Assess viability of revenue streams, SMEs advised

SME Association of Malaysia president Datuk Michael Kang added that SMEs can no longer rely on the traditional ways of doing business, and should instead ensure that both online and offline operations are complementary to one another.

PETALING JAYA: Small and medium enterprises (SMEs) need to decide which revenue streams need to be rationalised or maintained amid the current challenging environment.

They also need to encourage new ideas from outside and within, as well as embrace technology, said Pemandu Associates Sdn Bhd chairman and president Datuk Seri Idris Jala.