F&B provides low barrier to enter.
with 50k, i don't really think it's too sufficient.
depending on the location, the rent will sliced you into half or
quarters; like how azumi sliced her enemy.
unless you have some old old old bird in this line to help you,
else it's gonna be very tough for startup.
sg are skilled copy-cat. even if you create a craze, it won't be
long before someone / some company copied your idea, made a few
modification and launch as their own. thus, ur profit margin would
be sliced up before you even know it.
ppl are tempremental also. no matter how creative your food are,
they get bored/sick of it easily.
it's impossible to get a food "copyrighted", so not much
protection.
as such, do plan how you can create a unique businesswith a
moderately high barrier to enter factor.
and ya, any ideas that are shared through in this thread most
likely won't work also. (my humble person opinion though)
to save on all the uncertainies, "fan chou"(franchise) could be a
best move.. but again, 50K (mostly) cannot even buy the
signboard..
else,
go overseas to study the f&b trend. sg are not that creative,
as we are taught to follow not create, a soon to be in-thing at
taiwan/hk will hit us.
but like i mentioned previously, craze are craze, profit won't last
long.. to last, you have got to bait and "create" and most impt, a
system to maintain consistency.
cannot be same food, today taste like cake, tml taste like da
bian..
