entrepreneurship in singapore

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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Important Compliance Requirements for Companies in Singapore

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

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5 Things You Should Consider Before Opening A Food Business In Singapore

Singapore’s food and beverage industry boasts a diverse range of cuisines. From Asian to Western to Middle Eastern, Singapore has turned into a hub for people around the world to set up shop for their food and beverage (F&B) businesses; you name it, they got it. With the rise in restaurants and food businesses popping

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5 Ways to Stay Motivated as An Entrepreneur

For entrepreneurs, life can be both a breeze and a bother. On one hand, you have the freedom to determine your own monthly/annual income and work as and when you like. On the other, you’ll find yourself worrying about business matters such as budgets and whether your business can make it in the long term.

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Ways To Brand Your Business As A Solo Entrepreneur (a.k.a. Solopreneur)

As a solo entrepreneur, or “solopreneur,” responsibility for your brand’s image rests entirely on you. On one hand, you can maintain a consistent brand voice throughout both your social media and content marketing. On the other hand, it also means that all decisions and work of the business, be it digital or physical, fall on

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Turning Passion Into Profits

Tired of your nine-to-five? Considering turning your passion into profit? Go for it! Chasing passions and following dreams is becoming the norm as working people begin moving away from the day job towards doing what they’re most passionate about. If you are interested in topics such as graphic design, art, writing and marketing, you can

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Why You Should Collaborate Instead of Compete – B2B

Collaboration: a powerful tool for small business owners, regardless of industry or size. The connections you form and the different ways you collaborate with them help you grow your business. According to research, 56% of executives point out collaboration as having greatest impact on a business’s overall profitability. Still unconvinced that collaboration is really worth

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5 Tips to Make Your Business Stand Out

According to a study by McKinsey, 58% of a brand’s consumers do not remain loyal to the brand in the long term. Reasons vary and may include poor marketing, unoriginal selling points, mundane products, and better offers by competitors.   In a world where the competition among businesses is rife, differentiating and building your own

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5 Reasons Why Your Business is Experiencing A Drop in Sales

Every business exists to sell something. Without sales, businesses are nothing. That’s why it’s always important to find out the real reasons why customers are not buying your products or services.   Every year, hundreds of businesses shut down due to not making enough sales to keep the business going. Although there are several reasons

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