Malaysia Digital Economy Corporation is here .There has never been a better time to start an online business. But starting and running a successful online store is hard work with many steps and decisions that need to come together at the right time. To help, we’ve put together a comprehensive resource list, hand-selected from our best content….
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A Business Audit is a systematic assessment of methods and policies of an organization’s management in the administration and the use of asset and resources in operation , tactical and strategic planning, and employee and organizational improvement. The objectives of a management audit are to (1) establish the current level of effectiveness, (2) suggest improvements,…
I was a Head Of Customer Service And Fleet Operation before in an Oil & Gas company. We can actually anticipate customer behavior if we have their database and do some analysis on them.This will create a better shopping experience for them and avoid frustration.However complaints can be a useful tool for discovering where your…
1. Be careful when you are choosing partners. Best friends does not mean good partner.Know who you really need, support them where necessary and fire them if needed. Working hard is not enough. You need Team Performers. 2. Do not use your own money unless you have an operation , tactical and strategic planning. You can if if…
What is the most important lesson you learned in school that is used in business? Math! Knowledge of Mathematics leads to profit or loss in business. Especially Business Mathematics such as Compound Interest. Each of the activities we do from the time we wake up until the nightime is mathematics. Means that any activities that…
Business Plan should be written not only with your business in mind but also your lenders in mind . Bankers would like to see your business in 5 to 10 years time to consider giving you a loan for your expansion. These are a few tips for writing a Business Plan with lenders in mind….
One thing I noticed is that many entrepreneurs succeed because they have experience in the military before entering the business arena. Could it be that these factors cause long lasting business? The business areas which do require superhuman strength. In addition it requires strategic planning, tactical and operational or logistical good. This is all taught…
One way to ensure your business longevity is to have a process that is complete. This process needs to be charted on a piece of paper with the name of department or individuals who are accountable even if the business is small. How small a business must have a process starting from the purchase of…
12 mistakes that I made in my first year of being an entrepreneurs: 1. I almost lost confidence. 2. I wanted to be a CEO too fast. 3. Seek advice from too many people. 4. Do not know how to ask for advice. 5. Forcing people to buy rather than influencing them. 6. Living in…
One of the secret in business continuity is a multi skilled employee . As one of the employee in a Global company in Malaysia , I was asked to do many tasks of my collegues when they are not around. Sometimes we need to shake our employees to make their eyes widely opened for oppurtunities…