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zinglicious
21-10-2010, 10:40 AM
I am thinking about incorporate business with 10 selected patrners holding minority shares. What are the proceedures and regulations for it? :confused:
Must I incorporate it as Sendirian Berhad?

DarkNite
21-10-2010, 11:21 AM
I am thinking about incorporate business with 10 selected patrners holding minority shares. What are the proceedures and regulations for it? :confused:
Must I incorporate it as Sendirian Berhad?
Ow much must I pay for the shares and wat business?

birdy
21-10-2010, 11:25 AM
You can form a partnership or incorporate a Sendirian Berhad. If you chose to form partnership, make sure get a lawyer to draft a proper partnership agreement as the liabilities of partnership are unlimited and any breach of torts could resulted all partners to be liable. So, don't play play.... :p

zinglicious
21-10-2010, 11:33 AM
Liabilties are seemly limited as it is a cash business. It is just that the hassle of sdn bhd is cost and paper work. :(
Moreover, I am working on a formula whereby either the partners or I can buyback the shares of the investment or on refund of said amount after the one year period as I am embarking on the upstream ventures. As the future forecasting is unknown, incorporation of Sdn Bhd would be done after that as then the business and patrnership mutual understanding are being tested by both parties. Ten the paper work or the cost of Sdn Bhd is justified. The only cost is a competent lawyer would be drafting the fine line of buyback by either parties during the one year period of "baby cradle care and incubation"
No play play as was burnt as blurred sotong once before. Once bitten, but not shy, just playing extra caution to protect both parties mutual interests.

zinglicious
21-10-2010, 11:47 AM
Ow much must I pay for the shares and wat business?

It is not how much per se, but what the shareholders can contribute indirectly as to assist the initial business growth. This kind of business is mean - meaningful that pllans afoot to set up kiosk in colleges and supermarkets to promote healthy food and drinks.

birdy
21-10-2010, 11:48 AM
Liabilties are seemly limited as it is a cash business. It is just that the hassle of sdn bhd is cost and paper work. :(
Not true. Liabilities can be any form. For example, one of your partner, without the knowledge of the other partner, signed a contract with another company. The contract will be binding to all the partner and should there be any liabilities arises from that, all partners are liable! :eek:

Actually, setting up a Sdn Bhd isn't that expensive ... here is rough guidance about the cost of incorporating and maintaining a Sdn Bhd :-

Incorporation :
fee + registration fee = RM3,000 ~ RM3,500 (for paid up capital of RM100K)

Annual maintenance :
Secretarial fee = Approx RM1,000 (based on RM70 per mth + filing fees - if u know someone, u can even negotiate for RM50 per mth)

Audit fee = Approx RM3,000 ~ RM5,000 (depending on type of your business and business volumes)

Tax Agent fee = Approx RM3,500 ~ RM4,000 (depending on your business volumes)

The interesting part is the liabilities are limited to your paid up (except for statutory payments). Unless you have a good partnership agreement signed, I wouldn't recommend you to form a partnership even the partners are your family members! When come to money issue, there will be no more relationship talk. I have seen / heard enough over the years.

zinglicious
21-10-2010, 11:57 AM
There you see, the initial cost oredi about thousands of ringgits! The investment by the partners is just about 200K.

Scary, but could be a potential problem where liablities is concerned. But can an non active partner sign anything on the company to rock the boat with the consents and knowledge of me as a main share holder of 50%? :confused: :eek: :confused:

birdy
21-10-2010, 12:04 PM
There you see, the initial cost oredi about thousands of ringgits! The investment by the partners is just about 200K.

Scary, but could be a potential problem where liablities is concerned. But can an non active partner sign anything on the company to rock the boat with the consents and knowledge of me as a main share holder of 50%? :confused: :eek: :confused:
That's why I suggest that you engaged a good lawyer to draft a partnership agreement. Do not simply take the free samples from the internet as some of the clauses may not applicable to your situation. I am not a lawyer but I would think that one can stated the condition for the modus operandi. If I remember correctly, these modus operandi must be make known to the public in order to be effective. What I am trying to say is assuming I don't know your modus operandi and 1 of your sleeping partner signed a contract with me and breach it, I can still sue the partnership and the partners for breach of contract. :eek: :D

Disclaimer : please verify with a lawyer what I have said

zinglicious
21-10-2010, 12:31 PM
Cannot play play with legal documentation especially from the net. And the lawyer concerned is entrusted that modus operandi is not hanky panky comes into play to protect everybody' interest. Most of all , do not want a sleeping partner to kill others who are sleeping soundly and murder one that is meant to stay awake. :eek:
Anyway, thanks for the advice, and especially the part about silent agreement with the any sexy birdies. :D
IF comes to no choice, guess have to play safe with the set up of Sendiri Berhad though it is unnecessary burdern expenditure. to keep the investment sound and safe. :)

tupai
21-10-2010, 04:03 PM
I am thinking about incorporate business with 10 selected patrners holding minority shares. What are the proceedures and regulations for it? :confused:
Must I incorporate it as Sendirian Berhad?

In reading all the above. Yr only way is a Sdn Bhd. U dont need 10 partners. U need a couple of working partners/directors (sleeping or otherwise) PLUS a few investors (with no voting rights ala 'B; shares holder). never mind that the other investors/partners are sharing the Rm100k bits, with u as the 50% main shareholder.

Seek a competent lawyer for the workings on this sdb bhd partnership.

And to say there is no business plan per se, its like going to war without a roadmap.

As a minority stakeholder, i wont sink a sen into any venture, unless I can see a roadmap bizzplan or prospectus... to be read as i no balls to take risk blur blur sotong way. :p

Yang Balless latotupai :cool:

p/s rm3k or thereabout to set up a sdn bhd co is pittance when divided by all shareholders lah. ditto loyar fees leh.

zinglicious
21-10-2010, 04:20 PM
Business plan is there all in place with beautiful projection figures in the air....but how to work with just one General without the pilots to fly the jets and sailor to submerge the submarines?
Plan to work and work according to the plan with road map and drivers with GPS to hit the road without any hitches aand avoid ditches.
Prospectus -? Not a PLC yet to print beautiful illustralion with hot airs. But come the time, the investors are invited to a eat for funding would be held with the roadmaps and GPS by the chef personally to answer simple question with hard knocks.
But the way, if I have the choice, either it is the black cat with 200K or 10 white cats with 20K each, doesnt matter. what matter is the end of the day, all the shareholders ends up with sound investment without hanky panky. For the time being, the more investors , the better to spread the risks and pool resources and chance for small timers to make it to the big board.
As I said , it is an upstream project where the market is on Zesty drinks and Zingl chicks to take on the world by storm at affordable price and impressions.
Pure simple to make it understood with USP with FAB factors by the investors and customers. :)
Moreover, it woudl be a two way traffic with buyout or backback options after the 1 year period before the final roadmap can be carved and decided to commit to travel the journey from USJ to USA. :cool:
Sort like being engaged with the sleeping partners before we decided to walk the aisle. :D

Sentinel
21-10-2010, 04:32 PM
This was a logo I created years back when I wanted to start my own "local" fried chicken franchise... :eek: after I was asked to ship to Brunei against my wish... in the end takut because afraid cannot obtain "Halal" certification without a Bumi partner... :mad:

Now I am too old to have the right energy to start a franchise business... so all the logos in my hard disk can be discarded...

http://i233.photobucket.com/albums/ee122/GreenBug19/AyamRiaLogo2.jpg

zinglicious
21-10-2010, 04:43 PM
Had that similar in paper and in mind - the three colors of white , blue and red. But the chick I have is sexier than yours. My baked stuff, yours fried! :D

Sentinel
21-10-2010, 04:53 PM
Ayam Ria means happy chicken, it didn't say ayam goreng lah! You can use this and adapt if you want, like I said, saya sudah terlalu tua, missed the boat for developing and nurturing a franchise...

zinglicious
21-10-2010, 05:01 PM
I thought you said "fried chicken" when you planned local franchise? :confused:
Anyhow, Colonel Sanders when he start peddling his KFC fried chicken, he oredi have white hairs all over. So it is not too late for your franchise of Ayam Ria ;)
But then your market would be limited to Malaysia, Singapore, brunei and Indo market as other countries wouldnt understand it is fried chicken. It may be easily misunderstood with the chicken logo with happy hours or sumthing else :eek:

tupai
21-10-2010, 05:08 PM
Ayam Ria means happy chicken, it didn't say ayam goreng lah! You can use this and adapt if you want, like I said, saya sudah terlalu tua, missed the boat for developing and nurturing a franchise...

aiyohyoh..no1 is too tua to do anything lah bro....U BOLEH!

I had one of the BESTEST chicken dish in Bandung/Jakarta, Manado and some say Boroboduh...the franchised Ibu sumthin? Ayam Penyet...kinda deep fried smashed chicken, with very light crunchy coating. And u dip it in a special chilli sauce...

Really seriously smashing DELICIOUS! It was not like deep fried kawkaw & dry like the kfc breats plywood thingy.

Yang BerSmashing good latotupai :D

zinglicious
21-10-2010, 05:19 PM
If it is that delicious, you can start taking it over and rebrand it from IBU Ayam or Ayam Pendek to Chicken Mamasan to take on world from here to HK and China. Men would be waiting in line........... :D
Yang Ber Q ing in line 2. ;)

tupai
21-10-2010, 05:42 PM
If it is that delicious, you can start taking it over and rebrand it from IBU Ayam or Ayam Pendek to Chicken Mamasan to take on world from here to HK and China. Men would be waiting in line........... :D
Yang Ber Q ing in line 2. ;)

I say I enjoy 'em chicken...NOT importing 'em lah! !

And if chicken from China? I usually go to the source to have a local gourmet feast fest. And some taste tests too :D Most of the imported china chicken available here are old, fulla lard, and rejected stock lah! :eek: But a few spring chicken do appear once a while lah. :p

So, maybe you should experiment smashing the chicken b4 u goreng em? I can for a small fee, be yr critic...I mean tester, i mean taster :p

I can also offer my halfcooked 1sen on yr bizz Incorp. This 1 is free lah.. :p

Yang Bersatu Sen latotupai

zinglicious
21-10-2010, 05:49 PM
Why not? I you dont wanna, me going to be Chcken first, Malaysian at heart to export Ayam or chicken or pegions to all the nooks and regions of the world. :D
At this stage, got headstart with free logo from Sentinel and end up with free expert taster and free biz sen from Tupai and the Chirpmonks.
Yang bercompeting with MCD as the Magnum Jackpot Nombor as the NYSE largest food bluecheep PLC. :cool:

DarkNite
21-10-2010, 06:09 PM
Ayam Penyet...kinda deep fried smashed chicken, with very light crunchy coating. And u dip it in a special chilli sauce...
This one I joined a very long queue with the 'kiasi & kiasu' people at Jurong Point. Was worth it, banyak lagi finger lickin' good!

Dunno if it is the same franchised Ibu sumthin?

Sentinel
21-10-2010, 06:47 PM
I thought you said "fried chicken" when you planned local franchise? :confused:
Anyhow, Colonel Sanders when he start peddling his KFC fried chicken, he oredi have white hairs all over. So it is not too late for your franchise of Ayam Ria ;)
But then your market would be limited to Malaysia, Singapore, brunei and Indo market as other countries wouldnt understand it is fried chicken. It may be easily misunderstood with the chicken logo with happy hours or sumthing else :eek:
Focus on Malaysia and Brunei is big enough market for fried chicken. 30-50 franchised outlets, manageable lah, don't think of going global lah, don't listen to your 1PM lah! And "Ayam" is understood in these countries, including Singapore!

Just look at Sugarbun from Kuching, went public and boom, and then downhill when they expanded into West Malaysia. They had something going in the entire Borneo but downhill when they went bigger... Just look at Jollibee from Phillipines and you know what I mean...

Sentinel
21-10-2010, 06:55 PM
BTW why do you want to control 50% or have 10 shareholders for the other 50%? If you want to have control, its not thru such things... its thru your Articles of Association and Articles of Incorporation which you can do the clauses as you might wish. Directors can't interfere except during AGM which is once a year unless they are designated Executive Directors... spreading the shares thin doesn't really help you.

The key is a realistic Biz Plan and its viability... and a few really good partners. You can't develop business alone if you are into such food business where production, marketing and operations are involved.

zinglicious
21-10-2010, 07:42 PM
It is not the control per se but after being bitten, came out of it shy and left me out barely alive. But what didnt kill me , makes me stronger.
At the end of it , it is not the articles of Incorporation, but attitudes of partners either working or sleeping. I am in the business of making monies in the bottom line and cannot afford to waste the time in disputes or partners suing the company or company suing the partners for whatever pracice where is doing damaging to the company.
Spreading the shares is one of the unique way I see it as multi participation where it benefits small investors and also may make use of multi supports from them. Of course I cannot develope the business plan alone that is why I agreed in participation with more heads and minds. My head is only good for cooking and my hands are tied with preparing drinks.
I am greedy not because the PM says so. Slogan here and there but without genuine interest.
Sugar Bun? Even the Old Town Kopitown outgrow them though they are much newer in the incorporation of the business. And they are not even public listed yet! Bigger is bad? Yes, it is bad if the standard operating proceedures are not done right and nepotism. Look at Yeo Hiap Seng. They were so big that even Nestle was afraid of them. One of the first Malaysian company that has gone international with thier Yeo's Curry Ayam, UHT drinks, and Kaya. The the saudara saudari issue crept in.......
Must think big otherwise it would be meaningless like the original Old Town coffeeshop or Lo Wong Nga Choy Kai. Those brothers were still chopping the chicken till they died while the operators of old Town Kopitiam was reportedly sold off thier franchise or was approached by Berjaya for 300million in about 10 years of operation. :(
And the roadmap to success of course must be realistic - not just some pages of marketing plans from Taylors or Segi colleges. Or so glossy pages of business persentations from Mirosoft Works. the path must be known with USP and products tested with managment skills. The highway would be having some great marketing planners and superb advertizing wiz. And all these can be acheived with good hands, great minds and trusted partners. :cool:
BTW, PFChang is emerging as the biggest chinese restaurant blue chip company in USA and it was headed by non Chinese. Those ABC - American Born Chinese are still peddling thier trade in Chinatown sellling chop suey or General Tso Chicken. :eek:

leesiew
21-10-2010, 09:05 PM
Partnership in business? I'd prefer to go it alone. No hassles. Can be tricky in the beginning of course especially if the capital required is huge but once that is taken care off, the sailing should be smooth. If you're planning to collaborate with relatives, that may even be more tricky. You might end up being enemies!! I thought I read a forumer's predicament to that effect but I forgot who he was. Having said that, of course there are happy endings too. I wish you all the best.

Raikonen
21-10-2010, 09:37 PM
10 partners? Good luck! Best u do a sdn bhd and have a watertight shareholders' agreement drawn up. U can find the salient points of the agreement from samples online but do use proper lawyers and tax agents. Don't be penny wise pound foolish yeah.

Sentinel
21-10-2010, 11:19 PM
It is not the control per se but after being bitten, came out of it shy and left me out barely alive. But what didnt kill me , makes me stronger.
At the end of it , it is not the articles of Incorporation, but attitudes of partners either working or sleeping. I am in the business of making monies in the bottom line and cannot afford to waste the time in disputes or partners suing the company or company suing the partners for whatever pracice where is doing damaging to the company.
Spreading the shares is one of the unique way I see it as multi participation where it benefits small investors and also may make use of multi supports from them. Of course I cannot develope the business plan alone that is why I agreed in participation with more heads and minds. My head is only good for cooking and my hands are tied with preparing drinks.

I thought ZINGLICIOUS was a hobby and not keen in making money, thats what you told us before, or did I hear it wrongly? As more heads being better than a few, I am not so sure. Great ideas normally come from 1 great mind, its the details others help to fill in.


I am greedy not because the PM says so. Slogan here and there but without genuine interest.
Sugar Bun? Even the Old Town Kopitown outgrow them though they are much newer in the incorporation of the business. And they are not even public listed yet! Bigger is bad? Yes, it is bad if the standard operating proceedures are not done right and nepotism. Look at Yeo Hiap Seng. They were so big that even Nestle was afraid of them. One of the first Malaysian company that has gone international with thier Yeo's Curry Ayam, UHT drinks, and Kaya. The the saudara saudari issue crept in.......

There are only two products Nestle and Yeo's have in common - Chilli Sauce and Soya Bean Drink. I never knew Nestle was ever 'afraid' of them? I knew we were watching the Chilli Sauce taking volume from the Chinese segment of the market but afraid of the entire organization?


Must think big otherwise it would be meaningless like the original Old Town coffeeshop or Lo Wong Nga Choy Kai. Those brothers were still chopping the chicken till they died while the operators of old Town Kopitiam was reportedly sold off thier franchise or was approached by Berjaya for 300million in about 10 years of operation. :(
I thought it was the Old Town Kopitiam putting their franchise up for biggest bidders rather than being approached by Berjaya?

Sentinel
22-10-2010, 12:19 AM
Partnership in business? I'd prefer to go it alone. No hassles. Can be tricky in the beginning of course especially if the capital required is huge but once that is taken care off, the sailing should be smooth. If you're planning to collaborate with relatives, that may even be more tricky. You might end up being enemies!! I thought I read a forumer's predicament to that effect but I forgot who he was. Having said that, of course there are happy endings too. I wish you all the best.
I was one of those who wrote earlier, leesiew, of my disappointment with business partners and it was because of greed....

I always thought I have been a good judge of people but I have been proven wrong many times, sadly. Recently I met someone and he was definitely older than me and to my surprise he was really not capable in terms of handling people and has no business acumen. I had worked on a joint project hoping to help him make lots of money too but at one point, he even questioned me about my integrity and honesty, I shot back and dropped the project. But he sounded desperate so I took up the case again, big mistake.

Key information and critical facts known priorly were kept from me and I made many wrong calls because of that. The project fell flat and I am really disappointed.

Sometimes it best just to go it alone esp if you are a capable person, forget about helping others, they don't appreciate you really, they help screw you up actually. :mad:

zinglicious
23-10-2010, 06:07 AM
[QUOTE=Sentinel]I thought ZINGLICIOUS was a hobby and not keen in making money, thats what you told us before, or did I hear it wrongly? As more heads being better than a few, I am not so sure. Great ideas normally come from 1 great mind, its the details others help to fill in.

Never did I said Zinglcious is a hobby! Even I got tell Tupai from jumping up and down to say I do it for money laundering. Not only, that when I got to buy out my patrners by through house refinancing which belongs to my wifey when I got screwed out tight, it was all in this forum many moons back when I was asking for pointers how to do with bankers who tooks blardy months to to it. All black and white! :mad:

So dont put spices in my soup again or you had been misunderstood all along by dedicating Starry Starry Night to me saying I was crazy enough to do business without profit in mind. That may be true, as I rather have monies chasing me than me chasing the monies. ;)

If I think of solely profit angle alone, the first thing I do is to use the newest agent of artificial flavorings which is reportedly 3 times better than Ajinomotto and can be use to mask flavor in drinks too. ( I even put up a thread on it last month ) And apart from that, from formadehyle to boric acid , me know how to mix and match. And not forgetting putting plastic straw wax to make my chicken crisp. if I were to be a crook cook, I could be the best in the whole of Subang, some say Petaling Jaya and KL too!

Do it alone? yeah I seen the days of Ipoh Nga Choy Gai and Penang CKT sisters who are talented are stirring and flying wok until today but untalented Penang Kia who started washing dishes to owning more than 10 restaurants with daily sales of 10,000K in USD within 20 years period and casme back with Datuk title and gave the tikus some running space at SS15 Asia Cafe and Puchong too. :eek:

The Mean Chef didnt do it for hobby, but out of passions to cooking healthy food which if the taste is acceptably tasty for customers, then it is a big bonus to me. Making good monies by having more people enjoy Zinglicious food is not evil, the love for money where principles and quality is being compromised is the roots of all evils. :cool:

My real joy is not serving all the VIP in my Chef room with tuna to lobster but seeing guys like Ah Beng or Ah Lian enjoying a simple fried rice without MSG and still amaze them. :)

Great ideas comes from one mind? It is true as too many cooks would spoil the broth. But it takes the farmers to supply the greens, the fisherman to have the catch of the day, and the cowboy to shout Rawhide! Google comes with partners, so is Microsoft too!Great ideas do not usually comes with one great mind to make it work finally. Aeroplanes was developed from the theories from newton F-MXA, to 1=2=3=4=5 from birds to kite and finally to Wright brothers aeroplane flight to glory. Single idea just cant fly of the shelf by itself, right? The world of soccer needs 11 working players with one aim to get the ball into the net either by heads and legs :rolleyes:

That is why the Mean Chef decided to make it big , strong and friendly enough emulate Paul Newman's Own where his legacy lives on with his generousity or charity. http://www.newmansown.com/ourstory.aspx :cool:

And it is not a hobby but a visionary and workable ideal idea. In fact, part of the profit would be diverted to the Mean Chef mood swings - he might use the 20% to reward key staff, charity causes, or buy Tupai some single malted whiskey for his 1sen advertising idea that makes Zinglcious so mouthful with goodies. Got Zing? ;)

Sentinel
24-10-2010, 05:15 PM
Good luck.

zinglicious
25-10-2010, 05:39 AM
Thanks for the luck as it might the missing part of being successful as Thomas Edision was quoted - Success = 99% sweat and 1% luck. ;)

Nevertheless, restaurant business is a risky venture. You have cockroaches problems like cash flows, rat problems like stock inventory, flies problems i.e. sales projection annd bugs like staff shortage. Also competitors would be coming with deep promotion like buy one ridsect, get one free to crush you flat. Look at those restaurants in SS15. Many new restaurants would fold up like dead flies less than 1 year with all the ongoing Ridsects spray! :eek:

Incidentally, there is an article by The Star today abotu the lure of food business which gives a lot of headaches. http://thestar.com.my/metro/story.asp?file=/2010/10/24/sundaymetro/7281318&sec=sundaymetro

If only, they interview me...... the readers would have known the other adverse reaction of headaches, it also gives ton of heartaches especially if your partners could wreck your passions of owning and running a restaurant. :(

zinglicious
27-10-2010, 09:39 AM
This Friday, I would be inviting forumers at 9p.m. to give ideas and critics on business incorporattion for Zinglicious. RSVP :)
THIS IS NOT A SOLICITATION FOR INVESTORS and THE MEAN CHEF WOULD NOT AFFORD TO PAY PROFESSIONAL FEE EITHER FOR THE OUTPUT FROM PROFESSIONAL AND BUSINESS LEADERS ADVICES. ;)
But refreshment of USA sushi roll and bananrama desserts would be served from bottom of my heart gratitude. RSVP. :cool:

tupai
27-10-2010, 10:12 PM
sorry ol'chap. Gotta pass that sushi roll and 2kill4 dessert...U lost to the regular Whisky, pool and BikeBabesBeach nite amgst tat'd bikers. :D

Yang BBBBB d way latotupai :cool:

zinglicious
28-10-2010, 04:44 PM
Maybe should cancel the meeting and meet up with the babesbitchesbeaches and swing along with some whisky as there is no PM of RSVP on Friday. In fact, just met two of them today as they unable to make it on Friday. Thanks for the advices. :) ;) :)

zinglicious
29-10-2010, 04:13 AM
It is cancelled on Friday which is today! Not because I am joining Tupai BaikBabesBeaches fun nite but have to hold a discussions with Jan & others on the " eat for fund, exchange books , looks" today.
The " Hentam the Mean Chef Plan" over the business incorporation would be held on Sunday 5p.m. instead. :o

zinglicious
03-11-2010, 07:49 AM
People came for the Hentam the mean Chef Plan on Friday though it was cancelled but nobody came for the session on Sunday. :confused:
Then again, instead of Hentam the Chef, it was questions on investments.
The final call to Hentam the Chef and bits of biz plan is on this Saturday - 11pm. :eek:

Aquarius
04-11-2010, 11:28 PM
Hey Chef

Since I came already last Friday, I don't need to come this Sunday... right?

zinglicious
05-11-2010, 10:33 AM
Read the fine print - it is Saturdaylah -.If you dont do that, you be conned until your monies would be doggone in case you are selected to be stakeholders with upfront monies of 150.000KKK. :D ;) :D.
I have arranged for those whom I have met separately earlier because of time constraints, to be met on tomorrow, as it would be more meaningful for you guys to Hentam the Chef with more punches. It would have more kicks!Anyway, it is Right after the buffet dinner as Chinaman eat first, talk later. See Ya. :D ;) :D

Aquarius
06-11-2010, 03:23 AM
Oh ok, I am going to the buffett anyway....

zinglicious
09-11-2010, 05:30 AM
There would be talk on Zinglicious Incorp this Friday 9p.m. for those who are interested in buying stakes. Among the ideal investors would be those who can help Zinglcious to make impact in food business are those from legal, internet, accounting, marketing and advertising professionals who wanna to risk thier monies in possible outcome projected business plans in setting up kiosks in the supermarkets and colleges but at the same time to realise potential gains.

Notable conditions as stakes are sold on the basis where it can be sold back to the corporation at 5% per annum and vice versa if deemed necessarry in the interest of the corporation. Part of the projected profit of 20%, if and when achieved would be left to the management to be distributed to key staff as incentive or employee shares options and charity to needy organisations like the old folks homes and orphanges by the managment.

Zinglcious menu are proven as in customers acceptance in terms of its healthy, yet tasty features.What it needs is a pool of talented stakesholders who would help to assist in making it successful from marketing, advertizing, nooks and corners with insiders inputs.

Kindly take note, the stakes taken here is not a basis on securing with existing business of the stakeholders to Zinglicious as we would go for best price quotation in best interest of all stakeholders. It is purely an investment where monies is made out of professional inputs of creating a world class food catering business.

Creating healthy food that is tasty is Mean Chef passion with a combo ingredients like CASH - Commitment, Attitude, Skills, and Habit where stakeholders would be benefiting from potential investment growth like this model corporation which the chef try to emulate - http://newmansown.com/ourstory.aspx

As such, the Mean Chef would be woking up the talk himself without artificial flavoring or coloring instead of beautiful glossy prospectus of biz plans taken from Taylor MBA model exam assignment in the presentation. Instead of projected income, it would be actually outcome projection based on the variables.

If this is not Wok The Talk, what is? The mean Chef who means what he said. ;) :) ;)

zinglicious
01-12-2010, 07:26 AM
Apparently, there was less than 6 pax which have had shown interests and got to scrapped the whole ideas as it lack of the requirement quotas of 10 pax to raise 200k.
Emerged one senior corporate guy who have had shown interests in exclusive Zinglcious's American VIP drinks ,Chicken Facts and Fishes Fancies franchising business potentials from Sunway Pyramid to Subang Parade, Segi College to Taylor College. He even upped the ante with 2 millions to spare though all I wanted was Rm200k Christmas gift pack starter and grow from there. Moreover, he would be flexing muscles over the direction of business marketing while leaving me the free hands to cook MSG-free food which is my tasty passions.
So, the question remains ? so I go for multi choices sleeping partners or just one sweetheart? :confused: :confused: :confused:

tupai
01-12-2010, 09:49 AM
...
So, the question remains ? so I go for multi choices sleeping partners or just one sweetheart? :confused: :confused: :confused:

what kinda $illy billy question i$ that? If u need to a$k, u hv lo$t the plot!

Ju$t take the money and wok! :cool:

Yang Blur sotong latotupai :cool: