SMEs have it rough in Singapore. This ST report from 2017 shows more businesses closing down every year. Closure rate for retail in particular almost DOUBLES! People often cite the high rental costs in Singapore as the main problem. I disagree. If high rentals kill all businesses, then you won’t see any offices and shops occupied anymore. But there are plenty of people paying sky high rentals PSF and their business are doing VERY well. High rental is a problem, but it affects profitability more than scaling up. Building a

So a friend recently asked me to teach her data analytics and market segmentation for 2 very high-paying job interviews coming up. “Data analytics refers to qualitative and quantitative techniques and processes used to enhance productivity and business gain. Data is extracted and categorized to identify and analyze behavioural data and patterns, and techniques vary according to organizational requirements.” – Technopedia. Now, the thing about Data Analytics is that it’s really an approach/technique. You can’t teach it unless it’s specific to a particular case. Nonetheless, it’s a common question so

20 years ago, everywhere on Straits Times or TV, you’d see Channel 8 celebrities endorsing beauty salons. I predicted a decline in the beauty salon industry in an old article. We rarely see beauty salons advertising anymore these days. The only one recall seeing is that SlimFit advert of the rollerblading woman. But this industry has mostly already been replaced by Medical Aesthetic Clinics. Likewise, today, all signs point towards digital marketing as the future. Businesses want to start advertising. Students want degrees in it so they can secure good

A very frustrated business owner sent me this email last week: “Unfortunately, it was $2,300 per month for 9 months retainer. And I was still stuck at position 18-20 after that. But it is a very competitive niche in finance industry competing with high authority sites of banks. The reason why I engaged this guy was that he helped my friend who’s in same industry rank up no.3-4 for the same niche. He explained my failure as down to Google’s algorithmic changes. From what I see, the only thing he

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