You may be considering to obtain a business loan for your company at this point of time for various reasons….
When it comes to growing your business faster, extra funds are sometimes necessary. Apart from getting investors, obtaining a bank…
Running a business is not a financial science; business is all about trading, making good deals, buying and selling. It…
Unarguably, many people wishes to start their own business, they could start from a small business scale such as diner,…
When you own a business, you make the rules, you are the boss and the money works for you. After…
The answer on how to succeed in business does not have a specific answer. In fact, the question is never…
If you have failed to plan, you are actually planning to fail, a famous quote from business gurus, life coaches…
Are you planning to start up your own small business but don’t have enough money? The best way in terms…
Coming from the finance industry, many people have been asking me about my personal experience in the finance industry (more specifically financial advisory). So today I will share some of the biggest misconceptions about insurance agent. Misconception #1 Insurance agents always like to sell the product that they can earn the most from it. The … Continue reading Misconceptions About Insurance Agent
Many people have the mindset that being an entrepreneur necessarily means being able to make money. It can also be seen as being able to produce a lifetime of financial independence and a higher-than-average standard of living. Investing in stocks is merely an extension of buying a small portion of a business run by someone else and enjoying … Continue reading How Investing in Small Business Ventures Can Make Money?
#1 Crowdfunding takes time Crowdfunding mainly has three different steps, namely; loan sourcing, loan approval and fund sourcing. The relationship manager will go out and source for loans from his personal network. Once he finds a suitable loan, he will draft the credit proposal to apply for loan. The credit risk department will then process … Continue reading 3 Key Things to Know About Crowdfunding
You’ve received a loan and is eager to start working it. Hang on and spare us three minutes as we share with you some tips to maximize the benefits of your loans! Proper Cash Flow Management Cash Conversion Cycle The most important thing is to ensure that you have sufficient short-term asset- cash, to manage … Continue reading How to Effectively Manage SME Loans?
Imagine you’ve successfully attained a business loan of 50 thousand dollars. The ethical thing to do is to spend it with the objective of increasing the companies’ net worth. But what and how exactly do you go about doing it? Good Debt According to Brad Botes, bankruptcy attorney, Founder and President of Bond & Botes, … Continue reading Use of Loans: Good Debt VS Bad Debt
With the increase help from the government, Singapore is seeing a rise in the number of SMEs. However, as many as there is, there are a handful of them going out of business. Rising Cost With regards to Singapore Budget 2018, there is a ‘need for business to move away from cost competition and differentiate through … Continue reading Common Problems Faced with SMEs: Financial
Tip #1 A failure to plan is a plan to fail As said by Benjamin Franklin, this is definitely true when it comes to budgeting. If you do not plan your finance ahead of time, you will definitely encounter the situation where you run out of money. Hence you need to learn how to plan … Continue reading 6 Useful Budgeting Tips That Work