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 …
1
Funding Societies and Cheng & Co Collaborate to Enhance and Simplify Financing Access for SMEs
Kuala Lumpur, 30 October 2017 – Funding Societies is happy to announce a strategic partnership with Cheng & Co to broaden access to business financing for creditworthy Malaysian small and medium-sized enterprises (SMEs). Cheng & Co, a leading and established home-grown accounting firm, will refer promising SMEs in need of …
Building a Business: Online or Offline?
When thinking of how best to build your business, a significant 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 …
1
Evaluating Your Business Idea
The current climate in business is innovative and entrepreneurial. Is it any wonder the startup industry is flourishing? Southeast Asia’s startup scene is also thriving. Since 2012, Southeast Asian startups have consistently obtained more and more financing. If you’re reading this article, perhaps you’ve been thinking of building your own …
4 Keys to Success When Investing in SME Digital Financing
SME digital financing has been attracting a lot of attention lately, thanks to its ability to connect entrepreneurs with investors using big data and advanced analytics. For small, growing enterprises, digital financing can be a great substitute for applying for business financing from conventional financial institutions. On the other hand, …
4 Ways to Save in the Digital Era
We’ve all been there before: at first, we were just absentmindedly scrolling through our Instagram feed when we come across a beautifully made travel bag or trendy sneakers posted by a brand account. Next thing we know, we’ve placed our order and we’re ready to make a purchase. Everything happened …
4 Ways to Manage Personal Finance as Millennials
When it comes to personal finances, millennials often struggle. Older generations sneer, saying that the youth’s money problems stem from their own spending habits, from frequent eating out to coffee shops. That criticism has some merit. A recent survey conducted by Bankrate shows that the average millennial eats out or …
How to manage your investment portfolio like a pro
Managing an investment portfolio is a lot like managing a business. With a disciplined, patient, and proactive approach, you can preserve and protect your wealth while attaining financial independence. Your investment strategies might differ, but you’ve to begin with some principles that are consistent at its core, which not only …
Funding Societies (Modalku) Wins Global SME Excellence Award from United Nations’ ITU Telecom Unit
At the end of September 2017, Funding Societies (Modalku) won the Global SME Excellence Award during the ITU Telecom World Awards, held this year at Busan, South Korea. The honor makes Funding Societies (Modalku) the first Southeast Asian company to win the award. The Global SME Excellence Award recognizes the …
A Concise Guide to Debt Investment and SME Digital Financing
Debt Investment and SME Digital Financing is a revolutionary FinTech innovation, with the potential to address the lack of SME financing in Southeast Asia. Since traditional middlemen like bankers aren’t part of the system, it increases profits for investors and decreases resistance for SME issuers. Let’s see how the model …