To start, Singapore is a free-market economy. This means that good and services are priced based on the willingness of the consumers, not the government. Supply and demand are not intervened at all by the government either. Free Trade When it comes to free trade, Singapore is known as the most open in the world. […]
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Every new entrepreneur has one thing in common—the need for money. A popular way to gain capital for your startup is to recruit investors. Whether you are pitching your company to a friend, an associate, or a complete stranger, these eight simple tips will help ensure that investors will be interested in your business. 1. […]
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When you are incorporating your company, you have to select your business structure. It is paramount that you understand what each business structure entails and the advantages and disadvantages of each of them. In this article, we will help you examine the three main business structures and aid you in making the correct decision for your business.
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All set and ready to go? The next step would be to make it all official by incorporating your business and turn it into a legal entity! But you may have a question in mind. Why should I incorporate my business? Why can’t I continue doing business without incorporating it? Well, in this article, we […]
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Becoming an entrepreneur means building a business from the ground up. Although starting a business from thin air is rather impossible, it seems as though new companies are launching every day. How do entrepreneurs establish their business before it even exists physically? The answer is by creating an online presence. Creating an online profile for […]
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Becoming an entrepreneur is one of the most exciting journeys a young professional can take on. In fact, seeing your vision develop into a business is a rewarding accomplishment for aspiring business owners. Finally seeing your own products or service on the market is a milestone that many professionals hope to reach. However, the staircase […]
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Marketing. We hear it all the time. We may dislike doing it, but it’s still something that is extremely important for our businesses. So, one way or another, we have to do it to grow our business.
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We start with website development! Every company nowadays need a website. To not have a website is almost like paying a hefty penalty from the beginning because all your competitors will have website. Having a website will improve your chances of being discovered by potential customers and also makes it simple for people to find more information about your company. Therefore, it is extremely crucial that entrepreneurs have a website for their business, and they should have one up and running as soon as possible!
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You have successfully incorporated your company and are ready to start running your company! You have embarked on the entrepreneurial journey! What comes next is debatable. As an entrepreneur starting out, you must feel overwhelmed by the sheer amount of things you have to do. You have to go out and get some sales.
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It is crucial that you make sure you have the right business idea before you go ahead and start your business. In my previous post, I detailed the absolute need to not dwell on coming up with the perfect business idea. Yes, you do not need to have the perfect idea because it does not exist but you do need to possess the right idea for yourself.
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