Syarikat Ong’s Post

Attention … all SME Business Owners in Malaysia! Are you currently facing the following challenges? 1. Can't secure the capital you need to grow? 2. Feeling stress with fluctuating cash flow? 3. Business is hardly making any profit? 4. Struggling to acquire, develop and retain the good talent to take your business to the next level? 5. Feeling overwhelmed by competitive industry players in your market? 6. Unable to operate your business to its full potential? 7. Confused by complex regulations and compliance issues hindering your growth? You're not alone. Many Malaysian SMEs struggle with these issues. But what if you could overcome them and become an industry leader? Discover how more than 8000 Businesses from 20 Sectors transformed themselves, stay competitive in their market and financially sustainable with efficient internal business management systems through our tested and measured strategies and methodologies. ABA Malaysia's Business Transformation Campaign 2024 is here to help! Register for FREE today! https://bit.ly/ABABTC2024

Exploring the China +1 Strategy: A Strategic Move for SMEs in Asia As global market dynamics evolve, the strategic need for small and medium-sized enterprises (SMEs) to diversify their operations is nothing new but has never been more crucial at this point in time as well. The China +1 Strategy is gaining momentum, urging businesses to explore alternative locations in Asia, such as ASEAN countries and India, alongside their existing operations in China. This approach not only mitigates risks but also capitalizes on the growing opportunities within these emerging markets. Why ASEAN and India? 1. Strategic Diversification: The China +1 Strategy allows SMEs to reduce dependency on a single market, thereby spreading risk and ensuring business continuity amidst geopolitical uncertainties. 2. Access to Emerging Markets: ASEAN countries and India are among the fastest-growing economies in the world. With increasing consumer bases and expanding middle classes, these regions offer vast potential for market expansion. 3. Competitive Costs: Many ASEAN countries and India provide competitive labor costs, coupled with improving infrastructure and business-friendly environments, making them attractive for investment. 4. Trade Agreements: Several ASEAN countries have beneficial trade agreements within the region and with major global economies, facilitating easier access to international markets. GBP INTERNATIONAL: Your Trusted Partner in the China +1 Strategy For over 25 years, GBP INTERNATIONAL has been a trusted partner for Mittelstand companies, guiding them through the complexities of international expansion and helping them leverage the benefits of the China +1 Strategy. Our expertise in the Asian markets, coupled with our deep understanding of the unique needs of SMEs, positions us as the ideal partner in this strategic journey. - Comprehensive Market Analysis: We provide in-depth market research and analysis to identify the most suitable locations for diversification. - Strategic Planning: Our team assists in crafting tailored strategies that align with your business goals and operational capabilities. - Local Network: With a robust network of local partners and stakeholders, we ensure smooth market entry and operational setup. - Risk Management: We help you navigate regulatory landscapes, mitigate risks, and ensure compliance with local laws and standards. Join the ranks of successful Mittelstand companies who have already benefited from the China +1 Strategy with GBP INTERNATIONAL by their side. Let’s explore new horizons and unlock the immense potential of ASEAN and India together. Learn more about how the China +1 Strategy can transform your business. Interested? Visit our website www.gbp-international.com or contact us directly. hashtag #ChinaPlusOne hashtag #SME hashtag #ASEAN hashtag #India hashtag #InternationalBusiness hashtag #GBPINTERNATIONAL hashtag #MarketExpansion hashtag #BusinessStrategy hashtag #Mittelstand

🔦 Read our latest guide – ‘Spotlight On: International Expansion for SMEs’ here! - https://lnkd.in/eWHAf2QU 📖 Take a read of our spotlight report for this month, in this guide we’ll explore how SMEs can expand internationally while managing risks and maximising potential. As the world becomes increasingly interconnected, more SMEs are considering international expansion as a growth strategy. While this presents exciting opportunities, it also comes with its own set of challenges. 🗣 As always, we hope that you find this information useful, and if you have any questions about anything mentioned then don't hesitate to get in touch today and speak to one of our team! - https://lnkd.in/gWATxCFR #reports #SMEs #Growth #International

MALAYSIA has emerged as the most significant country within Asean for businesses to venture into, as shown by the UOB Business Outlook Study 2024 (SMEs & Large Enterprises).

MALAYSIA has emerged as the most significant country within Asean for businesses to venture into, as shown by the UOB Business Outlook Study 2024 (SMEs & Large Enterprises).

🚀 Business Insights: Malaysia's Business Landscape 🌟 Did you know that as of 31st July 2024, Malaysia recorded 677,351 active companies (about 43.3% of the total registered companies), according to the Companies Commission of Malaysia (SSM)? This highlights Malaysia's dynamic business environment but also uncovers some challenges. 📊 💡 Key Observations: 1. Even with consistent company registrations, there are still concerns about survivability after the first five years. The average five-year survival rate for companies between 2017 and 2022 was 66.1%, meaning that almost one in three of them shut down during this time. 2. With a survival percentage of 70.2%, industries like construction—showed greater resilience, while others—like services—had more serious difficulties. 🛠️ Why This Matters: Understanding these trends underscores the critical need for conducting thorough due diligence. With nearly 1 in 3 businesses ceasing operations within five years, investors, creditors, and stakeholders must carefully assess a company's financial health, operational stability, and industry position before committing resources. Due diligence helps identify potential risks such as economic vulnerabilities, competitive pressures, or funding gaps, enabling informed decisions that mitigate exposure to failures. By prioritizing robust due diligence, stakeholders can contribute to fostering a more resilient and sustainable business ecosystem. 🔍 🔍 Are you an entrepreneur, investor, or stakeholder in Malaysia's business sector? What steps do you take to assess business resilience and sustainability before making decisions? Let’s exchange insights and ideas to strengthen Malaysia’s business ecosystem! 💬 #BusinessGrowth #MalaysiaEconomy #Entrepreneurship #Insights #SSM #DOSM #CreditScanMalaysia #BusinessInsights #DueDiligence 👉 Learn more about Due Diligence Solution by CreditScan—www.creditscan.com.my

Exploring the China +1 Strategy: A Strategic Move for SMEs in Asia As global market dynamics evolve, the strategic need for small and medium-sized enterprises (SMEs) to diversify their operations is nothing new but has never been more crucial at this point in time as well. The China +1 Strategy is gaining momentum, urging businesses to explore alternative locations in Asia, such as ASEAN countries and India, alongside their existing operations in China. This approach not only mitigates risks but also capitalizes on the growing opportunities within these emerging markets. Why ASEAN and India? 1. Strategic Diversification: The China +1 Strategy allows SMEs to reduce dependency on a single market, thereby spreading risk and ensuring business continuity amidst geopolitical uncertainties. 2. Access to Emerging Markets: ASEAN countries and India are among the fastest-growing economies in the world. With increasing consumer bases and expanding middle classes, these regions offer vast potential for market expansion. 3. Competitive Costs: Many ASEAN countries and India provide competitive labor costs, coupled with improving infrastructure and business-friendly environments, making them attractive for investment. 4. Trade Agreements: Several ASEAN countries have beneficial trade agreements within the region and with major global economies, facilitating easier access to international markets. GBP INTERNATIONAL: Your Trusted Partner in the China +1 Strategy For over 25 years, GBP INTERNATIONAL has been a trusted partner for Mittelstand companies, guiding them through the complexities of international expansion and helping them leverage the benefits of the China +1 Strategy. Our expertise in the Asian markets, coupled with our deep understanding of the unique needs of SMEs, positions us as the ideal partner in this strategic journey. - Comprehensive Market Analysis: We provide in-depth market research and analysis to identify the most suitable locations for diversification. - Strategic Planning: Our team assists in crafting tailored strategies that align with your business goals and operational capabilities. - Local Network: With a robust network of local partners and stakeholders, we ensure smooth market entry and operational setup. - Risk Management: We help you navigate regulatory landscapes, mitigate risks, and ensure compliance with local laws and standards. Join the ranks of successful Mittelstand companies who have already benefited from the China +1 Strategy with GBP INTERNATIONAL by their side. Let’s explore new horizons and unlock the immense potential of ASEAN and India together. Learn more about how the China +1 Strategy can transform your business. Interested? Visit our website www.gbp-international.com or contact us directly. #ChinaPlusOne #SME #ASEAN #India #InternationalBusiness #GBPINTERNATIONAL #MarketExpansion #BusinessStrategy #Mittelstand

Are these challenges holding your business back? 🚨 Discover if it’s time to consider incorporation services for smoother operations and a stronger foundation in Singapore. Visit jwc.com.sg to explore how we can help! #BusinessIncorporation #SingaporeBusiness #CompanyGrowth #IncorporationServices #JWCConsultancy #BusinessSuccess #SMESupport #BusinessSolutions #SingaporeEntrepreneurs #CorporateCompliance

Is Thailand's business optimism a beacon of success or a veil over deeper challenges? Explore the insights and implications in the Grant Thornton Thailand press release on the Q1 2024 International Business Report.