MALAYSIA BIZBLOG
Office: +60358856648 | Advisory: +601126664168
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Office: +60358856648 | Advisory: +601126664168
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The restaurant business is never too easy to run but in Malaysia, where eating out is a part of the national culture, is heaven for restaurant business investment for any national & international businessman.
More than 2000 restaurants got closed in the Malaysian lockdown period within 2 years. Where now total vacant place in the restaurant business industry is more than 5000 shops. This is the best time to use this opportunity to start your franchise restaurant to ensure profit and steadiness. Malaysia's food service market size was USD 15.2 billion in 2021, so you can be a part of this industry too. We have a Malaysian traditional coffee shop (Halal Chinese coffee shops) franchise option for our clients, which is an easy-maintaining breakfast, lunch, and dinner hit with few traditional items without any hassle or issues, the main hassle for a restaurant business is finding the best chefs, design, and branding, which we clear you for best profit assurance. Today we will explore the new opportunity that showed up in the restaurant business industry after covid-19 lockdowns. We will check on both digital app-based & dine in based restaurant opportunities. Planing The best thing to do before opening a restaurant is to have a clear plan that maps out all of the essential components of your business. The F&B industry is not only profitable but is also extremely competitive, and entering the scene without a concrete plan is a mistake. You need to be prepared by having a clear plan and includes the most important areas, such as:
Financing No business can open, let alone operate, without money. Having funding planning is a must to get your restaurant started. When opening a restaurant in Malaysia, this is what you need to know from a financial point: 1. The cost of opening and operating your food business. 2. What the costs include—this requires breaking down exactly what you need money for, including rent, staff, equipment, etc. 3. Fund rolling. Company and licenses Registering a business in Malaysia requires many steps before you can open a restaurant. To make it easier, we’ve summarised the main ones here:
Location Location is one of the most important role players in restaurant business profit. That’s because having the ideal location is key when opening a restaurant in Malaysia. Whether you have a dine-in eatery or offer delivery-only. These are the factors to consider when deciding where you’re going to set up shop: 1. Which area offers the most business potential? 2. Who is your target audience? 3. How many competitors already do business in that area? Hire staff & chef A company is only as good as its employees. That’s why choosing the right team is so important. Not to mention, that staffing accounts for a major part of your operational costs. Here are some of the main points to ask yourself when tackling this vital step: 1. How many employees do you need to run your restaurant? 2. What positions are the most critical to the restaurant’s success? 3. How will you train the staff and what does the training process entail? Where provide full support to our clients to find a chef and other workers in Malaysia locally or to recruit from other places. Marketing Competition in the restaurant business is as high as in any other business. This makes marketing all the more important if you want to gain more profit and branding! To establish your presence and stay ahead, make sure you’re leveraging the following marketing techniques:
Our restaurant franchise is the best option in that case of branding and marketing value, with our expert marketing team. Food delivery-based restaurants & coffeeshops The food industry business financials increased between 16 and 70 percent and consumers expressed their interest to continue shopping online in this new post covid-19 times. The statistics say right now in Malaysia;
A budget of approximately RM 150,000 is enough to start an online supply-based catering/food delivery business. We are providing a full set of company registration, business setup, investment planning, online marketing, technological arrangement, business licenses, market research, business management & accounting services for you. Also, we are offering business strategies-based risk management services such as; Hygienic practices Malaysia is mostly vaccinated right now & government SOPs are so strong. If you maintain a clean kitchen following all vaccination & health SOPs, you can gain more consumer trust. We are offering a full company, licenses, documents, management & risk factors planning services in Malaysia Local "Near Me" Searches Nowadays google & other search engines "Near Me" option that is very effective, most users & drivers are using this option. A good optimization can bring you more business. Where we can help you to make a good "Near Me" visibilities. Food Delivery System Delivery is the life source of the online food business industry, if you are not using any third-party app or delivery system, it's a must for you to maintain a good food delivery system. Which can help you to gain more profit & faster delivery can bring more value with trust. You can hire your rides or rider companies to work for you, and our advisors can help you to choose the better option as per your investment, market & needs. Dine -in based restaurants & coffeeshops As per thestar.com.my report, more than 2000 restaurants & coffee shops have closed down. It's a good time to fill in the blank market & use the investment profitably, as restaurants will always prevail until we are alive to eat. A budget of RM 150,00 to RM 200,000 is enough to start a restaurant business in Malaysia at this moment. We are offering a full restaurant franchise setup including above all RM 200,000 only. To start a business or buy a business in Malaysia you will need business licenses, specially if you are a foreigner, it's a must to have a Pvt. Ltd. or SDN BHD company. We are processing company registration, bank account, business licenses, accounts & taxes for you as experienced accountants, tax advisors, SST advisors & business investment advisors.
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+60172041317 (whatsapp available) | +60108242527 (whatsapp available) Why Lim & Ani Associates Sdn Bhd We are providing one of the best business setup & company registration services in Malaysia, with experienced & licensed company secretaries, professional accountants, auditors, tax & SST experts, and business advisors - a one-stop business solution in Malaysia. As one of the best leading corporate advisors, we are offering the services below as per the business act 2016 & Malaysian Government policy;
Call, Email, or text us & take an appointment from the website to visit our office in Malaysia. LIM & ANI ASSOCIATES SDN BHD Call: +601126664168 Call: +60108242527 Call: +603-58856648 (office landline) Email: [email protected] www.mbbusinessjoint.com
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