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

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junkeat
post Jan 22 2010, 03:41 AM

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For accountant and secretary, i heard u go any accounting firm also can get the service price is only few hundred.

@ z21j
You dont need a shop address, u can put your home address. They need the address because they wan to know where can find u. If you open branches then u need to add into SSM cert where under "cawangan"
junkeat
post Mar 15 2010, 11:51 AM

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QUOTE(edyek @ Mar 14 2010, 07:49 PM)
Correct.

After you have everything ready, do post it here to share with us. I would like to see how you are getting on.

Good luck to you.

Any problems, just post it back here so that I can help you out with it.  thumbup.gif
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Edyek,

I don't understand if we already apply business license from SSM why do we need to apply business license from local council ?

Is it all kind of business need to apply from local council ?
junkeat
post Mar 16 2010, 09:46 PM

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QUOTE(edyek @ Mar 15 2010, 06:05 PM)
SSM is the license for you to trade or do business all over Malaysia. If you are in a particular town/city, you need to apply license from local council as it is to follow local state rules.

Strictly speaking, we need license from local council because you are doing business in their territory. Recently from other forumers replies, I've found out that online business does not required local council license, only register with SSM.

Eg.
You want to open a kopitiam. You need to register kopitiam license from the local council to operate a kopitiam. This is because the council can keep track of you thus monitoring your kopitiam health status.


Added on March 15, 2010, 6:06 pm

Care to elaborate more on your question?
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Wat if i wan to open a company such as law firm ? acc firm ? do i need local council license ?
junkeat
post Mar 18 2010, 01:41 AM

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QUOTE(boringz @ Mar 17 2010, 10:57 PM)
Might sound good in theory but, is it practical?

People enter biz to earn money...... if it earns u almost NIL, then what's the point.

Do you think it will earn? Put yourself in multiple personalities and think. As an investor, would people want to invest?
BUT, don't take my thoughts with any seriousness... ask others who have more experience in clothing biz! wink.gif

-just my 30 sen  tongue.gif
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I think it is time for u to think something to run on your promotion
junkeat
post Mar 18 2010, 01:33 PM

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QUOTE(boringz @ Mar 18 2010, 09:39 AM)
Hey junkeat, don't understand what u mean, could u explain?  hmm.gif

sry  nod.gif
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Because u say u earn nil in the business. Nowadays business rarely breakeven. Either earn or lost. If it is nill means u have chance to gain profit. Thus, run some promotion might help u gain profit instead of lost.

As Edyek said u might need red sea strategy.
junkeat
post Mar 18 2010, 03:10 PM

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QUOTE(boringz @ Mar 18 2010, 02:04 PM)
thanks for the replies junkeat.

haha... i never see the 'red sea' part. tongue.gif

where to find the red sea strategy?
to be honest, really have to see the long term. if u are able to see, then u can understand whether the biz works or not.

this is really what we call, market research. . . dad likes to tell me this. haha
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Erm....go find in MPH, they selling red n blue sea book too.
junkeat
post Mar 18 2010, 09:35 PM

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QUOTE(Jordy @ Mar 18 2010, 09:06 PM)
junkeat,

If you know nothing, then don't act like you know. What is "red sea strategy" or "blue sea"? There is ONLY "Blue Ocean Strategy".
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Thanks
junkeat
post Mar 23 2010, 09:33 AM

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QUOTE(boringz @ Mar 22 2010, 11:21 PM)
Scenario 1:

Already existing Computer shop A competing with already existing Computer shop B in same area. Like maybe in low yat.
How should computer shop A deal with this type of competition?

Scenario 2:
Local Coffee shop compete with Starbucks in Times Square.
How should the local coffee shop deal with this type of competition?

Scenario 3:
Brand New massage parlor shop opening beside your shop and you are providing similar services too.
How should your shop deal with this type of competition?

Scenario 4:
Company A upsetting the market by giving ridiculously low prices. Company B suffering badly because everyone jumping ship to company A.
How should company B deal with this type of competition?

Scenario 5:
brand-wise competition: DHL famed for logistics vs smaller logistics companies. Though DHL is famed especially for parcel deliveries, indirectly they also affect other carriers like shipping companies, trucking companies due to the extensive marketing done by DHL that cannot be done by smaller companies.
How should smaller companies deal with this type of competition?
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Scenario 1.
Since most of the part price is fluctuate over the time therefore to compete with other is only service. Let me explain.
When i went to car workshop. The foreman tell me actually every driver must know basic knowledge how to take care your car like wash water pump, cooler. aware what is the problem of your car. So he teach me basic little by little everytime i went to his workshop. But i asked, u teach me all of the car service skill. u don't afraid of creting more competitor ? He say, those skill is nothing because main earning is from engine where it is impossible to teach u in theory.

So i guess he answer scenario 1 where by providing info to new blood by computer knowledge may keep customer in long run.

Scenario 2.
Local coffee shop vs Starbuck. Local shop ( not old town) their customer mostly is retirement uncle and starbuck is working class. So both wont match ( research from starbuck)

Local coffee shop ( old town) vs Starbuck. Both are youngster market but income level is different and local coffee shop can have lot variety of food where starbuck only provide cake. So this is the matter of taste n preference. Just like eat noodle or rice.

Scenario 3.
I did ask this question to a marketing person.
He reply : Everyday your cost is fixed. What is variable is where number of customer that coming in is different. Due product is not a must for everyone but relaxing. So, wat u can do is have more promotion to attract customer and enchant your worker massage skill to create satisfaction then only the customer will flow to your shop.

But big competitor have spa etc etc ? I asked.
He reply. Service industry is not talking about money is the leader of the market. That is y creativity own the market share nowadays.

I reply:" @_@ ???"

Scenario 4
Money is the main factor where ppl shifting from company A to B but employee are easier to satisfy where employment benefit preferred.

I asked restaurant owner. How much u give them a month ?
Owner : xx amount. I asked. So less is tis enough for them ?
Owner : ppl u cant give them more. Ppl always not satisfy wit wat they have. U give them more ? they expect u to raise somemore.
Me: how do u secure them to stay with u ?
Owner: Shampoo, working shoe, tooth brush. Whatever but not money. Because they will never know the company treating them good once money gone or store in the bank. But ppl will tend to remember gift from ppl whenever they see.

Scenario 5
Never come across with the delivery company. .

This post has been edited by junkeat: Mar 23 2010, 09:34 AM

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