Business Planning

Why do we need to plan?

Remember the saying "If we fail to plan, we are planning to fail" ?
Hence we need plan. It doesn't have to be extravagant and 100% perfect.
The important thing is that we will seriously be involved in every way to ensure the success of the business. Every steps and seconds are precious and crucial to determine the result.

Our plan:

• survey the raw material price from the local supermarkets and grocery stores
• survey ingredients price at local fish market
• survey Malaysian chips price at a few locations eg Muar, Batu Pahat, Sepang

Post done by Zemon

The first day of WarungBombom

Today, Fatty bom bom and me started our first step in planning WarungBombom. Due to unpredictable economic circumstances, our rejected over time request by the management (feels like strangling them) and we are realistically money crazy; hence the reason of this business idea.

We are planning to do 3 types of small business but 2 out of 3 has to have proper and detail planning. Basically, we have discussed mainly on:

1. The shop's name
2. The shop's blog
3. Menu and price
4. Location
5. Raw material cost
6. Capital
7. Profit

Myself had very little experience in business but I was not shy to try. I had sold Nasi lemak and cookies from house to house in my early twenties just for fun but have never had formal learning of business as my family background is closely related to agriculture.

After two days of heated discussion on our initial business, we went to do price comparison at a few places namely the local supermarket Giant and the Selangor fish market. Later, I created a blog and the pictures below tell all.

Planned and immediately started a blog. So fast!

After that we had hot dog for dinner.

Yummy!! ^^

Post done by Zemon