Incorporation & Bank Account for a Foreigner
Set up a Hong Kong company and corporate bank accounts to streamline currency exchange and local payments.
Operational restructuring and pricing adjustments transformed a loss-making transport company into profitability.
A Hong Kong transportation company leasing multiple trucks was consistently incurring losses after operational costs without clear reasons.
“Operational restructuring and pricing adjustments transformed a loss-making transport company into profitability.”
We analyzed operations and recommended reducing the fleet to improve utilization, cutting fixed costs, adjusting pricing, proposing structured customer payment schedules, and improving management and staffing incentives.
After implementing the strategies, the company shifted from losses to profitability.