One of the first things people think of when thinking of the word “business” is an office! The common scene is people wearing suits and ties to a tall office building. Well, it does not have to be that way! There are different types of work environments. Many startups nowadays don’t do the whole formal attire thing and have their employees wear informal attire to work. It’s all up to you, really.
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Starting a business naturally comes with a lot of risk, even in a country with a thriving startup ecosystem like Singapore.
In this article I will outline the risks that entrepreneur commonly face. Some of them are specific to businesses in Singapore.
On a previous post, we talked about the top 5 incorporation services (online plus offline) in Singapore. On today’s post, we will be talking about the best online incorporation services in Singapore specifically. An online incorporation service make use of technology such as e-signature and digital forms to complete the entire registration process online. This […]
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Keeping track of your company’s finances meticulously is crucial to achieving your goals and for tax purposes. However, we understand that this may be a daunting process, especially for first-time entrepreneurs. Hence, we have prepared these 5 accounting tips to help you stay on top of your company’s finances. 1. Have a sound […]
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If you are thinking, “I am going to find the perfect idea to start my business!”
Stop.
Many people want to start their own business, but they spend so much time thinking of a perfect idea on which to base their business. News flash. The perfect idea does not exist. Sure, once in a while, you come across some company in the news, that sparks this question in your mind.
Singapore is a highly urbanized place that attracts foreign investors on the strength of its stable currency, vibrant investment & corruption-free climate, and tax benefits. Many of them prefer to start their business by registering a private limited company. A private limited company (Pte Ltd) is a business structure that offers limited liability. It has […]
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The ACRA Singapore has been improving its regulatory framework for years now to bring more accountability to registered companies. The Accounting and Corporate Regulatory Authority (ACRA) works actively in Singapore to improve the business environment so that companies may flourish and thrive. The ACRA is the governing body that regulates Corporate Service Providers (CSPs), public […]
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Being your own boss… Have you ever wondered about it? Sometimes we just have to admit it. Working for others just suck. You feel that having your blood, sweat and tears exerted to fill somebody else’s pockets is not the most desirable of situations. Perhaps then you think..
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Let’s face the truth. Not everybody is born with the traits required to become a successful entrepreneur. It’s not an easy road and you need a certain set of skills to navigate this rocky path. But the good news is that this skills can be trained and built up over time if you put in the hard work and dedication. Without further ado, let us dive in.
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Singapore consistently ranks as one of the best countries in the world for living. Many believe these rankings stem from the multicultural way of life or from the bustling economy. In fact, many consider Singapore’s financial sector to be one of the most competitive in the world as well. The city state is already one […]
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