Well on the 15th Nov 2006, My dad had decided on the location of the new shop to be. It shall be located at Blk 5 Upper Boon Keng Rd #01-12. Handover date will be around mid dec. So plans had to make fast...
Got to make a payment of 92% of the value. 485K So got to look for bank loans liao. And trying to compare and get the cheapest interest rates. After which got to look at the renovation Due to space constraint, The whole shop shall be fully utilised to the ceiling. After doing the sums for the major cash flow. Then comes the monthly expenses. The utility charges, salary all came into place.
From a conservative point of view 4.5K will be needed for the payments of such loans n bills. Which means to say $150 profit had to be generated to cover such cost. This is the 1st time in my life that I felt this much of pressure.. Cause Im afraid that I cant match what I want for myself. For the achievement my dad has done. To match him would be hard and not to say surpass him. Unless I can hit a turnover of ard 1200 per day. I would have pocketed a nice handsome profit.
Some of the possible brands that the new shop might be selling. 1. Giant Bicycle 2. Fox racing accessories 3. Shimano 4. LAS helmet 5. Easton/Thomson 6. Fizik seat 7. Cateye 8. Minoura 9. Topeak 10. Tyres=Panaracer or Maxxis or some other brands.. 11. Cycling shoes=Addidas/Shimano/Sidi 12. Rims=Mavic or some other?
There is actually lots of brands out there. Meanwhile only thought of these few which will be in. Got to look ard and search for more if the space at the new shop permits.
Roger so far..
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DeviLbiker 3:16 at 11:18 am
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