Here are the things you can do right now:
- Research Your Business Idea – to see what it looks like in the real world.
- Pick a Name – always remember that a good name is simple, memorable, easy to pronounce and spell and also reminds the customers of your business idea.
- Organise – to start to write a business plan now and it will pay off when your business is up and running.
- Identify Funding Sources – start to think about how to get the funding you need to turn all your plans into actions.
- Decide the Business Type
The common business entities available in Malaysia are as follows:
- Sole Proprietor;
- General Partnership;
- Limited Liability Partnership;
- Private Limited Company.
For foreign investors, you may consider the following common business entities:
- Private Limited Company;
- Foreign Company;
- Representative Office.
Need help? Roundtable Consultancy is here to help you to start your business. Feel free to contact us to find out more about our company incorporation services.
