Any Tips for Me?

lynlim

hi i'm new in doing business, do anyone have any tips for me?
i'm planning to rent/ share a push cart in causeway point but i don't know how to get to know the rates and terms. I will be selling perfumes, so i have budget on rental.... can any experts help? Thanks!

Mystech

1st rule, If you dun have enough reserve to run at least 3 mths to 6 mths without business, you might not want to start up a actual shop front. Its bloody stressful. And how are you different from the other shops selling perfumes?

cactus

You might want to check out the following tread for rental rates at different mall locations: http://pushcartforum.sg/resources/pushcart-listing-2/

Just drop them a call directly for the latest pricing.

In any case, a pushcart business is no different from other retail businesses, so do at least prepare yourself a brief business plan before plunging in. Consider issues like: products (costing, competitive pricing, USPs), customer (target profiles, demand), marketing (display, packaging), financials (monthly, even weekly projected sales, budgeting, cash flow), staffing etc.

We have incubated perfume sellers before and thus can say that perfume business can be quite profitable if you prep and plan your business well enough in advance, so good luck then!