SME Guidebook by BEDB

LiveWIRE had a speaker from BruIPO sharing about intellectual property, but he also shared about sources of funding from BEDB. I know they actually produced the following brochure, but I didn’t know they made it available online. So here it is.

or download from the source at http://www.bedb.com.bn/documents/sme/BEDB.SME.Guide.Book(2012).pdf

 

Social Entrepreneurs and Social Enterpises

I attended a talk organized by Women’s Business Council and sponsored by BEDB hosted at iCentre for the whole week this week. The topic was Social Enterprise, which was facilitated by Chris Hill.

I have had heard of the term before, when I heard it first I had assumed that it simply meant any enterprise that contributes to social and economic development. Which in a way is any enterprise, considering that any enterprise actually provides value in terms of products and services to the community, as well as employment.

Attending the workshop I had a deeper insight into social enterprise and learned a lot more. Among what I learned include the definition of social entrepreneurs and social entrepreneurs, understanding the legal structures affecting social enterprises, measurement for the impact of social enterprises on society and the economy, sources of funding as well refining the definition of social enterprises for Brunei Darussalam.

The speaker held a similar workshop in November 2011 in Brunei. Since then a few development has happened. As it even the SUT of the Ministry Culture youth and sport mentioned in The LiveWIRE Brunei Business Awards Laucnhing. It is hoped that this workshop will bring more changes in bringing Social Enterpises more recognition and develop more social enterprises that can benefit Brunei.

Latest Brunei Statistics Year Book

I was conducting a course on writing a business plan recently, and covering the topics of Market Research and Marketing strategy.

Whilst I was looking up online about brunei statistics, I stumbled upon the Brunei Darussalam Statistic Year Book 2010 at the JPKE Website at http://www.depd.gov.bn/SI/BDSYB2010/BDSYB%202010.pdf

I decided to download it and upload it to scribd to be able to show on this site directly.

 

Brunei Darussalam Statistics Year Book 2010

Online Tool to turn a picture text to editable text

I recently needed to edit a file. I could only find the picture format. There was a lot of text to by retyped.. So I was a bit exasperated thinking of the task at hand. Then I realize, computers are smart, there are tools that can do this. But I didn’t want the hassle of downloading and installing an app. So I searched for Optical Character Recognition (OCR) apps online. and I found one and used it. It saved me a lot of effort and time.

http://www.onlineocr.net/default.aspx

The Essence of Sales

There is a workshop on Sales in the fasting month. The following are the details.

Workshop Title: The Essence of Sales

Date: 14th August 2011
Time: 8:30am – 5:00pm
Place: LiveWIRE Centre, Development Unit, No 42, 1st Floor, BT-Hj Uthman Complex Spg 13, Jalan Lapangan Terbang Antarabangsa Kg Jaya Setia, Mukim Berakas A Brunei Darussalam BB 2513.

Facebook invite: http://www.facebook.com/event.php?eid=198431946880567

This workshop doesn’t focus on sales strategy or techniques, instead focuses on the sales persons as an individual to see their relationship with their selling, to identify the blocks, and to find their reason to achieve sales. The facilitator is a Bruneian who has spent the last few several years overseas doing business and Sales. She was interviewed by Brunei Times about the course recently. http://www.bt.com.bn/business-national/2011/08/02/natural-way-sell. The facilitator is only back in Brunei for the fasting month, which then she will return to australia.

The one day course is priced at $415 per person, with an early bird price of rate of $347 per person.

In my opinion. Most Bruneians would find the the cost too pricy, But workshops like these held in singapore, malaysia, US, UK or australia would cost thousands. People who do sales like car dealers, insurance agents, real estate agents, direct sales and MLM distributors will definitely benefit from this course. The sales techniques and strategies are there, they are available from books, internet or some workshops. But for most sales people, it is more of an internal resistance in doing the sale. That is what this workshop helps the salesperson deal with.

 

Prices of Cars in Brunei Showrooms

I’ve noticed that in car show rooms, there’s often a letter on the dashboard of the cars displayed about the price. I had only vaguely notice that it was “approved” by the Department of Economic Planning and Development (Jabatan Perancangan dan Kemajuan Ekonomi). I had recently found a list of the approved cars on their website.

It’s cool, now I don’t have to go from dealer to dealer finding the price of 1st hand cars. I’ll go check the price online, and see what the dealer has to offer. But then, I’m not in the market to  buy cars yet. are you?

This is the link to the website – http://www.depd.gov.bn/projects/control/car/Car%20Price%20Q%202010.html

Brunei’s Marriage Statistics

I was reading some business plans at livewire, and found one about wedding planner, they had reference an interesting statistics on Muslim Marriage in Brunei. The statistic is available online at http://www.mms.gov.bn/malay/images/stories/pdf/PPPR/stat_pppr_2001_2010.pdf
below is a copy of it on this website.
stat_pppr_2001_2010 – Marriage by year vs District
Now looking at the statistic, there is an annual average of 2000 marriages per year, where about 75% of them occur in the Brunei-Muara District.
I found this statistic interesting, because it reflects on the Wedding Industry.
That means that for an annual of 2000 weddings per year,
there are about 2000/50=40 weddings per week.
or about 2000/12=160 per month
So for wedding related businesses this seems to be a small market.
Business such as photographers, caterers, Pelamin providers, etc can only do at maximum 1 per week or 4 times a month. that means there’s only market for 40 wedding service providers in Brunei. 80 if they all work at 50% capacity (or only twice a month), or 160 if they only do once a month.

I haven’t done a research on the actual number of the wedding service providers, but it does seem that Brunei has more supplier than demand in the wedding industry. This is probably why good wedding photographers charge high. Amateur photographers who charge less will push themselves out of the market as they may not be able to sustain themselves. Of course this is assuming that the photographers only cater to the local market and do not spread over outside of Brunei.

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