What’s Really Killing Singapore’s F&B Businesses? | What The Fact Ep 7

In 2024, 3,047 F&B Businesses shut down — marking the highest number of closures in two decades. Why do some food businesses thrive while others fail? In this video, Marcus speaks with various hawkers to find out what factors affect a food stall’s long-term sustainability. ══ Content ══ 00:00 Why is your favourite food stall closing down? 00:38 How did a successful F&B business end up failing? 01:53 How many bowls of noodles does a hawker need to sell to cover rent? 02:45 How does an F&B Business cope when a new landlord takes over? 03:59 How inflation affects our food prices over time 04:45 How does a business sustain itself while selling $1 Nasi Lemak? 06:06 How do first-time hawkers succeed in their F&B business? 07:25 Lessons learnt from running a successful business over time 08:02 My concluding thoughts SUBSCRIBE TO US: https://bit.ly/OGSYouTube Join our channel's YouTube Memberships and support OGS' videos: https://bit.ly/OGSytmem Find #OGS everywhere! Facebook: https://fb.com/ourgrandfatherstory/ Instagram:   / ourgrandfatherstory   TikTok:   / ourgrandfatherstory   For media pitches, events and invites: press@ourgrandfatherstory.com For business enquiries: limkopi@ourgrandfatherstory.com