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Late Payment Culture in Malaysia: How to Protect Your Cash Flow

The average Malaysian SME waits 42 days beyond agreed payment terms to receive B2B payments, according to SME Corp Malaysia's 2024 Payment Practices Report....

AzrulRead time 8 minutes
Money

Why Most Service Businesses Underprice (and How to Stop)

A 2024 analysis by the Malaysian Institute of Accountants found that 62% of service SMEs price their services below what their costs and market position...

AzrulRead time 7 minutes
Money

Financial Dashboard: 7 Numbers to Check Every Monday Morning

A 2024 study by Xero (cloud accounting platform) found that small business owners who review financial metrics weekly are 33% more likely to be profitable...

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Money

How to Calculate the True Cost of Employee Turnover

The average employee turnover rate in Malaysia's service sector reached 23% in 2024, according to the Malaysian Employers Federation (MEF). Most business...

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Money

Dynamic Pricing for Services: Charging More During Peak Hours

Grab charges more during rain. Airlines charge more during holidays. Hotels charge more on weekends. Yet most Malaysian service businesses charge the same...

AzrulRead time 7 minutes