Dear Valued Customers,
What a year it has been and how quickly 2020 has gone by. It has certainly been a challenging time with the COVID-19 pandemic, but we should all be proud of how well Malaysians worked together to overcome the economic challenges.
That being said, December is going to be yet another month with plenty to look forward to.
ACCA Accounting and Business Magazine
Can businesses grow during the pandemic? In an interview with the Association of Chartered Certified Accountants’ (ACCA) Accounting and Business (AB) Magazine, I explained 3E Accounting’s bold decision to expand into Hong Kong this year. Many would see opening a new business in COVID times as a very risky move, but I was confident about the business environment in Hong Kong. I highlighted the importance of investing in technology to ensure business continuity in the next normal business environment enforced by COVID-19. I believe that was the biggest success factor behind our Hong Kong expansion.
Malaysia Becomes a Global Accounting Hub
Malaysia is growing rapidly to compete globally with many multinational companies considering Malaysia as the base for their accounting and finance functions. The rise of the Global Accounting Hub means more opportunities for local businesses to benefit from service contracts from global companies.
Maximising the ROIs of SMEs
Accounting software can be costly, but it can make a major difference in the ROIs of an SME. Small businesses are usually hesitant about purchasing an accounting software given the hefty price tag. However, the right accounting software can be a wise and significant investment for SMEs.
Acquiring an accounting software in the company helps to simplify business tasks and procedures while maximising the ROI by ensuring accurate accounting records. Once you recognise the benefits it can bring to your company in the long run, you would appreciate what a good business decision it was.
In 3E Accounting Malaysia, we are an accounting system service provider which aims to help SMEs grow your business. Get in touch with us at [email protected].
Corporate Secretarial Firms Have an Important Role to Play in Malaysia
Every company needs a Company Secretary. This is a requirement of local Malaysian laws. However, hiring for the role can be a challenge for start-ups and businesses that are still growing. Why not consider corporate secretarial firms who can be very beneficial for your business? With corporate secretarial firms, you do not need to go through the hiring process, you save money that you would spend trying to source the perfect applicant. You do not have to pay for the salary or any benefits. Plus, the services already are affordable, and the workers have all the skills. Other benefits when it comes to the budget are transparency and flexibility. At 3E Accounting Malaysia, we provide the best corporate secretarial services to meet your needs. To find out more, email [email protected]
Until next year, stay safe and Have a Happy New Year!
Lawrence Chai
Founder, 3E Accounting Group
Read More in our E-Newsletter December 2020