ehem..ehem

Oh Great...

I miss you too.

Then what should i do?

I'm soo gullible

Wassalamu..

POOR FINANCIAL CONTROL

Sound management is the key to a small company's success, and effective managers realize that any successful business venture requires proper financial control. The margin for error in managing finances is especially small for most small business. Two financial pitfalls are common in small business: under capitalization and lax customer credit policies.

Lack of Capital. Many small business owners make the mistake of beginning their business on a "shoestring", which is fatal error. Entrepreneurs tend to be overly optimistic and often misjudge the financial requirements of going into business. As a result, they start off undercapitalized and can never seem to catch up financially as their companies consume increasing amounts of cash to fuel their growth. "A little bit of cash is a dangerous thing" says one consultant

Lack Customer Credit. The pressure for a small business to sell on credit is intense. Some managers see an opportunity to gain a competitive edge over rivals by granting credit; others feel forced to keep up with competitors who already offer their customers credit sales. Whatever the case, the small business owner must control credit sales carefully as failure to do so can devastate a small company's financial health. Poor credit and collection practices are common to many small business bankruptcies.

Effective Small Business Management fifth edition

study2...

Lets educate who ever read this blog..sometimes we have to gain our knowledge by reading..see!, i post the idea of business for u guys. Not just for the sake of reading, try to implement it..thanks.

HOW TO AVOID BECOMING JUST ANOTHER FAILURE STATISTIC.

One of the reasons the small business failure rate is so high that too many people launch their companies without being prepared to endure the fires of entrepreneurship. They simply have no thought through their ideas, their business concepts, their strategies - even their product and services. Plunging headfirst into entrepreneurship ill prepared for the long,arduous journey that lies ahead is a sure-fire formula for failure. Although no checklist can guarantee business success,considering the following questions may prevent impatient entrepreneurs from going into business before they are ready:

Will anyone be willing to pay Real Money for the product or service you are planning to offer? Can you prove it?
Do you have the management skills you'll need to run a business successfully?
Do you know your strengths?Weaknesses?
Can you handle the risk involved?
Do you understand what it takes to succeed in your chosen industry?
Do you know what factors are important to your customers and how to sell to the customer?
Do you have positive, winning attitude?
Do you have enough start-up capital to get the business going and to keep it going until it can support itself?
Do you have a plan for managing cash flow, the lifeblood of every business?
Can you manage people effectively?
Do you have a well-defined strategy?
Do you know how to compete successfully?

Experienced entrepreneurs who have learned what it takes to make a business work-some by failing, some by succeeding- offer the following advice:

Learn everything you can about your proposed business and your industry.
Realize that starting a business always takes more money and more time than you anticipate.
Choose an appropriate location for your business: don't rent the first suitable building.
Study your competitors-especially the successful ones-carefully.
Decide what image you want to create for your company and its product or service and develop a workable strategy for achieving it.
Learn to manage cash flow.
Learn to manage inventory. Too much or too little of it can drive you out of business fast.
Hire good people. They determine the quality of your product and service and hence, the quality of your business.
Don't try to be everything to everybody. Find a specific target market and focus on serving it.
Learn to read your financial statements. They can give you valuable insight into your company's strengths, weaknesses, problems and opportunity ties if you know that to look for.
Focus on your customers. Find innovative ways to serve them and stay in close contact with them.
Don't forget to advertise; otherwise people will forget about your business.
Build a business plan before you launch your company. Once you're in business, keep it updated and use it to help guide your company.
Concentrate on quality, speed and service. Your customers will love you.
Find out what factors are most important to your company's success and measure them. If you don't measure something, you can't manage it.
Treat your employees with respect. They truly are are your most important asset.
Watch out for ethical pitfalls. They lurk in even the most mundane situations.
Take pride in your business. You'll work hard to build it up!

If you're interested in learning some of the details behind this advice, read on!

Taken and credit to Effective Small Business Management Fifth Edition by Norman M.Scarborough and Thomas W.Zimmerer.

Wait for the next post!!Thanks....

Krisis Aidilfitri, buat yang baru mencari rezeki

Aidilfitri sudah semakin hampir, sama seperti tahun-tahun yang sebelumnya...menjelang saja raya, mesti ada masalah apabila aku nak apply cuti..
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Bos : Eddie, I tak boleh bagi u cuti, I hanya boleh bagi from Friday, Saturday and Sunday

Gua: Eh?itu bukan cuti wajib ke?kalau tak apply pun memang saya akan cuti.

Bos: I nak at least ade someone in our department on Thursday, tak nak nampak department kita ni empty. Kan i dah bagitahu aritu, u have to talk and discuss this matter with your team mate. (I'm not gonna be your scapegoat with your idea. Aku memang tak suka pada idea-idea yang mengipas orang atasan.)

Gua: Don't you think when raya time, we have to go back to our family?It's ridiculus!

Bos: You know what, I'm not gonna sign your leave.

Gua: (Who ask you to sign that, you asshole)
Saya tak tahu la, yang saya tahu, Khamis saya tak akan kerja.

Pastu gua bla ke konti..who cares~.....are you retarded? malam raya baru nak balik kampung? Whose gonna helps my mom....Buang kerja pon buang la..Talk to the hand loser.

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Aku: Aku tak dapat cuti raya, Khamis baru balik

Abg Aku: Kepala hotak kau, dah la masa puasa kau busy dengan kerja, kampung pun kau tak pernah balik...fikir la sikit.

Aku: tu la..aku tak kira, aku plan nak ponteng, kalau "terkena" jugak..buang kerja pun buang la..bukan company ni pun yang kasi rezeki. Allah yang kasi rezeki.
Kau pulak balik raya kat rumah wife ko kan?...kesian Mak, tak ada orang nak bantu nanti..

Abg aku:.Tu la....Kalau tak boleh sangat, kau berhenti je, gaji kau pun bukan membantu sangat pun. (shit kutuk gaji aku..tak gune punya abg...)

Aku: mmm...tu la..

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Aku pernah bekerja dengan LEO BURNETT WORLDWIDE, tak ada la masalah camni. Lebih la pulak LB ni international company. Company sekarang ni pun nak survive pun hidup segan mati tak mahu, gaji pun cukup-cukup makan. Tapi nak demand lebih-lebih. And i don't feel any success in this area.

Jangan tanya la aku soalan yang terlalu mudah untuk aku jawab seperti :::
Antara kerja dan keluarga mana yang kau pilih?:::: mesti la family, kerja boleh cari lain, family tu je la satu.

Whatever happen, Mak..anak mak ini akan balik sehari sebelum raya ok, kita akan masak ketupat sama-sama seperti raya-raya sebelum ini, dan kita akan teruskan tradisi ini selama-lamanya. Don't worry Mak, I love you so much.