SME Grants Malaysia: The Definitive Guide [2021]

SME grants Malaysia

Entrepreneurs need money to fund their businesses. Not all of them but some of them. It can be hard to scale up your business without sufficient funds, and sometimes relying on investors is just not the way to go. In Malaysia, there are several ways for a business to get …

Income Tax Malaysia: A Definitive Guide

Income Tax Malaysia 2019

Hello readers! We have here for you a definitive guide to Income Tax in Malaysia 2020 and 2021. You can expect to learn more about Income Tax for both Personal Income Tax as well as Corporate Tax. Let us walk you through how tax computation works in Malaysia and how …

A guide to SME Digital Financing and Investments

Funding Societies is now Malaysia’s leading SME Digital Financing platform, making it the preferred alternative financing option for SMEs across Malaysia. It is also one of the nation’s leading SME Digital Investment platforms, where anyone can invest in up and coming Malaysian enterprises to earn high returns at low investment.  …

The Role of Working Capital in a Successful Business

Working Capital

Capital is another word for money and working capital is the money available to fund a company’s day-to-day operations – essentially, what you have to work with. To be precise, working capital is the difference between current assets and current liabilities. Current assets refer to the money you have in …

4 Reasons Why SMEs should Go Online

4-reasons-why-smes-should-go-online

Twenty years ago, both consumers and business owners did not know what the internet was. Nowadays, the internet becomes more advanced and affordable to consumers. Consumers and business owners may access the internet easily with any electronic devices. The internet has changed the way how businesses are conducted. A business …

How Social Media Impacts an SME?

how-social-media-impacts-an-SME

Social media has penetrated Malaysian market. Based on the research, 75% of Malaysians are engaging in social media actively. Moreover, Malaysia was named as the top country with greatest social media penetration in South East Asia. In recent years, social media has provided opportunities for new merchants to sell products …

Overseas Payments and Remittances for SMEs: How to Start?

Overseas Payments and Remittances for SMEs: Where to Start?

Cross-border money transactions are showing an upward trend in Malaysia. More money is being sent abroad and more is received from overseas. Yet for small and medium-sized enterprises (SMEs), overseas money transactions can be a tough issue to figure out. Various financial institutions offer remittance services, from banks to foreign …

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 those creative ideas. When adequately fostered, creativity and innovation …

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Business Planning 101

Business Planning 101

4 Tips to Maximize Business Productivity 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 …

How to Build The Best Business Team for SMEs

How to Build The Best Business Team for SMEs

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 …