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usj19
19-05-2011, 07:54 PM
if I have 200k, what business I could do? Any franchise that anyone would recommend? Or anyone looking for business partner? I'm willing to learn more about it if you could PM me....

or any business NOT to do.... also kindly advise....

i'm in my early 30s, considering a career change not for big money but a relatively "steadier" income...

thank you....

termibait
19-05-2011, 08:13 PM
Join Termibait???!!! :)

zinglicious
20-05-2011, 04:25 AM
But then, you are in the movie production. Why not investing in it movies with your expertise? :confused:
I am not handsome but sure look and act meaner than Chef Gordon Ramsay. Not just chop veggies with my eyes closed, but can speak more languages than him of WTH. Pool your expertise in production and I pool in my mean but meaningful meals - we make a reality cooking show called the Mean Chef to kick some ass oops I mean to say tastebuds. Now that is one meaningful partnership to consider :D

fRaNkY
20-05-2011, 08:57 AM
I am also thinking of career change soon, atleast have time for kids and myself.... and photography.

usj19
20-05-2011, 10:16 AM
But then, you are in the movie production. Why not investing in it movies with your expertise? :confused:
I am not handsome but sure look and act meaner than Chef Gordon Ramsay. Not just chop veggies with my eyes closed, but can speak more languages than him of WTH. Pool your expertise in production and I pool in my mean but meaningful meals - we make a reality cooking show called the Mean Chef to kick some ass oops I mean to say tastebuds. Now that is one meaningful partnership to consider :D


Thank you everyone for your replies...

Movies are for those who could afford the risk. It's a high risk business with insanely high return potential (if you hit the jackpot lah). Movies made with 1.5m could reach over 6 million or even 8m, but again, it's for those who have a few millions to gamble (for multi-millionaires maybe).

200k is probably all i could muster at the moment... so have to choose something safer... :D

I'm sure there are some companies that do cooking shows now ... if you're serious in doing it, you could send me your profile, and I pass around... (though most would choose TV celebrities over real chef... haha)... or if you have sponsors for the show, you could propose one to the TV station too...

usj19
20-05-2011, 10:17 AM
I am also thinking of career change soon, atleast have time for kids and myself.... and photography.

yes, how I wish I have time to do the things I truly love... hope your plan goes smoothly!

QuietStorm
20-05-2011, 10:33 AM
I am also thinking of career change soon, atleast have time for kids and myself.... and photography.Go for it, Franky. You have my support...not in cash but in spirit, k! :p:p Go Franky, go! :D:D

zinglicious
20-05-2011, 11:49 AM
Thank you everyone for your replies... Movies are for those who could afford the risk. It's a high risk business with insanely high return potential (if you hit the jackpot lah). Movies made with 1.5m could reach over 6 million or even 8m, but again, it's for those who have a few millions to gamble (for multi-millionaires maybe). 200k is probably all i could muster at the moment... so have to choose something safer... :D I'm sure there are some companies that do cooking shows now ... if you're serious in doing it, you could send me your profile, and I pass around... (though most would choose TV celebrities over real chef... haha)... or if you have sponsors for the show, you could propose one to the TV station too... Heck, Chef Gordon Ramsay is no RIchard Gere or Tom Cruise celebrities, but his tv reality show Hell Kitchen has spunned him into 10th seasons with other highly rated TV shows like Kitchen Nightmares and F. People want to see some real stuff of what is actually happening and that is a TV reality. ;) The Kan Cheong TV8 show has been canned and the Hot Chef is not so hot anyway. But be very surprised when I say my ' Mean Chef " show is exciting and even differ from the Hell Kitchen. But then, just like Alexander invention, my phone is not really ringing off the hooks either from the media :confused:

Choon1980
20-05-2011, 12:55 PM
I heard over the radio recently there's going to be an audition for Master Chef Malaysia. Maybe you can try it out, zinglicious?

SiangMalam
20-05-2011, 10:31 PM
I am also thinking of career change soon, atleast have time for kids and myself.... and photography.
Franky, what are you doing now in terms of skill-sets? Engineering? IT?

I have seen some of the photographs of yours when you showed them to USJ27Resident at Syed Bistro during the Friday Teh Tarek sessions. They were good and professional shots, I must say!

Ever thought of combining your skill sets with your hobby photography in a new independent business? Let us have teh tarek again someday, maybe we can pow wow on this.

CS Chua
21-05-2011, 10:35 AM
if I have 200k, what business I could do? Any franchise that anyone would recommend? Or anyone looking for business partner? I'm willing to learn more about it if you could PM me....

or any business NOT to do.... also kindly advise....

i'm in my early 30s, considering a career change not for big money but a relatively "steadier" income...

thank you....
Off hand, I suggest:

1. Start a cleaning company for offices and houses. A friend did quite well.
2. Open a bakery shop - if you like baking. Always room for one more good cheese cake.
3. Open a tuition center. Some of them are making big bucks.

It really depends on your current skill sets and aptitude. Reflect on those and it will give you more ideas.

DarkNite
21-05-2011, 01:59 PM
usj19 -
I have yet to come across any F&B franchise that is made-in-Malaysia having a program that ensure the success of their franchisee.

For small business, suggest you have a look at laundry.
BTW are you married and/or any other dependents?

OT - One Dragon (Ee Tiau Long) is still there but the chef is very old already. Their BBQ pork ribs is superb but unfortunately he is too old to do it! :(

fRaNkY
21-05-2011, 02:23 PM
If u like laundry there r some for sale in The Star classified. Saw one in usj14 tat day

jan tomaswaki
21-05-2011, 03:10 PM
usj19 -
I have yet to come across any F&B franchise that is made-in-Malaysia having a program that ensure the success of their franchisee.
For small business, suggest you have a look at laundry.
BTW are you married and/or any other dependents? :(

Secret recipie,Chicken Shop,Marry Brown Old Town,semua buatan malaysia :D
Doing a small retail business with limited budget must have lots of patient,first thing is,
1) do you want to take off on Sundays or public holidays,?if you shop is located in a high traffic volume on Sundays like Ikea,Mid Valley,do the management allow you to take off on Sundays.One shopping center in KL will fine any shops that closes on Sundays for RM600 per day. :o
Laundry business is not a bad option but it also takes at least 12hrs of your time.Retail business is a business where the propierter must be there almost everyday as you are dealing with CASH.Can you trust your staff?

fRaNkY
21-05-2011, 03:32 PM
There r some exhibitions going on at MVEC , Klcc n Ptwc. why not go get contacts n idea?

CS Chua
21-05-2011, 04:14 PM
Be a used car dealer is also good. RM200K does not get you far but it is a good start:

1. start small like with 3-5 cars only.
2. Only focus on fast moving cars like Kancil, Myvi, Proton.
3. Do not take continental cars unless they are dirt cheap

Synergy business will be car and general insurance.

DarkNite
21-05-2011, 06:02 PM
Secret recipie,Chicken Shop,Marry Brown Old Town,semua buatan malaysia :D
Would be nice to know their franchisee's success rate...or failure rate :rolleyes:


...if you shop is located in a high traffic volume on Sundays like Ikea,Mid Valley,do the management allow you to take off on Sundays.One shopping center in KL will fine any shops that closes on Sundays for RM600 per day. :o
Never open shop in these Complex unless your business is damn successful/profitable or have very deep pocket. It is like you working your ass off for the complex owner!

SiangMalam
21-05-2011, 06:06 PM
Why confine to food franchises? There are some franchises in fashion like Padini looking for franchisees too, as I was recently told. Even old brands like Texwood is trying to make a comeback, not just in jeans, but a full portfolio of fashion accessories too, I will list these franchises here - let me go get it from my friend coz when he passed them to me, I was not too keen as I was occupied with something else... maybe that will interest some of you into non-food business frnachising opps...

When you're free, go visit the MIDA office, there are some foreign companies who has contacted MIDA to find local partners... no harm go jalan jalan to their display showroom, you never know what you might chance upon... :rolleyes:

tupai
21-05-2011, 06:19 PM
blur sotong wth money, didnt do enuff research locally lah.
Also got reliance travel franchise for those who like to travel once making it big! Oliver's sandwich also got frnachise lah..alos dave's deli and so many more...

my 2dongs would be those with limited money and dare not lose it all...dont go in to bizz...

BTW, i have contact to sell unlimited amount of broken rice from vietnam...u know any beehoon,mee, pulut, kueh mueh manufacturers wanting to buy?

I dont knwo the procedure but i suspek macam go thru bernas and ditto for garlic, onion imports needing AP etcetc...only china dragon ladies can come in on social or student pass to cari makan but tats anuther story lah. :p

Yang Amat Banyak beras ada ToonUtamaIstimewa xlatotupai :cool:

usj19
21-05-2011, 06:24 PM
Off hand, I suggest:

1. Start a cleaning company for offices and houses. A friend did quite well.
2. Open a bakery shop - if you like baking. Always room for one more good cheese cake.
3. Open a tuition center. Some of them are making big bucks.

It really depends on your current skill sets and aptitude. Reflect on those and it will give you more ideas.

thanks a lot for your suggestion!!! will looking into these possibilities:)

usj19
21-05-2011, 06:26 PM
usj19 -
I have yet to come across any F&B franchise that is made-in-Malaysia having a program that ensure the success of their franchisee.

For small business, suggest you have a look at laundry.
BTW are you married and/or any other dependents?

OT - One Dragon (Ee Tiau Long) is still there but the chef is very old already. Their BBQ pork ribs is superb but unfortunately he is too old to do it! :(

hmmm, thanks for your suggestion! i'm married with no kids.

usj19
21-05-2011, 06:28 PM
If u like laundry there r some for sale in The Star classified. Saw one in usj14 tat day

thanks for the info!! :)

usj19
21-05-2011, 06:31 PM
Secret recipie,Chicken Shop,Marry Brown Old Town,semua buatan malaysia :D
Doing a small retail business with limited budget must have lots of patient,first thing is,
1) do you want to take off on Sundays or public holidays,?if you shop is located in a high traffic volume on Sundays like Ikea,Mid Valley,do the management allow you to take off on Sundays.One shopping center in KL will fine any shops that closes on Sundays for RM600 per day. :o
Laundry business is not a bad option but it also takes at least 12hrs of your time.Retail business is a business where the propierter must be there almost everyday as you are dealing with CASH.Can you trust your staff?

hi Jan, thank you for sharing so much with me the other day! I really learnt a lot! it's true what you say about doing retail business... will definitely need to talk with my wife about it (really busy rushing projects now, no time is really no good! haha)

usj19
21-05-2011, 06:35 PM
There r some exhibitions going on at MVEC , Klcc n Ptwc. why not go get contacts n idea?

I've been tied up with current work and do not even know about them. thanks for the info again!!! :)

usj19
21-05-2011, 06:37 PM
Be a used car dealer is also good. RM200K does not get you far but it is a good start:

1. start small like with 3-5 cars only.
2. Only focus on fast moving cars like Kancil, Myvi, Proton.
3. Do not take continental cars unless they are dirt cheap

Synergy business will be car and general insurance.

thanks again for your suggestion! does one need a special license to do this?

usj19
21-05-2011, 06:42 PM
Why confine to food franchises? There are some franchises in fashion like Padini looking for franchisees too, as I was recently told. Even old brands like Texwood is trying to make a comeback, not just in jeans, but a full portfolio of fashion accessories too, I will list these franchises here - let me go get it from my friend coz when he passed them to me, I was not too keen as I was occupied with something else... maybe that will interest some of you into non-food business frnachising opps...

When you're free, go visit the MIDA office, there are some foreign companies who has contacted MIDA to find local partners... no harm go jalan jalan to their display showroom, you never know what you might chance upon... :rolleyes:

thanks for your suggestions and your willingness to help! also, never occurred to me to go to MIDA. will do that. thanks a lot!!

usj19
21-05-2011, 06:45 PM
blur sotong wth money, didnt do enuff research locally lah.
Also got reliance travel franchise for those who like to travel once making it big! Oliver's sandwich also got frnachise lah..alos dave's deli and so many more...

my 2dongs would be those with limited money and dare not lose it all...dont go in to bizz...

BTW, i have contact to sell unlimited amount of broken rice from vietnam...u know any beehoon,mee, pulut, kueh mueh manufacturers wanting to buy?

I dont knwo the procedure but i suspek macam go thru bernas and ditto for garlic, onion imports needing AP etcetc...only china dragon ladies can come in on social or student pass to cari makan but tats anuther story lah. :p

Yang Amat Banyak beras ada ToonUtamaIstimewa xlatotupai :cool:

thanks for your advice! :)

fRaNkY
21-05-2011, 09:49 PM
hi Jan, thank you for sharing so much with me the other day! I really learnt a lot! it's true what you say about doing retail business... will definitely need to talk with my wife about it (really busy rushing projects now, no time is really no good! haha)

For 10k yr wife can open a cosway outlet

SiangMalam
21-05-2011, 10:20 PM
USJ19, there is coincidentally a write-up today on how to avoid mistakes when opening your small business in Yahoo. See it HERE! (http://finance.yahoo.com/banking-budgeting/article/112778/business-startup-traps-yahoo-small-business)

usj19
21-05-2011, 10:41 PM
For 10k yr wife can open a cosway outlet


we knew about it, but she's somehow not interested (and because she's not Malaysian citizen, she could not become the stockist.... so very troublesome)... anyway, my friend in JB has been doing quite well... (or so she says lah :D )

usj19
21-05-2011, 10:42 PM
USJ19, there is coincidentally a write-up today on how to avoid mistakes when opening your small business in Yahoo. See it HERE! (http://finance.yahoo.com/banking-budgeting/article/112778/business-startup-traps-yahoo-small-business)


cool, thanks! it's helpful!
:)

cutebanana
22-05-2011, 11:38 AM
My suggestion / idea is to do small scale farming. Buy an agricultural land and do farming, such as swiflet farming. But 200K is not enough for the construction of the building, it's just enough for the land. Perhaps you could get potential investors and form a company to do this.

Naka
22-05-2011, 04:26 PM
I think it is better to do something that is related to your field. Then you will understand the dos/donts better.

200K is nothing and a small mistake can be costly

usj19
22-05-2011, 05:11 PM
My suggestion / idea is to do small scale farming. Buy an agricultural land and do farming, such as swiflet farming. But 200K is not enough for the construction of the building, it's just enough for the land. Perhaps you could get potential investors and form a company to do this.

it's probably something a bit over my capabilities, but will look into it. thanks for your suggestion! :)

cupofcoffee
22-05-2011, 05:12 PM
I think it is better to do something that is related to your field. Then you will understand the dos/donts better.

200K is nothing and a small mistake can be costly

200K is a lot if you still have a house mortagage and car loans to settle :(

usj19
22-05-2011, 05:19 PM
I think it is better to do something that is related to your field. Then you will understand the dos/donts better.

200K is nothing and a small mistake can be costly

thanks for your suggestion, and advice... yes... have to be careful...

jan tomaswaki
22-05-2011, 05:47 PM
We all know that RM200K is nothing nowadays to start business, I too have the same effect but with patience,lots of it,hard work,also lots of luck and support from friends,USJ19 you too can make it ;)

tupai
22-05-2011, 06:03 PM
i know what i can do on a 'Bigger than small' scale business. It entails hard work, long odd hours, commitment and passion but u could be staring at high returns...

and with a water tight bizz plan in place, this bizz model can escalate to something big in jiffy... :)

I got the ideas, the plans but is too lazy to do on my own steam.

So, if u are young, honest, not a gambler (even rm20 bet on epl), with some capital (u dont need rm200k so much lah), have faith in a more experienced senior partner, passionate in pursuing 'to be own boss' ambition...then PM me, we can chit chat...U buy the drinks. :cool: and its alcoholic.

Yang Ada Bizz idea T.I.U. xlatotupai :cool:

usj19
22-05-2011, 06:17 PM
We all know that RM200K is nothing nowadays to start business, I too have the same effect but with patience,lots of it,hard work,also lots of luck and support from friends,USJ19 you too can make it ;)

thank you for your encouragement!!! will definitely bear that in mind :)

usj19
23-05-2011, 02:32 PM
i know what i can do on a 'Bigger than small' scale business. It entails hard work, long odd hours, commitment and passion but u could be staring at high returns...

and with a water tight bizz plan in place, this bizz model can escalate to something big in jiffy... :)

I got the ideas, the plans but is too lazy to do on my own steam.

So, if u are young, honest, not a gambler (even rm20 bet on epl), with some capital (u dont need rm200k so much lah), have faith in a more experienced senior partner, passionate in pursuing 'to be own boss' ambition...then PM me, we can chit chat...U buy the drinks. :cool: and its alcoholic.

Yang Ada Bizz idea T.I.U. xlatotupai :cool:

okay, will do after I finish the projects at hand... thanks a lot for your offer for help!!
:)

usj19
23-05-2011, 02:36 PM
Someone contacted me (not here, but cari.com.my)

Here's what he offers:

Invest RM10,000 (one time)

Return RM100,000 within 20 years.


According to him, it's an investment scheme by Public Bank Unit Trust...(?)

They invest in 14 projects, of 213 bird nest houses
every year the investor will disburse 70% of earnings to the investors.

anyone heard about this? trustworthy? too good to be true? or bad investment?

aursong
23-05-2011, 03:18 PM
if I have 200k, what business I could do? Any franchise that anyone would recommend? Or anyone looking for business partner? I'm willing to learn more about it if you could PM me....

or any business NOT to do.... also kindly advise....

i'm in my early 30s, considering a career change not for big money but a relatively "steadier" income...

thank you....

Find something in bulk and sell it in
http://en.wikipedia.org/wiki/Groupon
:D :D :D

DarkNite
23-05-2011, 04:51 PM
Someone contacted me (not here, but cari.com.my)

Here's what he offers:

Invest RM10,000 (one time)

Return RM100,000 within 20 years.


According to him, it's an investment scheme by Public Bank Unit Trust...(?)

They invest in 14 projects, of 213 bird nest houses
every year the investor will disburse 70% of earnings to the investors.

anyone heard about this? trustworthy? too good to be true? or bad investment?
Due diligence is need.
Bird nest farming do offer good investment but....there are many that got scam!

zinglicious
23-05-2011, 07:24 PM
As in insurance policy as in case of wholelife and endowment policy, look at the fine prints. Even from Ribena or FN orange - where they advertise with loads of berries or oranges, you find that is artifically flavored , rather than the real ones as depicted in the TV or pictures.
Bird nest investment is the rage nowadays where people look for fast bucks investments. Either it would turn out like scam of those water dispensers, only time would tell.
Real monies investment are those who wants to keep making monies themselves or if the only with limited capital , they would sourced it by listing the companies or from the banks.
It is funny where people are tempted by quick bucks without or minimal work done. No sweat but most would be sweating when they see the monies investment gets burn or vanished in thin air. Hell, back in those days, from teachers to police officers they are oblivious with the Cepat Kaya scheme.
Just a old saying goes - all those glitterings is not gold. It turns out to be KFC chicken nuggets. ;)

zinglicious
23-05-2011, 07:47 PM
Some of the best advices comes from Lato Tupai and Mato Jan.

You should buy them drinks from Guiness Stout to Glen friendly. It would be up and close advices you can get from these fellas. They can they you the successes they have had today is due to blood, sweat, and tears. Some comes from cheating patrners while he was working his ass off -not sleeping!
But read the fine prints - hard work, commitments, long odds hours, patience and most of all - PASSION. These are the things where they dont teach you in University of Malaya.
And these are the things pointed out by the these forumers instead of painting you a rosy garden of fortune flowers of your 200K investments.
Friendly advice there are aplenty - but dont expect these fellas to feed you with get rich schemes. In fact, you should be prepared to sit for hours and just listen until wee morning to finish the whole loads of Glen which friends they are tagging along. IMHO, you are lucky that these fellas are willing to share thier time with you. it is the best initial investment you can make right now. ;) Burp....hic* Hic* hic* :cool:

usj19
23-05-2011, 09:07 PM
Some of the best advices comes from Lato Tupai and Mato Jan.

You should buy them drinks from Guiness Stout to Glen friendly. It would be up and close advices you can get from these fellas. They can they you the successes they have had today is due to blood, sweat, and tears. Some comes from cheating patrners while he was working his ass off -not sleeping!
But read the fine prints - hard work, commitments, long odds hours, patience and most of all - PASSION. These are the things where they dont teach you in University of Malaya.
And these are the things pointed out by the these forumers instead of painting you a rosy garden of fortune flowers of your 200K investments.
Friendly advice there are aplenty - but dont expect these fellas to feed you with get rich schemes. In fact, you should be prepared to sit for hours and just listen until wee morning to finish the whole loads of Glen which friends they are tagging along. IMHO, you are lucky that these fellas are willing to share thier time with you. it is the best initial investment you can make right now. ;) Burp....hic* Hic* hic* :cool:

thanks! one of the best advice come from you too! :)

yes, i really appreciate you guys sharing the time and knowledge with me... almost a total stranger!!! I bet it won't happen elsewhere other than USJ.com.my! haha!

tupai
24-05-2011, 10:26 PM
beware the swiftlet/birdnests investment scheme. Open yre eyes BIGBIG!

My advice is to only invest or BUY over a nest/cave/building with PROVEN yield...pay a premium if u have too...Dont play play with new invetsment skim...what is to happen if 'em birds aint wanna move in as tenants??? :eek:

Buy me Glenfiddich and we can chit chat about horror $torie$ that broke up families, friendship etcetc! :eek:

Yang Ada Banyak cerita T.I.U. xlatotupai :cool:

jimmyay
25-05-2011, 09:20 AM
As the saying goes, "High Risk High Gain" (unless you get special 'cable' from govt)