Always wanted to go for web business during college years, but not equipped with the know-how. More achievable in doing traditional business.

Sibu is not near to the sea. Fishes like patin and talapia have good margin. There are other numerous kinds of things you can do with your vacant land. http://forum.lowyat.net/index.php?showtopic=1283223&hl=

yah web need longer time to learn .... but once u catch up u will understand how it work best is duplicate's ....

first just don't waste money on those teaching/intro courses, yes it work, it teach but not really worth the money u spend ...

Just tell everything here lar..
No need to PM PM PM..

interesting. what's the end-user price range like..

Hey, thank you for the link. It is useful. I am not from Sibu, actually I am from Miri. I wonder is there anyone out there doing palm oil seeding business, like growing th baby palm tree for sell? is that profitable, that is one of the idea that I had in my mind so far. bcos with my 10acres is definitely not big enough for oil palm plantation however it could be enough for growing the baby palm tree. My question here is, is it hard to get the license? and how about the demand in sarawak, esp miri, bintulu, berkenu, niah. My only concern here is the license and buyer.

Thank you guys for your valuable suggestion and advice.

Cheers ^^

We can't really tell how much or how the future look like especially we not expert and in to the field, we only heard and info provide base on our different experience try approach those already in the fields, analysis and calculate the risk then decide anyway u already do some research in the field, so go dig more, it should help


Buyer, is always depend on how you close the deal and market demand, unless u can sign a contract (should be this way) with them, provided they are keen and real ....

Good luck on new business
There no fail business, only fail businessman ......

Growing oil palm seedling is a good and profitable business. My friend is actuaclly venturing in this field and his farm is in Miri. However he is supplying to his own estate, therefore he has no worries who to sell to.

But bear in mind that, you need to purchase those seedling from MPOB which they will give you a certificate. And therefore, when you sell, most buyer will buy it from you as your seedling have MPOB cert.

However, most often MPOB don't have enough supplies.

+1000

I have 2 buss. venture in the pipeline.

1. Cybercafe -with legal license and legal gaming
2. Laundry

I just want to make it happen after calculated the risk.Anyway I follow the word of wisdom.......location...location...location

I don't see this venture will make me rich ........just to add my pocket money cause I'm having my own job

hey if anyone interested to start a small business. this can help

What can help?

PM me. I am interested to run fruit juice business and sellign fruits. Have a nice location for you and I suggest to turn fruit juice biz into distributor biz. Will share with you more. 40-50K is a small sum, not sure whether enuff...

Thanks to TS for this topic. I've pretty much run thru most of the latest topics, and find alot of interesting ideads here.

I have a question. I wish to start a mobile kiosk, like those found in shopping centers. How profittable are stalls like these? I've spoken to some operators of some more popular shopping centers and the tenants must provide the shopping center with a monthly sales report. Also when opening and closing the business, they must aherd to operation hours or will be slapped with a heafty fine. Rental is quite high (ranging from RM2500 to RM4000) and reviewed every 3 monthly.

How can to survive? Yet sticker stalls, bead bars etc have been operating for years. So the question is..... is looks profitable, but is it really profitable?

Location location and location.
I had run 1 mobile kiosk before Selling Handphone.. Rental Rm1,800.00.. That location really lousy. 1 day less than 200 people coming in to the complex. It is at Mutiara Damansara.
Work very darn hard to survive.
Everyday work from morning to nite, until 2am.. At the end, monthly profit after deducting everything is Rm400.. Even the staff earns more than me (Rm1k salary)..

After 3 months, chap lap... Hahaha. Good thing did not incur major loss.. We managed to break even and cabut. I know of another owner having loss of 50k because of rental only. He snatch 4 front door kiosk...

I don't know this is consider good experience or not.. But it is definitely an experience worth to have..

Conclusion.. Location is very important.. Location good, 1 day you can make quite a handsome amount.

It's Kinta Ciy Ipoh. Quite a "up" place and the crowd is plentyful. One thing is the rental I find it pretty high.

I agree that location is very important, just like if no one goes there, give you free also a waste of time.

More comments, please.

Rental a bit high but u still can fight ,is better than a low rental ,but no crowd

can anyone share about lesen penjaja, currently i selling confectionery on my modified bike around penang island.

That's why the rental is high due to high traffic of crowd.

That's why the item you sell need to have high margin or mass volume in order to have sufficient cash flow and turnover.

Bread = High margin. Normal butter/pineapple bun can easily cost RM 1.50 these days. Cost? As low as RM 0.50~0.80.

Handphone = New handpone no much margin. Trade and sell 2nd handphone, reload cards and repair services.
Need to be at medium-low shopping mall, where the crowd usually buy 2nd handphone or trade in phone to buy a new one.

etc.

That's what I thought too. But the stalls are surviving. Some have been there for over 5 years.

Besides, they are quite fussy with the tenants they have there. If the stalls do not perform with sales, they get the broom. Yet with stiff policies and high rental , stalls are still surviving.

I did a survey on a weekday, and it's gloomy. Night time seem to be better after office hours. I'm waiting for the weekend when I plant my butt on the bench and see how good the business really is.

BTW, what type of salary and commision schemes do they offer to stall promoters?

Thanks for all your input so far. Keep em coming.

---

Added on March 10, 2011, 1:43 pmYes. A margin of 100 - 150% would be good. For bread stalls, althought the price is cheap, the volume is high.

I saw a stall operator in another shopping mall just by selling cloths, he owns 7 outlets. But this guy is smart cos some stalls doing youngsters clothings, some la-la clothings, a potpouri stall, and a few others. Some of his clothings are being sold at RM10 but my guess is this are the hard to sell items or to "bring-in-the customer" clothings.

In the end, if each stall gives him a RM3000 margin, it RM21K we're talking here. Then again... it's a BIG "IF"

This post has been edited by ngaiseng: Mar 10 2011, 01:43 PM

Hi, i was in apparels trading biz for 3-4 years. in this few months my biz seem start to have increasing. my shop currently at shopping mall. and after we doing a online shop it make it so succesful. so im planning to expand the biz.
the problem is:

1) should i open a more branch in same area or to other state like penang and K.L?(my location was at perak)
2) after expand, think to hire some staff to run sales for the wholesale market? do u think it work?
3) branch location at where? shopping mall or shop?
4) if to other state, what is the best way to manage the staff?

or just turn my retail shop to bcome wholesaler?
plz some serious opinion TQ