LIVIVA Hall of Fame - LTA Iron Works Sdn Bhd
As the saying goes “It is easy to open a shop but hard to keep it always open”. Keeping a company for more than 20 years is not an easy job. How the Managing Director of LTA Iron Works Sdn Bhd actually did it at the same time keep his company growing?
The ‘Besi Boy’
Mr. Maiyan, the Managing Director of LTA Iron Works Sdn Bhd, has more than three decades of experience in iron industry. After finished study, he joined his first company and started his career as a ‘Besi Boy’. As more experience gained, he decided to start his own business in year 1997.
Woman behind the man
There is a woman behind every successful man. Mr Maiyan claimed that his success cannot be separate from the contribution and support from his wife, Ms Thilagavathy. His wife joined the business after marry and help him to manage on daily operation. Hence, he can focus on growing the business.
Old Workshop Environment
Struggling with business
However, there was always an issue troubling them. Although the company has established for more than 20 years, they were still renting their workshop and the space is very limited. Due to this issue, they have no choice but to give up on some projects and hence slow down their business growth. Mr Maiyan was thought of buying a larger size of factory but he worried on their business cash flows issue and it stopped him several times.
New Factory with Larger Space
Keep learning and brave to take action
As time passed, they were looking for solution to resolve it. Last year, they get to know about business financing planning strategy and understand how it can help them. They started to implement the strategy of Business Estate Ownership by leveraging on governmental scheme which solved his worries and concerns. They have successfully bought their dream factory without affecting his business cash flows.
Enjoy the fruit
Mr. Maiyan also revealed that they are having greater capacity now and can cope for more projects. They have also been awarded with more projects in nationwide as their customers have more confidence with them.
LTA is now offering a Special Promotion Price for you!
To entitle for this promotion, please following the steps below:
2. Tag 3 of your friends
*This promotion is valid until 31/12/2019. Please act fast to contact Mr Maiyan @ 019-268 9645