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 What business should I invest in?, I have 500k in hand

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NorAzdanNordin
post Mar 30 2021, 07:41 PM

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No such thing as a low risk and high potential income business.

500k not enough for big franchise names, smaller ones that are not famous/local franchises then maybe can la.

Starting your own business from 0, especially FOOD is absurdly hard and time consuming.

If you want to start some halal chap-fan restaurant (there are Malay chap fan shops around, I’m surprised u said they don’t exist 🤣🤣🤣) I suggest u start by selling packed lunch box in ur office.

If u can handle a simple business like packed lunch box in ur office and find the time to cook & find the customers to sell to, then u can start thinking about starting a restaurant/shop.

And if ur idea of starting a business is to be an investor and not do all the work hands-on, then you’ll just lose ur capital and high chance would get cheated on.

Start small, and if u can handle starting small, then only go big and grow it.

Going big straight away without much knowledge and experience probably gonna fail.
NorAzdanNordin
post Mar 30 2021, 10:21 PM

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QUOTE(xander83 @ Mar 30 2021, 10:01 PM)
Already show signs of uncertainty which will bound to fail because he has no idea at all

Ts still thinks food business when the margins are low, competition is high, demand is dependant, food taste varies and turnover is high  rclxms.gif
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Food is a very hard business to get right without experience and knowledge.

U can have a recipe and follow the recipe exactly but sometimes the taste will be off and the whole batch can be ruined 🤣🤣🤣. Sometimes like got ghost simply kacau with ur food liao, hahaha.

 

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