Lately I've been busy travelling around searching for a place to start some small business. North, east & west. Distance is not an issue because close proximity does not equal better profits.
As we will only be running a small business so naturally we are only sourcing for a small space, preferrably half a shop.
My partner and I sort of set our eyes on this place in Teban Gardens. Yes, you heard me right. Teban Gardens. A small little stand alone neighbourhood. Not much activity & not much variety of retailers there too. The shop that is looking for sub-tenants is a hair salon with a rather clean & classy design. First impression was really good & the space they offered although rather small, seemed sufficient for our operation. I checked out the surrounding retailers & was quite pleased that there isn't any competition within that area. Everything look good indeed.
Yesterday I spent about 6 hours there to monitor the traffic. From 11am to 2pm & from 6pm to 9pm. The lunch crowd wasn't really up to my expectations but the dinner crowd was still acceptable. With Seng Siong supermart situated a stone's throw away, crowd was good from 7 to 9pm.
With our minds already half set on the location, now all we need to do is to confirm the weekend crowd. Frankly speaking, I have no intention to run a 5 day or 6 day retail business as that would raise my daily overhead.
What I'm most interested at the moment is the mosque standing right next to the hair salon, hopeful as we are that Fridays will be packed with muslims. As our trade is quite appealing to the malay race, their existence within the premises is a definite pull factor.
Once everything is confirmed, there'll be so much work to do. Liasing with contractors to renovate the place, buying of operation tools & miscellaneous stuffs, applying for a company & the license required, opening bank accounts, ordering of goods etc etc. It's actually a lot of work & it sure as hell takes a lot of time.
All we can hope for is everything runs smoothly. Any hiccups means more time & money wasted. I wish us good luck.
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7 comments:
Good Luck to both of you!!!!
:)
we shall check it out on wkend :)
I can see the light :)
Yes my love! The path is clearer now. The first tile on the route to our future!
Hurray!!!!!!!!!
YEaH! so happy..
Sounds good! Being your own boss. Are you moonlighting or becoming your own boss for good?
Anna: I don't find myself suitable to be an employee for I have a weird temper. Ultimately I have to strike out on my own & I guess now is the time.
Congrats! I always have dreams to become my own boss too. Well, it's not the right time yet! Need to save more $$ first.
Anna: Thank you! The day will come for you too. It's all about the right timing.
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