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reflection from youtube video.
https://www.youtube.com/watch?v=P2juRja05HU

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hi. Im from group 6. I want to know how you maintain your products to customer. And how you find investor to be part join in made a product?. THANK YOU

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Question and Answer for Online Business Pitching Video

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ANY IMPROVEMENT, SUGGESTION OR FEEDBACK? FEEL FREE TO TELL AND ASK US..

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ANY IMPROVEMENT, SUGGESTION OR FEEDBACK? FEEL FREE TO TELL AND ASK US..

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(stage 2)

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1) Introducing our company
2)Product description;
-the specialty:
✅Cheaper and affordable price
✅We use good materials
✅ Eco friendly
✅ Multifunction bag
✅ Easy to match with your daily casual outfit
Can also use as shopping bag
-the price :
✅ minimum Rm20
3) Customers' problems:
✅ limited design to choose
✅expensive price
✅ difficult to get totebag stock
4) Solution :
✅ colours and design according to customer's wishes
✅ give promotions
✅ have agent all around Malaysia.
5) Target customers;
✅university students
✅social media users
6) Marketing strategy
-Online;
✅Facebook
✅Instagram
✅ WhatsApp
7) Revenue models/streams:
✅ sale tote bag
✅ dropship/ agent fee

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KINDLY FOLLOW US ON ! and feel free to us regarding our product "wonderbag tote bag"
👜 IG : @iwonder.co
https://www.instagram.com/iwonder.co/

👜 FB : Wonderbag Tote Bag
https://m.facebook.com/IWonder.Co/

Remember, with only one bag, you can change your outfit completely 💙❤️💛💚

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my name is Aida adam and im a group representative for this group. hope that we can cooperate well

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DISCUSSION: amount employees that you planning to hire.

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DISCUSSION: amount employees that you planning to hire.

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STAGE 1 (HUMAN RESOURCES MANAGEMENT IWONDER.CO)

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STAGE 1 (HUMAN RESOURCES MANAGEMENT IWONDER.CO)

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1. CEO*

2. HR Manager*
3. HR officer (Training & Development)

4. HR officer (Recruitment & Selection)

5. HR officer (Job Analysis)

6. HR Planner (HR Planning)

7. Legal Advisor (Employment Laws)

8. HR officer (Occupational Safety & Health)

9. HR officer (Compensation & Benefit

PLEASE FILL IN WHICH POSITION DO YOU WANT TO BE..

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1. Summarize the case study regarding “Why NOKIA disappeared”. (5 marks)

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1. Summarize the case study regarding “Why NOKIA disappeared”. (5 marks)

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2. Why did Nokia miss consumer trends? Elaborate it. (5 marks)

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2. Why did Nokia miss consumer trends? Elaborate it. (5 marks)

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3. From your point of view, what are the new entrepreneurs’ needs from the lessons of“Why Nokia disappeared”. Explain it with the concepts of entrepreneurship that you have learned. (5 marks)

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3. From your point of view, what are the new entrepreneurs’ needs from the lessons of“Why Nokia disappeared”. Explain it with the concepts of entrepreneurship that you have learned. (5 marks)

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4. From your point of view, what are new marketing strategies that should be possess bythe new entrepreneurs in this new era of Industrial Revolution 4.0? (5 marks)

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4. From your point of view, what are new marketing strategies that should be possess bythe new entrepreneurs in this new era of Industrial Revolution 4.0? (5 marks)

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first adrian need to hired a staff to avaluate their account. the need person in charge in accounting yo avoid problem in the future.
second. Adrian need a strategic business plan.
third he need to reorganize his debts and repay on time.

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In my opinion
1) Adrian should have pay their debts little by little
2) Given the situation now, Adrian should focus more on paying the debts first to make sure that the interests is not too much to bear.
3) Adrian also should try finding where he could decrease his cost such as find places that supply ingredients with the same quality but with a cheaper price
4) When the situation stabilise and there is increase in the revenue, Adrian should hire an accountant to manage the account properly.

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Answer Case Study 1 (Fiona)

In my opinion:
1. Get advice from financial advisor.
2. Get help from lawyer to get herself right.
3. Start saving.
4. Use cash instead credit card.

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In my opinion case study 3

1. Adrian needs to stop using this credit card so he won't realize he is in debt.

2. Adrian needs to keep records and data in a more manageable state

-RECKY-

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(Nurkhaliesah Binti Mat Kohar 17064438)

In my opinion:
·         They can hold more promotions and discounts on the menus they have

·         They can promote their business more widely as an example on social media (Facebook, Instagram, Twitter) and distribute flyers and banner
·         Once their business become more stable, they can settle their debts

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Answer case study 3 (Adrian)

Adrian was in a bad situation because of he did not concern about important document to record his business. Without the record, he did not notice about a lot of debt on his business. Adrian also relies on credit cards to pay essentials and owe from the bank.

My advise is :

1. adrian should stop using credit cards and ATO for his essentials and start spend wisely to reduce the spending.

2. sell his van that worh $6,000 and buy a cheap one so that the money can be used to start a new business. He need to get income because he got a lot of debt to pay.

3. move to cheap house to cut his cost.

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(Nurul Izzatin Syazwin binti Jeffri
17117230)

In my opinion:
• Fiona needs to slowly pay her credit card debt.
• She also better to cut her spend especially by using her credit card and just buy what she needs.
• Once she clear her credit card's debt, she suggested to reduce the number of credit cards.
• Rather than using credit card, she's better to use cash, so she knows her spending limit.

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answer case study 1 (fiona) advice or solutions to help them (NURUL AIDA 17063006)

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answer case study 1 (fiona) advice or solutions to help them (NURUL AIDA 17063006)

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I give advice to her.

Reduce the number of times you use your credit card. Try not to bring your credit card with you when you go out.

At the same time, use cash as much as possible to reduce the number of credit card use, live within your means, rational consumption.

Cardholders should spend according to their own needs every month, always be sensible and try to avoid big spending.

Reduce the number of CARDS, if the cardholder has more than one bank credit card, can choose to cancel some credit CARDS.

Keep 1 or 2 credit CARDS that are suitable for you according to your needs.

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Jamie and his Mum Anita were joint directors of a company. Within that company they owned and operated a Cafe/Restaurant with Jamie taking charge of the kitchen and Anita running the restaurant. Although they had a good following and lots of positive feed back from customers, with the current economic climate, the figures took a steady decline. As with many businesses, putting aside for debts are often the last thing they can manage to do. They both rallied and tried to do whatever they could to keep everything going, putting in long hours, streamlining menus etc with the aim of making the business more profitable and catching up on the debts. They even re-branded the cafe/restaurant and re-vamped the decor which turned out to be a winner with the public and business began to recover slightly. Sadly, it was too late to catch up despite their best efforts and positive feedback on the food and new vibe. They had become too far behind on their  debts and lease obligations

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Running a business during bankruptcy
Adrian is a 36-year-old tradie from Queensland. He runs his own odd-jobs business, called Adrian’s Assistance. Adrian earns $40,000 a year.
Adrian and his wife rent their apartment in Logan City. Adrian owns a van worth $6,000 which he uses for work. He also owns work tools which are worth around $3,000.
Being self-employed, with a young family at home, Adrian struggles to find time to keep records for his business. He was surprised to discover he owed $100,000 of business-related debt to the Tax Office (ATO).
Also, being a tradie, Adrian’s income can be inconsistent. He relies on credit cards to pay for essentials, and he owes the bank $20,000.
Adrian spoke to his accountant, who referred him to a registered trustee to discuss bankruptcy.
The registered trustee explained to Adrian some of the ways bankruptcy would affect him:
Adrian would be released from his unsecured debt (ATO* and credit card)
Adrian could keep his van because its value is below the vehicle threshold**
He could also keep his work tools because their value is below the threshold**
Adrian could continue to work as a sole trader. However, he would either need to tell people he is bankrupt, OR change his business name to include his full name
Adrian would not have to make compulsory income payments because he earns under the income threshold***

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Fiona was a young woman just starting out in life. She had a wonderful job which she loved and a happy partnership. Unfortunately, Fiona had fallen prey to the trappings of credit cards which left her extremely stressed and scared. Because she had a stable income, offerings by financial institutions to take up a new credit cards seemed like a good idea at the time – until they mounted up. Thinking it would be helpful, she took advantage of transferring debts from one card to a new interest free card with the intention of cutting up the old card  but that plan backfired. Soon the debts became so high she was taking cash advances to repay minimum repayments on other cards. It was a downward spiral. Fiona did not commit any crimes. She simply got caught up in a credit card life sentence! Fiona owned a car but had no other assets.

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Differences between business entities in Malaysia and US. (Khaliesah)

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Differences between business entities in Malaysia and US. (Khaliesah)

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There are 5 types of business entity in Malaysia which are sole proprietorship,partnership, limited liability partneship (LLP), private limited company (Sdn Bhd) and public limited company (Bhd). While in US, there are 6 types of business entity which are sole proprietorship, general partnership, limited partnership (LP), limited liability company (LLC), C-corporation, and S-corporation.

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there are 5 main types of business entities in Malaysia which are:

Sole proprietorship.

Partnership.

Limited Liability Partnership, also known as LLP.

Private Limited Company, commonly known as Sendirian Berhad or Sdn Bhd.

Public Limited Company, locally known as Berhad

Qiera

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Small and Medium Scale Enterprise (SMEs) .The Act provides for classification of enterprises based on their investment size and the nature of the activity undertaken by that enterprise. As per MSMED Act, enterprises are classified into two categories - manufacturing enterprises and service enterprises

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Different between business entities in Malaysia and US.

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Different between business entities in Malaysia and US.

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There are thress types of business entities in Malaysia which is sole trader, partnership, limited company.

While the business entities  in US is Business corporation and limited liability company.

(IZZATI)

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Differences between business entities in Malaysia and US.

Malaysia have LLP, Sdn Bhd and Berhad while US have C-coperation, S-coperation and  LLC.

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Given the different entities available here, they might suit different stages of your business or perhaps serve different business needs. Therefore, is it crucial that you know them all and how are they different from one another. By knowing them, you will be able to understand more about how the other business functions and you can see your own business idea in a different light, resulting you in choosing the type of business entity you should launch as.Broadly, there are 5 main types of business entities in Malaysia which are:Sole proprietorshipPartnershipLimited Liability Partnership, also known as LLPPrivate Limited Company, commonly known as Sendirian Berhad or Sdn BhdPublic Limited Company, locally known as Berhad

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Given the different entities available here, they might suit different stages of your business or perhaps serve different business needs. Therefore, is it crucial that you know them all and how are they different from one another. By knowing them, you will be able to understand more about how the other business functions and you can see your own business idea in a different light, resulting you in choosing the type of business entity you should launch as.Broadly, there are 5 main types of business entities in Malaysia which are:Sole proprietorshipPartnershipLimited Liability Partnership, also known as LLPPrivate Limited Company, commonly known as Sendirian Berhad or Sdn BhdPublic Limited Company, locally known as Berhad

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-RECKY-

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SME is a small and medium business that just want to start a new business (IZZATI)

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1) Ain
2) Syaz
3)Khaliesah
4) Mira
5) Recky
6) Aida
7) Izzati
8) Zaza
9) Qiera

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A small to mid-size enterprise (SME) is a business that maintains revenues, assets or number of employees below a certain level. The criteria for determining an SME varies among countries and industries. For example, in the European Union (EU) a business with fewer than 250 employees is considered an SME, while in the United States an SME has fewer than 500 employees. -Nurkhaliesah-

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What is SME?

Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel numbers fall below certain limits.

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Difference between business entities in Malaysia and US

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Difference between business entities in Malaysia and US

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The US business entity has C which stands for Corporation. C business entities are managed by office directors and is owned by shareholder and stakeholders

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Differences between business entities in US and Malaysia. -Syaz-

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Differences between business entities in US and Malaysia. -Syaz-

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State governments in the U.S. recognize more than a dozen different types of business entities, but the average small business owner chooses between these six: sole proprietorship, general partnership, limited partnership (LP), limited liability company (LLC), C-corporation, and S-corporation. While, the type of business entities that exist in Malaysia are Sole Proprietorship,Partnership, Limited Liability Partnership(LLP), Private Limited Company /SendirianBerhad (Sdn Bhd), Public Limited Company /Berhad(Bhd)

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Bank Negara Malaysia (Central Bank of Malaysia) have revised the definition of SME through a notification issued on 27 December 2017 which details are as follows:

Manufacturing: Sales turnover not exceeding RM50 million OR full-time employees not exceeding 200 workers; and

Services and other sectors: Sales turnover not exceeding RM20 million OR full-time employees not exceeding 75 workers.

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difference between Malaysia and US on business entity

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difference between Malaysia and US on business entity

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malaysia:
1.partnership
2.private limited company

united states:
1 business corporation
2 limited liability company