Tag: business growth
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“If the stock is stuck, our cash is stuck.”
Two book lovers named Shannon and Mike fell in love with the idea of starting a bookshop together in 2009— and they did it. Ten years later, their shop is an iconic destination for other book lovers, and they even started a second brand. Shannon walks us through the life of a business owner in…
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Expand your small business gradually
Turning a hobby into a retirement business “This is just a way to pass my old age.” Salim Buang is in his 60s and turned his hobby into a small business after getting retrenched during the 2008 economic crisis. His shop feels like a treasure trove of wooden crafts, jewellery, and collectable items that he…
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Doll Me Up (Chapter 4): Growing the business
It come as no surprise to learn that businesses are constantly reinventing themselves to stay relevant, where “brick-and-mortars” are becoming “click-and-mortars” and fresh strategies are needed to remain valuable. Those who cling stubbornly to routines from the past are quick to go extinct. A prominent businessman in Singapore, Dr Theyvandran, put it bluntly. “A business cannot stay stagnant.…
Shopkeeper Stories 