Mobile Saloon Sdn Bhd (MSSB) is founded by Yogendra Selvarajah or as he prefers to be called as “Joe” to his friends. As a self-taught and self-made businessman, he understands of what it takes to acquire a skill, to learn a trade, to be given an opportunity and to have the courage to own and run your own business.
He likes to label Mobile Saloon Sdn Bhd a “people opportunity” rather than a “business opportunity” company. He is very passionate about creating new jobs opportunities for the recently unemployed and the youths who are entering the job market. Starting the mobile barbershop is just the means to this end.
There are 2 pilot mobile barbershop trucks operating in the Klang Valley. Both units are owned by existing “brick and mortar” barbershop owners who want to diversify their business and at the same, subscribe to Joe’s passion of creating employment opportunities for local hairstylists .
The mobile barbershop is a viable and sustainable business model whether it is a social enterprise or in the traditional sense. The investment into a mobile barbershop truck is a relatively small capital outlay.
The investor does not need to worry of hiring hairstylists or worry about finding replacement hairstylists on any day. They do not even have to be active in the day to day management as Mobile Saloon Sdn Bhd will manage all the mobile barbershops trucks operations centrally.
The only effort expected from the investor is to help in driving client traffic through the mobile barbershop by word of mouth.
The rate of return is about 22% for the first 5 years and can double after 5 years once the financial commitment on the mobile barbershop truck is paid off. For anyone interested in the concept of mobile truck businesses, it is a great opportunity to run a small business for a small capital outlay.
Please call Mr. Yogendra Selvarajah (better known as MS Joe) at 012 295 4444 or drop an email to: email@example.com
What Is a Social Enterprise?
A social enterprise or social business is defined as a business that has specific social objectives that serve its primary purpose. Social enterprises seek to maximize profits while maximizing benefits to society and the environment. Their profits are principally used to fund social programs like jobs creation.
Funding is obtained primarily by selling services and products to their client base although initial funding is usually obtained through an investor or through grants.
Because profit-maximization is not the primary goal, a social enterprise operates differently than a standard company. While earning profits is not the primary motivation behind a social enterprise, revenue still plays an essential role in the sustainability of the venture. Employees of social enterprises come from many backgrounds, but priority is given to those who are from at-risk sections of the community. These include long-term unemployed workers, those who have historically worked in jobs where they were informally paid and members of marginalized groups. The social enterprise may seek to provide a living wage, which in most cities is above the minimum wage.