I think the best way to expand your business is start from the head quaters as the middle point and expand in circular... north east south west...not too far away so you can monitor each and every branch..

Can someone share some ideas on biz that can generate some good income? Planning to invest some money and quit working for my company but still lack of ideas on what to do.

wat is ur passion?

are you financially tight?
you have money to live even if you dont work?

try to do some old traditional business 1st before venture into niche market..
may be u can try food business or trading business.

Any product suitable for trading?

I don wan buy in some products then unable to sell.

If so, better stick to your 8-5 job.

No one call tell you what to do or invest. It is all up to yourself to decide what you want to do in your life. After you've make up your mind what you want to do, then you can ask for advice on that particular thing that you want to do.

Any products is suitable for trading. Those niche products fetch higher margin due to niche market served thus need higher margin to survive. Trading daily products fetch lower margin due to competitive market and the products itself (too high, people won't buy from you. Too low, you hurt your own margin.)

In the same area maybe is easy to us to monitor it. But the problem is we have receive many customer to ask bout branch at other state to easy their collection. Coz the budget not so much, I worry after we invest to other branch that nearby then if after a year, will have to open to other state will be stuck of cash flow problem. Coz i believe if timing come, dun catch up. Will miss the opportunity.

why not franchise ?

Just a very small biz, and not a own manufacture product, I think there were no reason to franchise...

but u creating it big by open branch right ? u can do small franchise franchise is selling their own brand not product, sngq or seng heng nit manufacturer too

well, if you can monitor your other branches in different states with out interfering much time and energy on your current shop, go ahead. even opening branches in the same state but different region is already hard enough to control in my opinion, let alone different states. (may be because Sabah is damn big)

usually branches will just open in same states, inter-states will become franchise already..

This post has been edited by ah_suknat: Mar 15 2011, 09:30 AM

Thanks for the offer.

Offer profit sharing to those who run "branches" under your brand. In that way, you do not need to fork anything money for your "branches".

By the way, what are you into? Hard for us to help out if we do not know what you are into.

Just started a online Ink and Toner purchase very cheap price but seem not really got the buyer yet ><

website http:\\gadget.onlines.com.my what i had done wrong?

- Email Marketing doing now
- Fax and mail Marketing = Fail
- Brochure to mailbox seem not really working and waste money.

go straight to your targeted customers, who are they?

uni students? distribute flyers to colleges
offices? go to offices send flyers
government? approach them.
schools? go ask the head master.

anyone can help me with the list? coz i no good at marketing ><

help u with the list??? u mean u want us feed u with a list of customers? lol...

your idea not bad... can think about it. thank you very much. but not so know wel bout franchise management,

Go to bookstore to look for "The Complete Idiot's Guide to Franchising by Jr., James H. Amos" or "Franchising For Dummies by Michael Seid"

This post has been edited by edyek: Mar 15 2011, 08:08 PM

Just my personal 2 cents & questions for you to ponder....I'm not trying to burn you, so don't get discouraged by it.

In regards to the site;
- Friendly interface, pleasent layout (not too cluttered).
- I can't find the "Contact Us" part, who & how do I contact if there's a dispute?
- Is Paypal the only payment method?

In regards to Product;
- Few variety, thus smaller market.
- Read TS's experience in the IT industry on the 1st page.

In regards to Pricing;
- Not that cheap (I'm currently buying from someone else with lower price)
- When it comes to IT related products whereby the profit margin is very low, it's hard to be "very cheap", especially if you're a SME.

*Disclaimer: I am only familar with HP toners pricing, so I'm commenting based on that alone.

In regards to Promotion;
- Email ads tend to end up in junk mails, even if it do managed to penetrate into the inbox, people generally delete it quickly. Email ads generally work better when people actually sign up for it e.g. your newsletter part.
- Fax, mail, mailbox....I generally dump all those after realising they're ads.

Now go formulate your marketing strategy first, Segmenting, Targeting & Positioning (Google if necessary). Can't tell whether you're doing it right or wrong unless your marketing strategy is made known. I apologize in advance if I failed to notice your marketing strategy, I'm not experienced or knowledgeable enough to notice.

Hi All,

Me and my wife is planning to start our own ladies spa.

We are trying to get some camdobian/thai/philippino to work as beautician.

I have been contacting maid agencies and what they told us is, there is no way to get a working permit for skill labor from any countries now as government bans it.... but i still find a lots of thai working in spa... i am talking about a proper spa for ladies not those hanky panky one...

Any sifus know any way about getting in a skill labor from above mentioned countries?