Archive for March, 2010
Alone in the bar
I’ve put a lot of time here
I hope it works out
Am very happy and excited that Standing Sushi Bar is listed as one of Singapore’s Top 10 Sushi places on HungryGoWhere!
I think this is cool on a variety of fronts.
The main reason is that it’s a validation of the sushi we serve. The rice, the fish, the quality of ingredients, and of course the skills of the chefs! Led by Roy, our head chef, they’re helping me meet my goal of bringing high-quality sushi at affordable prices. Kudos and a bonus is coming the chefs’ way!
SSB is a small sushi shop in Raffles Place – another Japanese restaurant in a sea of sushi & sashimi. Japanese food is incredibly popular in Singapore and one can find a Japanese menu on almost every block. To go from being an unknown restaurant six months ago to being listed alongside Singapore’s mainstay sushi bars is, well, an awesome feeling.
I’ve had a user account with Hungrygowhere since their inception. Chipped in reviews on restaurants around my neighborhood and places that drove me to give praise or warning to others. The internet is rife with food bloggers, food articles, reviews, etc. and it’s great to have a portal that has enough critical mass to gauge community sentiment toward a restaurant. It’s interesting to now have the perspective of a restaurant owner being reviewed as well as a diner who contributes reviews. Certainly an open community review system like HGW has its drawbacks (some of which I have ideas on how can be ameliorated – I should send in feedback!) but overall having an organized space for a collection of mass opinions is a positive!
In Summary: YAY! Standing Sushi Bar is one of Singapore’s Top 10 sushi bars!
Vote for your favorite Singapore sushi bar at Hungrygowhere!
Thought today’s article from the Straits Times was useful in helping gauge fair market rent.
Mar 23, 2010
Retail rents hold steady despite new supply
The Knightsbridge in Orchard Road will add 83,000 sq ft of prime retail space. — BT FILE PHOTO
RETAIL rents across most of Singapore held steady in the first quarter of this year, a new report showed.
This ended five straight quarters of decline in some areas, as tourist arrivals grew and consumer confidence rose, according to the report by DTZ Research.
In the premier shopping belt of Orchard Road/Scotts Road, retail rents remained constant as the market absorbed new supply that came onstream in the first quarter of this year.
Gross rents of prime first- and upper- storey retail space in this area stayed at $39.70 and $20.50 per sq ft (psf) a month respectively in the first quarter.
More supply is due this year, though the estimated 2.3 million sq ft of new retail space expected this year is 15 per cent less than the historic high of 2.7 million sq ft last year, according to DTZ Research. A flurry of activity last year saw the addition of prime Orchard Road malls such as Ion Orchard, Orchard Central, 313@Somerset and Mandarin Gallery.
This year’s new supply will include the space at The Marina Bay Shoppes, Nex in Serangoon Central, Knightsbridge at Grand Park Orchard hotel, Bedok Point and Clementi Mall.
Retail rent in other city areas – Marina and Bugis, Beach Road, Bras Basah and North and South Bridge Roads – held steady after five straight quarters of decline. Gross rents of prime first- and upper-storey retail space in these areas stabilised at $24.40 psf and $14 psf per month.
In suburban areas, retailers’ resistance to high rents was reflected in a marginal drop of less than 3 per cent during last year’s downturn, said DTZ Research.
Monthly gross rents held firm in the first quarter at $33.50 psf a month for prime first-storey suburban space and $22.80 psf a month for upper-storey suburban space.
At the end of the first quarter, islandwide retail space stood at 32.8 million sq ft, with the completion of TripleOne Somerset, Scape in the Orchard area and Festive Walk at Resorts World Sentosa.
‘As tourist arrivals are expected to grow and local consumption improves, demand for retail space is likely to increase,’ said Ms Chua Chor Hoon, head of DTZ South-east Asia research.
‘On the back of a brighter outlook for the retail industry, prime retail rents are expected to rise moderately by around 2per cent to 5 per cent this year.’
In honor of my 7th year living in Singapore, Standing Sushi Bar is going to celebrate by having a salmon festival for the rest of the Saturdays in March!
Seven in Singapore Salmon Sushi & Sashimi Saturday Sale
Or as I like to call it, the Seven S’s promotion.
On Saturdays in March, come to Standing Sushi Bar and enjoy 1 for 1 salmon sushi and sashimi. If you order 1 piece of salmon nigiri, you get an additional salmon nigiri free! Order a serving of salmon sashimi? Get another serving free! Cheers for salmon!
To enjoy the salmon promotion, please tell the staff while ordering or when you’re at the register. Reason being I want to see whether promotions such as this actually bring folks to the restaurant on an odd day like Saturday.
I was thinking about the different tools I use on a day-to-day basis to handle operations at the sushi bar and also to communicate with customers, suppliers, and the team at Standing Sushi Bar.
It might be helpful for others starting up a business to see the IT infrastructure that I use to run Standing Sushi Bar.
Computer – No brand desktop PC purchased from Sim Lim for 399 SGD
Operating System – Windows Vista for the sushi bar PC (I wanted to use Windows 7 and had the release candidate installed but the Micros machines were not compatible with it so I had to downgrade to Vista). Windows 7 and Snow Leopard for my desktop PCs.
Point of Sale Machines – Micros E7 running Windows CE
Mobile Phone – vital to staying in touch with the restaurant. I’m using the HTC HD2 which is powered by Windows Mobile 6.5. A Windows Phone. My Microsoft e-mail, personal e-mail, and sushi bar e-mail all synchronize with this device.
Design Software – To create brochures, menus, etc. I use Microsoft Publisher.
Office software – Like most of the world, I’m using Microsoft Office 2007 and the Office 2010 Beta. Office 2010 Beta is Free
E-mail Client – Outlook 2007 and Outlook 2010. Also Outlook mobile on the phone. For web access to the sushi bar e-mail account I use gmail. Free
Financial Management Software – I used to use Microsoft Money but that was discontinued so now I use Intuit’s Quicken
Sales Analysis – I use a combination of Microsoft Access and Microsoft Excel. The daily sales reports are exported as text files which I then put in an Access table. Using Excel I have created a PivotTable which connects to the Access database and automatically refreshes.
File Synchronization – To keep files synchronized across the PC at the sushi bar, my home desktop, my home Mac, my various laptops, and my mobile device I use Live Mesh. Free
Instant Messenger – To minimize sending SMS messages, I use Windows Live Messenger to communicate with whomever is at the restaurant when I am at a computer. Free
Blogging Software – To write blog entries I use Windows Live Writer. Free
Wireless Network – 802.11g D-Link router and a D-Link. WPA2 protection of course!
Web Cam – I have a remote camera which I can control via the internet. It is the D-Link DCS-5220. I haven’t gotten it to work with my mobile phone yet but apparently it can… works quite well with a PC.
Dynamic DNS – Since my IP address for the computer in the sushi bar changes frequently, I have a URL that automatically goes to the current IP address. I use DynDNS.com. Free
Remote Access – I travel a lot but I want to be able to access the main computer from anywhere. I use Remote Desktop (built into Windows) to connect (via the URL that DynDNS automatically routes to the sushi bar’s current IP address). Free
Internet – Singtel DSL subscription
E-mail Provider – Google Apps (a variation on consumer Gmail). Why not Hotmail? I liked Gmail’s support for IMAP – it keeps the mail synchronized across all my devices and computers. Free
Domain Name Provider – Network Solutions
Cable TV – Singtel’s Business Mio TV
Music Service – Microsoft Zune
Printer / Scanner / Fax Machine – I wish the world could be paperless and rely on e-mail but amazingly there is so much stuff that needs to be photocopied and faxed. I use the Brother MFC-7840N Multi-Function Centre.
Digital Camera – Fuji FinePix F200 EXR and the HD2’s 5 megapixel built-in camera
Six months of sushi
Dream, think, eat, touch, hope sushi
My life is raw fish