obviously not enough for ur scope.
if u open roadside burger stalll, then more than enough la
20k enuf to open small biznes?
20k enuf to open small biznes?
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Dec 30 2013, 12:42 PM
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Senior Member
1,170 posts Joined: Apr 2011 From: Deus Vult |
obviously not enough for ur scope.
if u open roadside burger stalll, then more than enough la |
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Dec 30 2013, 12:42 PM
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Junior Member
214 posts Joined: May 2013 From: ☠ ☂ ✆ ✉ ☺ |
20K is enough for a small online buisness,if buka kedai is a big no,gerai makan maybe still can..
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Dec 30 2013, 12:45 PM
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Senior Member
1,600 posts Joined: Aug 2011 |
QUOTE(WintersuN @ Dec 30 2013, 12:39 PM) thnx hey there.. can i ask if u r a business owner who have experience set up b4? I have no experience setting up a stall. I open a shop. I personally think shops/stalls in malls are much more complicated. I guess i can just top up a bit more to start my biz right.. My friend recently open stalls in mid valley and empire mall. If u heard of the name akachan no hoppe, selling Japanese rice balls. I roughly calculate, it needs rm100k to start. But he did it BIG la. |
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Dec 30 2013, 12:46 PM
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Junior Member
214 posts Joined: May 2013 From: ☠ ☂ ✆ ✉ ☺ |
QUOTE(hey_there @ Dec 30 2013, 12:45 PM) I have no experience setting up a stall. I open a shop. I personally think shops/stalls in malls are much more complicated. mid valley is a big croc location la,their agreement and rental is kao kao one..My friend recently open stalls in mid valley and empire mall. If u heard of the name akachan no hoppe, selling Japanese rice balls. I roughly calculate, it needs rm100k to start. But he did it BIG la. |
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Dec 30 2013, 12:46 PM
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1,600 posts Joined: Aug 2011 |
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Dec 30 2013, 12:48 PM
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3,173 posts Joined: Nov 2010 |
QUOTE(kurangak @ Dec 30 2013, 12:42 PM) plz dun insult me.. 20k is more than enuff for roadsideQUOTE(Seriousdealerboy @ Dec 30 2013, 12:42 PM) ya buka kedai i agree is too small cos renovation of shop and interior furniture is kinda expensive.. online business cost much less than 20k laQUOTE(hey_there @ Dec 30 2013, 12:45 PM) I have no experience setting up a stall. I open a shop. I personally think shops/stalls in malls are much more complicated. thnx.. ugpmMy friend recently open stalls in mid valley and empire mall. If u heard of the name akachan no hoppe, selling Japanese rice balls. I roughly calculate, it needs rm100k to start. But he did it BIG la. |
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Dec 30 2013, 12:50 PM
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Senior Member
1,600 posts Joined: Aug 2011 |
QUOTE(Seriousdealerboy @ Dec 30 2013, 12:46 PM) Yea, the stall rental of rm4000 is the price that I ask many years ago in sg wang, top floor. I bet it's much more now. And yes, my friend's father owns quicksilver and roxy malaysia. Sure he can afford. 2 stalls is less than 6 months. |
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Dec 30 2013, 12:53 PM
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Senior Member
735 posts Joined: Apr 2009 From: Malayshire |
Depends on your location and product. If locations like MV definitely not enough. The Curve flea market is already charging like 120-180 per day depending on your spot.
If you have a lot of products of course you need to get a lot more ingredients. If it's just a simple setup at a 'reasonable' it should be enough for startup, you need to take account of your running costs. It might be more than you think. |
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Dec 30 2013, 12:59 PM
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Senior Member
3,173 posts Joined: Nov 2010 |
QUOTE(Aydee @ Dec 30 2013, 12:53 PM) Depends on your location and product. If locations like MV definitely not enough. The Curve flea market is already charging like 120-180 per day depending on your spot. 120 a day thats crazy.. more expensive than rent shop la if want open everydayIf you have a lot of products of course you need to get a lot more ingredients. If it's just a simple setup at a 'reasonable' it should be enough for startup, you need to take account of your running costs. It might be more than you think. |
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Dec 30 2013, 01:02 PM
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Junior Member
214 posts Joined: May 2013 From: ☠ ☂ ✆ ✉ ☺ |
QUOTE(WintersuN @ Dec 30 2013, 12:48 PM) ya buka kedai i agree is too small cos renovation of shop and interior furniture is kinda expensive.. online business cost much less than 20k la it will cost u a bomb alrdy.. well,20k is just comfortable for online buisness,u still need a proper webpage,advertising,license,accountant..etc etc.. (if u want to do big la).. if want to do small then 20k is ok-ok.depend on wat u sell.. |
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Dec 30 2013, 01:05 PM
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Senior Member
1,600 posts Joined: Aug 2011 |
Maybe can consider pasar malam. At the same time, u can test the market and see whether ur product can sell or not b4 u go into malls.
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Dec 30 2013, 01:05 PM
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Junior Member
214 posts Joined: May 2013 From: ☠ ☂ ✆ ✉ ☺ |
QUOTE(hey_there @ Dec 30 2013, 12:50 PM) Yea, the stall rental of rm4000 is the price that I ask many years ago in sg wang, top floor. I bet it's much more now. And yes, my friend's father owns quicksilver and roxy malaysia. Sure he can afford. 2 stalls is less than 6 months. yep,and the agreement like XXXX geh..but what to do..ppl big mall..they possess the upmost rights..and the walk flow they is really high as well..especially weekend..so is a give and take lo..fuuuuu...ur friend is one lucky guy..those buisness they steady steady geh.. sg wang now reno alrdy mah..high class alrdy..rental also high class lo |
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Dec 30 2013, 01:08 PM
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Junior Member
214 posts Joined: May 2013 From: ☠ ☂ ✆ ✉ ☺ |
QUOTE(hey_there @ Dec 30 2013, 01:05 PM) Maybe can consider pasar malam. At the same time, u can test the market and see whether ur product can sell or not b4 u go into malls. i kinda agree with this..and dont need to aim big mall first,aim for those simple shopping mall,and then focus on ur advertisement on fb or lowyat.. build a customer list first..when u confident slowly go higher.. deploy a base by base..dont rush.. 20k if plan wrong..sekejap aje gone.. |
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Dec 30 2013, 01:43 PM
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Senior Member
1,110 posts Joined: Oct 2008 |
Small money big thoughts... try with small money small thoughts... open your small kiosk at open air hawker centre also not bad... like ss2 there always busy got hungry hungry hippos...
Your rental also not as high as midvalley but you get the traffic you want... ofc in the FB world, you 'lose face' la abit... |
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Dec 30 2013, 02:30 PM
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Senior Member
3,173 posts Joined: Nov 2010 |
QUOTE(Seriousdealerboy @ Dec 30 2013, 01:08 PM) i kinda agree with this.. oh no la im not aiming for big malls.. Im also doing a detail planning and din rush to open many chains at onceand dont need to aim big mall first,aim for those simple shopping mall,and then focus on ur advertisement on fb or lowyat.. build a customer list first..when u confident slowly go higher.. deploy a base by base..dont rush.. 20k if plan wrong..sekejap aje gone.. |
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Dec 30 2013, 04:23 PM
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Senior Member
713 posts Joined: Nov 2008 |
20k for initial set-up, with nothing left to cushion subsequent operational costs?
NO way. How daring of you to assume that you'd turn an awesome profit upon day one of opening. |
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Dec 30 2013, 04:34 PM
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Senior Member
3,173 posts Joined: Nov 2010 |
QUOTE(ace.princess @ Dec 30 2013, 04:23 PM) 20k for initial set-up, with nothing left to cushion subsequent operational costs? no operational cost cos is small business. Worst also is only gaji pekerja at end of month but sure wont la until 1 bizness also dun haf.. Maybe enuff to cover then not get profit at 1st month or so..NO way. How daring of you to assume that you'd turn an awesome profit upon day one of opening. If big business then i understand la need operational cost. Correct? |
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Dec 30 2013, 04:36 PM
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Senior Member
2,109 posts Joined: Jan 2003 From: Damansara Damai, PJ |
QUOTE(WintersuN @ Dec 30 2013, 10:49 AM) Biznes like chatime or sell ice kacang in shopping mall. So set up the kiosk. Rm20k enough for initial startup? The stall and stuff la. Then other is during bizness only kira. Should b ok right? Rental and deposits gonna cost more than that already in shopping mall.. |
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Dec 30 2013, 04:39 PM
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Senior Member
3,173 posts Joined: Nov 2010 |
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Dec 30 2013, 05:24 PM
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931 posts Joined: Feb 2011 |
depend on what business and location. rent, equipment, salary, stocks and some reserve cash. 20k very tight la..
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