Angel @ Apr 13 2011, 07:35 AM)
houing stocks... due to its bird hosue strategic location, i`d build a BH there as well. but even with BH & stock, some space are left empty...
*
the best I think would be some roofted livestocks, such as chicken, fish, or rabbit farming, I dont think vegetables are suitable because later the birds will eat the fruits.. unroofted lives stocks such as goat and cow also not suitable cuz later they eated the birds poo poo and get sick...
p0wer2003
post Apr 13 2011, 04:18 PM

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Failure :

1. Girl accessories on Malay Night market
Capital : 10k
Partner : 1
Location : Night Market booth.
Monthly/Daily Income : The peak sales is RM800, the lowest RM0
Workers : 1 worker. Based on sales commission with base salary RM 35 daily. working 6 days in a week
Duration : Bear the lost for half a year.
Opinion : Night market time from 8pm to 2pm, lousy partner who always think about shares and didn't contribute anything. Poor management against indonesian worker who always steal the profit from good sold. Rainy day means can't open stall because will be no pedestrian walking pass. Stock ruined due to the laziness of worker putting up rain shield while raining. Almost 80% spoiled, after restock, it happens again. Worker went on vacation for 3 days without given perior notice and it always happens when he get his salary.

This post has been edited by p0wer2003: Apr 13 2011, 04:20 PM
georgelimsk
post Apr 13 2011, 05:11 PM

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u not there with ur worker?
kakaakajes
post Apr 13 2011, 05:50 PM

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thanks to everyone who shared/commented; really appreciate it

i know every business is not easy to startup and even more not easy to run.
actually i dont even know whether its what i should do, given i have no work experience and just out of uni. and best thing is i dont know the malay language at all (i grew up overseas; which is also limiting my job options which is why i thought of a business).

anyway to (possibly) curb the problems of a pasar malam stall, perhaps a more stable 'store' (read LORRY) could be used? also, a vehicle would be more mobile in terms of stall location in the pasar malam; and also when the pasar malam is not operating (eg raining, or in the afternoon) the vehicle can serve the school/office crowd?
OF course, i bet there are regulations surrounding a food vehicle and other public parking regulations.

hahaha just to ask, is anyone interested?
kaiserwulf
post Apr 13 2011, 06:25 PM

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I got a question for employing businessmen (and women).

How much hidden cost to hire and keep in employement for a staff?
Example: I want to hire an office worker RM 4000/mth salary.

-How much to expect to pay to acquire 1 person? (Job search, employment agent etc)
-How many percent more on average do I need to add on top of his salary to pay for his EPF/SOCSO/misc (hidden costs)?
-Any other hidden costs to consider?
-What are your opinions on annual bonuses? (chinamen welcome to reply too ya)

I am looking to employ some staff soon, getting my balance sheet right to avoid negative cash flow. Replies from experienced people or HR welcomed.
ah_suknat
post Apr 13 2011, 06:51 PM

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QUOTE(kakaakajes @ Apr 13 2011, 09:50 AM)
thanks to everyone who shared/commented; really appreciate it

i know every business is not easy to startup and even more not easy to run.
actually i dont even know whether its what i should do, given i have no work experience and just out of uni. and best thing is i dont know the malay language at all (i grew up overseas; which is also limiting my job options which is why i thought of a business).

anyway to (possibly) curb the problems of a pasar malam stall, perhaps a more stable 'store' (read LORRY) could be used? also, a vehicle would be more mobile in terms of stall location in the pasar malam; and also when the pasar malam is not operating (eg raining, or in the afternoon) the vehicle can serve the school/office crowd?
OF course, i bet there are regulations surrounding a food vehicle and other public parking regulations.

hahaha just to ask, is anyone interested?
*
I have thought of it before
check out my previous thread

http://forum.lowyat.net/index.php?showtopic=1774919&hl=


Added on April 13, 2011, 6:52 pm
QUOTE(kaiserwulf @ Apr 13 2011, 10:25 AM)
I got a question for employing businessmen (and women).

How much hidden cost to hire and keep in employement for a staff?
Example: I want to hire an office worker RM 4000/mth salary.

-How much to expect to pay to acquire 1 person? (Job search, employment agent etc)
-How many percent more on average do I need to add on top of his salary to pay for his EPF/SOCSO/misc (hidden costs)?
-Any other hidden costs to consider?
-What are your opinions on annual bonuses? (chinamen welcome to reply too ya)

I am looking to employ some staff soon, getting my balance sheet right to avoid negative cash flow. Replies from experienced people or HR welcomed.
*
me I paid my employees RM700, they are fresh grad and I dont pay them any socso or EPF what so ever.

This post has been edited by ah_suknat: Apr 13 2011, 06:53 PM
Humorboy
post Apr 13 2011, 08:42 PM

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hi ppl, i have been lurking on this thread for such a long time, it's time for me to make big decision.. i will put all my time into the business and dun mind doing hands on stuff

i have 2 business in mind, either open a kindergarten from an established franchise or a laundry services which i will seek help from another forumer here...
capital i have is about RM40-50k...

any comments on profit, sustainability, etc?
TSedyek
post Apr 13 2011, 09:09 PM

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QUOTE(Awakened_Angel @ Apr 10 2011, 01:55 PM)
hi edyek,

I know you are expert in property. Just want to see what`s your opinion on my circumstances here. just purchase a 2acre land for stock and bird house. Well, 2acre land is not big and not small. Wondering what`s your thought on increase revenue from this land besides stock and BH? its secluded between rubber and scrubs bush... about 2mins drive from main road....  hmm.gif

cheers
*
Sorry for the late reply, din't online these few days.

For small land, other than rearing live stock, BH or some plantation (mushroom, organic vegetables, etc.), I don't see other that can earn as much as these options.

However, if your land is not that kampung, and falls into the sub-urban category, you can always build simple warehouse(s) and rent it out. (Furniture manufacturer, contractor who wants to put their building materials & tools, etc.)

If your land falls in sub-urban area (potential 3~5 years development), hire an architect to draw a housing Development Plan for you. And wait for development to reach your land. In the meanwhile, just go ahead with the above two options.

I have 5 acres land (2/3 of the land is hilly), need another 5 years to reach the said land. Other than BH, organic vegetables, I sell earth to construction sites.
eddytan86
post Apr 13 2011, 10:02 PM

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QUOTE(etigge @ Apr 13 2011, 10:33 AM)
'Pasar malams' seems like ideal, doesn't it. Every business comes with it's sets of problems. 'Pasar malams' are not permanent, they are fluid.  The street can be taken over overnight and rights denied if there is a need by the local council. The local gangster as mentioned are called " commitees" nowadays and most of the times they are the 'RELAs' there too. There are responsible for collection of money (under or ontop of the table) for rubbish collection and cleaning of the street after the session. Fights used to happen when another fresh trader moves in.

Usually I notice that if a trader wants to start, he will place a table at the far end of the 'pasar malam' and then see what happens. Then maybe the commitees will approach you or the local enforcement will approach you. If you go apply, they (local municipality) will tell you the quota is full for this or that 'pasar malam'. Some have friends selling in a particular spot and they multiply their table space and types of goods at the same spot. Some take over from existing traders.

'Pasar malam' worst nightmare is rain. Worst still when it rains after the stall has been set up. Just guessing how much a 'tong sui' seller makes is in the end a guess. He might be just selling only at 2 or 3 spots a week. Those that they allow him to sell. If he is selling well, then his must be good and that entails long ardous task of preparing unlike nowadays where a lot that uses powdered form of 'tongsui'. What difficulties he 's going through (I am sure he has problems) operatiing that stall is unknown to us. A motorbike carrying 600 bowls of tongsui doesn't really compute in my mind. That's  a lot of tongsui actually. You can actually gauge the amount he is carrying to sell. 3 types means 3 pots. A bowl is 300ml. 200 bowls is 60 litres. Multiply by another 3 means he is carrying 180 litres of tongsui on an old motorbike. That's almost 3 full tanks of petrol in a normal car. My guess is he probably selling half of what's mentioned.

Bear this in mind, " Ho Tai Em Ho Sek".  laugh.gif
*
notworthy.gif
Would like to add.. the easier the things look the harder it is to accomplish and vice versa. icon_rolleyes.gif
No intention to pour cold water on anyone here.
kakaakajes
post Apr 14 2011, 12:04 AM

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QUOTE(ah_suknat @ Apr 13 2011, 06:51 PM)
I have thought of it before
check out my previous thread

http://forum.lowyat.net/index.php?showtopic=1774919&hl=


Added on April 13, 2011, 6:52 pm
me I paid my employees RM700, they are fresh grad and I dont pay them any socso or EPF what so ever.
*
yeah! that's sorta what im thinking; just uncertain whether it should be a truck or a smaller van.

are you implementating your idea already? may i know what food you are selling?

cheers smile.gif
ah_suknat
post Apr 14 2011, 01:30 AM

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QUOTE(kakaakajes @ Apr 13 2011, 04:04 PM)
yeah! that's sorta what im thinking; just uncertain whether it should be a truck or a smaller van.

are you implementating your idea already? may i know what food you are selling?

cheers smile.gif
*
most probably fusion snack foods, burgers, fried chickens, fries, hod dogs, sandwiches, snacks and juices.

hard to cook in a small van. feasible way would be a small truck.
Awakened_Angel
post Apr 14 2011, 08:51 AM

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QUOTE(edyek @ Apr 13 2011, 10:09 PM)
Sorry for the late reply, din't online these few days.

For small land, other than rearing live stock, BH or some plantation (mushroom, organic vegetables, etc.), I don't see other that can earn as much as these options.

However, if your land is not that kampung, and falls into the sub-urban category, you can always build simple warehouse(s) and rent it out. (Furniture manufacturer, contractor who wants to put their building materials & tools, etc.)

If your land falls in sub-urban area (potential 3~5 years development), hire an architect to draw a housing Development Plan for you. And wait for development to reach your land. In the meanwhile, just go ahead with the above two options.

I have 5 acres land (2/3 of the land is hilly), need another 5 years to reach the said land. Other than BH, organic vegetables, I sell earth to construction sites.
*
I tnink you misunderstood what I meant. I have purchase a 2.5 acre land. Main purpose is to stock my building material goods. And will reserve say 100' x 100' for BH investments. and apart from that, what else can be done than the two i mentioned. I have think of agriculture & cops keeping, but not suitable laa... for me...


Added on April 14, 2011, 8:55 am
QUOTE(ah_suknat @ Apr 13 2011, 04:58 PM)
the best I think would be some roofted livestocks, such as chicken, fish, or rabbit farming, I dont think vegetables are suitable because later the birds will eat the fruits.. unroofted lives stocks such as goat and cow also not suitable cuz later they eated the birds poo poo and get sick...
*
not familiar in bio line...

long term investment, heavy capital, lots of details to attend to(disease, food, waste etc)

This post has been edited by Awakened_Angel: Apr 14 2011, 08:55 AM
georgelimsk
post Apr 14 2011, 09:00 AM

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any one with lesen penjaja beredah? mobile penjaja-minivan, motorbike
etigge
post Apr 14 2011, 10:34 AM

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QUOTE(ah_suknat @ Apr 14 2011, 01:30 AM)
most probably fusion snack foods, burgers, fried chickens, fries, hod dogs, sandwiches, snacks and juices.

hard to cook in a small van. feasible way would be a small truck.
*
biggrin.gif There are a few mini lorries (Lutons) that I have observed in my area that are selling food from public car parks. This area is still not gazetted as a paying car park so free of charge. I don't see the Luton vans ever leaving. My guess is they are just stalls disguised as a moving van. The operator comes in another car, loads the stuffs onto the Luton van and opens the stall. Either the van can't travel far or it needs to be towed away. laugh.gif I wonder if we find a parking lot and park our vans there but even if the lots need to be paid daily, it is still cheaper to pay the parking charges. laugh.gif
TSedyek
post Apr 14 2011, 11:41 AM

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QUOTE(Awakened_Angel @ Apr 14 2011, 08:51 AM)
I tnink you misunderstood what I meant. I have purchase a 2.5 acre land. Main purpose is to stock my building material goods. And will reserve say 100' x 100' for BH investments. and apart from that, what else can be done than the two i mentioned. I have think of agriculture & cops keeping, but not suitable laa... for me...

*
Indeed I do. I misinterpret "stock" into live stock. laugh.gif

Dig from my old post. Maybe it can spark you some new ideas?


Agriculture - Farm, Plantation, Nursery
1. Various fruit trees
2. Various vegetables
3. Trees with commercial value etc. Gaharu
4. Palm tree
5. Coconut tree
5. Pepper tree
6. Koko tree
7. Rubber tree
8. Padi Field
9. Mushroom farm
10. Herbs farm
11. Landscaping Nursery
etc.

Aquaculture
1. Fish
2. Prawn
etc.

Animals Rearing & Stock Farming
1. Goat
2. Cow
3. Ostrich
4. Deer
5. Pigs
6. Chicken & duck
7. Swiftlet
8. Horse
etc.

Natural Resources - Extract and sell
1. Earth reserve
2. Rock reserve
3. Timber
4. Underground spring water
etc.

Development & Business
1. Hire an architect to draw development plan and find developer to develop it
2. Rent to telecommunication company for their telecommunication tower
3. Resort
4. Zoo
5. Paint ball ground
6. Nature Park/Memorial Park
7. Camping Ground
8. Rest Stop / Petrol station
etc.
Awakened_Angel
post Apr 14 2011, 02:14 PM

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edyek,

Thanks for the info. But guss I filter majority due to the fact that I need low maintenance, minor monitoring, low to moderate income(beside BH).

regards

Ken.B
post Apr 15 2011, 04:07 AM

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Lets say, if I am to repacket the original product into smaller amount. Is it legal to do so as I've come across quite a number of people who are doing so.

For example: I have 10 kg rice and I repacket it into 10 units of 1 kg rice. Is this legal?

Which Acts should I check this in? Sales of Good Acts?
etigge
post Apr 15 2011, 10:47 AM

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QUOTE(Ken.B @ Apr 15 2011, 04:07 AM)
Lets say, if I am to repacket the original product into smaller amount. Is it legal to do so as I've come across quite a number of people who are doing so.

For example: I have 10 kg rice and I repacket it into 10 units of 1 kg rice. Is this legal?

Which Acts should I check this in? Sales of Good Acts?
*
Mini markets does that all the time. I don't think it's illegal. Only thing illegal is sellling government controlled items at a higher price, like rice, oil, sugar etc. Sometimes mini markets buys in bulk and repackage them into smaller packets to maximise profits. Even inkjet photo papers are also sub divided to be sold. I don't see any problems to it. smile.gif

This post has been edited by etigge: Apr 15 2011, 10:47 AM
hanren
post Apr 15 2011, 11:06 AM

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Hi Sifus,

Any sifus can advise what is the cost to set up a kedai dobi? I am thinking of either opening a new one or go for a take over. Thanks in advance.

Cheers.
NightHeart
post Apr 15 2011, 01:06 PM

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QUOTE(Ken.B @ Apr 15 2011, 04:07 AM)
Lets say, if I am to repacket the original product into smaller amount. Is it legal to do so as I've come across quite a number of people who are doing so.

For example: I have 10 kg rice and I repacket it into 10 units of 1 kg rice. Is this legal?

Which Acts should I check this in? Sales of Good Acts?
*
Wanting to repack & sell Heggie foods? laugh.gif

I did that before for important dried fruits e.g. cranberries, apricots, kiwi etc. Bought in cartons of 10kgs from the importer & repacked it into fancy packaging like Famous Amos for resale during festive seasons.

Couldn't find anything wrong with it cause to me, that's how the supply chain from wholeseller to consumer works. The middle person will repack the wholesellers goods into smaller packs for consumers.

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