Setting up of tuition centre

[winth]

oops.

[skunk]

winth:

We are preparing for our expansion too, and we are throwing in huge sums too. If don't prepare such a sum, actually it's almost like a sure-lose.

chey....im only interested in the kind of biz where no need alot of capital, but can earn alot, don't need to input time or effort wan. what's the fun in throwing in money just to make money? i wanna make money out of nothing lol

[winth]

insider:

Hi Winth,


Can share what kind of food business are you in? I am always wondering about how those stall owners in foodcourt such as in Suntec still can make five figures per month of profit despite having to pay for similar amount of rent...

My food business is my first ever-already failed business.
We rented a half a shop in west to target mainly working & breakfast crowds, so the items sold are packed food like mee siam, porridge and sandwiches etc.

My current venture is non-F&B related.

Seriously, I also wonder how those stall owners in expensive foodcourts keep up.

[winth]

insider:

Feng Shui related? Hahaha.... those shops also making a lot of money!

wa lao... pls lar... i'm anti L.l.an Too, just like to study them for my own interest.

[Artbeaucoup]

My relative's eatery makes good money...30K for the usual months. They earn up to 60K for good months. :shock:

[Jav]

Hi Artbeaucoup,


What kind of eatery business your relative is in? Just one shop or run a chain of shops like KopiTiam, etc. Can share pls?

[Artbeaucoup]

Just one eatery. A shop. Nothing fanciful but the food’s nice. They won accolades from the TV food review show before. But let me clarify, the amount is what they made. I have not gone into the costs. Generally, they’re faring well.

[skunk]

Artbeaucoup:

Just one eatery. A shop. Nothing fanciful but the food's nice. They won accolades from the TV food review show before. But let me clarify, the amount is what they made. I have not gone into the costs. Generally, they're faring well.

that's called turnover. \"What they have made\" should be called Net Profit. The difference is very great.

[jamiechia73]

hi ! Thanks for your very detailed analysis of the tuition industry! thanks for being unselfish and for sharing all your experiences with everyone online.

[jamiechia73]

i didn’t get any reply from just education either…anyone has information to share? thanks!