Business survival insights from homegrown SMEs

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With these new pain points, there needs to be a sustainable business strategy for businesses as they move into the post-Covid landscape.

THE small-medium enterprise sector was especially affected by the Covid-19 pandemic. And with a potential prolonged economic recession ahead, there’s no exact “expiration date” per se as to when the pandemic will end.

Let’s Talk is an addition to Maxis Business Spark – an umbrella programme designed to equip businesses with the right tools and knowledge to tackle industry changes in various sectors. So, what kind of new challenges would these budding businesses be facing? To answer that question, one of the major challenges SMEs have faced emerging in the post-Covid landscape is growing their business.Tealive chief executive officer Bryan Loo said that it’s doubly important to offer omni-channel options to consumers in the new normal.

As for Chin, myBurgerLab has curated a loyal customer base and has been slowly and steadily expanding their brand despite shifts in consumer habits due to the previous movement control orders. Kevin Lee also shares his experience with the challenges he has come across and what he has gone through with other family businesses in his seven years heading Maxis Business SME segment.

Audiences can learn from Farm Fresh chief executive officer and founder Loi Tuan Ee, and Nelson’s Group founder Datuk Seri Nelson Kwok. Titled The Right Fit in the New Normal, this webisode has Pestle & Mortar co-founder and chief vision officer Hugh Koh and Oxwhite founder CK Changr lending their expertise to the topic.

 

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