Tuesday, July 29, 2008

Home Made Waffle ~~ Edunovice looking into new food Bizness


Edunovice Enterprise has been into home tutor business for 3 years. Throughout my 3 years of involvement in home tutor, i have always been wondering what other side income i would like to explore to further multiply Edunovice cash flow. For the next business, i am looking at business model which is able to multiply with a fast pace. I would have to admit that food industry has been a wonderful idea. Waffle business along with bubble tea and corn in cup is one of the business which i am gong to explore within the coming this 3 years. Why food industry ?

Positive
a) Easy to train
b) Very high Free Cash Flow
c) Easy to duplicate and to open as franchise in years to come
d) Low investment around an estimation of RM 30k
e) Fast turnaround

Negative
a) Expirary date
b) Training
c) Follow ups
d) High rental (Major contribution for cost)
e) Staff and worker - Need constant monitoring

Some of my research on waffle recipe from www.waffle-recipe.com

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For this waffle recipe you will need: 4 ounces of all purpose flour, 4 ounces of whole-wheat flour, one tablespoon of sugar, 2 teaspoons of baking powder, some salt, three eggs, one and a half cup of milk, and some vegetable oil. And a waffle iron.

How to make a waffle in five easy steps:
1. Put all the dry ingredients (flour, sugar, baking powder, and salt) into one bowl.
2. Put all the wet ingredients (eggs, milk, and oil) into another bowl and beat, mix, shake, stir
until the eggs and milk become one.
3. Pour the mix you've just made into the bowl with dry stuff and mix again, until there are no
lumps left.
4. Now put half cup of batter you made in the waffle iron. It would be a good idea to have the
waffle iron hot and ready if you are really hungry like us. Or you can wait for it to warm up
since the batter can rest for a while anyways and even tastes better if it does (little secrets).
5. There is no number five with this waffle recipe, you are done! We told you it was a simple,
quick and hassle free waffle recipe!

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