by Willie Tan | Sep 7, 2025 | Glossary
Starting a business often brings to mind investors, venture capital, or large bank loans. But not every successful company began with outside money. Many businesses have been built from the ground up through bootstrapping—a strategy where founders use personal...
by Willie Tan | Sep 7, 2025 | Glossary
B2C, or Business to Consumer, refers to the process where a company sells its products or services directly to individual customers rather than to other businesses. It is the most common business model most people encounter in their daily lives—covering everything...
by Willie Tan | Sep 7, 2025 | Glossary
B2B, or Business to Business, describes transactions, products, or services exchanged between two businesses rather than between a business and individual consumers (B2C). In this model, one company provides goods or services directly to another, often to support its...
by Willie Tan | Sep 7, 2025 | Glossary
Asset-Based Lending (ABL) is a type of business financing where a loan is secured by the company’s assets. Instead of relying primarily on cash flow or credit history, the lender uses collateral—such as accounts receivable, inventory, equipment, or real estate—to...
by Willie Tan | Sep 7, 2025 | Glossary
An angel investor is an individual who provides financial backing to early-stage startups or entrepreneurs, typically in exchange for equity (ownership shares) or convertible debt (a loan that can later be converted into equity). Key Characteristics Source of Capital:...
by Willie Tan | Aug 19, 2025 | Glossary
A general partnership in Singapore is a business structure where two or more individuals or corporations, up to a maximum of 20, agree to carry on a business together to make a profit. It’s one of the simplest ways for multiple owners to set up a business....
