Why don't you quit and work 9-to-5? Entrepreneur slams cafe owner's advice on not starting F&B business
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f&b is low entry but highly competitive biz
Most people don't make it opening restaurant.
Hawker and coffee shop stalls are better chances for making $$.
Some people should not try to start a business as is risky and requires more effort than what they think. What person said is valid for such people....not everyone.
A minority can still make it ....Chee Soon Juan seems to have made it and tends to help boost his image more than anything as it shows he can create a business in a very competitive area where many have failed and sustain it.
A lot Factors involve.
Funding always the KEY thing.
This is why Grab you see losing money yet still got " investor pump in money " or else they already close shop
and our GIC TS Holdings is one them...zzzzz
lol actually that ice cream Owner DON'T WANT MUCH Competitor rah.
So tell u " negative things to those wanna go into F&B Business. "
(17-01-2023, 05:52 PM)sgbuffett Wrote: [ -> ]Most people don't make it opening restaurant.
Hawker and coffee shop stalls are better chances for making $$.
Some people should not try to start a business as is risky and requires more effort than what they think. What person said is valid for such people....not everyone.
A minority can still make it ....Chee Soon Juan seems to have made it and tends to help boost his image more than anything as it shows he can create a business in a very competitive area where many have failed and sustain it.
Chee Soon Juan seems to be successful in running a cafe, and also open another cafe. I wonder will he still be an opposition leader in our political arena.........?
(17-01-2023, 05:52 PM)sgbuffett Wrote: [ -> ]Most people don't make it opening restaurant.
Hawker and coffee shop stalls are better chances for making $$.
Some people should not try to start a business as is risky and requires more effort than what they think. What person said is valid for such people....not everyone.
A minority can still make it ....Chee Soon Juan seems to have made it and tends to help boost his image more than anything as it shows he can create a business in a very competitive area where many have failed and sustain it.
Hawkers are low cost low risks. loss $20k not $200k.
