The end of 2015 has set the tone for a tough 2016 ahead, with the early months into 2016 confirming the general consensus of widespread cautiousness. What should businesses do in an economic lull? Think “guard” and “build” as we take you through questions and checklists when interpreting information to aid your decisions and to protect your business’ cash flow in order to weather over a period of uncertainty.

1. GUARD AND BUILD
HOWTO
YOURBUSINESSINCAUTIOUSTIMES
Using business intelligence www.dpgroup.com.sg

2. 01
MAKEINFORMED
DECISIONS
Base your due diligence on reliable and
comprehensive information.*
Is Company ABC a live or dormant
company?
What is their DP Credit Rating?
How much is their paid-up capital?
*QuestNet is an online portal through which credibility
checks can be conducted on an individual or a business
entity.
www.questnet.sg

3. 02
HAVECREDITCONTROL
MEASURESINPLACE
A. PRE-CREDIT SCREENING*
What are the credit exposure and financial
standing of the company like?
Have you done a character and
background check on the Director?
*The Individual KYC Check (FIC) helps users accelerate
their screening process, providing Real-time Identity
Verification checked across more than 1,200 data sources
from over 130 countries.
www.questnet.sg

4. 02
HAVECREDITCONTROL
MEASURESINPLACE
B. ACTIVE MONITORING*
Are there any signs of potential default
among my customers?
Are there any significant law suits that
they are involved in?
*The Credit Monitoring Service (CMS) provides alerts by
observing new and developing credit and/or litigation cases
of individuals and companies.
www.questnet.sg

5. 02
HAVECREDITCONTROL
MEASURESINPLACE
C. RECOVERY*
Explore alternative measures for recovery
like skip tracing.
When all else fails, perhaps consider a
negative list posting (blacklist).
*Datapool (S) Pte Ltd, an arm of DP Information Group, is
one of Singapore’s most experienced debt management
agencies, assisting corporations recover domestic and
international debt.
www.datapool.sg

6. 03
STAYABREASTOF
MARKETSENTIMENTS
ANTICIPATE SHIFTS*
Arm yourself with information-packed
tools to help you keep up with what’s
happening.
Pulse businesses outside of your industry
or business core.
*DP Info develops and manages market surveys for a
broad variety of corporations, institutions, associations and
government bodies. These include the annual SME
Development Survey and the SBF-DP SME Index.
www.dpgroup.com.sg

7. DIFFERENCE
BE HEARD.MAKEA
PARTICIPATE INDPINFO’S UPCOMING SURVEYS
Reach out to
research@dpgroup.com.sg
COMING SOON
SBF-DP SME Index 3Q4QF 2016 | 14TH SME Development Survey