“In order for a drowning man to be saved, he must first, ask for help,” Mr Liu says. Noting further that while businesses should first do what they can to help themselves, like cutting unnecessary costs, they will also require support from other sources like the local community, and the government.” Many SMEs across Singapore […]
“The government says that we can tell our landlords that we have to delay payment. If the Landlord agrees, good, if not, you either close the business or pay rent for the duration that you can’t make income.” says Mr Elvin Poh, owner of Outbar The month long Circuit Breaker measures in Singapore has hit many […]
Having first heard of the BRDGE in 2017, Ms Leong Jew Lee found it to be an interesting new asset class after some research as it presented a new way to fund many SMEs with its crowdfunding approach. This crowdfunding based alternative presented many opportunities to get themselves off the ground without bureaucratic processes preventing […]
Being a business owner for over 30 years, Mr. Desmond Aw, owner of Dreamland Production, describes the Coronavirus (COVID-19) situation as ‘disappointing’ & ‘miserable’. “I have been doing this for over 30 years, and this is the first time in my life that I am facing such a huge amount of losses. The situation is very unpredictable […]
Last week, the Singapore Government announced stricter social distancing rules that will take effect from today. The measures include closing all non-essential businesses and schools. During this period, we should do our part in breaking the chain of Coronavirus transmissions. By observing good personal hygiene and practising social distancing measures like staying at home, we […]
The Coronavirus (COVID-19) outbreak has been very much in the news, and apart from its impact on public health, is also drastically affecting the global economy. While COVID-19’s effects on business finance and investment are not nearly as high a priority as that of people’s well-being and health, it is still important for both business owners and investors to […]
Despite Singapore being one of the best places globally to start a business, running your own company still comes with a whole set of challenges.Finding capital, operational challenges and manpower problems are all part of the game. Continue Reading
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
We all know that it’s important to get a personal health insurance but do business owners know the importance of a suitable business insurance?Profits and cash flow at many small and medium (SME) firms are probably tight and they may have little spare cash and time to concern with issues outside day-to-day operations. Continue Reading
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