Bruneian Life Coach

It is rare for me to read up about a Bruneian who had left Brunei and lived overseas and make something out of their life. Hope to see more of them. Unfortunately it seems that these individuals often find that they are valued more elsewhere and they stay there. Talk about Brain Drain. We need to keep this people here in Brunei, but if the country is not ready for them then it is our lost.
http://www.bt.com.bn/features/2011/08/06/life-coach-brisbane

additionally, she is conducting a talk on essence of sales. check out the facebook invite at http://www.facebook.com/event.php?eid=198431946880567

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Changes in Tax rate

http://www.mof.gov.bn/attachments/article/223/Siaran%20Akhbar%20Perubahan%20Kadar-Kadar%20Cukai%20(Eng).pdf

In this amendment there are a few changes to customs and excise rates. to be honest I never knew the different between customs duty and excise tax, I thought they come hand in hand. apparently there is a distinction.

Summary:

  • reduction of import and excise duites, to improve industry, t
  • increase price of sugary drinks
  • increase in price of plastics to promote¬†recycling
  • increase in tax rates for mobile phones, leather and fur skin products, video games.
  • assitance for mothers in terms of disposable diapers and breast pumps.

 

Use of card surcharges can be considered fraudelent practices

http://www.bt.com.bn/business-national/2014/03/13/retailers-warned-passing-credit-card-surcharges-customers
To my understanding (someone please confirm), the surcharge is because the shops dont get the minimum sales through cards.
But the irony is, if they have a surcharge or minimum purchase, that would discourage people using cards. So the solution is IF their sales doesn’t reach the minimum in the first place then don’t bother getting the machine, and when you do, teach the cashier to ask cash or card to promote use of cards, even give a discount if necessary. That’s why the banks promote discounts using their cards.
Even small items by several people will add up. My last year lost wallet incident has made me prefer to lose my card rather than my cash, and therefore I would like to use my card more.
The added benefit of accepting cards for a company, is the less risk of the employee stealing the cash. They might steal the card info, but that is a problem relatively traced and fixed. For the employee, no hassle of cash and coins.

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In conclusion,
-Use card accepting machine if and only if your sales reach the minimum requirement,
-When you do accept cards, on order to reach the minimum sales promote the use of cards through discounts, or promotional items.
-Train the sales/cashier to promote the use of cards.
-Don’t use tactics that will scare customers from using their cards, e.g. surcharges and minimum payments.

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

Update: 2017-04-17

As of 2016 all the grants from bedb and mipr microload from mipr is no more, i will do an updated info blog soon.
Generally mentioning the microgrants still available, and the new sme loans from dare and bibd.

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

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.

 

A course on being a distributor for Chinese Products

A lot of the products we buy nowadays are mostly made in china, from clothing, to computers, and now even cars. I found it interesting that someone created a course on how to be a a distributor of chinese products. the course is entitled “Program Lawatan Sambil Memborong ke China” from the website http://kursusmemborongdichina.blogspot.com/which involves a trip to china and meeting suppliers.

I guess if anyone interested to become a distributor should join the course. Get more information by going to the link mentioned above.

(Note: I am not being paid for directing traffic to this site)