nice forum... keep up!
bring on any new ideas.

btw.. does anyone involve in karaoke business? like redbox etc..

Redbox is not available for franchise. If you want to know more about karaoke, you can ask your question here.

my cousin closed her karaoke shop

1st heavy capital if you target youngsters like RedBox did.... and high rental as you need locations like sg wang etc...

2nd what is the fun of karakeing without alcohol? and this indirectly leads to GROs

3rd GROs will imminently lure the watchdogs from all species, and you need to feed this watchdogs frequently inorder to survive
else, you can survive like Karaoke.. clean

I have a question. Let's say I'm getting my stock for RM 20 per pieces. How much profit should I earn from the RM 20? 5%, 10%, 15%, 20% or more? Is there anyway to calculate for the pricing?

ken_zie,

What kind of question are you asking here? It's up to you how much you want to earn. Are you in business?

Maybe he wanted to ask :

Cost of item = RM20.00 including shipping & custom tax.

Selling price:
a) Markup 100% = RM40.00

or

b) Markup 20% = RM24.00 , but hoping to sell in bulk.

or

C) Markup 50% = RM30.00, but 2nd item at 50% less.

or

D) Markup 120% = RM44.00 , give 20% less

or

E) Markup 80%=RM36 , give free voucher RM5.00

Which do you think is more profitable?

The purpose I open this thread is to gather all business owners to share their experience in Small and Medium cash flow business. This will be a guide to someone out there who intends to invest in small and medium business. I share mine 1st.

*Edited - Add in Equipment, Overhead, Rental, and other cost.
*All the income shown is Gross Profit only. It is not Net Profit.

Success :

1. Car wash
Capital : 20k
a. Water Jet Pump - RM 800 (3 nos) = RM 2,400
b. Soap Bomb (Snow Wash Dispenser) = RM 700 (2nd hand) *Just fill in the soap and it will come out with snow wash, and the shape is like a bomb
c. Detergent = RM 500. Always stock 10 tong (RM 50/tong).
d. Cleaning Cloth = RM 100 (50 pieces)
e. Other miscellaneous stuff = Book, Promotion banner etc. = RM 1,000
f. Minor renovation = Concrete ramp for under car wash. M&E wiring. Minor repair to the dessert house. = RM 15k
g. Some additional cash to start the day = RM 500
Partner : 1
Location : Nearby Government Office and Residential Area. Converted a dessert house to a carwash centre.
Monthly/Daily Income : Average 55 cars daily, average RM 11 per car.
Workers : 10 workers. RM 300 per person. With commission RM 1 per car and includes lunch
Duration : Manage it for 1 year and a half and sell it off.
Opinion : Good cash flow business. Easy to manage.

2. Laundry
Capital : 10k (I take over from someone who owes money to the loan shark, and he needs money urgently.)
a. Take over all the shop which includes 2 heavy duty washing machine , 3 heavy duty dryers, 2 iron and board, etc.
Partner : None
Location : Apartment area (Approx. 5,000 units). The only laundry available as there are only 2 rows of shoplot own by the same owner and I pay slightly higher rent to the owner and signed an agreement with him not to rent to any other laundry. 
Monthly/Daily Income : RM 4 per kg (all kinds of clothes). Average income RM 25,000 per month. (Do not include contract wash from nearby reflexology centre, cafes and restaurant)
Workers : 10 workers. RM 400 per person. With commission RM 0.50 per kg and includes lunch
Duration : Manage it for 2 years and sell it off.
Opinion : Good cash flow business. For walk-in business, find location with medium/heavy populated residential area.

3. Western Food Stall
Capital : 15k.
a. Minor renovation of the stall = RM 2,000
b. Additional aluminum stall = RM 3,000
b. All the equipment necessary for cooking (Utensils, Grilled Plate and Fridge stand the major portion)= RM 5,000
c. Rental = RM 3,600 (RM 1,200/month. 2 + 1)
d. Cash to buy ingredients = RM 500
d. Some additional cash to start the day = RM 500
Partner : 1
Location : Food court nearby to residential area.
Monthly/Daily Income : In weekdays, average 30 plates of steak. And average 50 plates during Friday, Saturday and Sunday. Average RM 15 per plate.
Workers : 6 workers. With commission RM 1 per plate.
Duration : Half a year. Sell it off to my partner.
Opinion : Need a good chef who cooks FANTASTIC FOOD!    The hours is too long and tiring. Eventually every customer has their own taste, therefore complaints are un-avoidable.

4. Room Rental
Capital : 40-50k.
Refer to my thread on this. http://forum.lowyat.net/index.php?showtopic=1240408&hl=
Partner : 1
Location : Shoplot.
Monthly/Daily Income : Average income RM 2,600 per month.
Workers : 1 worker. Ah ma. Cleaning services.
Duration : 3 years. Ended setting up 8 locations and sell it off.
Opinion : Need good management. Humans are the most complicated animals on earth. Some are fussy, some are grouchy, you name it. 
Failure :

1. Computer Sales and Services
Capital : 20k
Partner : 2 (Too many chef spoils the broth)
Location : Shoplot.
Monthly/Daily Income : The peak sales is only RM 3,xxx. Lowest RM 50.
Workers : 1 worker. Based on sales commission with base salary RM 500.
Duration : Bear the lost for half a year. Lost all the 20k after deducting all things, rental deposit and etc. and still need to fork in 1k to wind up the company.  
Opinion : Too competitive. Too lousy margin. Too many partners. Since then, I reject every computer venture that approach to me. (They keep pitching how they do it differently, bla bla bla.... and I still end up saying "NO, thanks".)

2. Nasi Lemak & Kuih Stall
Capital : 10k
Partner : 1
Location : A stall at residential area
Monthly/Daily Income : The peak sales is RM 600 per day. After everything sold out. RM 2 per bungkus nasi lemak. Target 200 bungkus everyday.
Workers : 1 worker. RM 300
Opinion : Fail due to the failure commitment of my partner. Today lazy, do only 50 bungkus. Tommorrow rajin, do 200 bungkus. Therefore, I close down the stall and sold off the stall for 5k. Still RUGI 5k! 

I have some question here. Let me explain my situation first.

I'm 22 years old this year, working in Singapore. Going to Singapore everyday from Johor Bahru. 4 good friends of mine is studying at UTM Johor Bahru still, they are all top student.

Me and this 4 guys would like to start a cafe business in Johor Bahru. We already have all the ideas, cafe themes, supplier, shop design everything. But what we need the most now is the capital.

Based on the calculation from my friend, we need RM 300K to start this business with tahan this cafe at least 6 months.

I have a saving of RM 20K but this amount is not enough for us to start this business at all.

What should I do now brother and sister?

I know my idea is good and it is new in Johor Bahru and Singapore market, so I believe that this idea can attract the customer either from Johor or from Singapore.

4 of them don't have capital at all. Because they are all student still.

Brother and sister. Should 5 of us apply for loan with SME bank by submit our business proposal to bank? We are able to do so.

We really need such amount to start a cafe.

If really cannot, what should we do? We have the idea already.

Seek for the advice from all of you, brother and sister. Thanks and God bless.

Do you guys think digital photo printing is a good business? I mean can you think of any good shop to print and bind photobook? Would you go to photobook store to print your photos ?

I have some question here. Let me explain my situation first.

I'm 22 years old this year, working in Singapore. Going to Singapore everyday from Johor Bahru. 4 good friends of mine is studying at UTM Johor Bahru still, they are all top student.

Me and this 4 guys would like to start a cafe business in Johor Bahru. We already have all the ideas, cafe themes, supplier, shop design everything. But what we need the most now is the capital.

Based on the calculation from my friend, we need RM 300K to start this business with tahan this cafe at least 6 months.

I have a saving of RM 20K but this amount is not enough for us to start this business at all.

What should I do now brother and sister?

I know my idea is good and it is new in Johor Bahru and Singapore market, so I believe that this idea can attract the customer either from Johor or from Singapore.

4 of them don't have capital at all. Because they are all student still.

Brother and sister. Should 5 of us apply for loan with SME bank by submit our business proposal to bank? We are able to do so.

We really need such amount to start a cafe.

If really cannot, what should we do? We have the idea already.

Seek for the advice from all of you, brother and sister. Thanks and God bless.

Hi,i am new to this thread..but i love a lot here..because it gave me a lot of knowledge about business...ok,back to the main point.. currently,i have 300k capital..and i am looking for a business...but i dun have any idea what business should i go for..is there any suggestion? Recently, my gf told me she wish to open a clothes shop... i think is it not a bad idea,as i know... opening a normal clothes shop just need around rm30k-rm50k then can open d...is it a profitable business? is there anyone know where to get the supplier for the stock? Help me pls!!

you can always hire someone like me to provide marketing and consultation if you want.
I can do a report for you and locating finding that suit the type of business. Pm me if you want to engage my service. i can charge a very nominal fee that will put your goal into action.

i managed to finish this thread within 5hours of reading.

TS, thanks for the info.

Dear forummer,
Please include more info and details of what you are doing. not just dump a few sentences here and there and wait for your ans.

Hi Edyek,
can i know more about your oil plam plantation company? (the start up period, expected capital). i believe this is a good industry to go into, however the start up capital is quite large.

thanks