- BusinessClass
- Insights
- Good Money Habits for Businesses
Good Money Habits for Businesses
More Transformation, Less Limitations
- BusinessClass
- Insights
- Good Money Habits for Businesses
Good Money Habits for Businesses
More Transformation, Less Limitations
Strong money habits build strong businesses.
From managing cash flow to staying ahead of trends, running a business takes more than just passion. It takes smart decisions, day in and day out.
That's where we come in. Explore practical business banking tips designed to help you start strong, grow steadily, and go further. Add our strength to yours.
Follow us @dbsbusinessclass to get the latest tips and insights delivered to your socials.
One of the first steps to running a successful business is separating your personal and business finances. A dedicated business account helps you stay organised, track cash flow easily, and look more professional to clients and suppliers.
It gives you access to business tools, financing options, and insights tailored to your needs. It also makes things easier during tax season.
Set your business up for success from the start.
MYTH | FACT |
---|---|
I can just use my personal bank account for my business. | Business accounts help keep personal and company finances separate — crucial for audit, tax filing and credibility. |
With the DBS Business Multi-Currency Account, you can manage your finances anytime, anywhere.
Getting paid on time keeps your business moving. With smarter, more efficient ways to collect payments, you can say goodbye to manual tracking and late invoices.
From digital payment links to automated invoicing tools, we have the solutions you need. Our solutions are designed to help you collect faster, track easier, and stay in control of your cash flow because we know — the faster you cash in, the faster you can grow.
Make getting paid the easiest part of doing business.
MYTH | FACT |
---|---|
Cash is king. Collecting cash gives me the most convenience. | Digital beats cash with speed, transparency, and easier reconciliation. |
With DBS IDEAL, you can manage all your payments and collections seamlessly at your fingertips.
Getting your business online isn’t just a trend — it’s a game changer. Whether it’s setting up an e-commerce store or promoting your brand on social media, going digital helps you reach more customers, anytime, anywhere without incurring the overheads of a physical store.
Businesses can scale sustainably and meaningfully with access to funding, loans and trade strategies to scale quickly, roll out new ideas, and tap into new markets.
Go digital, take your business further than you imagined.
MYTH | FACT |
---|---|
I need my company to be big before going online or doing e-commerce. | Many small businesses grow faster by starting online, you can start selling digitally today. |
With DBS MAX, you can set up your online check-out effortlessly to accept multiple payment modes from cards to QR payments.
Taking your business online opens up exciting growth opportunities. But as we go digital, we’ve got to #BSMART and #BSHARP too.
That means putting the right safeguards in place to protect your business accounts — from using strong passwords to staying alert against phishing scams.
#BSMART, #BSHARP
MYTH | FACT |
---|---|
Scams only happen to individuals and big businesses. | Many small businesses grow faster by starting online, you can start selling digitally today. |
Want to stay up-to-date with the latest scam tactics? Read about security tips to protect your business online here. You play an important role in securing your banking transactions.