The SME centre and the Singapore Malay Chamber of Commerce Industry work with its members in the development of their businesses. The SME centre encourages members to strengthen where they are competent, while increasing their knowledge base and enhancing internal capabilities. The centre and the chamber helps its members by promoting the development of companies, while making available opportunities through conferences, workshops, events, networking sessions and business missions.
The SME centre was created in 2006 as a one-stop-shop for the Malaysian Muslim business community. It was designed to help small and medium businesses, in the wake of a global economy, that looks to the giant businesses in the world, to provide much of the products and services. With the larger corporations taking every consumer product and service and sale, how do the smaller and medium size businesses compete? The SME centre offers a variety of business services and advice through their consultants, in helping the small to medium size businesses become a global force in the market. These include: Informative Talks and Seminars, Educational Workshops, One- to-One Complimentary Business Advisory, Productivity Assessments and more.
Informative Talks and Seminars
Most people receive their information from word of mouth. The SME Centre creates an environment where small and medium size business owners can engage with each other during the Informative Talks and Seminars where they learn about what is going on the in the rest of the world’s economy, how to start up a successful company, and how to sustain their business, while maximizing its potential. This is a more informal gathering among business people within the Malaysian Muslim community, that allows them to learn and also to voice their opinions about their companies and their plans, while getting advice on how to help their company’s grow internationally.
This is a more formal platform where small to medium size business owners, can come together to learn more about the global economy and what is new. It allows them to place their hands on the pulse, of what is going on in the business world. Understanding what is going on around you helps you to market to those who will actually buy your products and services. Educational workshops help to educate these small to medium size businessmen, while giving them an outlet to meet with others who are like them. The attendees of these Educational Workshops are other business men who are trying to grow their businesses into an economic global force.
One to One Complimentary Business Advisory
While seminars and workshops are nice to get a broader sense of a global economy, the One- to-One Complimentary Business Advisory, is essential for any business owner. Meeting with a highly skilled consultant, about the issues and growth potential within their own specific company, is an important beginning to alleviating problems that may arise in the future. Through eliminating these issues early on during a company’s development, it can maximize a company’s earning potential. By drawing a road map, it enables the small to medium business owner, to know where he has come from and know where he must go, in order to be competitive in the global market.
Business owners need Productivity Assessments, to allow them to know what their business needs to be productive. Starting with every aspect and department within their business, the small to medium business owner must meet with a consultant to develop a plan for productivity success. And when production is of a high quality and successful, then the rest of your business will also be.
If you want to know how to setup a company in Singapore. Visit ACRA – Singapore’s national regulator of business entities and public accountants.