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

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leegent
post Aug 16 2010, 01:06 AM

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Joined: Oct 2008


1st thought in mind
Planning to open design company, providing design solution.

Experience in the field 2year+, currently working as web designer in xxx company.
Reason to open business- initially thought is to increase my income and if success then i can turn it as my career!

Capital to start business- <3k (basically the capital is to get a domain and also web hosting, the rest is the transportation fees to meet clients or promote my website (name card/ leaflet etc)
Employee - myself /finding a partner to work together.

my plan,
1st step- design a website for my own, get domain and upload to web.
2nd step- advertise my website through forum/ name card / fren etc.
3rd step- set target client and try approach and get sales.

if this generate sales and get profit then only
4th step- register a company

Not sure in malaysia, a company just doing design can survive or not? Normally big agency get most profit from advetising and design profit is very low...

Second thought in mind is running E-business.
Selling electronic item- from china.
Capital will need - 6-10k(depend what item wanted to import)
Will get partners for funding

Not sure online business in malaysia works or not...
Quite risky because need to get place to put the goods and also invest money 1st to import....

Anyone experience in running business please give me some advise or any recommended business also can (besides mlm)

leegent
post Aug 16 2010, 09:57 AM

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Joined: Oct 2008


QUOTE(edyek @ Aug 16 2010, 08:11 AM)
1. You will get some client referral, but ain't this industry too competitive?

2. What kind of electronic items you want to import? There are various of electronics, some may be sellable, some are just another product which you can also get in Malaysia.
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1. considering competitive but every industry is same. i would say besides designs skill and prices, marketing strategic and social skill also very important. Im not strong on that=.=

2.reason to sell electronic is because the margin is good. example or electronics-gps/ mp5 players etc. Im not sure how is the trend now, when iphone and ipad coming out...

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