Kota Kinabalu: Businesses in Sabah and Malaysia are reminded to prioritise cash flow over profit in this trying time of pandemic restriction measures, with many firms reporting a drop in business up to 80 per cent.
Stay up-to-date by following Daily Express’s Telegram channel.
Daily Express Malaysia
“With unclear direction, how long can your company stay afloat? Society is changing fast. Business needs to change with it. Consider gaining profitability at lower operation costs. For example, reduce workforce by 25 per cent or more, but preserve your core team. Consider reducing losses, control costs to breakeven sales, and improve profit margin,” exhorted G&A Space founder Dato’ George Lim
(pic) on Tuesday, June 8.
ADVERTISEMENT
Dear Daily Express reader,
Ever since 1963, before the formation of Malaysia, The Daily Express has kept the public well-informed as well as helped shape Sabah & Labuan's development for 60 years.
By subscribing you are supporting many of our award winning journalists - the first newspaper to win the Prime Minister's award for excellence in Journalism - who work tirelessly to bring you the facts and news that matter.
We are also the only newspaper to achieve a world scoop in the Nick Leeson saga in 1995.
Your subscription helps to hold those in power accountable. Subscribe today to support exclusive, local and independent journalism.
Subscriber Log-in here Subscribe now To unlock this article sign in here
.jpg "‘Prioritise cash flow for biz solvency’")
