Category Archives: Funding

Chinese Banks courting Microbusinesses

Businesses along a street in China.

Small and microbusinesses are becoming more sought after by Chinese banks as they attempt to build their business base, reports China Daily.   With competition increasing, this strategic shift is now becoming in vogue, especially with smaller or newer banks.

The term “client sinking” is the new parlance, meaning that rather than nurturing high-profile large companies, the industry is looking to medium, small and micro businesses, said Ba Shusong, a banking expert with the Development Research Center under the State Council, China’s cabinet.

Getting Your Wholesale Business Started

The setup process of a wholesale business may be difficult for those who have no previous experience in the field, but it is one of the cheapest and easiest businesses to start. One can consider numerous different options. While some wholesale businesses need stock and physical premises, some others can be operated entirely online, without the need to pre-purchase the items on the inventory. This means that you can start your own wholesale business easily, quickly and with barely any capital investment. Here are a few things you must consider before setting up your enterprise.

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