Rethinking your business post lockdown and covid-19

Rethinking your business post lockdown and covid-19 – There are many things that businesses owners will need to be prepared for after this covid-19 lockdown that has been going on around the world. Businesses around the world especially small businesses are suffering tough periods of no sales to very minimal sales figures, especially those that are in the frontline. Retail businesses, Tourism and also Events are burning up as we speak and we will not see the same again after this whole lockdown is done.

Many businesses that are already suffering will fall off the cliff and for those that are barely holding on might still have some lifeline but might end up the same way as the rest. Most businesses that had preparation to go online will still see their businesses slightly hit. Not as much but it is a definitely that they will also be suffering as the economy starts to reboot.

Some of the few things that most businesses should rethink about is their post pandemic response. Will they be able to move certain parts of their businesses to the cloud?

Either to save cost, or to be prepared for another pandemic.

One business should also wonder if they should fully deploy all their cash into investments or to have reserves for situations like right now, where businesses are going under because they do not have enough reserves in place for closing of public places due to this pandemic.

Some businesses did not prepare for online access for businesses and end up having to scrambling for it.

Some businesses that relied heavily on retail had no means of even surviving a little without E-Commerce. If they had E-Commerce, they could have went through the online route to keep businesses going and to make income even though lesser but not completely hit.

Businesses that have never taken a bank loan, could also consider having some on standby when such things hit, when such businesses suffer a sudden cut in revenue and need some cash flow to pull through, they will expect to take up a small SME Loan to cover for the rental and also salary, allowing time for the business to get back online.

If your business has been highly reliant on a single location for employment, maybe you can consider working to split part of your business overseas. Outsource the parts where you know you don’t’ need a Singaporean to cover, for example a call centre or a production line that can be shifted to a neighbouring country that cost lesser to operate from.

Accounting Services need not be done at your exact location too, you could outsource it to cloud based bookkeeping services like us.

Change is the only constant. Those who do not change will suffer long term consequences.

Rethinking your business post lockdown and covid-19

Why you should get a good mobile application developer in Singapore

Why you should get a good mobile application developer in Singapore

Why you should get a good mobile application developer in Singapore – There are many reasons why you should get a good mobile developer in Singapore to help you with your mobile development in Singapore.

Mobile phones are very popular in this time and age, with many people owning not only one or two of the most popular mobile phones in the world. There are way more mobiles than there are humans now in this world and if you are a good mobile application developer, you definitely will be able to get good jobs.

When you are a company and building a good mobile application for your business needs, it not only helps you to expand into a market that is big and able to access into more features that the normal website will not be able to do.

Mobile applications can use many features to help you save time and effort, make payments and also track where you are and what you need to do. Pop ups can help you to get task reminded and done and many more things that a website may not be able to do but a mobile application can.

A good mobile application developer Singapore can help you to ensure that the user enjoys the application and the ios mobile application developer or android mobile application development can make sure that you have a good mobile application on both main operating systems. Having it on both operating system means you got most of the users in the world covered and this means you will have a strong base.

A good developer also means that you will get your application approved much faster than if you have someone who is not familiar with the rules and regulations of the major players in this mobile application game.

If you require a good developer, speak to Originally Us Mobile Application Agency.

K Cloud Accounting is a Singapore Accounting Services firm.

Why you should get a good mobile application developer in Singapore

Singapore economy heading towards recession

Singapore economy heading towards recession – Singapore is heading toward a major slowdown and recession in the coming months. Singapore is a major financial hub of the world with it being the main financial hub for businesses in the Southeast Asia region.

Southeast Asia is quite badly hit by the Covid-19 outbreak and being in the region also means that with the slowdown in China and also the USA, trade will lessen. Trade is one of the main lifeblood for Singapore and companies in Singapore. Singapore is a major port in the region and this is also one of the things that will be greatly affected in the case of a recession.

Singapore is heading clearly towards a recession and heading there fast.

The Singapore government is coming up with a series of schemes to keep the economy going and also will be releasing more details on how to keep the economy going on with the slowdown in tourism, retail and eventually all parts of the economy.

One of the earlier schemes announced during the budget is the increase in working capital loan quantum from $300,000 to $600,000 and the government increasing its risk share from 50% to 80%. This is one of the few items that will definitely help to ease up the load on the SMEs in Singapore.

But with prolonged slowdown expected to reach all the corners of the economy, we are hoping that there will be more that the government will be able to do to help the economy to reboot and also cushion the fall.

Singaporeans will likely have to keep their pockets tighten and this will eventually lead to a general slowdown of the entire economy.


K Cloud Accounting works closely with Avant Consulting, our SME Bank Loan Broker in Singapore that focuses on corporate loans in Singapore.

If you require help with Singapore business loans, you can contact them.

Singapore economy heading towards recession

How a mobile application may be what your business needs

How a mobile application may be what your business needs – Mobile Applications are the next step for many businesses. There are some features that cannot be done from a website and only from a mobile application that is done by reputable Top IOS or Android Mobile application developers in Singapore. So what are some of the things that will make a difference when it comes to having a mobile application for your business. For things such as ride sharing services or food delivery services, having a well written code for your mobile application is what makes a big differences in getting your services out to the world. Websites have limitations, websites usually are great for social networking and maybe some of the more informative things but when it comes to having an application that is on your mobile, it really does improve the overall experience of your business usage.

If you are a multinational corporation looking to build up a stronger engagement with your customer base, you will be glad to have a mobile application where you can get in touch with your customers through the application because you can push information to the app users if they allow it. When your user allows the pushing of information, you could probably get in touch with them on some deadline related matters, this kind of engagement cannot be achieved by just emails or phone calls but through application and also together with the integration of payment can help you save on man hours and also helps you to improve receivables. This is very important for business because this saves the business a lot of time and money and this will help to improve the business processes of this businesses.

Getting your mobile application development in Singapore done well might not be that easy. There are many mobile development agencies in Singapore that says that they are able to deliver high quality application coding work but not many are truly able to do that. There are select few that write good code and have good customer service to come wiht it and we are glad that we are working closely with companies like Originally Us, our friends and partners to help our customers to deliver high quality development of mobile applications.

The delivery of high quality application is important because it is not the fact of having an app that will help your business and business processes but also the fact of having an application that has good user experience and user interaction flows. Keeping the client satisfied with good flow of workflow and also with a fast app that does not lag when you submit things is very important. If it is slow and hard to use, customers will leave and not use it anymore.

This is one thing that we at K Cloud Accounting will like to share with the world and also our partners that mobile applications development can help you whether you are a MNC or SME in Singapore. If you require some help with it, contact us to find out more!

Cloud Accounting Services and why you should switch to them

Cloud Accounting Services and why you should switch to them – There are quite a number of cloud accounting services and software going around right now. The reason that Cloud services are starting to pick up in this market place of accounting services requirements is the fact that things are getting more and more complicated and to get things sorted out in a much faster and also simpler manner, the usage of information technology is important. The importance of running a business with cloud based services is one of the things that will make sure you will gain more traction with lesser time spend and therefore lesser resources in place for it.

Cloud Accounting Services is very popular in Singapore right now because of this. Not only for accounting services, there are many cloud options for other management services needs, such as cloud based payroll solutions, cloud based banking solutions and everything now is online so the fact that you want to do your accounting services online will make your business running a lot easier and a lot more interesting to work only.

Cloud Accounting Services in K Cloud Accounting Pte Ltd is through the usage of Xero Cloud Accounting Software that has some of the newest technological changes. So the craze about this whole cloud accounting services thing, what is it about and why you should consider working on switching to them

There are a few things that will definitely intrigue most business owners and we will like to share them so that you can learn from it and also learn to build up on it.

So what are some of the things that the cloud accounting services can do for you and what are some of the things that will help you to build up your business and become strong entity that will take off and become a much stronger business.

Cloud Accounting Services allows you to operate your business from anywhere in the world. The fact that you are running a business means that you will want to one day let it go so that there are people who will assist you in managing it so that you can focus on other things in hand. This is one thing that will definitely help you to achieve this world domination goal in years to come. The best thing is that you can be out of the office and monitor your accounting details.

The artificial intelligence within the software will also be able to help you with your bank reconciliation portion which will definitely save you a lot of time. This is also one of the most important innovations that have been one of the most time saving for most accountants who want to save time on getting information done up properly.

We are keen to work closely with businesses that are just starting up and are keen to work on delivering high quality work for their customers. The usage of cloud based technology to help you to become a better business person is now at your doorsteps. You can also become a good business person in time to come through improvements in your business needs.

Cloud Accounting Services and why you should switch to them

Cheap Monthly SME Accounting Services for your business needs

Cheap Monthly SME Accounting Services for your business needs – When it comes to running a business there are so many things that you want to be able to watch after. There are also things that you might not be experienced in and you want to be able to do but do not have the time or the means to. Accounting Services is one of the key things that needs to be covered by you and your team when you are running a business. Cheap Monthly SME Accounting Services is one of the key things that will help set you apart from the rest. How many startups and SMEs do not survive past the first few years or even months of business. When you have your accountant on your side, you get to have information about your business on a monthly basis and this is great for anyone. We all know information is key to making decisions and good decisions come from consistent and good information flow.

Cheap Monthly SME Accounting Services

We also know that Cheap Monthly SME Accounting Services Singapore is one of the ways to keep your cost low. Finding cheap vendors for Cheap Monthly SME Accounting Services will help you not only save on your monthly accounting services cost which can be substantial, it also helps you to find a good accountant at a really budget rate. Most of the time budget rates means lower quality but not at K Cloud Accounting.

Business should also work on having their accounts done up properly so that when you have an investor, you will be able to deliver the accounts straight up! Suppliers will be glad to see that you have a good system in place and healthy bank account to offer you credit for supplies that they might be giving to you and not be worried that you might end up closing up and not be able to pay them the necessary fees of selling to you!

Working closely with more partners is one of the key ways to have a long runway in business. Accountants, marketers, lawyers and your mentor are all key to running a good business. This is one of the few things that you may want to put into place when you are running a business that is not just tough to build on but at the same time, you should be able to deliver the best quality services or products to your customers to be able to stay in the game for a long time.

Support services such as accounting must never be missed out on.

K Cloud Accounting is a Singapore based Cheap Monthly SME Accounting Services provider and there are many things that you can work with them on. They also provide corporate secretarial services, tax services, payroll services and also office virtual address services to name a few of the corporate services required by SMEs or Startups that are based in Singapore. Contact the team now and get a quotation for your required services today

 

Cheap Monthly SME Accounting Services for your business needs

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