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 Steven's Corner Brand New Look, what if it looks like coffee bean?

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weichong
post May 9 2008, 12:34 PM

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Let me state here first, i by no means say this must be a fake, just that if you plan on joining this plan, at least call the restaurant or go to the restaurant and ask whether something like this exist.

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weichong
post May 20 2008, 10:53 AM

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QUOTE
So, loan has interest and paying "investors" is not interest? RM150 is 5% a month, so they are paying interest of 60% a year. That is way way higher than paying the bank interest. Please do your research before saying it wink.gif
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There's something you are missing here,
1) the RM150 is in food voucher, which means that you can only spend the money in the shop, thus making sure people will go to the shop and increases thier sales, although loan from bank have lower interest, there is no guarantee people will visit their shops

2) when there are always some customer in the shop, it might attract new customer to go to that shop too, especially true for shops selling food.
For example,
if you see a lot people eat in a particular shop, you will surely want to go to the shop and try out the food.

3) they give RM150 doesnt mean the cost they need to make the food is RM150. What i'm trying to say is
For example,
they sell nasi lemak for RM5, however cost of the nasi lemak might be RM2.
This means that they are only using RM60 from your capital to pay RM150

4) if they do go busted after half a year, they wont lose as much money as compared to taking loan from banks. Too many factors involved, will explain if i got bored of studying, see the red text below. LOL.

The conclusion is,
1) provided that the restaurent dont go busted, this type of investment is good if you love to eat at that restaurent
2) go and try out foods from these restaurent first if you plan to invest in it, make sure you loves the food before you invest.
3) this is a good business plan if you want to raise capital, you get capital, customers and some advertisment all in one.

i'm currently stressed from studying for my exam, just trying to relieve my stress here, ignore me if you think what i said is useless or is just some weird logic. hahaha.


edited, some spelling errors.

This post has been edited by weichong: May 20 2008, 10:54 AM
weichong
post May 20 2008, 01:42 PM

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From: Melaka


QUOTE(Jordy @ May 20 2008, 11:58 AM)
weichong, they are paying RM50 in voucher and RM150 in cash per month. RM150 is 5% "interest" based on the initial investment of RM3,000 smile.gif
if it's RM150 in voucher every month, i'll say the plan is feasible, but if it's RM50 in voucher and RM150 in cash, there is no way that company can last long -.-

the RM150 cash actually shows that the company dont plan to last long, do be careful. I say this because if they are paying cash RM150 a month, a bank loan would have been better just like Jordy previously said. sweat.gif




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