Running a Travel Business? Here’s How to Get Licensed with MOTAC! ✈️

Starting a travel agency in Malaysia requires proper registration with the Ministry of Tourism, Arts and Culture (MOTAC) to ensure compliance and legality. Follow these essential steps to obtain your travel agency license: Step 1: Register Your Company 💻Begin by registering your company with the Companies Commission of Malaysia (SSM). Your company name should reflect… Continue reading Running a Travel Business? Here’s How to Get Licensed with MOTAC! ✈️

Setting Up a New Private Limited Company: What Should You Consider?

Doing business in Malaysia, like in many other countries, can be intricate due to various factors such as regulatory environment, taxation system, etc.   It is common for businessmen to set up a Sdn Bhd (private limited company) for running their businesses in Malaysia. However, do you know what you need to consider and carefully look… Continue reading Setting Up a New Private Limited Company: What Should You Consider?

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Winning MYHackathon 2020: Boss Boleh aims to improve the efficiency of government services

Businesses flourish with innovative ideas and effective solutions, and they don’t come from a single place. This can be proved through the events that had occurred at MYHackathon 2020, a Pelan Jana Semula Ekonomi Negara (PENJANA) programme hosted by Cradle Fund. It is an initiative aimed to address national difficulties in servicing residents.  What happens… Continue reading Winning MYHackathon 2020: Boss Boleh aims to improve the efficiency of government services

Which Business Model and Company Entity Suits You Best?

It has been nearly two years ever since the pandemic brought a significant change to how our world works. Despite the drastic economic impacts that the pandemic has brought, it has created different business opportunities for the fellow entrepreneurs out there. To implement your business ideas while generating income will be one of the great… Continue reading Which Business Model and Company Entity Suits You Best?

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Different ways to get Funding, and their Pros & Cons

It might cost hundreds of ringgits to millions of ringgits to launch a business. What if you require money to support bigger company endeavours or get through challenging times during regular operations? You might need to consider the cost of marketing, hiring staff, purchasing equipment, or registering your business.  The best part is that you… Continue reading Different ways to get Funding, and their Pros & Cons

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Proven Business Models That Ensure Success

Maxis Business Spark series, Let’s Talk invites business owners from various industries to share, discuss and debate business strategies. Episode 4 of this series is called “Spark Let’s Talk: The Right Fit In The New Normal”, it brings two business owners with distinctly different business strategies together to uncover unique insights, perspectives as well as… Continue reading Proven Business Models That Ensure Success

Differences between Grant and Loan

Partner has made a fraud in the contract of sale and being handed a cash and pen to the businessman signing the contract corruption bribery concept.

The government can finance your ideas and initiatives through grants in order to deliver public services and boost the economy. Moreover, you will require capital to build your business in order to maximize efficiency and profitability, which is why people seek business loans. Grant and loan offers are great ways to build momentum, advance projects,… Continue reading Differences between Grant and Loan