Eh thats quite cheap leh... Any website/link?

anyone invested in mossy coffee ? or heard before of this investment ?

Please do tell us more.

im not in the line of business but, your normally air conditioning is around 16 degrees Celsius max coolness, actual maybe 20+- ? A fridge normally should be below 4 degrees Celsius..

go around supermarkets and see, fruits normally air conditioning can dy... I guess you have to see what your products are and if you really need the fridge

This post has been edited by gerald7: Oct 6 2015, 09:09 AM

Need some advice from sifu here, i just register my company under category ENTERPRISE, then i want to open my company account, i had check with maybank & hong leong bank but seems they required a lot of things ie Introducer which need to have own company operate more than 1 year but i don't have this kind of connection.

Did any know how to open a company bank account without introducer? or which bank requirement are low.

cimb doesn't need introducer. if you do not have contact for the banks, consider cimb.

#disclaimer: I do not own any CIMB business current account.

RHB Bank no hassle too. Just have the money and documentation.

PM me

I am interested! Can PM?

Thanks for your info man.. tomorrow will check out CIMB bank

Anyone can be introducer for maybank?

This is the one that I took to earn USD. It's going to Ipoh and those of you who are interested to know more, you can attend this (if you are in Ipoh la)

Registration can be done at: www.projectsideincome.com

(Because I have so many ppl PM-ing me, might as well you just drop by the course itself)

hi guise.
im planning to open a foreign labour supply agency. like construction workers.
what category do i choose when registering for company?
and is enterprise sufficient or do i need a sdn. bhd.
thanks!

What content are you going to blast out via the SMS message?

PM me too but am in east msia

There're many categories, can't remember all but I think closest is "Service Provider".

Whichever type of company you're comfortable or like is fine.

Hi all ,

Enterprise convert to sdn bhd will use back same name or different name?

Hi everyone, my dad is working in steel industry (fabrication for factories, such as trolleys, racks, etc. All our product are custom order, no brochure for item list). His business is not doing well in the past few years mainly due to the economy and political issue (most of his skilled worker trained by him are sent back to their origin country due to permit problem). Recently I came in to help him manage the business after I finished my degree last year.

The sales is not so good (production wise is another problem, current workers are working way too slow and available skilled worker out there are way too expensive and rare in current state of economy). This business is doing very well 10-15 years ago during the economy boom (199x-2005), after all the big factories move out from Malaysia and the opportunities is lesser and lesser.

Marketing in this industry doesn't seem like going anywhere since our target is mostly factories. We had tried creating websites and Facebook pages to show our manufacturing products and track records but it doesn't seemed to help.

Do note that this is a SME sized business, we had only about 3 workers in production, 1 lorry driver while me and my dad are taking the role on getting sales and all the management stuff. The overhead each month is ridiculously high (rental and salaries for worker) and the average margin for the business nowadays is about 30-40% only. Payment collection is another headache part and the credit term is always 60-90 days and our cash flow is getting very low. Do you guys think this kind of business is still workable in this country?

Local steel manufacturers are dying. Even the big boys like southern steel, Ann joo etc are suffering. The gov went on till an extend that they imposed anti-dumping rule to control the price of steel here as they were heaving dumped by China players.

Not only that, you are working in a very niche market, a fabricator for certain products and fabricates as per order. That shows that you have low order book. Let's not forget that it's a highly competitive industry.

I have seen customers changing their biz direction. Maybe a trader instead of a fabricator since you are moving towards marketing now. Low overhead cost which suits yr biz operation too.

Just my humble opinion.