Keentutors update

What has been done for Keentutors since January:

- Updated business plan for potential investments and expansion.
- Timeline of business activities. (email attachments)
- Operation management system. (email attachments)
- Draft website outlook
- Privacy policy & Terms of service draft.
- Potential employees to be tele-coordinatoors and administrators.
- Allocated funds for Web programming
- Coordinated potential advertising avenues with NUS.

Things to address and do:

- Submit executive summary and enquiries to EDTF for analysis and advisory. (by 8/02/07)
- Finalize page by page contents for web programming.
- Draft contract to outsource web programming construction.
- Finalizing Marketing plans. (March)
- Setting a timetable for Future Ben and Keen activities. (March)

Market research data is required to (error-proof) the business plan and thereby obtaining increased trust from potential investors.

Enquiries to EDTF:

- How EDTF can assist besides the funding programme.
- Advise on legal issues (Privacy policy, terms of service, taxation and security or website trustworthiness); what to do and what not.
- Advise on compliance with regulations on company management
- Bank account formation (Failure to meet conditions/requirements)
- Ben and Keen plans to get private investors and hire company directors who may be ineligible for EDTF funding.
- Managing/handling investments for the project

Ben and Keen embarks on multiple projects such as:
- Importing specialized products (flowers, bouquets, spray cans) for occasions such as Valentine’s Day, Christmas, New Year, etc.
- As consultants for web design and web programming.
We are looking for web programmers to join our team.

Problems encountered with ACRA / http://www.bizfile.gov.sg/:
- Poor service
- Unfamiliar with the bizfile process.


"Mastering good habits are essentials of self-improvement, which inturn guides you to your riches" - Says Ben...

Do the thing you are afraid to do, and the fear of death is certain. If you say to yourself with perfect confidence and faith, "I'm going to master this fear," you will. - Dr. Joseph Murphy

23rd Jan

Hi,
Seems like the blog has been inactive for some times. It's already more than half way thru jan '07. Massive actions have to be carried out this year to fullfil the promise we make since we first sat in the coffee shop talking about our aspiration to control our own destiny thru entrepruneurship. Although there's some stagnancy for the past few weeks inevitably tied down by heavy work schedule, tonnes of uni assignments and.......... but nonetheless the burning desire to create something out of benandkeen can still be easily seen in anyone of us.

Let's make an update on my side...

Business
1) A week ago i have approached the jurong point management office to check out on the temporary stalls. I thinking of listing down here so that we can retrieve it from here when we need it next time.
Contact person: Anna, contact:96825828, Rental fee: $150/day min 1 week rental, availability in 1-2 weeks in advance. It's super high traffic flow there.
Bishan temporary stall same contact as above.
For permannent stall in jurong point or some other shopping malls:63837036

1) The biz regarding the promotion of sms2.0 i have turned it down after concluding that it is not feasible.

Currently tried to raise start-up fund for benandkeen. Hope to obtain a few thousands. It's a warlmart concept on importing cheap wholesale from china to sg for this valentine. And maybe to further import other items for other occasion and biz. Have put an ads in newspapers on 19th Jan. Result not as good as expected as too far away from valentine's day. But still manage to get 4 order list from florist and gift shop and some individual orders. Total order 62 bouquet. Below is the item promoting:

Bouquet of nine bears or disney characters for valentine's day ( able to say' I love you' when pressed). It breaks away from the norm of perishable roses.
http://s147.photobucket.com/albums/r313/valentine_bears/?start=20

Cost price: $10
Shipping via courier: $7
Retail out @: $39.90 per bouquet
Wholesale @: $23- $28
Delivery islandwide through my friend delivery company: $7/ trip
(but charge clients at $10)
Noel islandwide express: $10/trip
Profit margin : Appprox $20 per bouquet or $10 for wholesale.

Keentutors. About to chiong on it soon.

Personal
Currently heavily study for exams. Undergoing Napoleon hill therapy this few weeks to build up a strong mental power for success. It was the first book that these people have read that they proclaimed has marks their turning point of their lives; adam khoo, steve job, CEO of millions of entreprenuers.

For Ben,
How's the meet-up with Rubuen? And how's the D&D of NUS?

Lastly, for the new year, i wishes for a good health and happiness. And a happening benandkeen 2007!