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 For Small and Medium Business Owners, Come In and Share Your Biz.

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YuNGSeNG
post Jul 13 2010, 11:45 PM

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QUOTE(Patrick Star @ Jul 12 2010, 04:56 PM)
Hi All..

My friend will be supplying sotong junk food for me to sell..

I plan to sell in different night market everyday in KL, PJ etc..

I plan to start with one stall first then slowly increase to 2 & 3 etc. I will hire ppl to help me look after those stalls.
Any advice? or suggestion?

Any better way to expand this business?

I also plan to sell ice cream in the night market as my bro will supply to me.

Kindly advise..

Can do this part time? or need full time?
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Do you have any photos or informations of the sotong junk food ? I may interest to buy from you and resell it with my own idea. Provided nice product and nice price.
YuNGSeNG
post Jul 24 2010, 06:50 PM

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QUOTE(hackwire @ Jul 24 2010, 06:54 AM)
im now in the midst to plan my new office. i read about some virtual offices for businesses and also some office space for rent. Have you guys seen any of this offices around before?
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I do have contact with virtual office and service office as last times I was headache to find office space to rent, after research to all of them, now I'm able to know the basic pro and con of each different office space provider.

Maybe you can state what is your prefer location, rental budget and any requirement ? I try to come out some idea for you.
YuNGSeNG
post Jul 25 2010, 12:22 AM

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QUOTE(hackwire @ Jul 24 2010, 11:18 PM)
im kinda confuse now with virtual office and the office space rental ( shared ). I didn't know there was such thing. What's the Pro and Cons now? I understood that Sdn Bhd registration requires office address , so how can virtual office or office space can help in registering a business?

im looking for location in subang jaya or anything that don't cost a bomb near PJ . i kinda like empire soho but wonder if they have such office? Another place i like is mutiara damansara , i wonder if the one next to cineleisure open and have soho offices?
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For your case (SOHO), I will think virtual office or serviced office is the best choice. Both Virtual office and Serviced office can help you in Sdn Bhd registration as both of them can provide you office address.

Based on your case, if you choose subang jaya or mutiara damansara area, in there only have normal office space, which mean you have to renovate your office and buy office furniture yourself. However, I will suggest you to take KL bukit bintang area virtual office or serviced office. The reason is cheapest and perfect location. And you do not need to renovate the office or buy office furniture. I try to give you some clear picture of what is virtual office and serviced office to clear your confusing.

Virtual office
1. You do not have "real office space" but you will have your office address. For example, you become tenant of ABC company (virtual & service office provider). Then you can rent their office address.
2. As mentioned, you do not have "real office" but you can enjoy their office business lounge. All the virtual office tenant can meet their client in the business lounge.
3. You have your own telephone line. For example : 03-2116XXXX. Any client call to this office number, the line will convert to your handphone.
4. If any letter post to the address, the customer service girl will help you keep it and inform you. Therefore, you can always go there collect your letter while meet client in business lounge. Or you can go to collect your letter when you got pass by there.
5. Free refreshment at 3.30pm in business lounge.
6. Free unlimited water, coffee and tea.

Rental around RM 60 - RM 100 per month. Depend on the package you want.

Serviced office (All these are included in the rental)
1. Own office with your own key include few tables, chairs, cupboard. The amount of furniture is depend on your office size.
2. CCTV around your own office outside only
3. Business lounge
4. Cleaning office everyday
5. Meeting room
6. Boardroom
7. Discussion room
8. Free refreshment at 3.30pm
9. Free unlimited water, coffee and tea
10. Gym & bathroom (No problem for overnight as you can bath in here)
11. Electricity & water bills
12. Free telephone & telephone line 03-2116xxxxx only (charge if you make call)
13. Free fax line 03-2116xxxxx only (charge if you fax somethings)
14. LAN & Wireless
15. Free receptionist for your client phone call before pass to your office phone
16. Security guard

All is include in the rental per month

Example :
Rental : RM 800
5% Gov tax : RM 40
So total you have to pay RM 840 only

The rental amount is depend on the office size you request. The bigger size, the higher price of rental.

If need help, enquiry or want to take a look of the office, I'm welcome to help you based on my experience.
(But I'm not sales person or agent)


YuNGSeNG
post Jul 26 2010, 06:08 PM

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QUOTE(hackwire @ Jul 26 2010, 04:02 PM)
oh thanks for this info. im greatly appreciated your write up.
As for now i think virtual office is great but i need to get a space for my business as it concern photo shooting studio. I just realized that.
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You're welcome smile.gif
Mind to share what business you are plan to started ? A photo shooting studio ?
YuNGSeNG
post Jul 27 2010, 09:34 AM

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QUOTE(hackwire @ Jul 26 2010, 10:16 PM)
yeah a studio of my own work so i just need a small space for setup the photo stage and background . most likely my budget will be very low around rm 800  . a small soho office will do . im currently searching around damansara perdana area or shop offices .
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Oh I see, just to know, your customers is walk in customer, or you already have your own fixed customer based ?

If walk in customer, I think shoplot will be better for you ?

If you have own fixed customer based, then you can based your business in any hidden or not crowd area with cheaper rental, provided transport is convenient.
YuNGSeNG
post Sep 1 2010, 12:53 PM

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Deleted

This post has been edited by YuNGSeNG: Sep 1 2010, 12:55 PM
YuNGSeNG
post Sep 1 2010, 01:03 PM

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QUOTE(Omage007 @ Sep 1 2010, 12:56 PM)
The material expenses is already include at the RM1k there. . .  else his monthly expenses is below RM3k if exclude material; of coz the more he sell the higher the material expenses. . .
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Yes, sorry for me to overlook "your RM1K is include material expenses".

However, usually we didn't calculate the material expenses as fix cost, but we calculate it as variable cost, as the material expenses is based on sales volume and not fix per month.






YuNGSeNG
post Sep 4 2010, 02:01 AM

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QUOTE(OnOne @ Sep 4 2010, 12:53 AM)
i was thinking about this business, just 1 2 know will u guys use this service?

a Courier Services/Personal Service around Kl and Selangor only

services will be:
-send and collect document or parcel < using bike
-buy groceries/food even medicine < using bike

door to door services

Charges will be RM15 per trip < dijamin sampai hari ini

will u guys use this service ???
*
1. Marketing
- How you create awareness to your target customer ?

2. Reputation
- Usually the items are important documents, how they can trust you ?

Generally, the above statements is the most important issue you should look into.
YuNGSeNG
post Sep 21 2010, 01:27 AM

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QUOTE(Awakened_Angel @ Sep 20 2010, 11:22 PM)
+ 1

HACKWIRE, nice sharing.....

btw, I have a story to share also... told by my ex boss la during my induction....

once upon a time... there`s this shoe maker that ask his son... to travel over the land and see if there`s any market for their shoes.....

after a week, his eldest son came back... told his father.. dad.. dont waste your time.... there`s no market there..... the people there dont wear shoes... they are primitif people...

feeling not satisfied, he asked his second son to go to same place on next day.. again, the second son came back after a week... " dad, dad.... we need to move... there`s a plenty of markets there... almost all ofthe people didnt wear shoes..... we can make a fortune there....

so, which son are you? eldest or youngest?
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Nice story sharing, to open up our mind. I believe most of us will choose to become the youngest son.

However, it is not neccesary the youngest son will be successful. Sometimes, culture is the vital issue as human culture is hardly to change. In real life, some big companies implement globalization or market segmentation having difficulty and failed, just because they didn't study the target customers' culture.

This post has been edited by YuNGSeNG: Sep 21 2010, 01:30 AM

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