The year of 2013 has ended and a new year has started. This year our business performance is actually way better than the year before. However, the profit margin is rather low.
The board of directors had few meetings and dig deeper into our business performance. We realized that our core strength in our business is actually inventory management and sourcing. No doubt we understand the hospitality business well but we are not getting right customers nor the margin to sustain the company.
We review back our past year projects. Our customers were most impressed by how we set up their restaurant's inventory management system. They are able to track their stock levels and know when to replenish the inventory. As such, one of the directors asked whether the same concept be used in other industries? The answer is actually yes. Maybe some changes but the basic ideas are there.
The existing team is small and we cannot afford hiring employees. As such, the amount of projects that we commit is very little. Managing building/ renovation projects involves long hours. The hours could have been spend on other activities that can generate revenue for the business. This was also one of the main factor that drives our decision to change the business model.
To further push the business ahead we need to generate revenue for the company with the minimal cost but the maximum benefits. Sadly, our 1.5 years old company has not found a constant stream of revenue that will cover the company's annual operation cost. As such, our new trading model will work for us.
Customer has already expressed interests for our products and we were also able to find a reliable supplier. The next phase is to built in the process and get the necessary paper work done to import our goods.
Showing posts with label building. Show all posts
Showing posts with label building. Show all posts
Wednesday, January 1, 2014
Sunday, October 13, 2013
All about Tiles
Recently, we have been working on a house project. The dimension of the house is around 4000 square feet. The owner wanted both floor tiles and wall tiles for the property. Wall tiles are only limited to both bathroom and wet kitchen.
During the exploration phase of the project, we learned that the owner is very cost sensitive and insisted on homogeneous tile. What homogeneous tile means the outer layer of the tile is the same color as the inside of the tile. When you chip a homogeneous tile, the damage should not be too obvious. Another term for homogeneous tile is called full bodied tile.
With the current tile making technology, for a normal housing project the decision whether to use a homogeneous tile should not be a main consideration anymore. In the olden days, the tiles used are what we called ceramic tiles. These tiles are easily chip and damaged, thus leaving an ugly uneven color on the tile surface. Thus, many would choose homogeneous tile to avoid such an eye sore. Modern ceramic tiles are a lot tougher and should withstand a lot more knocking before chipping. Any tiles would survive a simple furniture move and day to day living. The choice of homogeneous tile is limited and significantly more expensive. The color of such tile is only limited to light or earth color. Dark surface tiles are only colored on the surface.
Another type of tile that has gain popularity is the porcelain tile. Porcelain tile has a higher density than ceramic tile. It is a lot tougher and able to absorb a lot more knocking than ceramic tiles. In fact, a lot of modern buildings that has heavy foot traffic are using porcelain tiles. Depending on the usage, this type of tile comes in different surface. Rough surface for wet areas to prevent slip. While polish smooth surface for the living room. The price of tiles between surface of the same series is also different. Therefore, any buyers should check with the supplier carefully.
The recommended gap between floor tiles is 3mm. Leaving a good gap between tiles is to prevent it from popping up. Tiles are sensitive to temperature changes. When is cold, the tile shrinks. When is hot, the tile expands. As the tile expands and the gap is too narrow, the tile has no where to go but pops up. While laying tiles, the workers would use separaters of certain size to determine the gap between tiles.
This is what I have learned working from tiles. I am sure there are a lot more that I need to learn. In my next write up, I will talk about managing cost of tiles.
During the exploration phase of the project, we learned that the owner is very cost sensitive and insisted on homogeneous tile. What homogeneous tile means the outer layer of the tile is the same color as the inside of the tile. When you chip a homogeneous tile, the damage should not be too obvious. Another term for homogeneous tile is called full bodied tile.
With the current tile making technology, for a normal housing project the decision whether to use a homogeneous tile should not be a main consideration anymore. In the olden days, the tiles used are what we called ceramic tiles. These tiles are easily chip and damaged, thus leaving an ugly uneven color on the tile surface. Thus, many would choose homogeneous tile to avoid such an eye sore. Modern ceramic tiles are a lot tougher and should withstand a lot more knocking before chipping. Any tiles would survive a simple furniture move and day to day living. The choice of homogeneous tile is limited and significantly more expensive. The color of such tile is only limited to light or earth color. Dark surface tiles are only colored on the surface.
Another type of tile that has gain popularity is the porcelain tile. Porcelain tile has a higher density than ceramic tile. It is a lot tougher and able to absorb a lot more knocking than ceramic tiles. In fact, a lot of modern buildings that has heavy foot traffic are using porcelain tiles. Depending on the usage, this type of tile comes in different surface. Rough surface for wet areas to prevent slip. While polish smooth surface for the living room. The price of tiles between surface of the same series is also different. Therefore, any buyers should check with the supplier carefully.
The recommended gap between floor tiles is 3mm. Leaving a good gap between tiles is to prevent it from popping up. Tiles are sensitive to temperature changes. When is cold, the tile shrinks. When is hot, the tile expands. As the tile expands and the gap is too narrow, the tile has no where to go but pops up. While laying tiles, the workers would use separaters of certain size to determine the gap between tiles.
This is what I have learned working from tiles. I am sure there are a lot more that I need to learn. In my next write up, I will talk about managing cost of tiles.
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