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90% of F&B businesses fail within the first year of opening
You belong to the other 10%
Let's take a quick look at your journey
You had an idea
You were excited
You started a brand
67% of people stopped at having an idea
The realisation that this journey is not going to be easy
Manpower costs are taxing
Rental costs are killing
Manpower costs make up 28%
Rental costs are as high as 19% on average
and well...
Cost of goods sold (COGS) within 30%
Have you lost touch with why you embarked on this journey?
Most business owners end up taking more responsibilities than anticipated to potentially lower running costs, but are there alternatives?
Endless course of firefighting
Skilled labour is scarce & difficult to retain
Fierce competition from local & international brands
Operating costs and manpower costs are on the rise
Sustainable practices are increasing in demand
Economic downturns, impacting consumer spending
Leaving you to possibly feeling tired, overworked and overwhelmed
72% of F&B entrepreneurs are worried about their business
I'm Elroy, the founder of
Million Dollar Consultancy and I'm here to help
My superpower is finding creative ways to elevate F&B businesses to even greater heights. It's kind of funny, many business owners are right where you're at.
You're not alone, We got you.
We have created the resources essential in helping your F&B business thrive.
Brand Expansion
Marketing
Franchising
Media Exposure
Concept Development
Cold-room Specialist
Digitalisation
Halal Certification
Human Resource (HR)
Payroll Management
Experience that shaped our Journey
Several F&B businesses have achieved significant success.
30+
Brands grown their revenue by 10% to 15%
50+
Businesses operating costs declined by 20%
18,720
Hours of F&B knowledge & experience
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