Saturday, May 26, 2007
Restaurant Business in Malaysia
If you have a chance to start a business which you can be a taukeh (English = owner)and no longer work for others what you want to do? Well my dream is to open a cafe in Kuala Lumpur those like in Flinders Lane, Melbourne selling coffee, sandwiches, pastries, confectionary and take away... A place for people or friends to meet up or gathering. Interesting right, but the dream is still far away.... HA HA HA...
Well for the last whole week I was hectic about running on prepartion to start up for a restaurant in Kuala Lumpur... (P/S. Don't congrates me, I'm not the owner yet!!!) Sigh I was merely giving a helping hand for the owner (foreigner) ONLY!!! Groans....
The dream to start a restaurant or cafe in Malaysia isn't easy for new starter but you'll learn the business methodology along the way if you have a good advicer to guide you along and with sufficient fund to run the daily operation. If you don't have please seek help from others if not I just feel that you're dumping your precious savings to the sea. (After I've get myself involved so many since last week... a good experience as I feel that I'm running the show instead of the boss!!!)
There are so many things that you must look into consideration before the start up of the cafe or restaurant business in Malaysia. Here are some tips for you:
1. Renovation (Give your restaurant a theme so that your renovation is according to it)
2. Location (If you want to have high turnover on your restaurant go for high density areas, the rental will be pretty high but I'm sure it could covered your cost in the end)
3. Materials (Source yourself instead of asking middleman to help you. You will pick up a lot of knowledge from there on)
4. Licences (Application of licences)
7. Last but not least, FUND
If you have the overall ideas of the above in place I think your restaurant will be running smoothly.
How to calculate the break even of the business? (For new starter)
A simple calculation as follows:
Walk in customer 100 daily
Average spending per person RM5.00
Monthly turnover 100 X RM5.00 = 500 per day X 30 Days = RM15,000
Less your expenditure
Rental RM X,XXX
Staff RM X,XXX
Material RM X,XXX
Month Turnover - Monthly Expenditure = Net profit
If you can resolve the above equation, You can start a restaurant in Malaysia!!!
To know more about restaurant in Malaysia please go to Western Restaurant, Asian Restaurant, Japanese Restaurant, Korean Restaurant, and Local delights or click on Pamper Zone.