chixchix wrote:Hi since

since you areading my posting,,please help..ok prob is ..There is a prominent location in SG which is frequented by expats, and there are 2 spas on 1 level...so one of the spas has a good clientale and the other hardly has anyone frequenting it.
Now there happens to be another shopspace for rent on that same level. I am planning to rent that shop space to open up a spa. I know the traffic is good and I am interested. But am I doing the right thing of opening my shop there since , I am a regular customer of one of this spas ??
As much as i feel bad.. i am thinking of the business prospects there .

Please advise.
SMS makes a very good point!
But what I find interesting is your view point on the two spa's!
What makes you come to the conclusion that one spa as good clientele and the other not so good!
Just because there are more customers going into one than the other, doesn't say very much about a successful business, by that, I mean making profit!
If you follow business setup protocols by the book, you may well discover the answers you are looking for!
A spa is quite a substantial investment, so I suggest not cutting any corners, or acting on your whims, that this is a good location, you have alot of homework to do.
But first, the feasibility needs to be done, preparation is the most important, get all your data together and evaluate, what you have. Including costs and breakeven point, look at how you intend to take on the competition and stay infront of them, what have you actually got to offer, that they haven't got!
If you are not capable of checking this location out, and the two spa's, that are operating, to find out what is what, are any of them actually making profit, or are the just biding their time to die!
Just becuase you see lots of people going in, means very little, without other relevant facts.
So dress up in your best spy outfit and make a list of what you need to know about your competitors, and how you are going to react to change, because if you do open, and you have something they don't, it will not be long before they aquire the same or better.
But I would think if you can give excellent service, it would be a plus in Singapore
Like SMS said ensure you have a target market!