Both franchises and licenses are commercial contracts that allow for the sharing of specific brand elements in return for a price. A franchising agreement, on the other hand, covers a company’s whole brand and activities, but a license deal only applies to registered trademarks. Franchises often work best for service-based businesses, while licenses are more… Continue reading The Differences between Franchising & Licensing
Author: Boss Boleh
FAQ About Tax (for Companies in Malaysia)
Company: Assessment A) Gross Business Income Question 1 – What is meant by Gross Business Income? Answer: Gross business income shall include any sums receivable or deemed to have been received for that basis period in relation to that source by way of sale of trading stock or services. In determining gross business income, Section… Continue reading FAQ About Tax (for Companies in Malaysia)
What is a company secretary?
If you have no experience in starting a company, you’re probably wondering about the purpose of paying a monthly fee to an appointed company secretary for your Sdn Bhd. What exactly do they do, and why is it a must for every company to appoint one? The following article will explain more. Company secretary [Secretarial… Continue reading What is a company secretary?
Industry Guide on How To Set Up a Coffee Shop Business in Malaysia
As the saying goes: “As long as there was coffee in the world, how bad could things be?”. Indeed, coffee has become the mainstream beverage in today’s society. Rather than merely a popular beverage, it has become a necessity for many people all around the globe. Malaysians are not excluded from this trend too. Dating… Continue reading Industry Guide on How To Set Up a Coffee Shop Business in Malaysia
Things to Know About Agriculture Business in Malaysia
Food, the fuel to our human lives for us to continue with our daily activities. When we talk about food, agriculture is unquestionably the largest sector contributing to our food supply. In Malaysia, this industry is favoured thanks to the geographical advantages we have in our country. From family-run farms to multinational corporations with a… Continue reading Things to Know About Agriculture Business in Malaysia
Industry Guide on How To Start a Private Education Business in Malaysia
The number of international schools in Malaysia has increased due to the nation’s expatriate population. Compared to public schools, there are now more international schools within the capital. Not to mention, Malaysia also has private schools to fill the gap of quality education. For the sake of development, Malaysia’s public school curriculum has undergone several… Continue reading Industry Guide on How To Start a Private Education Business in Malaysia
How to start a Spa business in Malaysia
In Malaysia, the beauty spa and wellness sector are growing quickly. Due to the Covid-19 outbreak, more than half of spa businesses had to close, however spa owners and providers persisted in doing what they do best. Spa businesses typically offer services like health massage, physical therapy, or water therapy to balance the body and… Continue reading How to start a Spa business in Malaysia
How to start a Hawker Stall Business in Malaysia
Numerous nations in Asia are recognized for their hawker stall businesses. As a result of the different races, Malaysia is diverse and colorful. People can have access to affordable and readily available food. All over Malaysia, there are many hawker stalls. But did you ever consider that some hawkers operate illegally? Most hawkers think by… Continue reading How to start a Hawker Stall Business in Malaysia
How to Set Up an Entertainment Business in Malaysia
The media and entertainment (M&E) industry in Malaysia, like the other sectors, was not exempt from the pandemic’s fury, making it susceptible in a storm of uncertainty. Additionally, compared to other nations, Malaysia’s M&E industry is still developing. However, the M&E sector in Malaysia is predicted to have above-average worldwide growth over the next five… Continue reading How to Set Up an Entertainment Business in Malaysia
Industry Guide on How To Set Up a Software Development Business in Malaysia
We have always heard of the term ‘software development’, but how many of us really know what it is about? Software development refers to a group of computer science tasks involved in developing, deploying, and maintaining software. Did you know that a business opportunity awaits you to pursue? Let us tell you how and why! … Continue reading Industry Guide on How To Set Up a Software Development Business in Malaysia