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Business Insight

Net Sales: Definition, Key Components, and How to Calculate It

Net sales are an important financial indicator because they indicate a company's actual revenue...

Break-Even Point: Definition, Example & How to Calculate

Understanding the break-even point (BEP) is critical for any firm seeking financial stability and...

Build to Order (BTO) Definition: Here’s a Complete Guide

As consumer expectations in Singapore shift towards greater personalization, businesses must adjust to meet...

What is a Payslip or a Salary Slip and Examples

Between 2021 and 2023, the Ministry of Manpower (MOM) in Singapore received an average...

Expense Management: Completely Guide for Businesses

Managing expenses isn't just about recording outgoing transactions; it's also about ensuring that those...

Revenue Management Defined: Tips, Solutions, and More

In today’s fast-paced business world, many companies struggle to optimize their revenue. Pricing, timing,...

Safety Stock: What It Is, How to Calculate & Formulas

When managing inventory according to market demand, companies must pay attention to several factors...

What Is Inventory? Definition, Types, Strategies & Example

Effective inventory management is a crucial element in maintaining smooth business operations. Without the...

Operating Leverage: Meanings, Formula, and Its Examples

Operating leverage might feel complex, but the real difficulty is grasping how your cost...

What is Financial Leverage, and What are Its Advantages?

What if you could borrow money to boost your business growth, with the expectation...

What is an Environmental, Social, and Governance (ESG)?

You’ve likely heard the buzz about ESG lately, but what does it really mean...

The Key Difference Between Bookkeeping and Accounting

In business financial management, two functions are often considered similar but have fundamental differences:...

Procurement vs. Purchasing: The Key Differences Explained

In the business world, the terms procurement and purchasing are often used interchangeably to...

What is Performance Management? A Comprehensive Guide

Performance management is often misunderstood, seen as just the yearly review. But it's so...

Guide to HR Compliance and Law Regulation in Singapore

In Singaporean businesses, compliance with human resources (HR) regulations is mandatory and key to...

What is Offboarding? How to Conduct it and its Process

Most companies spend a lot of time perfecting how they hire people. But what...

HR Strategy: What it is and How to Make One

In today’s fast-paced business world, an HR strategy is more than just paperwork. It’s...

Human Resource Planning: Definition, Types, and Processes

Human resource planning, or HRP, is often seen as just a fancy term for...

What is Employee Onboarding, and What are its Core Phases?

Getting a new employee started is about so much more than just a first-day...

What is a Customer Portal? Key Benefits and Best Practices

In today’s digital-first world, customers expect instant access and self-service options. They don't want...
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