In Singapore’s competitive retail environment, cashflow is king. While digital payments are growing, cashflow remains the backbone of every retail business, enabling you to cover daily expenses, manage demand fluctuations, and weather financial uncertainties. Here’s why cashflow matters — and how Yusra can help you stay cashflow positive by letting you accept payments upfront or in advance.
Why Cashflow Matters for Retail Businesses
- Covering Daily Expenses
From staff salaries to inventory costs, businesses need steady cashflow to operate smoothly. According to OCBC Bank, 43% of SMEs in Singapore struggle with cashflow management, which can hinder their ability to pay bills or invest in growth. (OCBC SME Survey 2023) - Dealing with Payment Delays
Late payments from customers or suppliers can create major cashflow gaps. A report by Experian found that 30% of SMEs face cashflow disruptions due to delayed payments. (Experian SME Financial Health Index 2023) - Rising Operational Costs
Retailers are also facing higher operational costs, with retail prices rising by 2.5% year-on-year as of 2023. This makes cashflow management even more critical for covering rising expenses. (Singapore Department of Statistics, Retail Price Index 2023) - Managing Seasonal Fluctuations
Retailers face seasonal peaks and troughs. For example, tourism-related retail spending in Singapore increased by 7% in 2022, underlining the importance of being financially prepared for busy seasons. (Singapore Tourism Board Retail Statistics 2022)
How Yusra Helps You Stay Cashflow Positive
Yusra helps you stay cashflow positive by enabling you to accept payments upfront or in advance for services and products, ensuring you have the cash you need when you need it.
- Upfront Payments = Predictable Cashflow
With Yusra, you can collect payments before delivering products or services. This helps businesses avoid cashflow disruptions and plan finances with more certainty. - Financial Flexibility for Seasonal Demand
Advance payments allow businesses to be better prepared for seasonal peaks, ensuring you have the liquidity to stock up, hire extra staff, or cover operational costs during busy periods. - Simplified Integration
Yusra integrates easily with your existing payment systems, making it simple to offer advance payment options to customers without disrupting your workflow.
Conclusion: Cashflow is King, and Yusra Keeps it Strong
For retail businesses in Singapore, cashflow is essential to survive and thrive. With Yusra, you can secure upfront payments, reduce financial uncertainty, and keep your cashflow positive — no matter the season or challenges ahead.
