Consider tax changes for shophouses as Singapore businesses face being priced out
MANY locals chase dreams in the competitive food and beverages (F&B) sector.
Open a cafe or restaurant or bar in a trendy shophouse. Work hard, be creative, and capture the hearts of discerning and demanding patrons.
Use the earnings to buy over the shophouse eventually. No need then to fret over the landlord raising rent or taking back the premises. The F&B outlet has a permanent home. The business owner can pass a business plus a physical asset to the next generation.
TRENDING NOW
Johor property old hand KSL readies family handover amid market boom
Seatrium eyes S$28 billion in project opportunities amid global race for energy security
China targets offshore billions in biggest crackdown in decades
Trek 2000 shares jump 26% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital