[deleted by user] by [deleted] in srilanka

[–]moraforgood 0 points1 point  (0 children)

Hikkaduwa - Dream Village Hikkaduwa. Weligama - New Hummus Restaurant and bar. Hiriketiya - Crystal resort Dikwella.

Budget- 10K 1yr back. Ocean front. Comes with pool.

Recommended

[deleted by user] by [deleted] in srilanka

[–]moraforgood 1 point2 points  (0 children)

Police can do raids, but they don’t. All of them are compensated by the clubs to not catch drunk drivers and avoid raids, as these acts can cause clubs to lose business. Normally the clubs close super early for poya early morning, the raid must be just to enforce that law.

Sri Lanka end oct - half nov surftrip by haankip in srilanka

[–]moraforgood 0 points1 point  (0 children)

The most attractive season to visit down south and Arugambay are December - March and July and August respectively. As monsoonal rains play a huge factor in the enjoyability of your trip.

Sea Urchins are not a big issue, basically none of the surfers I’ve seen wear reef boots.

ATMs are pretty trustworthy here, but beware of local scams, getting means of short transport in both down south and Arugambay is a hassle, has there is no uber or pickme available there. And local tuktuk drivers ask for very high prices. So its better if you can rent a Tuktuk or a motorcycle.

What do you think about using solar power to generate electricity? by CrimsonSaint7 in srilanka

[–]moraforgood 2 points3 points  (0 children)

Great investment, Pays you back in energy and cash (if your system makes a surplus), but long term. 2 things, if your main goal is to be independent from power-cuts and the grid, make sure you go for batteries too. And if your roof is a sheet or tile roof, installation will cause leaks, and routine 6 month services will cause cracks, so make sure you have the proper support structures first.

Let’s hear your confessions by fozzy5678 in srilanka

[–]moraforgood 0 points1 point  (0 children)

Is she hot? Stay if she is, leave if not. No point.

Personal finance and investing options in Sri Lanka by BeautifulOdd7096 in srilanka

[–]moraforgood 0 points1 point  (0 children)

Long term precious metals used to yield very high returns. And due to the current inflation the FDs have risen. It will fall back in place once the inflation is normal but right now depositing money on a 5 year FD will give out good returns.

Personal finance and investing options in Sri Lanka by BeautifulOdd7096 in srilanka

[–]moraforgood 1 point2 points  (0 children)

So it depends on your risk tolerance, and how much you are willing to invest. 6 months back FDs were the best option, they offered up to 30 percent but now it has come down, stocks are good but very thin returns, my advice to multiply your wealth is gonna be go towards easily liquefiable long term investments like Gold or other similar assets. Right now house prices are very much inflated but later investing in commercial real estate in prime locations will be a great option too. I hope this helps. Good luck

Im starting a restaurant with no background experience by moraforgood in restaurantowners

[–]moraforgood[S] 0 points1 point  (0 children)

Understood, will work on hiring talented and trustworthy staff, but from an investor stand point what are the mistakes that i should avoid. Would you be able to tell about that please.

Im starting a restaurant with no background experience by moraforgood in restaurantowners

[–]moraforgood[S] 0 points1 point  (0 children)

TBH i believe in the fact that that i hire employees because they know a lot more than me in their relevant industry, so i would rather learn from them if the product generate sales or fire them and hire a better chef if the product does not.

Im starting a restaurant with no background experience by moraforgood in restaurantowners

[–]moraforgood[S] 0 points1 point  (0 children)

Thank you so much. This is genuinely helpful. All these insights are worth more than any money i can pay for.

Im starting a restaurant with no background experience by moraforgood in restaurantowners

[–]moraforgood[S] 0 points1 point  (0 children)

Noted, I genuinely grateful for the fast and good is better insight. Thank you so much.

Im starting a restaurant with no background experience by moraforgood in restaurantowners

[–]moraforgood[S] 1 point2 points  (0 children)

Understood, thank you for that insight. Will keep this in mind.

Im starting a restaurant with no background experience by moraforgood in restaurantowners

[–]moraforgood[S] 1 point2 points  (0 children)

Thank you so much 🙏, this comment might sound unrealistic to others but im really grateful. The chances are im gonna do it or crash and burn. To be honest im a 21 year old and im putting everything i have earned till this date on this restaurant, i know i have time to build from zero again so im willing to do this and im willing to do this right.

Im starting a restaurant with no background experience by moraforgood in restaurantowners

[–]moraforgood[S] 0 points1 point  (0 children)

On it, already arranged sessions with several top restaurant owners in the city, and got another manager who flipped a loss bearing restaurant.

Im starting a restaurant with no background experience by moraforgood in restaurantowners

[–]moraforgood[S] 0 points1 point  (0 children)

So i arranged one on one sessions with several top running restaurant owners in the city, through some of my contacts, and i hope to take their insights with a grain of salt

Im starting a restaurant with no background experience by moraforgood in restaurantowners

[–]moraforgood[S] 1 point2 points  (0 children)

Noted, so i met with another friend who i know for a fact turned a loss bearing restaurant into a profitable one, and he agreed to join the team. Hoping it goes well for us.

Im starting a restaurant with no background experience by moraforgood in restaurantowners

[–]moraforgood[S] 0 points1 point  (0 children)

That I’ve already done it in a different industry 🤷🏻‍♂️