Digital art of international digital payments. Show a mobile phone in the background. Show shiny golden coins with Dollar and Rupee symbols coming in and out of the screen

Optimizing Business for Foreign Transactions with International Payment Solutions

You can now sell your product worldwide, all because of the rise of technology, online shopping, and global payment gateways. The global e-commerce industry is predicted to grow at 22.6% by 2027, creating multiple opportunities for businesses to export and import their products / services in the international market. Offering multiple payments and security to…

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7 factors to choose the best commercial finance broker

Managing finances effectively is essential for success and growth. However, navigating the complex landscape of commercial finance can be daunting, especially for small and medium-sized enterprises (SMEs). This is where commercial finance broker come into the picture. In this blog post, we will explore how commercial finance brokers can be your trusted partners in developing and executing…

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Image of an entrepreneur girl holding a clipboard ready to ship a package.

Launch your dream business with these insights

Consider starting a local business and making a positive impact! It’s exciting, but it can also be daunting. To succeed, you need more than just a good idea. You need to size up your competition, get support from your community, create a buzz, meet compliances and manage costs. To help you in your entrepreneurial journey,…

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SMBs should leverage these AI powered applications

Small and medium businesses often can’t afford the kind of creative agencies which big companies hire to make their products and services look slick. This often leads to an inferiority complex and the SMBs face a lot of difficulty in positioning themselves outside of local markets. Thankfully with practically unlimited resources available due to cloud…

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Important government programs for transforming unorganized sector in India

The unorganized sector in India refers to workers who are employed in informal or unregulated industries and often lack job security, social security benefits, and other forms of legal protection. The government of India has introduced several schemes to help organize and provide support to this sector. I felt the need to compile some of…

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Local restaurants and communities

What Restaurants Bring to Communities (Other than Food)

Taste often bring people together | Photo by Darya Sannikova from Pexels Obviously, at the most fundamental level, restaurants serve food to customers. Customers eat out at restaurants for a variety of reasons, including satisfying a craving for a particular dish, avoiding the bothersome task of cooking for themselves, or dining while visiting from out…

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SME innovation tools

Innovation resources which small business groups should leverage

Innovation is a key driver of success for any business, especially for small business groups. With limited resources, small businesses need to focus on leveraging their innovation resources to stand out in a crowded market. In this article, we will take a detailed look at the innovation resources available to small business groups. 1.  Human…

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t-shirt business

Looking to start a t-shirt printing business? Here’s what you need to know!

While the plain white tee is an acknowledged fashion classic, many people love printed t-shirts. Also, many organisations use them as part of their uniforms and/or as merchandise. That means there is always demand for high-quality t-shirt printing. We at YES Group, have over two decades of experience in the area of custom equipment used…

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The Difference Between a Wholesaler and a Distributor – Which works better for your business?

Wholesalers and distributors both buy and sell goods in bulk. Wholesalers buy goods either directly from manufacturers or via distributors. They are, however, completely independent from their suppliers. Distributors only buy goods directly from manufacturers with which they have an agreed contract. This distinction has several implications. To explain the difference, Claire Shaw of SOS Wholesale shares…

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Seven ways your business can improve cash flow

It’s literally impossible to overstate the importance of cash flow for any business. It’s what pays staff and suppliers. Without it, a business simply cannot function. This means that ensuring a smooth cash flow should be a top priority for any business. Here are seven tips to help. Here to explain further, Peter Scully, Marketing…

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10 Local Brands Nominated by Our Readers

Its been 7 years since The Local Brand was launched and we started writing about small businesses and local brands which deserve to be brought into the spotlight. We have a section on our website which allows our readers to submit their nominations for the best local brand they can think of. Over the years…

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Startup tax management

9 Tax Deductions that Startup Business Owners Must Know

Startup company needs to know that there are strict rules when doing business. Owners are required to comply with lots of demands from the government in order to operate. They need to comply with various and complex laws and that include taxation. As business owner, you should educate yourself about tax and how it will…

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Owner Challenge Be the Least Important Person in Your Business thumb

Owner Challenge: Be The Least Important Person In Your Business [Infographic]

It’s a common thought that if one established their own business, they should be able to control every aspect of it – starting from back-end tasks such as logistics to front end areas like marketing and sales. However, this idea is deeply discouraged by many business leaders around the world? Why? Because micromanaging not only…

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3 Best Accounting Software Features

3 Best Accounting Software Features Your Small Business Needs

You need to the right kind of accounting software to record the financial transactions of your business. Knowing the cash flow & financial health of your business helps you in decision-making. As the owner of a small business, your responsibilities can be divided into two parts; a) Doing everything to keep your customers satisfied, and,…

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singapore accounting outsourcing

Why is Outsourcing of Accounting Services Singapore a Good Idea for Your Company?

The task of updating of accounts consumes a high level of energy, time and resources. It becomes more chaotic and challenging when it comes to fulfilling the statutory obligations of the authority such as ACRA (Accounting & Corporate Regulatory Authority). ACRA administers the Accountants Act. A novice person seldom understands the ins and outs of…

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Bundled Budget 3 Strategies To Consolidate Your Small Business Bill

Bundled Budget: 3 Strategies To Consolidate Your Small Business Bill

It is common for a small business owner to have financing in place to start their business. This could involve revolving debt as well as installment debt. Credit cards and a small business loan could cover necessary start-up costs. Things could be going well, and expenses are being paid every month. Then something unknown could…

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Outsourcing Bookkeeping Services in Singapore

4 Signs For Businesses in Singapore to Outsource Accounting & Bookkeeping Services

Many small business owners tend to perceive outsourcing of accounting & bookkeeping services Singapore to be a thing of luxury. They often feel that only big businesses can afford to hire the third-party services. But this typical mindset has been changed with the advances in the technologies. Now, more and more small businesses are leveraging…

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Get Found: 7 Local Branding Hacks for Small Businesses

Whenever someone mentions the term brand, a lot of people automatically assume this has something to do with major corporations such as Coca-Cola, McDonald’s or Facebook. Still, branding can be of as much use to smaller local corporations during their initial stages. Sure, the scale of these branding efforts is much smaller due to the…

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