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This is section 7 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: Business Funding
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
SHIPPING & LOGISTICS
You’ll need to be more critical of the time you spend on daily operations as you should be focusing on growing your business instead of wasting your time on minute operational details.
For example, sending documents to your clients, collecting items from your suppliers, submitting payments to the authorities, drains your time and energy and will slow the growth of your company.
It’s always better to pay for the convenience of a dispatch instead of doing it yourself even if you can save a little bit of money.
DO YOU NEED A WAREHOUSE?
If you are just starting up as an online seller, keep your costs low by storing the products at your own premise first.
When the time is right, source for a third-party warehouse or a fulfilment service providers to your business run smoother.
Understand the opportunity cost involved as you should be focusing on growing your business instead managing low-level operations.
When your business has grown enough, you’ll be looking at building your own warehouse.