Monday, December 16, 2013

CANI

CONSTANT AND NEVEN ENDING IMPROVEMENT - CANI

In the business world, when you don't improve, you stay stagnant and people overtake you....

The habit of CANI must be adopted in order to stay competitive:

There are different area that we need to improve:

1. Sales - How to improve your sales volume, turn over, customer loyalty?
2. Marketing - How to let more people know about what you are offering?
3. Human Resource - Are your staff growing with the company?
4. Corporate image - Is your organization well perceive by the public?
5. Innovation - Are your company the market leader or copier?
6. Company Vision and Mission - Are your company growing or dying?
7. The owner - Are the company automated enough that goes to the direction you intended with minimum supervision?

In business, you either grow or being phase out. Ask yourself the above question and seek for Constant and Neverending Improvement, your company will be invincible!


Tuesday, March 30, 2010

How to start a company?

Few days ago, I have a short discussion with my friend.

Actually, It's not easy to start a business in Malaysia.... you need to do the following official things:

1. Apply trading license
2. Apply electricity meter
3. Apply telephone
4. Apply streamyx
5. Register your company
6. Apply Socso account
7. Apply EPF account
8. Apply import/export license
9. Apply music license
10. Apply income tax account
11. Company Insurance
12. Register with JKKP (if factory)
13. Register with DOE (if concern)
14. Register with BOMBA (if related)
15. Apply import/export duties
16. Apply GST account.
17. Apply special license from consumer and trade affair department....

That's why people are not willing to go for business in Malaysia.... too many red tapes...

Norm'C

Wednesday, May 6, 2009

Hotel Business

Money required : 2 Millions

Bank Loan : 7 million RM

Payback period: Best senario - 2 years.

Normal senario - 5 years

I have done my homework. The monthly expenses = 150,000 RM.

Workable? yes, but very challenging.

Deal or no deal? let me think about it.

Monday, December 22, 2008

Loan Shark Business

I got this flyers from my car's windscreen which prompt me thinking..... ya, loan shark is a good business....




I can even lend to "Listed Company"....

Sunday, December 21, 2008

Introduction

Well, I just have to take action to start a "business" in a blog.... Too much dream and day dream without action.

Business? = Long hour, tough challenges, a lot of con-man along, difficult to get the right people for the right job, continuous innovation, endless routine, bored...

Can it be EXCITING, CHALLENGING, FUN-FILLED, HELPING OTHERS, MOTIVATING OTHERS and YOURSELF, GROWTH, REWARDING, LEARNING, EXPERIENCE, DRIVE OF LIFE, REJUVENATION, HAPPY AND LUCKY?

I start this blog to explore how to work out a "good" if not perfect Business for myself and others.

Hope we will have fun learning together.

Norm'C