Running Your Business

5 Tech Solutions That Will Revolutionise SME Operations This 2024

Here’s a textbook scenario: Patricia started off baking cupcakes at home. Her home-based business took off quickly, and in 2024, opens a bakery offering all kinds of delicious goodies. She soon realised that baking and managing the store all by herself was not the ideal solution. What else could she tap on to improve efficiency …

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Navigating Price Increase: Strategies to Maintain Customer Loyalty

Can your business retain customers while raising prices? Businesses in Singapore have been navigating this delicate situation since the country’s Goods and Services Tax (GST) saw a hike from 8% to 9% on 1st Jan 2024. While a price increase is inevitable, maintaining strong customer relationships can be achieved. With strategic planning, effective communication and …

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Dragon-Inspired CNY Marketing Strategies Customers Will Love

Lao Pans, get ready to welcome the spirit of the vigorous Dragon as Chinese New Year draws closer! Let’s get your sleeves rolled up and fire up your CNY marketing strategies.  Adding The Wood Dragon Element To Your Chinese New Year Marketing Strategies  The Wood Dragon 2024 stands out as a distinctive year, bringing together …

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New Year, New POS: 5 Signs It’s Time for a POS System Upgrade

As businesses embark on a new year, it’s crucial to reevaluate the tools contributing to their success. The first item to look at is your point of sale (POS) system as this technology can make or break your business’ growth and success.  A well-designed POS system can increase profits, but an inefficient one can lead …

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Refine Lunar New Year Business Resolutions with Wood Dragon Vigor

Taukehs, Lao Pans, and bosses! Have you prepared your business New Year resolutions for a noteworthy transformation in 2024?  This year’s Chinese New Year celebrates the year of the Wood Dragon, which symbolises growth, success, and the early stages of development. Wood reflects humanity’s desire to strive, expand, and flourish. Hence, 2024 will be a …

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Customer Retention Amid Global Inflation: Five Long-Term Success Strategies

In the face of economic challenges, how would your business prioritise customer retention amidst global inflation? What strategies will you implement to ensure loyalty from your existing customer base? In 2022, Southeast Asia experienced a noteworthy economic rebound, registering a substantial 8.7% recovery after the pandemic-induced disruptions. Nevertheless, the growth hype simmered as the economy …

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Global Business Trends to Look Out For in 2024

In 2023, the business landscape has featured a mix of challenges and innovations. To excel in a progressively competitive market, businesses may need to prioritise digitisation as a vital strategic move. This article explores key Global Business Trends in 2024 that companies should know when developing their business digitisation plan.  Global Business Trends in 2024 …

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Managing Inventory: Best Practices for Mini-Marts to Boost Sales

Sari-sari, mini-mart, convenience stores, and supermarkets. While there are subtle differences amongst each retail outlet, they all have one thing in common: to provide busy shoppers with whatever they need at their fingertips.  And if you run a mini-mart, your greatest challenge might be ensuring you’re always well-stocked without having too much excess. Mini-marts, tucked …

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