1. SG Talk


Latest Threads

Forum Statistics
  • Forum posts:900,530
  • Forum threads:137,083
  • Members:3,523
  • Latest member:ConcernedCitizen

  Bobby! See here daily life of Poor CCP! Why like that!

Posted by: Sharexchange
14 minutes ago
Forum: Market Talk
- Replies (1)

https://x.com/kiss486/status/1859454307671867775

Print this item

  a breakdown of the costs involved in running a hawker stall

Posted by: Bigiron
21 minutes ago
Forum: Market Talk
- Replies (4)

Here's a breakdown of the costs involved in running a hawker stall in Singapore, along with some considerations to help you estimate your own costs:

1. Fixed Costs:

- Rental: This is the biggest expense. The new rental policy is complex, so it's crucial to understand the assessed market rent for your chosen stall and the potential adjustments based on your bid.
- Stall License Fee:  This is an annual fee payable to the National Environment Agency (NEA).
- Utilities:  Electricity, water, and gas usage are factored in.
- Insurance:  Public liability insurance is required.
- Equipment:  Initial investment in equipment like cooking appliances, refrigerators, display cases, and tables/chairs.
- Cleaning Supplies:  Maintaining a clean stall is essential.

2. Variable Costs:

- Raw Materials:  The cost of ingredients, spices, and other supplies needed to prepare your food.
- Packaging:  Containers, bags, and other packaging for takeaway orders.
- Staff Wages:  If employing staff, their salaries and benefits are a significant expense.
- Marketing and Advertising:  Promoting your stall to attract customers.
- Maintenance and Repairs:  Keeping your equipment in good working order.
- Waste Management:  Disposal fees for food waste and other waste.

3. Additional Considerations:

- Location:  Prime locations in popular hawker centres command higher rental rates.
- Food Type:  The cost of ingredients varies greatly depending on the type of food you sell.
- Business Model:  Whether you offer dine-in, takeaway, or both will affect your costs.
- Seasonality:  Demand for certain foods can fluctuate seasonally, impacting your sales and costs.

4. Tools for Estimation:

- NEA Website:  The NEA provides information on stall rental rates and tendering processes.
- Online Business Cost Estimation Tools:  The NEA will be launching online tools in 2025 to help hawkers estimate their costs.
- Industry Associations:  Contacting hawker associations can provide insights into industry-specific costs and best practices.

Example:

Let's say you're planning to open a hawker stall selling traditional Singaporean dishes:

- Rental:  S$1,500 per month (after potential adjustments)
- Stall License Fee: S$500 per year
- Utilities: S$200 per month
- Insurance: S$100 per month
- Raw Materials: S$1,000 per week (assuming you operate 6 days a week)
- Packaging: S$100 per week
- Staff Wages: S$1,000 per week (if employing one staff member)

Total Monthly Costs:

- Fixed Costs: S$1,800 (rental, license, utilities, insurance)
- Variable Costs: S$6,000 (raw materials, packaging, staff wages)
- Total: S$7,800

Note: This is just an example, and your actual costs will vary depending on your specific circumstances. It's essential to conduct thorough research and create a detailed budget before launching your hawker stall.

Print this item

  When a country has too many CECA,........

Posted by: cityhantam
55 minutes ago
Forum: Market Talk
- Replies (7)

https://search.app?link=https%3A%2F%2Fti...336359.cms&utm_campaign=aga&utm_source=agsadl2%2Csh%2Fx%2Fgs%2Fm2%2F4
. 
.

Print this item

Lightbulb trump delivers pizza

Posted by: singaporean1964
1 hour ago
Forum: Market Talk
- Replies (2)

https://youtu.be/A4xLOQLBD4A

Print this item

Lightbulb china girl sentence to death..

Posted by: singaporean1964
1 hour ago
Forum: Market Talk
- Replies (1)

https://youtu.be/OQ8oTHtv9iE

Print this item

  Is it better to be rich, wise or attractive?

Posted by: EvertonDiehard
1 hour ago
Forum: Market Talk
- Replies (5)

If God gives you one wish, would you choose to be the richest, wisest or best looking person in the world? If you are the wealthiest person, you may buy anything you fancy and never have to work. If you are the wisest person, you will always make the correct decisions in life for you and your loved ones. If you are the best looking person, you would be able to secure an attractive life partner, improve your employment prospects and probably have more opportunities to be rich since more doors will be opened to you.

Print this item

  Musk, Ramaswamy outline ‘drastic’ cuts as US gov’t efficiency tsars

Posted by: Bigiron
2 hours ago
Forum: Market Talk
- No Replies

Musk, Ramaswamy outline ‘drastic’ cuts as US gov’t efficiency tsars | Economy | Al Jazeera
https://www.aljazeera.com/economy/2024/1...iency-tsar

Print this item

  NUS student allegedly deflated tyres of five cars in Woodlands,

Posted by: Bigiron
2 hours ago
Forum: Market Talk
- Replies (7)

NUS student allegedly deflated tyres of five cars in Woodlands, charged with being a public nuisance | The Straits Times
https://www.straitstimes.com/singapore/c...c-nuisance

Print this item

  US vetoes UN Security Council resolution on Gaza ceasefire

Posted by: CHAOS
3 hours ago
Forum: Market Talk
- Replies (3)

https://www.channelnewsasia.com/world/us...re-4760061

Print this item

  5 Key Reasons Behind Shutdown of 22,000 Chinese Semiconductor Firms

Posted by: Kumarp
4 hours ago
Forum: Market Talk
- Replies (3)

Between 2019 and 2023, over 22,000 Chinese semiconductor companies shutdown, according to reports from Liberty Times and TMTPost.

https://techovedas.com/5-key-reasons-beh...sanctions/

Print this item


  1. SG Talk