Setting up of tuition centre

[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!

[skunk]

for all u know, maybe closed down already LOL won't be surprised, with competition so tough, costs so high, and fees unchanged for so many years.


In fact, i remember what my dad paid for my tuition 15 years ago, is the same as rates today.

Can survive, cannot HUAT wan, this business, don't say those few exceptions.

Unless u consider $4K to $6K a month damm good money, then i got nothing to say LOL

[tanlim]

Hi parents!


Sorry for digging up such an old post!

anyone still keen in setting up their own business?

[Jav]

Yes, i do.