A Guide to Buying and Selling Bitcoin in Malaysia

Bitcoin is one of the currencies that were developed in 2009 by anonymous person alias Satoshi Nakamoto. The currency is not transacted via bank as it is traditionally done in other currencies. Instead, it is transacted through middlemen. Trading in this currency does not require your real name and there are no fees to be paid. However, one can use bitcoins to purchase products such as pizza, and services such as webhosting and manicures. The currency is becoming popular and more traders are starting to accept them.

Advantages of Using Bitcoins

With bit coins, one can buy merchandise incognito. Also, bitcoins are not attached to any country and is not subjected to regulations from any central bank. However, the currency can be used to make international payment easily and cheaply. It is an ideal currency for small businesses since no fees is charged as it is with credit cards. However, there are several people who have exchange bitcoins as a form of investment and are hoping that soon, the currency will appreciate in value.

How One Can Acquire Bitcoins

Bitcoin exchanges are markets where people can buy and sell bitcoins using various currencies. One of the leading bit coin exchanges is Mt.Gox.
In the past, it has been really difficult to obtain bitcoins in Malaysia. However, things are getting better and the process is now becoming easier because several new exchanges were opened in 2014. This article looks at the 3 leading places where you can buy bitcoins in Malaysia.

1. BitX Malaysia

BitX is one of the exchanges that made a late entry in the bitcoin market but has demonstrated that it is a better exchange. It targets both the emerging and established markets in African countries such as Kenya, South Africa and Namibia. BitX Malaysia has its headquarters in Singapore. In 2014 alone, the exchange was able to raise $1million in seed funding in partnership with development teams in South Africa. BitX is headed by Colbert Low who is also its founder.

2. btc.my

Arsyan Ismail is a founder of cryptomarket and the leader of btc. my. He owns a number of companies including 1337 tech sdn, Bhd. Arsyan btc and btc.my. He is a top bitcoin trader in Malaysia and has involved himself in a number of bitcoin activities such as bitcoin scratch card, and the Malaysian based bitcoin bill payment system and point of sales terminal. One of his top clients is is Nasi Dagang Capital located in Damansara uptown. As far as Arsyana is concerned, the biggest hurdle is that most people find it extremely difficult to accept bitcoins because they do not understand the bitcoin concept.

3 Localbitoins.com
This is a marketplace that brings together sellers and buyers of bitcoin. The sellers and buyers meet in person or online to trade bitcoins. They don’t operate as an exchange but it is a platform that helps people to buy bitcoins. One can buy his bitcoins without going through the traditional know-your –customer (KYC) procedures as required by most of exchanges. It is an important place that allows people to buy bitcoins. Even though, one must exercise caution and buy bitcoins from traders who have good reviews because trading on localbitcoins is considered unsafe.

This post has briefly reviewed the top websites in Malaysia where one can buy bit coins. Other than these exchanges, it is hoped that additional exchanges will be open in Malaysia to facilitate trading in bitcoins.

Five Elements Of A Good Business Plan For A Restaurant

Launching a restaurant requires a lot of hard work but this is also an incredibly satisfying way to earn a living if you are passionate about what you do. It is crucial to put together a solid business plan before you get started on this journey. Here are five elements that should be present in your business plan to improve your chances of succeeding.

Mission and objectives

This is a crucial element of your business plan because it defines the identity of your brand and states your purpose as a business owner. Ask yourself what kind of restaurant you would like to run and where you see your business going in five years from now. You could for instance make launching a franchise one of your priorities or focus on offering an optimal dining experience in a small and cozy setting.

Summary of funding and assets

The purpose of this summary is to show what you have so far and what you still need to acquire in order to launch a successful business. You should list the different sources of funding you have secured as well as the amount available for funding. List all the assets you have acquired so far and create a separate list for the assets you still need to purchase.

Expenses

This section of your restaurant business plan is about listing all the recurring expenses you will have to meet. This includes rent, utilities, salaries and of course produce. It is important to accurately calculate how much you will have to spend on monthly recurring expenses and pay your suppliers since these expenses will determine how much you need to earn in order to turn a profit.

Pricing and profits

Pricing is about figuring out what you will charge for the food and services you offer. Pricing should be calculated in function of how much you will have to earn in order to operate your restaurant. You should also include some estimates for the profit you will turn in. This section of your business plan should also include some strategies you could use if you are not generating a profit, for instance lowering your prices to increase volume or raising your profits to earn more for each patron.

Market analysis

As a restaurant owner, you will be in direct competition with other establishments in the area. These other restaurants might be more affordable and more people will be familiar with these establishments. Identify who your main competitors will be, in function of how close they are to your restaurant and the type of food they serve. Identify the strategies you can use to beat the competition, including pricing, offering something other restaurants do not have and using marketing to draw attention to your restaurant.

There are many other elements that need to be included in the business plan for your restaurant. Look at the samples of business plans used by restaurant owners to get a better idea of how to put together a solid business plan.

This Is Where You Can Get A Heineken Neon Sign

Attractive and exciting decor is one of the best ways to increase your drinking establishment’s profits. Even if you don’t own a business, then you too can still benefit from having a few neon signs, which will look great in your man cave. Believe it or not, but neon signs are probably more affordable then you think, and you will be pleased to now that they are pretty easy to get, like ordering online from Neonstation.
Heineken neon sign
Also, it’s worth mentioning that neon signs don’t have to be created by a professional sign maker in order to use it for decorating purposes. However, if you run a business, then you should consider getting a custom made sign, but the choice is completely up to you. The important thing is to remember that there are plenty of ways to find affordable neon signs, which is good news for you.

If you want to enhance your bar area or even the area where people eat, then you have plenty of neon signs that you can buy, and these signs will allow you to promote various types of beers, such as Heineken. In matter of fact, this brand is one of the most recognizable brands in the world, and this is why a lot of people wonder if restaurants serve it or not. If you want to show people you serve this drink, then get a Heineken neon sign.

However, you might be wanting to get a neon sign for your man cave, and the good news is that you can still get a great deal on Heineken neon signs. Actually, there are many people who collect the signs. If you love this brand, then you will be pleased to know that there are many signs you can get, so feel free to pick a few and add them to your collection.
Heineken sign
You should go online to search for signs, but remember that basic signs can easily be found on sites such as eBay, and these basic signs tend to be very affordable. However, if you are looking for a professional sign, then search for professional sign makers. They will be able to create a great looking sign for you.

One of the best things about sign makers is that they usually have catalogs you can look at and then you can pre-order signs. Don’t worry about prices though, as there are plenty of custom sign makers that offer services at mid-range prices. Also, it is a good idea to check major retailers because they may have some signs for sale too.

Another thing you will want to do is compare companies that make signs, as well as read reviews. This can help you figure out what companies are good and whether or not they offer discounts and things of that nature. The more comparisons you do, the better off you will be.
neon sign
Finally, it is important that a company have a return policy. With that said, if you keep all of the above info in mind, then you have have a great looking sign in no time. You will love having a Heineken sign and so will your customers and friends.