Controlling Costs – a Way to Increased Profits

The basis of any successful business is that the income must exceed costs or expenses. Therefore, to increase your profitability level, you either increase your revenue or reduce your costs. Better yet, do a combination of BOTH. A business to be sustainable MUST deliver consistent levels of profitability as well as having a system to
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Easy Loans are Causing SMEs to Fail

Whenever I make this statement “Easy loans are causing SMEs to fail“, I would meet with a lot of resistance especially from the banking, financing, and crowdfunding industries. To them they claim they play a critical role in helping SMEs to expand and grow locally and internationally through their funding facilities. While I have no
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Is Your Business Heading for Bankruptcy?

All business owners know that cash is the lifeblood of any business. They know it so well that in most cases they take it for granted. Let me explain. Having turned around and changed the financial destiny of more than 150 SMEs in Singapore, I realised most business owners when faced with a shortage of
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