Of dumb luck and SMRT woes

I am quite proud of the robust transport system in Singapore but of late I am quite disgusted with it, mainly due to the severe disruptions that almost could have had lives lost. I am talking about the North South line issues that led to the suffocation within the coach if it was not for the quick thinking and wittiness of a Samaritan who broke the window for ventilation.

Heck days earlier,the new circle line was disrupted and led to more woes for those who work and relied on the services. I was one of the pissed off people who just got refunded $0.80 for the journey refund which when I took the alternative bus ride,it cost me another $1.70 resulting me more than $2 out of pocket which the normal fare just costed me $1.78 rather than the $4.80 in all. Plus that I losses 3hrs of income. Just what dumb luck to have 3 strikes in a row.

Starting up New Business

Starting a new business is a way to start your lifelong career.

The steps u should do to start your own businesses as follows:

• Register a business name
• Write a business plan
• Built a new company structure
• Setup a relationship with a banker
• Setup other relation with government or other professional bodies/agencies
• Meet legal requirements for operating a business
• Get licenses and permits
• Set the price of the products /services
• Determine the funding and resources
• Obtain office space and equipments
• List down off all suppliers
• Plan for risk and insurance
• Develop a marketing plan
• Financial management system
• Set up record-keeping systems
• Hire employees
• Develop daily managerial plan

You may always remember that every business objective is making profit to become prosperous. Every step is inter related or connected to one another.

For general information, every business have 4 stages or business cycle and the first stage is startup/creation, ones the business passes the nascent phase it begin to find their core customer and establishes its niche in the market is then called "growth phase" and the business reaches maturity level in terms of market. The brand identity and image of the business are well established at this stage. At some point of time undergoes a stage where it experience decline in sales and create an unfavorable atmosphere in the market term is recession. The company might even experience reductions in profit margins or even losses depending on the market and economic positions.

By knowing the business cycles, every new player in the business should get ready and plan properly at the start and can cope of any of the circumstances occurs during the stages, so for the above factor should be consider to get good expose and good image of business setup and to make sure it is continuously operated under good business practice and behavior at all times.

As such, good planning is a must with numerous contingency plans held in play to ensure survival of your business.

Salam,

Salam perkenalan buat kawan-kawan yang baru memulakan perniagaan tak kira secara kecil-kecilan atau pun secara sambilan,. dunia perniagaan memerlukan banyak pengorbanan dan banyak cabaran yang perlu kita tempohi untuk mencapai kejayaan bukan sesuatu yang mudah jika tidak di usahakan secara bersungguh-sungguh dengan penuh komitmen n komited terhadap kerja.

di dalam blog ini saya ingin berkongsi pengalaman usahawan yang telah berjaya ataupun yang baru ingin menceburkan diri dalam bidang perniagaan. di harap usaha kita akan diberkati Allah s.w.t hingga ke akhir perjuangan kita ini.

yang benar
Azian Razak

www.zyraz.com