Sunday, 24 June 2018
Read? F&B workers in Singapore to be assessed if they can get on wage ladder
Walau!
Two outlets closed shop this month now.
They truly practice cut losses to stop bleeding more cash!
Tough business!!!
Any youth thinking of opening F&B business?
Left 14 outlets in 8 shopping malls and that is 2 outlets and 1 mall less than he has started on Jan 2017.
Look like high rate of failure in this sector for new comers.
ReplyDeleteLosers can come and go but landlord will continue to win unless the economy collapse
ReplyDeleteHi bro cw
ReplyDeleteI feel that f&b now quite challenging as a lot big brand & good brand competitors & also have to compete with local hawkers nice & cheap food. I saw some youngster they open stall at pasar malam the idea not bad... Can test water at pasar malam 1st before invest big money in kitchen appliances, reno shop, get employee bla bla bla... just sharing :)
Sy
Is starting F&B consider as Start Up and waiting for angel funding to grow? No?
DeleteHi bro cw
ReplyDeleteYes. Can get govern funding thats what I heard from a fren said...