What We Can Support
BUSINESS ADVISORY:
Improving Cashflow; Improving Business Process; Business Plan/Proposal; Buying/Selling a Business; Funding a Business (Fund Raising, Grant Application etc).
CORPORATE SERVICES:
Accounting; Taxation/GST; Payroll; Work Permit/Employment Pass; Company Secretary; Outsource CFO.
TRANSACTION SERVICES:
Financial Due Diligence; Valuation; Restructuring; Turnaround; Bespoke Management Consulting.
TECHNOLOGY
We leverage on technology and cloud computing to enhance our services and reduce our costs. We use cloud accounting software with AI and machine learning capability to improve our efficiency and pass the cost savings to you.
We specialise in cloud accounting softwares, such as Xero, commonly known as beautiful accounting software. Specifically designed for small business and SME, Xero is supported by 700+
business software on the cloud (including HR/payroll, inventory management, Point-of-Sales, CRM software etc) which can be integrated with Xero accounting function to create a seamless integrated enterprise resource management system.
This allow scalability of backend business support infrastructure, reduce paper work and enable business to be conducted on the move and real time information available at anywhere, any time as long as there is internet access.
This allow scalability of backend business support infrastructure, reduce paper work and enable business to be conducted on the move and real time information available at anywhere, any time as long as there is internet access.
INSIGHTS
A typical successful business goes through various stages
from Seed, Start-Up, Growth to Maturity.
Each of these stages has its unique set of characteristics and challenges.
It starts with seed, when an idea of providing a service or a product is conceptualised. The idea begins to take form and shape when it is being converted into a business plan. However, an idea will only look and sound good on paper until the risk is taken, that is when monies are invested and the business plan gets executed. At that point, the business is born.
During the start-up phase of the business, the entrepreneur typically focuses on bringing home the bacon. Other aspects of the business are often not given as much attention due to lack of resources or time. As a result, when the business moves on to the growth stage, it will find that there is lack of backend business support and proper management system (such as financial reporting, budgeting, cashflow, trade debt collection and inventory management etc.) that it can keep up with the growth of the business.
The flaws in management systems that develop over time begin to stifle business growth. The business experiences inconsistent product or service quality and logistical bottlenecks. Leakages begin to surface and performance of business not accurately monitored. The lack of systems that used to work during the start-up phase is now draining valuable resources and affecting the productivity of the business.
Eventually a tipping point will be reached when these "cracks" cause the business to lose its momentum. In extreme cases, the entire system will collapse under its own weight. "Growing pains" become a cliche in these organisations. It becomes a necessity, for continuing survival's sake, to manage the business growth in a manner that will allow the business to reach the established stage in the least painful way. Fortunately, we have ways, tools and good practices to accomplish this objective.
Finally, we end with a famous quote of wisdom:
''Seeking development (business) in a steady state, but not forgetting to establish stability (backend business support) during development''
--- Li Ka-Shing ---
Contact Us
ASHOKA TREE ASSOCIATES PTE LTD
Address: 51 Cuppage Road, #06-19
Postal Code: Singapore 229469
E-mail: contact@ashokatree.com.sg