One of the key elements in running a successful business is undeniably money. Even the greatest business idea gets nowhere without the necessary start-up funds. In a business that is already up and running, money is also essential to support growth and scaling. From marketing to staff and even to materials. It all requires funding. […]
Why should SMEs Consider Taking a Business Loan? Read More »
You just got your small business up and running but you’re still having trouble keeping your finances in check. You are looking for solutions to up your service and keep your fledgling business afloat. We have just the solution for you: bookkeeping! Yes, bookkeeping helps you keep track of all your business finances, which can
Bookkeeping For Small Businesses And Why It’s Important Read More »
With the COVID-19 pandemic still raging across the globe, many businesses and companies are enabling employees to step out of the office to continue working from within the comfort of their homes. And the accounting sector is no exception to this trend. The truth is, even before the pandemic, a lot of companies have resorted
Accounting and the Work From Home Phenomenon Read More »
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
5 Ways to Boost Your Start-Up Read More »
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
How To Make Your Small Business Survive The Pandemic Read More »
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
5 Common Reasons Why Start-Ups Fail Read More »
Contrary to popular belief, incorporating a company does not end with deciding on a business name or paying a registration fee. In fact, there is more to it than that. You are required to comply with the Company Act among other statutory requirements in order to avoid any potential legal ramifications. Be it a business
Important Compliance Requirements for Companies in Singapore Read More »
In Singapore, annual meetings are mandatory and are to be held in compliance with the Companies Act of Singapore, which is issued by the Accounting and Corporate Regulatory Authority (ACRA). Failure to hold an annual meeting will see shareholders and its directors be held accountable. ACRA can impose penalties to be settled in court, which
Annual General Meetings in Singapore Read More »
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