facebookSeedly Poll: Would you dump your 9-5 job to start an F&B business? - Seedly

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Anonymous

Edited 19 Jan 2022

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Career

Seedly Poll: Would you dump your 9-5 job to start an F&B business?

Restaurant, cafe, etc.

Discussion (3)

What are your thoughts?

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Yes but I would need to very sure about the kind of F&B business I'm starting. It's got to be a great, fresh concept, food has to be stellar, and I've got to have confidence in the team I've recruited. If you're planning to start your own restaurant, cafe or other F&B business, make sure you have F&B Insurance to protect your hefty business investment.

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It's good to also do some comprehensive background research; here's some guides on:

  1. How to start a restaurant(https://www.providecover.com/how-to-start-a-restaurant-in-singapore-12-steps/)
  2. How to get SFA food shop license
  3. How to get a liquor license
  4. How to increase online restaurant orders

Yes, if

1) I have a strategy of how I want to setup and run the business.

2) if the food I am selling has been tested and received good reviews.

3) I did my market research on location, food, and target audience, etc.

4) I’m passionate about the F&B business, willing to sacrifice my time and work on weekends or longer hours.

6) I am prepared to have online delivery, etc.

7) financially stable for the next 6 months or 1 year.

No. Wont just dump. Because:

  • No prior knoweldge of managing a restaurant = gambling

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  • Will ge...

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