An SME’s survival guide on overcoming COVID-19

An SME’s survival guide on overcoming COVID-19

Many businesses would agree that complying Movement Control Order (MCO) to shut down partial business activities can help to curb the spread of Covid-19. Larger businesses have a better chance of surviving with more cash flow at their disposal, larger retainer clients and, in many instances, a very strong digital presence to help carry them through the shutdown.

However, this isn’t all doom and gloom for the small and medium enterprises (SMEs). There are things you can do now to help and prepare for the next few months to come, while still ensuring income and stability.

Here are some tips on how […] Read more

SMEs and Gig Economy to bear the brunt of MCO

SMEs and Gig Economy to bear the brunt of MCO

The IT inductry is facing a difficult situation currently for businesses and employees, but it is particularly challenging for small and medium enterprises (SMEs) and those in the gig economy. While most of these smaller businesses and self-employed individuals would agree that the Movement Control Order (MCO) is necessary to stem the spread of Covid-19 in the country, but they cannot help but be concerned should it be extended beyond two weeks.

An owner of an engineering outfit that works on a project basis mentioned that his 20-man SME company will be fine working from home for two weeks of MCO. […] Read more