When setting up a new company in Malaysia, one of the first things to get to grips with is the differences in the roles and responsibilities of the directors and shareholders. Understanding these differences is very important and could affect how smoothly your business progresses. The Companies Act 2016 (Act) states that any business registered …
Directors & Shareholders and Their Role In Your Business Read More »
So, you’re all set to start up your business! Your first important decision needs to be what type of legal entity to form. In Malaysia, one alternative to incorporating a Sdn Bhd company is to register a limited liability partnership (LLP). An LLP combines the characteristics of a private limited company (Sdn Bhd) and the …
The COVID-19 pandemic has impacted the business landscape drastically. Companies have been forced to change how they run and manage their business, customers, and employees. With much of the world having moved online during the pandemic, digital adoption has taken a quantum leap – working from home has been widely adopted; companies have been compelled …
Starting a business requires detailed planning and personal dedication. Here is a step-by-step overview on what you will need to do to get up and running. 1. Refine Your Idea First and foremost, figure out your business idea. Then, find out how many other companies are in your chosen market and establish what your point …
A start-up accelerator is a support programme designed specifically for early-stage, growth-driven start-ups. It involves the participation of a small team of founders per start-up and it typically adds value to the company via validation of ideas, validation of market, or validation of growth. Most start-ups enter into an accelerator programme for three main reasons: …
Starting a business from scratch is a big step, and it involves time and effort and a good deal of risk. If you do not want to take the traditional route, applying for a franchise licence might be for you. There are many established franchises with proven business models and brand awareness in Malaysia. The …