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Managing Money

Managing Money

5 tips for college students to manage their finance

If you don’t know how to start managing your finance, set a goal. How much do you want to save every month? What number do you expect to see in your bank account upon graduation?

Posted on 
Jul 4, 2019
  by
Neva Kwok
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Managing Money

Looking For Short-Term Cash Flow Solutions in Hong Kong? What Option Is Right For Your Business

If you have an immediate cash flow problem, then the quickest fix might be a short-term financing solution. It’s the fastest way to get money in your bank account if you don’t plan on receiving any large revenue payments within the next day. Find out in this article, the 3 best options for your business in Hong Kong for short-term cash flow solutions.

Posted on 
Mar 28, 2019
  by
Kevin Kang
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Managing Money

Why Won’t Your Suppliers Accept Credit Card Payments? And How To Change Their Mind

According to PRNewswire.com, virtual card payments make up 50% of all B2B payments. Suppliers are accepting virtual card payments now more than ever before, but many still rely on outdated payment methods because they believe the fees don’t outweigh the benefits. Despite the most common objections for refusing to accept card payments, virtual cards offer clear benefits suppliers simply can’t ignore.

Posted on 
Feb 27, 2019
  by
Kevin Kang
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Managing Money

Cash Flow 101: How to forecast and manage cash flow

In the first article of this series we talked about why businesses should worry about measuring cash flow instead of profit. Today, we want provide a walkthrough of how small businesses can actually measure cash flow with minimal accounting knowledge.

Posted on 
Feb 24, 2019
  by
Daren Guo
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Managing Money

Working Capital Calculator - Demystifying what working capital means for your business

The general definition of working capital is the amount of money used for financing the day-to-day operations of a business. However, what does this definition actually mean in practice? Is it the amount of money in the bank account of your business? Is it the amount sitting in the cash register?

Posted on 
Feb 17, 2019
  by
Kevin Kang
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Managing Money

Cash flow 101: Why you should worry about cash flow instead of profit

82% of businesses fail due to poor cash flow management. Especially If you are a new SME (where cash management is especially challenging), it should be a key area of focus as you get your business up and running.

Posted on 
Feb 13, 2019
  by
Daren Guo
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Managing Money

Cash is Still King: How startups can manage and improve their cash flow

Startups live and die by their cash. According to a recent CB Insights study of 101 startup failures, running out of cash is the second biggest reason why startups fail, ahead of having the wrong team, competition, and pricing issues.

Posted on 
Apr 19, 2018
  by
Kevin Kang
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Managing Money

3 warning signs of potential cash flow problems

Whether it’s rent, utilities, equipment or salary -there are expenses, both small and large, to manage as part of the business. To support daily operations and potential business expansion, you should ensure that you have sufficient cash on hand to run your business.

Posted on 
  by
Daren Guo
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