Surviving COVID-19 – A CFO’s Perspective

How to overcome F&B challenges posed by COVID-19 In the first presentation of our “Full-house” Webinar series, Ms Julia Kwok covers the challenges faced by the F&B industry and the strategies that businesses can employ to mitigate the impact of COVID-19. Julia, partner at Paloe, has helped manage major F&B

Read more >

Chartered Valuer and Appraiser Program

How much is your business worth? Business Valuation is the process of determining a fair value of the business, which a business owner can then use to get a good gauge of the market value of his/her business. The Singapore Government’s Committee on the Future Economy (CFE) listed Business Valuation

Read More >

IPEV Valuation Guidelines 2020

Private Equity and Venture Capital funds are an alternative asset class that just like many other asset classes in the asset industry, has been affected by the current 2020 crisis. As a private capital investor, there is a critical need for alternative asset managers to practice these ipev guidelines. The

Read More >

How To Implement Strategy Successfully

Implementing a strategic change may come across as daunting and yet necessary in this current economic climate. This article seeks to address the actions managers should take when implementing a strategic change. There are 6 key steps that you can consider during the implementation process, as recommended by Harvard Business

Read More >

Digital Business Models

What makes a business digital? Most businesses have an aspect of digitalization, from their product offering to their generation of new customers. However, it is usually a combination, not the sole existence of these aspects, that truly make a business model digital. You can sell digital products online but that

Read More >

Raising your Series A round

Raised a seed round? Besides the obvious benefit – funding, what you get is the implicit confirmation on the potential of your business idea and the momentum to keep venturing forward. A seed round is meant to supply a start-up with sufficient capital to support product development and initial market

Read More >

Should you revisit your budgeting process in 2021?

With the Covid-19 Pandemic persisting towards the last quarter of 2020, uncertainties cloud the pace of recovery. Businesses can use this as an opportunity to re-evaluate their budgeting processes. What is the zero-based budgeting approach?  This approach is beneficial in times where the past year actuals do not make sense

Read More >

Is your business eligible for the Enterprise Development Grant?

What is Enterprise Development Grant (EDG)? With the onset of Covid-19 and its impact on catalysing businesses towards digitalisation, many companies must adopt technology and innovate their processes to survive. Thankfully, companies can receive aid in doing so. The Enterprise Development Grant (EDG) is one such scheme that seeks to

Read More >

Churn Rate and How It Affects Companies

Churn can be measured either in terms of lost customers (customer churn rate) or lost revenue (revenue churn rate). The customer churn is the rate at which customers stop doing business with an entity, while the revenue churn is the rate at which a company loses revenue as a result

Read More >

Alternative Venture Financing

Should you consider Venture Debt Financing? Founders Friday is a monthly webinar that touches on topics that most Founders usually face in their entrepreneurial journey. For the Month of August, we are honoured to have Mr Martin Tang, Co-Founder of Genesis Alternative Ventures to share on alternative financing. Martin TangPrior to

Read More >

Monthly Recurring Revenue and Its Uses

Monthly recurring revenue (MRR) is a key metric in evaluating the performance of any subscription business. It is simply the sum product of the number of unique business subscribers and the price of the monthly subscription plan. In this article, we will cover the different types of MRR, their uses,

Read More >

What are the attributes of a good CFO?

The roles and responsibilities of the Chief Financial Officer (CFO) have changed dramatically over the last 30 years. Previously, the CFO was in charge of settling the company accounts as well as drafting the financial statement reports and company budgets. However, number-crunching and budgeting are no longer the only considerations

Read More >

How can a virtual CFO help your business?

In present day, the role of a CFO has evolved from mainly controlling finances and mitigating cash flow problems to one that injects strategic business perspectives as well. Having a finance veteran as CFO helps guide the company towards long-term profitability and avoid costly mistakes that inexperienced founders may unintentionally

Read More >

How to survive COVID-19 with term loans

During our webinar “Surviving COVID-19 – A CFO’s Perspective” we invited Mr Janus Lim, Managing Director of Finaqe Group, to share his advice on getting a term loan given the COVID-19 situation. He covers the key aspects of personal credit and a company’s finance that influence bank loan approval. Here

Read More >

How to manage your cashflow and grow your startup

Cash keeps you running When it comes to the success of a start-up, the saying “Cash is King” could not be emphasised enough. Cash is often the main reason companies stay alive longer than its competitors. It sustains businesses while seeking a new round of financing, driving rapid growth. It

Read More >

How to Craft an Effective Investor Pitch Deck

Pitch deck – A visual narrative D When it comes to convincing new investors to get onboard a unique value proposition, the pitch deck is often a differentiating tool that stands between founders and their next round of much needed capital injection. The pitch deck is an important visual device

Read More >

Types of work pass and permits for foreign professionals

Singapore is very dependent on foreign talents to help boost its  economy. In June 2016, the total foreign workforce surmounted to  1,404,700 people. This is approximately a fifth of Singapore’s  population. There are many debates on whether foreign talent is  essential in Singapore’s economic growth or is hindering it instead

Read More >

Founding Story: JIT Holdings

Humble beginnings JIT Holdings Ltd (JIT) was founded in 1987 by Tommie Goh and William Goh. It started out as a trading firm dealing with Printed Circuit Boards (PCI) components. Business was difficult as it required them to conduct  face to face selling of their various principal’s products. Hours were  long and traveling across the

Read More >

All About Gantt Charts

In this post, we will discuss everything you need to know about Gantt  charts. We will be introducing what Gantt charts are, how they have  come about, who should use it, and the pros and cons of using them. On  top of that, we will demonstrate how you can create

Read More >

Why Do Firms Undertake Mergers & Acquisitions?

With many large corporations taking on M&A as a potential growth  strategy, business leaders are tempted to adopt the acquisition path to  build a business empire. However, according to Mark Sirower, renowned  M&A consultant in BCG, most acquisitions end up in spectacular  failures. Many firms fail to see how new

Read More >

Surviving COVID-19 – A CFO’s Perspective

How to overcome F&B challenges posed by COVID-19 In the first presentation of our “Full-house” Webinar series, Ms Julia Kwok covers the challenges faced by the F&B industry and the strategies that businesses can employ to mitigate the impact of COVID-19. Julia, partner at Paloe, has helped manage major F&B

Read more >

Chartered Valuer and Appraiser Program

How much is your business worth? Business Valuation is the process of determining a fair value of the business, which a business owner can then use to get a good gauge of the market value of his/her business. The Singapore Government’s Committee on the Future Economy (CFE) listed Business Valuation

Read More >

IPEV Valuation Guidelines 2020

Private Equity and Venture Capital funds are an alternative asset class that just like many other asset classes in the asset industry, has been affected by the current 2020 crisis. As a private capital investor, there is a critical need for alternative asset managers to practice these ipev guidelines. The

Read More >

How To Implement Strategy Successfully

Implementing a strategic change may come across as daunting and yet necessary in this current economic climate. This article seeks to address the actions managers should take when implementing a strategic change. There are 6 key steps that you can consider during the implementation process, as recommended by Harvard Business

Read More >

Digital Business Models

What makes a business digital? Most businesses have an aspect of digitalization, from their product offering to their generation of new customers. However, it is usually a combination, not the sole existence of these aspects, that truly make a business model digital. You can sell digital products online but that

Read More >

Raising your Series A round

Raised a seed round? Besides the obvious benefit – funding, what you get is the implicit confirmation on the potential of your business idea and the momentum to keep venturing forward. A seed round is meant to supply a start-up with sufficient capital to support product development and initial market

Read More >

Should you revisit your budgeting process in 2021?

With the Covid-19 Pandemic persisting towards the last quarter of 2020, uncertainties cloud the pace of recovery. Businesses can use this as an opportunity to re-evaluate their budgeting processes. What is the zero-based budgeting approach?  This approach is beneficial in times where the past year actuals do not make sense

Read More >

Is your business eligible for the Enterprise Development Grant?

What is Enterprise Development Grant (EDG)? With the onset of Covid-19 and its impact on catalysing businesses towards digitalisation, many companies must adopt technology and innovate their processes to survive. Thankfully, companies can receive aid in doing so. The Enterprise Development Grant (EDG) is one such scheme that seeks to

Read More >

Churn Rate and How It Affects Companies

Churn can be measured either in terms of lost customers (customer churn rate) or lost revenue (revenue churn rate). The customer churn is the rate at which customers stop doing business with an entity, while the revenue churn is the rate at which a company loses revenue as a result

Read More >

Alternative Venture Financing

Should you consider Venture Debt Financing? Founders Friday is a monthly webinar that touches on topics that most Founders usually face in their entrepreneurial journey. For the Month of August, we are honoured to have Mr Martin Tang, Co-Founder of Genesis Alternative Ventures to share on alternative financing. Martin TangPrior to

Read More >

Monthly Recurring Revenue and Its Uses

Monthly recurring revenue (MRR) is a key metric in evaluating the performance of any subscription business. It is simply the sum product of the number of unique business subscribers and the price of the monthly subscription plan. In this article, we will cover the different types of MRR, their uses,

Read More >

What are the attributes of a good CFO?

The roles and responsibilities of the Chief Financial Officer (CFO) have changed dramatically over the last 30 years. Previously, the CFO was in charge of settling the company accounts as well as drafting the financial statement reports and company budgets. However, number-crunching and budgeting are no longer the only considerations

Read More >

How can a virtual CFO help your business?

In present day, the role of a CFO has evolved from mainly controlling finances and mitigating cash flow problems to one that injects strategic business perspectives as well. Having a finance veteran as CFO helps guide the company towards long-term profitability and avoid costly mistakes that inexperienced founders may unintentionally

Read More >

How to survive COVID-19 with term loans

During our webinar “Surviving COVID-19 – A CFO’s Perspective” we invited Mr Janus Lim, Managing Director of Finaqe Group, to share his advice on getting a term loan given the COVID-19 situation. He covers the key aspects of personal credit and a company’s finance that influence bank loan approval. Here

Read More >

How to manage your cashflow and grow your startup

Cash keeps you running When it comes to the success of a start-up, the saying “Cash is King” could not be emphasised enough. Cash is often the main reason companies stay alive longer than its competitors. It sustains businesses while seeking a new round of financing, driving rapid growth. It

Read More >

Why Do Firms Undertake Mergers & Acquisitions?

With many large corporations taking on M&A as a potential growth  strategy, business leaders are tempted to adopt the acquisition path to  build a business empire. However, according to Mark Sirower, renowned  M&A consultant in BCG, most acquisitions end up in spectacular  failures. Many firms fail to see how new

Read More >

M&A Selection Criteria & Evaluation Process: Company Analysis

After identifying a suitable market to enter, the next stage of  evaluating a potential acquisition target is to conduct a detailed  analysis into the target company to determine if it is investment  worthy. Generally, we should consider a few criteria: (1) the commercial  value of the Target’s business model, (2)

Read More >

The M&A Process – How to Prepare a Company for Sale

Many  entrepreneurs’ goal is to start a company, grow the business, operate  it effectively then eventually sell out their stake for a handsome  profit. According to Robert Uhlaner, lead of McKinsey’s global Corporate  Finance Practice, many business leaders are not prepared for the  intensity of completing an M&A deal. Many

Read More >

Introduction to Accounting

What is accounting? Accounting is pertinent to all business owners. It is the process of  recording, summarizing, analyzing, interpreting and reporting the  financial information of an organization. This financial information  gathered is key to assist managers and executives to make business  decisions. Importance of accounting Information derived from the process

Read More >

How to Craft an Effective Investor Pitch Deck

Pitch deck – A visual narrative D When it comes to convincing new investors to get onboard a unique value proposition, the pitch deck is often a differentiating tool that stands between founders and their next round of much needed capital injection. The pitch deck is an important visual device

Read more >

Types of work pass and permits for foreign professionals

Singapore is very dependent on foreign talents to help boost its  economy. In June 2016, the total foreign workforce surmounted to  1,404,700 people. This is approximately a fifth of Singapore’s  population. There are many debates on whether foreign talent is  essential in Singapore’s economic growth or is hindering it instead

Read More >

Founding Story: JIT Holdings

Humble beginnings JIT Holdings Ltd (JIT) was founded in 1987 by Tommie Goh and William Goh. It started out as a trading firm dealing with Printed Circuit Boards (PCI) components. Business was difficult as it required them to conduct  face to face selling of their various principal’s products. Hours were  long and traveling across the

Read More >

All About Gantt Charts

In this post, we will discuss everything you need to know about Gantt  charts. We will be introducing what Gantt charts are, how they have  come about, who should use it, and the pros and cons of using them. On  top of that, we will demonstrate how you can create

Read More >