Author: raaqil

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How to Read and Understand Financial Statements

How to Read and Understand Financial Statements An ability to understand the financial statements of a company is one of the most critical skills for aspiring entrepreneurs, business managers, investors, and audit firms to develop. Armed with this ability, investors, business managers and entrepreneurs have a better chance of identifying promising business opportunities while avoiding[...]
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Amazon Report on e-commerce Export Opportunities for Singapore MSMEs

Amazon Report on e-commerce Export Opportunities for Singapore MSMEs The value of B2C (business-to-Consumer) e-commerce exports by Singapore is estimated to be around $1.03 billion in the year 2021, according to a report by Amazon. The report states that if MSMEs (micro, small and medium-sized enterprises) increases their use of e-commerce for selling their products[...]
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How to Manage Your Business’s Profit and Loss

How to Manage Your Business’s Profit and Loss A profit and loss statement provides information about an entity’s financial performance over a given period of time. Having the ability to read and understand financials (including the Profit and Loss statement) helps in reducing unnecessary expenses and increasing profitability. Profit and loss management is the process of[...]
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Best Financial Reports for Small Businesses

Best Financial Reports for Small Businesses For a business to succeed and be sustainable in the long-term it is highly important for it’s owner to have access to the appropriate financial documents and financial reports which will ultimately help the owner in assessing the business’s financial position and performance. Today, we’ll be discussing some documents[...]
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