Business In Malaysia. Every month, there are at least 33,000 people searching on Google with this term. A lot of people are looking to start up a business in Malaysia. More than 1000 people is searching in any particular day.
What business can one look for or start in Malaysia?
Well, the advantage of living in a peace and stable country is simply that business opportunities are in abundance. Just do a search on the exact term – “Business Opportunity In Malaysia” (with the quotes included). You’ll find about 20,000 sites optimized for the term itself. Quite competitive if you are trying to work your way into this market today.
Following are some of the many types of businesses readily available for you in Malaysia:
- Franchise – Malaysia is practically a franchise haven. Just name it, McDonald’s, Burger King, Kentucky Fried Chicken, A&W, Kenny Rogers and many more international franchises are available. Should you have the capital to start any of them, you can do so. Of course, you also have the option to go for locally developed franchises like Secret Recipe, Laksa Shack, Otai Burger, 1901 and many more.
- MLM – Just like franchises, the MLM industry is also booming in Malaysia. Amway, Usana, Shaklee, Herbalife, and 4Life are among the international companies currently operating in Malaysia. Among the Malaysian born MLM companies are Cosway, eCosway, WorldWellness Network, Hai-O and K-Link. The MLM industry, despite all its negative perception, is certainly among the best industry to start a business in. It’s the best platform for new comers to learn all they need to know about running a business, without the actual risk associated with running an actual business.
- Retail – Starting a retail business means you will be selling products to consumers directly and in small quantities. In most cases, you would need a store front to load up your products in. The success of a retail business with a store front will be determined by the amount of foot traffic at the store location. If retail business is to your liking, then you might want to check out the Free Store Program.
- Online – Online business is the trend today. Today, no businesses can make it big without an online presence. You can of course opt to have your business presence only on the net. Yes, it is possible to run solely online. As a matter of fact, I know of quite a number of retailers who decided to close down their physical store front and operate solely on the Internet.
So,if you want to Be Your Own Boss
and thinking about starting up in a business venture, you certainly have a lot of options to choose from. No matter which you end up choosing, the most important thing you have to do before starting up is to do a thorough market research and study.
You probably have seen this number mentioned all over the Internet. 90% business fail in the first three years or so. Well, I don’t really know where they got that number from. Don’t be afraid of that number. The fact is this, you stand the best chance of surviving and becoming successful in your business if you do the market research thoroughly.
Once you’ve done the research, build up your business plan and act on them.
Business Opportunity In Malaysia – Providing you with at least one business opportunity every week.