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Anonymous

07 Mar 2021

Career

Any tips on starting an F&B business?

I'm thinking of starting an F&B business. Any tips?

Discussion (3)

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The F&B sector is a competitive but rewarding industry to be in.

Here's some guides to assist you on your F&B entrepreneurial journey:

  1. How to start a cafe

  2. How to start a restaurant

If you need loans while running your business, you can use the loan comparison table here to compare interest rates across different online lenders in Singapore.

If you eventually do start an F&B business, make sure you protect your investment with a business insurance package, designed for F&B businesses. This includes property cover, public liability cover, and workmen compensation cover for employees (which is legally required for manual workers and employees earning <$2,600/month).

There are a lot of grants out there and government is providing a lot of initiatives for helping F&B SMEs. You may search ‘F&B grants in Singapore’ and there are a lot of articles you can find.

One of them is this: https://www.ichefpos.com/en-sg/blog/6-governmen...

Hope this helps.

PolicyWoke

05 Mar 2021

Turbo-charge Your Savings with REPs at PolicyWoke

Hi Anonymous,

You may check out Aspire that we use as a business ...

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