My friend, you are managerial level. Opening restaurant is not only about managing it, is about other factors also. Are you experience in F&B field? If you don't better save the money to do other things that you are familiar with.

RM 100k for a new startup + no experience is a risky thing to do. Unless of course you can afford to lose that money, but why whould you want to lose the money since you doubt about opening the steamboat restaurant?

1. You have not come out with a proper planning on how to do.
2. You have not come out with the location.
3. You don't even know the supplier to supply you ice cream, seafood and other frozen food.

If you are really dedicated, you should come out with a planning 1st, then you will know how much you actually need. (Don't think for a month but din't write down your preliminary plan and take any action at all.)

Cheers.

EroTe,

Why are you even considering of opening a business which you are doubting? Business is for the ones who ARE confident of their start up. As I have mentioned long time ago, experience can always be acquired, but your GUTS can not. If you keep playing it safe, you will always be scared when running your business, and trying to cut corners in setting up your business, which are often the reasons start ups fail.

You will also need to think about your cashflow. Since you said that RM100,000 is a lot of money to you, you probably have very less left IF you start your business. F&B businesses require months to pull the crowd because there is very limited avenue for you to advertise your business. So if you have very little business in that few months, are you very sure that you can sustain your salary to workers, utilities, rental and stocks? Seafood business is more difficult as you are dealing with perishable goods. Keep the food for a few days, and the freshness is gone. Once your food does not sell, your money will be gone. You HAVE to make sure that you are able to finish selling all your food within 3 days.

There is no need for you to rush your time, take your time and enjoy your time getting employed. Learn how to deal with people, learn what is office politicking, learn what is human nature, learn how to polish peoples shoes when necessary, learn how to shut up when necessary and etc.

There are so many things for you to learn when you are getting employed, and all those skills will be your surviving skills in your business in the future.

Hi gapnap

so how it works by taking our best products and give it away for free?