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I am now past 50 years old, and many of my friends and associates who have become successful in their careers or business, are now groaning and complaining that it is becoming harder to sustain business growth. Here are some of my observations: Competition is keener The main complaints appear…
Being an SME owner can be lonely or even panic-inducing at times. However, networking and collaborating with others can help you to maintain a positive mindset. Reaching out to fellow SME owners can be especially helpful during periods when you feel isolated while building your business. Anyone who has ever…
As an IT consultant who has been in the industry for the past ten years, I’ve observed that many small businesses pay little attention to cybersecurity. They often think that larger corporations are more at risk of cyber-attacks than SMEs, but this is unfortunately not true. While larger MNCs may have…
I was in panic mode. I had deadlines to meet, my colleagues were not being helpful and both my bosses and clients were on my case. My brain was running like Usain Bolt, but no solutions were forthcoming. I was stuck in this mode until a helpful colleague took me…
“MEH” – this is my response to the recent Singapore Budget 2019. Here are three reasons why it failed to impress me (or evoked much emotion at all). 1. Confuse and... conquer? In the Singapore Budget speech, our finance minister highlighted the need to build “Deep Enterprise Capabilities”. Sounds great?…
Last month, we talked about how SME owners should be excited about the signing of Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The trade deal potentially means more customers for them as the agreement opens up new markets. It also means less tariffs and headaches as there are less restrictions…
Thanks to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) coming into force on 30 Dec 2018, SME owners can look forward to an especially exciting year. According to Minister for Trade and Industry Chan Chun Sing, “The CPTPP is an important agreement that will complement Singapore’s existing network…
Did you know that some companies that were featured in the Forbes Top 50 in 2017 have disappeared? Adapting to the constantly evolving business landscape has always been make-or-break for companies, especially SMEs. With our new Business Transformation Series, we want to showcase SMEs who have made the bold move to transform their…
When you have plans to bring your business overseas, it is important to have basic market entry information. If you’re thinking of expanding your business to Singapore, here are some important and interesting facts to consider: On Population Matters Singapore currently has a total population of approximately 5.61 million people…
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