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In this article Know SFRS and IRAS Know the Audit Process Record Everything Know Where to Place Every Item in the Books Know Payables and Receivables Accurately Real-time Accounting Get Your Bookkeeping Settled With SCI Bookkeeping is the art of recording each business ... Continue Reading

It is always easier for entrepreneurs to start and run a business when the economy’s in an upturn. Starting an enterprise in a favourable economic climate will less stressful as it is relatively easy to get business plans and credit applications approved. However, businesses go through ups and ... Continue Reading

Before moving to a new city, it is always good to get to know the new environment that you will be in. Trying to understand and appreciate the mindset of the local people, the cultural dos and don’ts, the traditions and etiquettes, the native dialects, and of course the food, takes some time and ... Continue Reading

It is an unfair expectation for all startups to be financially well-equipped to get the ball rolling. Many of them rely on funding or loans to kick start their business ventures. However, it has often been a catch 22 situation for them. The business loans available to enterprising entrepreneurs ... Continue Reading

When entrepreneurs launch their new businesses, they tend to keep a lot of financial information swirling in their head. They tend to perceive this as convenient and even secure, for there is no hassle of learning how to use accounting software, or risk losing all that data on an unfortunate system ... Continue Reading

Year after year, some like-minded individuals are brought together by their entrepreneurial spirit to amass some capital and kickstart their business. Thousands of such businesses are incubated, but not many survive past the infancy period of the business. Within one to two years, many businesses go ... Continue Reading