20 February 2018 Josephine
Top 5 Things to Account for as a Retailer
With greater challenges in market for small retailers, business owners might consider taking stock and selling their shop to their larger competitors. Yet despite these obstacles, the Asia Pacific region has a retail industry that is expected to grow by 2 trillion USD in next 4 years going into 2022.
So, how can you stay in the game as the small player to grow your retail business? Are you feeling anxious from the competitions with juggernauts like Amazon gradually creeping into the Asia Pacific market?
Below we help you tackle the top 5 problems that small retailers face.
14 February 2018 Josephine
Why Join Marketplace?
The online marketplace has become much busier than it used to be. According to Euromonitor, internet retailing enjoys significant growth in Philippines with current value growth of 17% in 2016 valuing over PHP 28.1 billion. Large businesses such as Lazada, Zalora and Amazon creates their own e-marketplace to boost their online presence. With that, we recently launched Financials 365 Marketplace to allow business owner to find either Financials Customer or Financials Service Partner.
07 February 2018 Josephine
Keeping your Monthly Accounting on Track?
With the sheer number of daily tasks to do when you are running your own business, it is easy to lose sight of the bigger picture and lose track of your business. This is where a monthly checklist would come in handy to help you refocus your effort. This way, you can achieve your long-term objectives effectively. We discuss 5 Key areas to check every month.
24 January 2018 Josephine
Top 5 Things to Account for as a Distributor
Most companies in Australia rely on distributors or wholesalers to represent their business in international and local markets. This two-way trade in goods and services was worth over $735 billion in 2016–17 in Australia. This creates a vital component of Australia's economic prosperity.
Being a distributor or wholesaler is exciting as there would be lots of ups and downs. It's important for you to accurately account for purchase, inventory and sales process. As such, below we provide you 5 quick things to look out for if you are in this industry.