As SMEs face increasing operational and financial challenges, what can these cash strapped companies do to survive and stay ahead?

Howie Lim gets insights from Koren Wines, managing director for Asia, Xero.

Synopsis: The Business Times Podcasts channel showcases niche series Money Hacks, Mark To Market, WealthBT, PropertyBT, Market Focus and sponsored series.

This episode is brought to you by Xero.

Highlights:

01:21 Perennial challenges SMEs face

03:39 Cash is still king; combatting cash flow issues

06:19 How to overcome resistance to tech adoption

09:24 Solutions SMEs should utilise

12:01 Imperative SMEs become independent

13:12 Xero’s Beautiful Business Fund

More about:

Xero Beautiful Business Fund main page

Xero Beautiful Business Fund sign-up page

Judges of the Xero Beautiful Business Fund

Written and hosted by: Howie Lim (howielim@sph.com.sg)

With Koren Wines, managing director for Asia, Xero

Edited by: Howie Lim and Claressa Monteiro

Produced by: Howie Lim

Engineered by: Joann Chai Pei Chieh

Executive producer: Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

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Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. 

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Discover more BT podcast series:

BT Money Hacks: bt.sg/btmoneyhacks

BT Mark To Market: bt.sg/btmark2mkt

PropertyBT: bt.sg/btpropertybt

WealthBT: bt.sg/btwealthbt

BT Market Focus: bt.sg/btmktfocus

BT Branded Podcasts: bt.sg/brpod

BT Lens On: bt.sg/btlenson