In the reds. Breakeven is around +-13.5k (not incl. business loans).

Fewer visitors to the neighbourhood mall, could mean competing mall took away some business.

May mean overall consumers spending has declined.

The next or coming economic recession is unlike previous, likely caused by reduced consumers spending.

oh no... is it worth it to sustain it if it's bleeding red every month

Yes, slow down alot, after boikot Mc-D...etc many investor have left Malaysia....

Then our stupid PMX declare min wage RM1,700... next year will be even tougher many company already start shift their business to Vietnam. Because Vietnam do not have min wage.

It's the neighborhood mall, no other ones within the area unless you go out of the township. Not deep in KV where there's a mall every other kilometers.

Planning to clear business loan at start of next year so will free up some cashflow.
Also it's not exactly red every month (yet), just trending downward & only recently went into the reds is all.
Looking to be a close-to-breakeven year for me, which I guess is rather ok since some business I know went belly up as early as 2022/start of 2023, including bigger ones.

Cashing it off now means selling at a loss since alot of people are dumping theirs too (and do what with the money? everybody knows expendable income is down across the board).
Challenge of running a business in these times, and the gomen policies are just really adding more nails to the coffin, for businesses & customers alike

tough ya... hopefully you have a way moving forward

No offence, how long can you sustain for the degrowth? May I know particularly in which type of F&B ?

We are not alone, many are facing the same situation now.... some already tutup business

Few of my regular F&B customer already close down.
Notice so long didn't receive order from them, so went and Google Map search for their establishments and many of their outlets show "Closed permanently".
Then open up the boss whatsapp and notice the photo already changed to a Malay lady photo, even their number changed.

Maybe they earned enough and retired? Maybe they closed down and venture into other business?

F&B business has low barrier of entry, many are started by novices, about 90% of them failed in the first 3 years.

Hardly an offensive question. Beverage-based FnB btw.

Hard to say exactly, depends on a few factors:
1. How deep in the reds are you?
2. Any capital injection available? (Incl. personal money, if comfortable)
3. How far can you downsize? (Haven't had to do any headcount reduction yet for now).
4. Any light at the end of the tunnel that makes you feel it's worthwhile to struggle on? (Not much hope under Madani for now, feels like Bidenomics)
5. How will the OPEX increase with respect to next year's inflationary pressure?

Was very conservative during EPF withdrawal's market injection post-covid, built up some reserves atleast but not much.

dont worry, goverment sevent already get salary increase in december, water come in already, should be better then november.

Gomen servants pay is financed by mgs, tax revenue and money printing, is detrimental to economic activities in different ways.

Went to a cobbler to fix shoe, use to ask me RM12, now he asking me RM75.

So business must be good right, can demand so much.

Fix what and where

Just pasting rubber to heel. Don't ask where. But I usually do it and I know the price. So surprised now the cobbler asking me RM75.

75. Go buy a new pair of bata shoes better...

Totally agree

75 ringgit?knife also very big o...?gila~~

i c u write the worst revenue is around 12K, is this ur own pocket money or still havnt include the operating cost..?if yes, then really a hard struggle, if it is a net profit, then is very good already, so far didnt c any losss yet