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HeiKin Wong

Slow Scaling

What is Slow Scaling Slow scaling is known as the most balanced scaling method that enables business owners to have the aid of venture capital whilst still prioritizing their customers’ interests. Similar to bootstrapping, slow scaling a business also starts by building up the company with personal finances. What makes it different is that once

Bootstrapping

What is Bootstrapping Bootstrapping a business means to build it up with the owner’s own finances and to further grow it through the reinvestment of profits that the company generates. No external sources of funding are used. However, you could still technically be called a bootstrapper if you accept small sums of money from friends,

angel investment in japan

Angel Investment in Japan with Yuki Shirato

Subscribe to us on: Spotify┃Apple Podcasts┃Castbox┃Google Podcast┃Player FM┃Radio Public | YouTube Episode Summary Angel investment in Japan is becoming more popular, and in this episode of Scaling Japan we are joined by Yuki Shirato who is an investment lawyer that works in M&A and runs Yakumi.co, a Japanese angel syndicate that works with foreign companies.

japan market entry

Japan Market Entry with Virgin Cola and Dyson

Subscribe to us on: Spotify┃Apple Podcasts┃Castbox┃Google Podcast┃Player FM┃Radio Public | YouTube Episode Summary In this episode of Scaling Japan we are joined by Harry Hakuei Kosato, who was head of marketing for both Virgin and Dyson in Japan and is now the founder of Sushi and More, the largest sushi chain in India. He shares experiences

Tax Reduction : Bad Debts as Accounting Loss

This article was written by HeiKin Wong Accounts receivable and loans are often crucial components in a successful business. There are, however, times where collecting the amount due is simply impossible. While missing out on one or two payments may be fine for large corporations, the same cannot be said for small to medium businesses.

Tax Reduction: When to Incorporate Your Business

This article was written by HeiKin Wong Enjoying the fruits of a successful business as a sole proprietor in Japan can be great. What’s not so great is the tax you will have to turn over every year as the business grows bigger. This is when you might consider transitioning from a sole proprietor to a

Tax Reduction: Record Your Unpaid Debts as Accounts Payable

This article was written by HeiKin Wong Running a successful business requires various expenses. From employee salaries to rent to advertising costs, many services would require business owners to accrue liabilities in the process. While these liabilities might not be paid before the fiscal year closing date, they can still be counted as expenses in

Tax Reduction: Business Travel Expenses Rule

This article was written by HeiKin Wong. Even though the pandemic somewhat changed how Japanese businesses connect, in-person meeting remains the primary method of how business to business operation is done in Japan. This is especially the case if your business requires your employees to travel to different parts of Japan and beyond. Doing that

Tax Reduction: End-Term Bonus

This article was written by HeiKin Wong. When business is doing well, there are numerous ways business owners could share this news with their employees. One way which business owners in Japan could share this success is by distributing a bonus called 期末賞与 Kimatsu shōyo (government page in Japanese) / 決算賞与 Kessan shōyo (or end-term

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