The idea of digital money isn’t new. Many Singaporeans already pay, receive and transfer money digitally via apps like GrabPay and banking services like PayNow. Some of us hardly bother to carry cash around anymore. But with cryptocurrencies like Bitcoin and Ethereum becoming a global phenomenon over the past two years, governments around the world […]
In Singapore’s Budget 2022 statement, Minister Lawrence Wong detailed that Singaporeans will see higher expenditure linked to rising costs of healthcare, and underscored the need to guide Singapore towards a carbon-neutral and high-tech world. He put forth the case for higher taxes but also offered relief measures. For businesses, Covid-19 packages will be scaled back […]
If you take a look around you, there is plenty to learn from companies who have succeeded or flopped. Giants like Starbucks and Coke, and startups that have made it big like Grab, all provide critical learning points for every entrepreneur.That pivotal point for every business resides in the moment you decide to scale up. […]
Does having a positive cash flow mean that your company is profitable? No, not necessarily. A company’s long-term cash inflows must exceed its long-term cash outflows in order for the company to be in the positive, and this is something that an inexperienced entrepreneur could overlook. Problems start arising when a company cannot meet its commitments […]
Businesses need cash to survive and grow.In the initial stages, an enterprise eats up cash at a rapid pace without generating any returns. It is essential that during this period a firm should have an adequate financial cushion so that it can survive till it starts generating revenue. Continue Reading
Are you ready to bring your company to the next phase of growth?Singapore is known to provide one of the best environments in the world for businesses, and there are not just grants to help start-ups, but Small and Medium Enterprise (SME) as well. Continue Reading
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