Entrepreneurship

Business Licenses and Permits in Singapore: Which is for You?

Taking note and adhering to various compliance requirements and processes is important before setting up a business in Singapore. Being a “Fine City”, failing to conform often results in hefty penalties. Among the many, one key process that you may want to pay a little more attention to is checking the licenses or permits required […]

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Marketing & Branding: Are they the same?

Branding and marketing are two very different concepts. Having a good understanding of their differences and how to effectively apply the two concepts will allow you to take your business to the next level. Marketing Defined Marketing is the actions you take to connect with your customers and get them to buy your products or

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5 Ways to Make Accounting a Success For Your Business

Selling your fledgling accounting business is tough. It can mean success or failure for your business depending on whether you have a proper plan or system in place. Not sure where to start? Here are five tips you can take note of if you want to make accounting successful for your business. 1. Establish a

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In-house vs Outsourced Accountants – Pros and Cons

Having an accountant, be it in-house or outsourced, is no easy task. It can either make or break your business. Hence, it is imperative you consider all your options before deciding on which route to take. Undecided between the two? Here are pros and cons of each type of accountant for you to consider if

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5 Ways to Boost Your Start-Up

Starting a business is an uphill battle. To launch a start-up, you require a lot of organisation, which includes a solid infrastructure, strategic marketing plans, operations, and most of all, accounting. A lot of start-ups falter particularly due to lack of adequate attention to their financial and cost models. Basic accounting knowledge can help start-up

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How To Make Your Small Business Survive The Pandemic

With the COVID-19 pandemic continuing to take its toll on the world, small businesses are struggling to stay afloat. As little is known about the future of the economy post-pandemic, there are steps you can take to ensure your business adapts to the current reality. Here are some tips on how your small business can

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5 Common Reasons Why Start-Ups Fail

While the ongoing COVID-19 pandemic has indeed shown to have contributed to the downfall of many start-ups, it is not the primary reason for their failures. Here are the five common reasons why start-ups fail and what can be done by start-up owners to avoid these business pitfalls. 1. Problems in the Market A study

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Why You Should Incorporate a Company In Singapore

Singapore has been consistently ranked highly for how easy it is to start a new business in the country. The World Bank Group rated Singapore as the best country in the world in its “Doing Business” survey in 2016; the tenth consecutive year it has done so. In this article, we’ll take you through key

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How to Decide What Kind of Business to Start

At present, there are many people who are keen on starting their own businesses, even with the COVID-19 pandemic still raging on across the world. However, many people are unsure exactly of the kind of business they would like to start. This leads to many businesses failing as many entrepreneurs realise their efforts have completely

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How to Scale Your Small Business

So you’ve established your business – well done! Next challenge: scale it for growth. Even if you sell well, you’ll soon face problems in delivering to new customers and expanding your base. If your business fumbles, you’re going to have unhappy customers and business partners. Manual processes that were fine when you started small won’t

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