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
Working from home offers flexibility and convenience, but it also presents unique challenges when it comes to maintaining productivity. With a few simple adjustments to your routine and environment, you can maximize your efficiency and achieve your professional goals. Let’s explore four practical tips that can help you stay on
How the pandemic has affected market preferences in online shopping It is not foreign to hear of people shopping online nowadays, especially after the pandemic has affected other transaction methods except online transactions. The online shopping experience, too, has evolved since then as more users are using c-commerce. There are
Imagine one day you woke up with a brilliant idea, and you’re excited to build a software around it, what would be your next step and how can you build a full-fledged, sustainable software product? Building a full-fledged and sustainable software is not just about code development (programming). It is
Let’s go down memory lane – the telephone was invented in 1876, the computer in 1937, and the internet and laptop both in 1974. What we are looking at here is the progress of innovation happening faster in history. The rapid pace of technological advancements is reshaping the world as
Enterprise value, or EV for short, and equity value are 2 common ways that a business may be valued in a merger or acquisition. Even though both are commonly used in valuing a company, both offer a slightly different view of the company at hand. The EV presents an accurate
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
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
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
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
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
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? Instead of building incremental budgets on last year’s actuals (traditional approach), you would be building
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
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
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
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,
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
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
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
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
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
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
Working from home offers flexibility and convenience, but it also presents unique challenges when it comes to maintaining productivity. With a few simple adjustments to your routine and environment, you can maximize your efficiency and achieve your professional goals. Let’s explore four practical tips that can help you stay on
Enterprise value, or EV for short, and equity value are 2 common ways that a business may be valued in a merger or acquisition. Even though both are commonly used in valuing a company, both offer a slightly different view of the company at hand. The EV presents an accurate
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
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
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
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
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
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? Instead of building incremental budgets on last year’s actuals (traditional approach), you would be building
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
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
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
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,
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
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
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
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
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
The final stage of the M&A evaluation is determining how much to pay for the Target. The greatest risk of any deal is paying too much. As such it is imperative to determine what is the fair value of the Target and whether the purchase price is fair and attractive
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)
After deciding that M&A is the way forward in terms of achieving the company’s long-term strategic goal, the next step is to decide which market or country to look for potential targets to invest in. As part of a three-stage process, we will first explore how to evaluate the macroeconomic
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
Singaporeans are foodies. We all love to eat good food and it is our life’s mission to find the best food available all over the country. Whether it is high class French cuisine or our local hawker centre, we are always searching for the most delicious food to indulge in
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
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
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
SME Go Digital Program has been the focus of discussion for many technology vendors and solution providers. It is an effort by Singapore to spearhead the digital transformation efforts for Small and Medium Enterprises (“SME”). Launched in April 2017, IMDA aims to enhance the digital readiness of SME by providing
