Saturday, July 21, 2007

Growing up a business in Malaysia.


So you really are starting up a business or you already run but need to grow up. Well, the only one that can help you is yourself, but before you take a great leap to expand, do make sure you have your market or clients with adequate size to support you. Remember, it’s not monetary capital that matter most, its human strength in you with perhaps your trusted manpower that will keep you going up.

If you are a Bumiputera in Malaysia, help is always there whether you are just planning to start up or you are to expand your business. One government agency that I always prefer is 'Majlis Amanah Rakyat' or MARA. They are all over the country with a headquarter in Jalan Raja Laut, Kuala Lumpur, next to Pertama Complex.

For Bumiputera entrepreneurs, you can go to 22nd or 23rd floor (Bahagian Pembangunan Usahawan). If you are starting-up, I suggest you enroll in their short courses for beginner like PUTEK (Program Usahawan Teknikal), LPU etc. Chances are if you enroll, you will attend one of my lectures, looking forward to meet you. I am one of the registered consultants for MARA specializing in IT.

How can they help? For a bumi, there are short term and long term loan facilities for the eligible. If you need business premise, they offer varieties from the incubator programs to shop lots, shop houses even factory spaces. Planning on business promotions and advertising? They have schemes to subsidized up to 40% (please check details) with reimbursement after you produce your invoices and advertising bills. For your inormation, they even subsidized your packaging.

Ready for international market? They can help bring you there. Well, I salute one of their programs that connect our Bumi entrepreneurs with Parkson, China. Oh I should mention that I went to China twice with them.

What are you waiting for? Wish to see more great Bumi 'Towkay' in future.

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