Why Businesses Should Not Be Reluctant to Talk About Debt

Business owner pulling a heavy debt sign

In many cultures across Southeast Asia, it is common for debt to be thought of as a taboo. A common assumption made is that only people who spend irresponsibly take on debt. Traditional businesses owners, similarly strive for a debt-free business. However, there are many reasons why taking on loans …

Introducing Invoice Financing V2.0 from Funding Societies

Funding Societies New & Improved Invoice Financing V2.0

In 2016, Funding Societies launched our second product, Invoice Financing. Through Invoice Financing, businesses can realise their unpaid invoices sooner. This allows them to put more cash towards business growth. Unlike a business term loan, you are not taking on any additional debts. You are simply freeing up money owed …

Reviewing 2017 Business Performance, Achieving 2018 Goals

Reviewing Business Performance

Is there a better time than the first work days of the year to reflect on business goals? If you spent the final days of 2017 scrambling to collect data and make reports, it’s time to review the past year’s business performance. For many businesses, this is the only time …

7 Inspiring TED Talks and Podcasts for Entrepreneurs

7 Inspiring TED Talks and Podcasts for Entrepreneurs

They say an entrepreneur is someone who jumps off a cliff and builds a plane on the way down. However, these dynamos too need a shot of motivation every once in a while. If you are in the process of building your own empire and need that little optimistic push …

5 Things I Wish I Knew Before I Started My Own Business

5 Things I Wish I Knew Before I Started My Own Business

Do you have that awesome business idea that could be worth a million dollars with the proper execution? Well, starting your own business is definitely no easy proposition. It involves a lot of things coming together. While monetary resources and capital are one side of the story, fortitude, grit, and …

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Why Creativity and Innovation are Important for SMEs

SME Creativity and Innovation

It has become widely accepted that creativity and innovation are crucial to business success, especially in the ever-changing and uncertain world we live in today. While creativity is the ability to produce new and unique ideas, innovation is the execution of that creative ideas. When properly fostered, creativity and innovation …

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Business Planning 101

Business plan 101 by Funding Societie

All successful businesses start with great planning. Business plans can be a daunting challenge for some, because of the effort you have to put to craft one. As daunting as it seems, business plans are necessary as they provide the roadmap for where you want to take your company. In …

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How to Build The Best Business Team for SMEs

Building the Best Business Team, No Matter How Small Your Business

A rookie mistake often made by those just starting a new business is thinking they can handle everything on their own. It’s still a small business, after all, so why would I need more people to help me, they think. As a small business owner, I should be able to …

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Building a Business: Online or Offline?

Building a Business: Online or Offline?

When thinking of how best to build your business, a major consideration these days is whether to make it offline or online – especially, of course, if the business idea you have in mind is in the retail industry. Each option has its ups and downs, so you need to …