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

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Truh
post Mar 22 2011, 07:14 AM

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Hi, I'm now planning to open a kiosk / stall selling bubble tea(pearl milk tea) AND selling the taiwan biscuit (the one like big kueh kapit but with things inside and fold together).
Plan to open it maybe in shopping complex like midvaley or oneU. I havent really ask the price yet, but from google and forums, the rent is around rm6k at highest in midvaley, is this true? Adding rm2k to hire 2 workers and another rm2k for the stuff. All is around rm10k.

To get this rm10, if i sell rm4 per cup, i need to sell around 80 cups per day for 30 days to cover the RM10k. If i sell 100cups per day, then i'll get rm12k per month, that means i earn rm2k.

I really (always wanted) to have my own business. I want to make this as my first step into business world, and plan to open more stall and venture into cafe later as i like cooking. My selling point for this drinks is the taste gonna be kaw (pekat). i believe in earning less but get more customer.

But i just worried that this bubble milk tea wont sell, and i'll fell down from just the 1st business. I may not or hard to climb back up in terms of financial or spiritual.

Any advice guys? Very appreciated, thanks.
Truh
post Apr 5 2011, 05:11 AM

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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. notworthy.gif

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