Sat.Feb 22, 2025

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Multi-Channel Sales Accounting: How to Track Revenue Across Multiple Platforms

Counto

Multi-Channel Sales Accounting: How to Track Revenue Across Multiple Platforms Expanding your business across multiple sales channels can boost revenue, but it also brings accounting challenges. Managing income from different platformswhether an e-commerce store, marketplace, or direct salesrequires a structured approach. Heres how you can effectively track revenue across multiple platforms while ensuring compliance with Singapores regulations. 1.

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4 Common Reasons Small Businesses Fail And How to Avoid Them

Counto

4 Common Reasons Small Businesses Fail And How to Avoid Them Launching a small business in Singapore is an exciting venture, but sustaining success requires more than just enthusiasm. Many business owners face unforeseen hurdles that can jeopardise their operations. The key to long-term growth lies in recognising these challenges early and addressing them effectively.

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5 Smart Ways to Keep Business and Personal Finances Separate as an Online Seller

Counto

5 Smart Ways to Keep Business and Personal Finances Separate as an Online Seller Managing your finances effectively is crucial for building a successful online business. A key aspect of this is maintaining a clear distinction between your business and personal finances. This practice simplifies accounting, streamlines tax filing, and enhances financial decision-making.

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How Automation is Changing Accounting for Small Businesses

Counto

How Automation is Changing Accounting for Small Businesses The rise of automation is reshaping how small businesses in Singapore handle accounting. With evolving regulatory requirements, increasing digital adoption, and growing financial complexities, leveraging technology is no longer optionalits essential. Automation helps businesses streamline compliance, improve efficiency, and make smarter financial decisions.

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Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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The Role of Bookkeeping in the Growth of Small Businesses in Singapore

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The Role of Bookkeeping in the Growth of Small Businesses in Singapore Bookkeeping is the backbone of a well-managed business. For small businesses in Singapore, maintaining accurate financial records is not just about complianceits a crucial driver of growth. Proper bookkeeping enables businesses to track financial health, make informed decisions, and ensure regulatory compliance.

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The Role of Nominee Directors in Strengthening Corporate Governance for Small Businesses in Singapore

Counto

The Role of Nominee Directors in Strengthening Corporate Governance for Small Businesses in Singapore Corporate governance is essential for the success and sustainability of any business. In Singapore, many small businesses appoint nominee directors to meet regulatory requirements while ensuring smooth operations. A nominee director plays a crucial role in maintaining compliance, protecting stakeholders interests, and upholding strong corporate governance practices.

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Nominee Director Resignation: What It Means for Your Business and How to Stay Compliant

Counto

Nominee Director Resignation: What It Means for Your Business and How to Stay Compliant Nominee directors play a crucial role in ensuring a company meets regulatory requirements, particularly for businesses with foreign ownership in Singapore. But what happens when a nominee director resigns? Business owners must act swiftly to stay compliant and avoid legal repercussions.