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Financial Crisis Management for SMEs

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Businesses of all sizes are facing tremendous financial challenges. Is there a better way to manage our finances during a crisis? Are there more effective methods of getting a business loan approved?

I am looking forward to hosting this free community webinar where Alfred Chia and James Leong C. Foo will address burning financial questions and share insights and tips to improve your business and personal finances in these challenging times.

Financial Crisis Management for SMEs , a UNACOV Business Webinar series

Date: Wednesday 3rd June 2020

Time: 17:00-18:00 (GMT+8)

Free Signup

Log-in details will be emailed to you by 14:00 on the day to your registered email. Please do check your junk or spam mail folder in case you can't see it.  Do sign up even if you cant join at this timing, the replay link will be emailed to you after the event.

Synopsis

With the current COVID-19 situation, many SMEs face an uncertain future. Global safe distancing measures and supply chain disruptions result in a drastic reduction of demand from customers and slow payments. On the other hand, fixed overheads like rental, employee salaries, loan instalments and suppliers must be paid. Cash flow issues, if not resolved immediately, could lead to bankruptcy.

Fortunately, the government has shown strong support and unleashed numerous measures to help companies defer rent, loan repayment and defray wages. New lending schemes are also devised to help viable SMEs remain in business.

In this webinar, two financial experts will share with you useful insights and tips to improve your business and personal financial situation in these challenging times.

● How to tap on government support measures

● What do banks look for when lending

● How to show you are a viable business 

Personal financial management in uncertain times

Your Facilitators: Alfred Chia and James Leong C. Foo 

Alfred Chia is the CEO of SingCapital which is a Financial Advisory firm licensed by the Monetary Authority of Singapore (MAS). He is currently serving as the President of Financial Planning Association of Singapore (FPAS).

He has more than 25 years of experience in the financial advisory field serving both Individuals and Corporations. He also sits on the board of various real estate funds as independent director and advisory board member.

As an ardent believer in the power of education, Alfred strives to share his knowledge through as many conduits as possible. He is the Creator and Chief Trainer for the popular program, 'Singapore Accredited Mortgage Planner', for real estate and financial professionals.

Alfred’s passion to share has also prompted him to author 3 books, ‘Mortgage and Grow Rich’, ‘Grow Rich Singapore Style’ and ‘Last Wishes’.  The books are dedicated to holistic financial planning towards financial well-being. 

James Leong C. Foo is an Adjunct Professor, National University of Singapore. He is a very passionate financial educator and Founder of Visions One Consulting, a learning and development company which empowers organisations and individuals through financial management education.

James teaches Finance to Non-Finance professionals through corporate engagements and public workshops in collaboration with NUS School of Continuing and Lifelong Education SkillsFuture program: Financial Analysis and Business Decisions for Non-Finance Managers

He is also  a Certified Speaking Professional - the speaking profession’s highest earned international measure of professional platform competence, recognized by Professional Speakers Australia and National Speakers Association of America. 

A distinguished Toastmaster, James engages his audience using humour and creative financial storytelling techniques to simplify complex financial information


About UNACOV

United Against COVID-19 (UNACOV) is an AIM initiative, bringing together a coalition of Partners in a united effort to help those adversely impacted by this pandemic in Singapore, in particular, entrepreneurs, small business owners, the unemployed and in-transition PMETs, as well as public healthcare workers. 

The events are a series of programs to help these individuals overcome the many challenges, and emerge from the crisis stronger and more resilient.
Our three program pillars are: Business Crisis Management, Career Resilience and Personal Well-Being.
We will also offer one-on-one mentoring and coaching support (starting in June):
- If you are interested in becoming a volunteer mentor, please register here.- If you are interested in being mentored, please register here.Find out more here

About Asia Institute of Mentoring 
Asia Institute of Mentoring (AIM) is a non-profit organization with a mission to bring mentoring to the fore in Asia, raise the quality of mentors and up the standard of mentoring, bringing mentoring to all facets of the society to impact millions of lives.