(Updated: April 20, 2016) How did Steve Jobs, Mark Zuckerberg, Jennie Chua as well as other award-winning entrepreneurs in Singapore make it? They each served a skillfully carved business concept that entices people to not just look but actually line up for it, take a plate or more, and pay for it. Perhaps the most thrilling yet most critical point when you are setting up a business in Singapore is cooking up a business idea that—you hope—will sizzle for a … [Read more...]
Outsourcing vs. Hiring in-house for Your Business in Singapore
Like technology and human behavior, the hiring climate for many businesses has gone through significant shifts and swirls. When you are starting a company in Singapore, one of the most crucial stages is finding people who work hard as you do and embrace the vision that you have. There are two ways to go through this: outsourcing and hiring in-house. Investopedia defines outsourcing as the “practice used by different companies to reduce costs by transferring … [Read more...]
Is Tax Compliance in Singapore Puzzling You?
As an aspiring entrepreneur in Singapore, you must have heard that one of the reasons why the country continues to be one of the most preferred business environments for start-ups and multinational hubs is its friendly tax rates, well-designed tax incentives, and commendable transparency in enforcing tax policies. Still, there is an array of tax stipulations to prepare for when you are setting up a company in Singapore. The process may not be uncomplicated so … [Read more...]
The Successful Start-up Template: How to Rev Up Operations
Your start-up is in a competitive business community like Singapore. That is why it’s hard not to work hard. So you are willing to work longer hours. As a startup owner, you understand that. You embrace that. In fact, you get respect by doing that. But have you thought about the minutes or hours you should be spending with your family and friends, for some relaxation, for honing a new skill or learning a new language, or for exploring new … [Read more...]
17 Actionable Tips for Creating a Business Plan That Drives Results
When you decided to set up your own company in Singapore, have you ever wondered how many businesses you are competing with? How about your tax responsibilities? If you’re a foreign company looking forward to registering a branch office in Singapore, was it just the vibrant economic sky that lured you? Have you shaken hands with your ideal customers? Do you have a reliable management team in the country? For entrepreneurs, the amount of responsibilities can be … [Read more...]