Managing your finances is one of the key components to a successful business. ABM Consult is running a Financial Management course for entrepreneurs or future entrepreneurs. The course fees is at a low rate of RM900 for 3 days, but you can get sponsorship for it.
Some details of the course:
When: 12, 13 14hb November, 2007
Where: Excel College, Bangsar, kuala Lumpur
Kuala Lumpur 12, 13 & 14 November
Penang 10, 11 & 12 December
For more details and questions on sponsorship, contact Dr. Arriffin Mansor at 012-2786282
Magic Whiteboard
This whiteboard is way too cool, probably way too expensive too. Doesn't really fit in as 'affordable technology' as this blog advocates, dosn't it?
Nevertheless, it's an impressive innovation by MIT. What would be interesting to know is what else can it do besides simulating rolling balls.
Contoh Rancangan Perniagaan (Business Plan Sample) - Download
Skorcareer.com.my has published a post about a sample business plan you can download if you plan to apply for bank loans for your business. The business plan sample is tailored according the standard of an approved business plan by the SME Bank.
You can view the post, and download the sample business proposal here.
You can view the post, and download the sample business proposal here.
Cool Businesses - KarBling.com
This cool new startup provides personalised car sticker printing services, and embrace mobile marketing by utilising car stickers.
KarBling.com stands out from the crowd by taking no minimum orders. Typical car sticker printing providers take a minimum orders of 1000 stickers! Unlike KarBling.com, they don't have any minimum orders whatsoever. They also don't charge by amount of colour used in the design as most printers do. They even print photo quality car stickers.
KarBling.com accepts online payments by credit card, most Malaysian online banking, PosPay and Mobile Money. Delivery by post is also provided.
KarBling.com is run by a small group of people who are passionate about taking it easy on the road. They think that road congestion and traffic jams change how we behave. There's a good chance if you are stressed on the road, it will impose more danger to you and other drivers. More sadly, it sometimes change how we behave to our office colleagues and loved ones at home.
Should SME manage their own servers?
There are many industries SMEs are involved in. Lately in Malaysia, the agricultural market is mushrooming. Having international customers forces some SMEs to have their own email and websites.
Many SMEs are often mislead that they need their own web servers and email servers hosted at their premises. If they do, then they will also require technical staff to support those services.
However, it would be much more cost effective to simply use web hosting (normally with email) services. In most cases, having your own application like ERP or CRM can also be hosted elsewhere, without going through the headache of managing your own.
Costs are cheaper, technical support is available (most of the time 24x7), and most importantly, SMEs can focus on their core business.
By defining your technnology requirements, you could save much more by using the right technology, and the best technology providers.
UsahawanTerbilang.com provides an affordable web and email hosting services from RM50/year.
It's about the People
Nice video which explains to focus on the most important asset in your business - the people.
Bearing in mind that if having technology to improve your staff's efficiency is in alignment with everyone's needs, then it should be the way to go.
Starting with basics
It is undeniable that any company in this new era should think about embracing technology to operate efficiently. It could be as simple as having MS Word to type your invoices, or as complicated as having a Customer Relationship Management (CRM) system to keep track of leads, marketing and sales.
One of the biggest mistakes a company can make is swallowing it all up too soon. Sure its wonderful to have all those big automated systems which is "supposed" to help smoothen operations, but most of the time things get too big, too complicated. At the end, the technology becomes a white elephant. Money is wasted.
Start with basics:
1. An internet connection
2. PCs
3. Basic office software like word processors and spreadsheets
4. Email and a website
5. Telephones
As the business grows, it will be easy to identify where gaps are, and what can be improved. Bottom line, you should focus on your core competency - Your business.
One of the biggest mistakes a company can make is swallowing it all up too soon. Sure its wonderful to have all those big automated systems which is "supposed" to help smoothen operations, but most of the time things get too big, too complicated. At the end, the technology becomes a white elephant. Money is wasted.
Start with basics:
1. An internet connection
2. PCs
3. Basic office software like word processors and spreadsheets
4. Email and a website
5. Telephones
As the business grows, it will be easy to identify where gaps are, and what can be improved. Bottom line, you should focus on your core competency - Your business.
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