Malaysian Cafe Owners & Restaurateurs - Growth After Paris Baguette

☕️ A RM1 deal for a bakery cafe & unaudited losses of RM67mil over 3 years. What went wrong at Paris Baguette Malaysia? 🇲🇾 Many people want to own cafes and restaurants - including me when I was younger. But as I talked to more business owners that have "been there done that", many said it is a challenging game. F&B landscape is never easy even if you have capital. Competition is intense, and manpower management ain't easy. You either face heavy losses or burnout managing your restaurants, or you are a successful franchise raking in millions of cash (even without being in the mall). When it comes to Growth: strategy, funding, marketing and branding, and capital allocation all go hand-in-hand. And for restaurants & cafes, the menu matters, the concept matters, the competitive positioning matters. ➡️ Business owners: What is the greatest challenge you face in growing your company in the current landscape? ➡️ If you haven't started a business yet, what venture would you start if you get RM1 million funding? Would you start a restaurant? 👉 Comment + Let's connect! Looking to interview more founders/business owners/market movers as part of my Project100 - will feature you & share some ideas - drop me a comment/DM :)