Nov 4 2022, 10:05 AM
QUOTE(Drian @ Nov 4 2022, 09:57 AM)
A lot of /k seem to think profit margin is:-
Selling Price/Ingredients cost.
I've been seeing a lot of post such as , I make myself big breakfast only cost rm10, outside selling rm30.
Roti canai cost is only rm0.30 worth of flour, but selling rm1.20
They don't seem to understand the cost structure and don't really understand overhead such as rental, labour makes up a big chunk of the cost.
absolutely correct... so many people think "i make kaya toast only 80cents why atas kopitiam can sell 5RM?!"Selling Price/Ingredients cost.
I've been seeing a lot of post such as , I make myself big breakfast only cost rm10, outside selling rm30.
Roti canai cost is only rm0.30 worth of flour, but selling rm1.20
They don't seem to understand the cost structure and don't really understand overhead such as rental, labour makes up a big chunk of the cost.
real life example here for you.
opened a Juice shop for the past 6 months as my side income.
Cost in general:
Rental 6k
Manpower 5k
Raw material 3k
Gross per month in general: 20k-25k
this is not including how much i've put into my renovation (80k)
So nice to do or not you decide yourself. but generally i feel its a pain in the ass. as its a side income i have nothing to complain. but as a main primary job, wouldnt suggest doing it for me PERSONALLY.
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