Why Businesses Should Offer Credit Terms
The business landscape has grown increasingly competitive – sellers must offer credit terms to gain an advantage over suppliers that operate strictly on a cash basis. Eventhough many have raised concerns, extending credit can often be a win-win for both suppliers and retailers. Sellers that offer credit to customers allow for goods to be purchased […]
How Credit Terms Can Help Grow Your Business
Credit terms are an essential part of business trades. Along with funding, credit terms keep small businesses with limited capital going. Financing remains one of the biggest challenges SMEs in Malaysia face, which makes this matter more critical. But SMEs are not the only ones that benefit from credit terms. Large corporations also rely on […]
Challenges SMEs Face Getting Bank Loans
In the APAC region, SMEs are one of the biggest contributors to the economy. They account for 98% of enterprises and 50% of total employment. However, obtaining bank loans has always been a common setback SMEs face. Small businesses lack collateral and consistent cash flow to qualify for loans. And as they are new businesses, […]
How to Navigate Being Cafe Owners in Malaysia
Being cafe owners in Malaysia today is no easy feat. What started out as the humble kopitiam has evolved into a plethora of cafes dotting the streets of urban neighbourhoods and tucked-away corners in almost every city. While international coffee chains such as Starbucks and Coffee Bean have always been able to hold their own, […]
Debunking B2B E-Commerce Myths
Before we dive into the meat of the article, let us start with some notable facts about the state of B2B e-commerce: According to Forrester, B2B sales will reach USD$1.8 trillion in revenue by 2023. 44% of millennial buyers are the primary decision maker in their company and are twice as likely to discover products […]
Wholesaler in Malaysia? Avoid these E-commerce Mistakes
The explosive growth of e-commerce during the pandemic left many business owners scrambling to keep up. As a wholesaler in Malaysia, this means that digital solutions are not just ‘nice to have’ anymore, they are a ‘must have’ for business continuity. Not only can wholesalers sell more online, they can also sell smarter with deeper insights […]
Buy Now, Pay Later: A Guide to Credit Terms for SMEs
As a business owner yourself, you’d know an element of running a successful business is maintaining a positive cash flow. But for SMEs in the midst of growth, generating a consistent cash flow can be challenging. This is often due to the debt incurred during the early stages of growth and the cash that is […]
5 Tips to Improve Your Food Delivery Menu
With the Movement Control Order (MCO) underway, it’s time to refine your food delivery menu as delivery services are back in full swing. During MCO, Malaysians’ options during meal times are either takeaway or food delivery, as dine ins are not allowed. Some opt to cook, but many don’t have the time to and prefer […]
Baking Essentials for Raya 2021
From economic consequences to social change, the Covid-19 pandemic forced a radical shift in society… and one of it is the surge in home baking. A study by Research And Markets recorded a 647% increase in the demand for yeast in March 2020, along with reports from customers expressing difficulty in finding ingredients such as […]
In Demand: Top 3 Herbal Products
We’ll cut to the chase: Herbal products are in demand. Even before the pandemic hit, the health and wellness trend has grown steadily – particularly in Malaysia. Rising cases of health issues, such as diabetes and obesity, have caused a greater awareness in Malaysians to be more health-conscious. With natural-based ingredients that help to prevent […]
