This is section 5 of our “How to start a business in Malaysia guide” and is also an excerpt of our free ebook. Download this guide as an ebook here.
Section 1: Start-up Capital
Section 2: Company Setup
Section 3: Office Setup
Section 4: Human Resources
Section 5: Software & Applications
Section 6: Website & E-Commerce
Section 7: Shipping & Logistics
Section 8: Advertising & Marketing
SOFTWARE & APPLICATIONS
BEING THE ADMIN OF YOUR COMPANY
It’s not a bad idea to handle the administrative tasks yourself for your business instead of having to hire a dedicated staff for this specific task.
Keeping the cost low comes first, remember? You’ll also get to learn the ins and outs of running a company from the backend too.
However, it is no longer a good idea anymore when you are spending more than 20% of your time handling HR and financial matters.
That’s when you know it’s time to get someone to help manage your back office, and also consider the appropriate software or tools to run your business smoother.
TWO SOFTWARE YOU NEED
With the emergence of SaaS (Software as a Service), you’ll get access to world-class software with affordable monthly fees.
It’s recommended to use a payroll software which already has integration to the local banks and automations for PERKESO, KWSP, LHDN.
An accounting software is also necessary for managing invoices and payments, it’s affordable enough for you to mess with spreadsheets.
Depending on the nature of your business, you might need to source the right CRM, ERP or POS software for your business too.