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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Why should SMEs Consider Taking a Business Loan?

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.

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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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Bookkeeping For Small Businesses And Why It’s Important

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

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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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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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