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Tag: Small Business Advice

Why Malaysian Restaurants Need Inventory Management

Expanding too quickly is a problem with most restaurants. While more business is always great, it is important to maintain what you already have before moving on, especially your inventory. Failure to manage your inventory comes down to those initial stages. When you don’t take the time to sort things out during your developing stages,… Continue reading Why Malaysian Restaurants Need Inventory Management

From Ice Cream Parlor to F&B Empire: Tony Tan Caktiong (Jolibee)

Not a lot of us know that the largest fast food chain in the Philippines started off as an ice cream parlor. Yes, Jollibee, the home of the smiley red and white bee mascot that every Filipino adores, was once a little shop in Cubao, Quezon City in 1978 that served ice cream and sandwiches.… Continue reading From Ice Cream Parlor to F&B Empire: Tony Tan Caktiong (Jolibee)

The Importance of Marketing Your Beauty Spa Business in India

Every spa owner hopes of ensuring that more and more customers walk in the door and leave it after being thoroughly pampered. Some spa owners face problems in ensuring that the customers walk through the doors because they don’t pay enough attention to marketing. If you are one of them, then you need to know… Continue reading The Importance of Marketing Your Beauty Spa Business in India

5 Reasons Indian Beauty Owners Need to Know Their Competitors

In the words of Victor Kiam, an American entrepreneur, “In the world of business, competition will bite you if you keep running and if you stand they will swallow you.” These two lines sum up competition very well. If you are in the beauty industry, you need to beat your competition after knowing them. And… Continue reading 5 Reasons Indian Beauty Owners Need to Know Their Competitors

Is a Coworking Space Right for You?

If you’ve been looking for an office for your startup, you’ve undoubtedly been shocked by rental prices, overwhelmed by the idea of furnishing the place, and have likely considered just working out of your house or a coffeeshop until the business makes some money. With co-working spaces – fully equipped, beautifully designed, furnished offices that… Continue reading Is a Coworking Space Right for You?

From Small Business to Empires: How These 4 Malaysian F&B Companies Made It

Malaysians are a lucky lot when it comes to food. Due to the multi-racial aspect of our country, we are spoilt for choice with a culinary divergence that few countries can brag. Chinese, Indian, Malay – you name it, we have it. Last week, we wrote an article that identified 3 Singaporean hawkers and their… Continue reading From Small Business to Empires: How These 4 Malaysian F&B Companies Made It

How to Keep the Startup Culture as Your Company Grows

Culture is a pattern of thinking. Your startup culture is most likely spontaneous. As your startup grows you will need to examine and refine your company culture and how to leverage this as you scale your business. Using new business and accounting software will become essential to growing your business and hiring new recruits who can effectively… Continue reading How to Keep the Startup Culture as Your Company Grows

Report: Why 30% of F&B Businesses in Singapore Fail Every Year

1 in 4 F&B businesses in Singapore churn out of business every year. Many close within the first year of operations. This is the case across segments, from hawkers, to cafes and even high-end fine dining restaurants. Reputable Michelin stars restaurants too, have been leaving the scene. Why is it that even F&B operators with… Continue reading Report: Why 30% of F&B Businesses in Singapore Fail Every Year

Why Your Beauty Store Location Matters in India

Opening a beauty store in a country like India where almost everyone wants quality at the best prices is not a decision to be made lightly. Many Indian business owners have the perception that they should be saving on rent unfortunately this leads to businesses often choose the wrong location. You should not make that mistake,… Continue reading Why Your Beauty Store Location Matters in India

5 Reasons Malaysian Beauty Businesses Need to Know Their Competitors

For your business to grow, constant learning and adjustments are necessary. What are among the most important things you should be learning for your business to remain competitive? It will be none other than your competitors. Knowing who they are will help you distinguish your business from theirs and to communicate with your target market.… Continue reading 5 Reasons Malaysian Beauty Businesses Need to Know Their Competitors