fall down is good. Everyone falls down before. But what i advice you is to have a proper plan. Take calculated risk instead of taking risk blindly. Bubble tea is too common now. I'm not saying it can't sell. You have to be creative to make totally different type of bubble tea to outdo your competitor.

that my friend, if you are not ready to lose that kind of money, better dont, save up enough money so that you wont thinking of suicide if the business fail.

financially burden is enough to turn your life upside down.

remember, business always have risk. its 50% - 50% you either do well or you not. so its 50% percent chance of failure.

I don't want to pour cold water onto your plans. They are enterprising but bubble tea is a bit over the hill, don't you think so? My guess is if you want a spot in MidValley for such venture, you MUST have a high traffic area and I am sure spots like this is not RM6,000 but more not to mention that you will be maybe no.20 on the waiting list. Second for workers in Midvalley averages about RM1500 per person else they can't survive on the high transport and food cost there.

Your calculation is flawed, did you realise? If you can hit 80 cups per day ( this number is easy for a good spot in Midvalley, give and take for holidays and weekends ) but aiming for RM320 to RM400 turnover in a place where rental is RM6,000 plus is just not right mathematics in F & B. If the RM2,000 (for the stuff) is correct then that would make it RM0.83 per cup. It is not enough, you have not consider the cups and covers, the straws and you have to factor in the machine that seals the cup not to mention the powder and the bubble. The bubble is costly too. The boiling and cooling and then they can't last long after cooking.

As far as I know Cool Blog is sprouting everywhere and they are also most probably looking or waiting for spots in Midvalley. Now Chat Time(another chain cafes) is also doing the bubble teas competing with Cool Blog and their prices for most is way below your RM4. So, do you have the financial resources to compete with them or the imagination of their experience to do businesss side by side with them. There's another one starting called Buddies Smoothies and I also heard Mr. Bean is coming in. Then there are bubble tea sellers in every 'pasar malam' selling at RM2.80 although a different market but nevertheless in a way will affect the perception of the cost of per cup.

Why not try to source something traditional, innovate and modernise them, make them more enticing and sell that rather than bubble tea?

how about twist potato instead of bubble tea? or you can invent some new ways of eating potato

wondering at this moment of time, is there any1 willing to spend money on In Car Entertainment.

anything will have a market, depends how you market it and approach your target market

What u mean by car entertainment?

What entertainment you can find in car?
He is talking about Car Accessories Business ...

I see, quite competitive but earning margin is high.

well, more specifically, amplifiers and speakers (woofers)..

Currently also looking for a business partner to start a business preferably in F&B or other small business in KK?

Hi, anyone can tell me how much capital is needed for a fashion shop selling lady clothes and beg? (Interested to sell taiwan/korea fashion but not low quality china stuff).

I asked around my place, the shop rental is about 3k per month at shopping complex.

avatar..u should first find the local wholesalers first. do some costing.

Guys, thanks for the replies.
After read through the replies, i worked my mind, keep on thinking. Alas, i have this idea, its not something very new as this idea has been done(sell) by other people, but can consider it as quite new..and i'm re-branding it as my own brand of food(food=to briefly describe it), with the same concept. For easier understanding, its like the first time bubble tea hit Malaysia, the 2nd, 3rd etc shop that follow the bubble tea craze but with their own name score higher than others that followed after the bubble tea become more common.

I found a place, around 350sf. As mentioned, i'm new to this business thing, but i've always believe in having and work for own business rather than earn wages. I would really like comments and advise from all the experience people here.

-Around how much is the renovation for the kiosk with some nice designs and the shop name. Something like Auntie Anne's kiosk or Chatime's kiosk. I understand that cost depends on material, but roughly average style with average quality how much? My friend opened oldtown, he said the renovation, just material only is around 350k. I actually planed to open a shop(something like Tutti Fruitti) if enough budget. But worried if bigger the shop or kiosk, higher cost for renovation.

-How much to order the stainless steel for the kiosk? -with own design that suit and match the stage of the kiosk. i mean example with few holes for bucket, holes for other thing, compartment for ice maybe etc.

-Any contact for this?

Thanks again guys. I 'm very appreciate.

350K to renovate a 350 sq.ft kiosk is too high. I think you should improvise and save some bucks. You can still renovate hiply and attractive if you were to go around malls and observe others and try to absorb what's nice in others. Colours is most important in a kiosk and also nice and pleasant people attending to it. Don't ever put a Bangla manning the kiosk. As for stainless steel equipments, try to get ready sizes and then measure them and renovate around them rather than renovate first and get stainless steel makers to build it specifically. One thing I do know is stainless steel tables, stoves, ice compartments etc. is cheaper in places like Ipoh and at times in KL they are 30 percent higher. You can custom make them in Ipoh and it only takes a few hours lorry ride to KL. I had a friend who even ordered them in Ipoh to be sent to Langkawi.

Get lots of quotes from various contractors. Places like Station One and Old Town, the renovators gives a cut to the franchisee. Like 7-11 it is part of their profits. The equipments and food suppliers are also the same. Get a nice interior decorator or maybe you have friends of friends who are still a trainee and get their ideas and then start visualising the concept. In F&B the work triangle is the most important, meaning you don't have to walk from one end to the other end to accomplish the work.

Check the yellow pages for stainless steel fabricators and suppliers and get their quotes too for reference.

Hi everyone, I'm trying to venture into pet business but with 0 experiance.

If I have 2 option, selling pet supplies and the other one, selling pet supplies for others where my employer, in the future, might be my supplier (currently he's the only one who has direct channel to the manufacturer).

Which one should i choose? I'm currently a student. I am also a small scale pet breader.

Hi guys, im new in this tread. Nice to meet u.

I was thinking lately that i wanna be a master distributer for some products from oversea. Means im the sole distributor of the product, and distribute to either other distributor or retail in whole malaysia. Is this a good business to start with as a first business?Can anyone teach me where to start off as a basic?

Forgot to say that, i wont be starting straight as a sole distributer, for now i wanna open an enterprise company, and start out small by distributing 1 product that come from other sole distributer, where should i start from?

This post has been edited by Streetrat: Apr 5 2011, 02:53 PM

Both your options are the same isn't it? Either you get your supplies to sell from someone else or get from your present employer. Both involves you reselling pet products. Might as well go both options.

This post has been edited by etigge: Apr 5 2011, 04:35 PM

What's the difference between the 2 options?

The first option: I work for my own.
2nd option: I work for others (X pet shop).

However, if i go for the first option, I'll be getting my supplies from X pet shop. There won't be any difference right?

Based on your experiance, will the owner sell me the pet supplies if they know that I'm trying to do my own business?

This post has been edited by Ken.B: Apr 5 2011, 11:20 PM