With the rising trend of food delivery apps, Quick Service Restaurants (QSR) are emerging all over Singapore. Customers have grown used to receiving fast and efficient service. As such, in order to maintain a steady flow of customers, the food industry needs to adapt to the current pace of business as well. This is especially […]
Without a doubt one discipline that all retail owners have to master is inventory management. Proper inventory management will prevent “out of stock” situations, help you to identify performing products and even deter or prevent theft of stock. A huge part of an excellent inventory management system is your inventory report. In this article we […]
With the coronavirus infection rate increasing rapidly, many countries have felt the effects of the pandemic. Singapore as a whole has managed to keep a tight control over the situation. But it is far from over, we all have a part to play in order to keep the virus from spreading. As such, here are […]
A well trained cashier can heavily change the customer experience. Having a great cashier shows off how a company does business and is a representation of a company’s image. As such investing your time in honing your cashier helps ensure your business runs smoothly. Here are 3 ways to help you do so! Understanding of […]
Innovations have continually improved existing technology and constantly changed the way we do business. For retailers and restaurants in Singapore, many are shifting to a Cloud based Point of Sales (POS) system because of the benefits it offers. What is a Cloud POS system? To begin with, Cloud is just another way to say the […]
Singapore retailers and F&B businesses have been feeling the effects of the COVID-19 outbreak ever since Singapore raised its DORSCON alert to Orange. With a lack of positive news so far, it is a tough situation to be in if you’re a business owner. But adversity also provides the opportunity to learn. Here are three […]
Whether you’re a local start-up or large company every manager abides by a simple rule. Maximise Profit and Minimise Cost. One of the key ways many local businesses minimise cost today is to utilise the government grants that are available in the market. If you’re a local retailer in Singapore, this is one of the […]
Many Singaporeans are celebrating their $300 “ang pao” after yesterday’s Budget 2020 speech. However, for local retailers there are even more reasons to be happy. Below are three important takeaways from the 2020 budget statement if you’re a retail owner. 1. Develop Your Employees With the aim of growing Singapore’s economy and creating opportunities for […]
There are numerous aspects when operating a retail or food and beverage (F&B) business. Such businesses call for a wide range of skills, ranging from administrative, management to marketing. No doubt it is a daunting ordeal. Not only will you need to juggle these tasks but your team will need to do it well to […]
Operating a business require you to take several roles outside of being a business owner. You will need to handle administrative, marketing and operations. To not stretch yourself too thin, you will need to delegate certain tasks to others. Such help does not limit itself to the actual workforce, but it also extends to implementing […]