Moving into the year 2021, creating opportunities for new jobs is vital as the current economics are still struggling to live through the devastating pandemic. The recovery process is predicted to be slow due to the lower demand for transportation services as travel restrictions are still taking place throughout the country. With the current vaccination program coming in, it is hoped that the economy could be revived and thus creating more jobs in the future. However, filling all those jobs lost may be a difficult process and may take some time.
Many small businesses have closed down and even big businesses have downsized due to substantial revenue and financial losses, logistics challenges as well as supply chain interruptions. Since retrenchment has affected many Malaysians, they have to find other jobs to survive, such as selling food online. Moreover, with the moratorium is ending, this could be the lowest point for many people as they have rent and bills to pay.
Nonetheless, jomSETTLE™ could help you pay your bills and expenses even with limited cash-in-hand. jomSETTLE™ allows you to make payment using your credit card for virtually any expense. With jomSETTLE™, business owners can pay their rent, supplier invoice, staff salary, and many more within a split second. Using your credit card to make the payment would be less expensive and quicker, rather than applying for loans which takes time to get approval, plus charges you with a high-interest rate. Reserve your cash for any emergency and use jomSETTLE™ as a new way of settling your payment.
This could potentially help you gain better control of your cash flow management. Using your credit card to pay bills and expenses will earn you rewards points, air miles, or even cashback and you can reserve your cash for future business expansion.
Managing your business cash float plays an important cash management role. Paying your supplier invoice, rental, or freelancer using your credit card could help you earn some extra days of cash float. Thus, use these extra days of cash float to pay back the money you spent. This could help you sustain your business and have the flexibility to control your cash flow better.
For more information regarding jomSETTLE™, visit www.jomsettle.com.
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