I wonder if anyone's reading my blog. But I'll blog anyways. Get it out of my system.
Yesterday's cgm was good. There wasn't any Word, just a time of worship and prayer. Never realised that I am actually that stressed. So many things to managed. Doing business is very challenging. Very stressful and tiring.
We've place an offer to buy a unit in Far East. Yet to get a response. Hopefully they will accept our offer. If they do accept our offer, we will be leasing out the unit in QW and shifting to Far East. All this going to take some time. Maybe a couple of months. As for suntec, most probably we are staying put. But most probably going to let out 1 or 2 units and do some renovation. But that will be at a later time.
Yesterday's cgm was good. There wasn't any Word, just a time of worship and prayer. Never realised that I am actually that stressed. So many things to managed. Doing business is very challenging. Very stressful and tiring.
We've place an offer to buy a unit in Far East. Yet to get a response. Hopefully they will accept our offer. If they do accept our offer, we will be leasing out the unit in QW and shifting to Far East. All this going to take some time. Maybe a couple of months. As for suntec, most probably we are staying put. But most probably going to let out 1 or 2 units and do some renovation. But that will be at a later time.
Our store room in suntec is taking up too much space. That space can be used to display more merchanise. Our whole shop (excluding our circular unit) is constitute of 4 units and 1 unit out of the 4 is taken up by just 2 fitting rooms and a store room. Can you imagine paying 1/4 of our rental just for fitting rooms and a store room? So wasted right? We have a lot of window space at the back of our shop (which is now all covered up) which we initally thought of using as storage area (like what our neighbours are doing). When we proposed this to our renovator (then), he said it cannot be done. If it really cannot be done, then why are the other shops able to do so?
Our margin for our franchisers products are too low. We can't give a lot of discounts like what other shops on level 2 are doing during their promotion period esp on GSS. This is causing us to lose out. Really can't depend on franchisers' products. We are going to to carry our own brand - San Street. Going to source for more items and come out with our own designs. We already have a designer and a manufacturer who are working with us to produce our San Street products. They have started work already. Things are still in the progress. Stay tuned to find out more. Hehe....
In short, a lot of changes are to be taken place. God strengthen me and enlarge the capacity within me. I need more of you.
Our margin for our franchisers products are too low. We can't give a lot of discounts like what other shops on level 2 are doing during their promotion period esp on GSS. This is causing us to lose out. Really can't depend on franchisers' products. We are going to to carry our own brand - San Street. Going to source for more items and come out with our own designs. We already have a designer and a manufacturer who are working with us to produce our San Street products. They have started work already. Things are still in the progress. Stay tuned to find out more. Hehe....
In short, a lot of changes are to be taken place. God strengthen me and enlarge the capacity within me. I need more of you.
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