Cash is king, cash flow is emperor

Businesses, especially SMEs, have grown highly competitive in the past 10 years. Local competition is not new, but international and online competition have kept small businesses on their toes. And along with the general cost of living, cost of doing business has gone up as well. In such a scenario, …

Types of Investments Available

If it is long-term financial security you are after, you will have to start investing – and better sooner than later. In this post, we will focus on the types of investments available. Major instruments include: Fixed deposits A fixed deposit is a bank deposit with (i) a higher interest …

8 Steps to Creating a Smart Financial Plan

Financial planning may not be the most fun chore in the world, but it’s not a scary uphill battle either. If you are relatively vigilant, disciplined, and willing to do research, crafting a personal financial plan and sticking to it isn’t troublesome. There really is no cons of making a …

FinTech as Catalyst for Financial Inclusion

Financial inclusion, the goal of making financial services available and affordable to those underserved and members of society making a lower income, is not a new idea. Now, however, with the development of financial technology (FinTech), inclusion seems more possible than ever. Thanks to FinTech, more people and companies (especially …

5 Ways to Delegate Work More Efficiently

Delegating work is not as easy as it may seem, especially when you’re a perfectionist. You may prefer to do everything yourself in order to have everything to your standards. But the truth is, it will only lead you to exhaustion and burnout. Delegation is one of the major keys …

How SMEs Are Evaluated for Financing Suitability

So, you’re a small business owner. You want to apply for business financing. You know you are eligible for the option. You’ve turned in all the necessary documents. What happens now? Specifically: how do financial institutions judge you to be worthy of their financing? If you have ever applied for …

Building a Portfolio for Retirement

Let’s be clear: investing is not a roadmap to instant wealth. Investing is a plan for the future. Your retirement years may be far ahead, but it is vital to start investing early as you will reap more benefits the sooner you start. Investing’s key ingredient is time. The same …