BILL DISCOUNTING – HOW CAN SMEs BENEFIT
Bill discounting or invoice discounting is the chance to borrow the sanctioned amount of short-term based funds from a lender on the outstanding invoices that the borrower holds. Small or medium-sized businesses require such funds to continue meeting their daily needs. Let’s take an example from our daily schedule of excessive outstanding in some cases. […]
THINGS THAT SMALL BUSINESSES CAN ADOPT FROM LARGE CORPORATES
Small business owners often dismiss certain best practices, processes, technologies etc. as not being relevant in a smaller ecosystem. They may have created a handicap for themselves with this thought process. Over my years coaching SME business owners and Startup founders, I have identified a few things that small businesses can adopt from large corporates. […]