Of late, there is a lot of emphasis that have been put to encourage women to establish personal businesses. This has come as a result of the government having realized that it has the ability to galvanize the economy further. However, many business plans are not working as a result of most of the people having no capital for running their business. Here are some steps that can help you beat the completion and get approved for small business...more
If you are starting a business, one of the first decisions to make is the legal structure of the business. This decision will impact your taxes, liability, and control over the business over its life. Considerations to take into consideration are: How large do you expect the business be? What level of personal liability are you comfortable with?Do you anticipate much liability in the daily operations of the business? How much revenue do you...more
A corporation, or more commonly referred as company in Singapore, is a business structure that is considered as a separate legal entity from its shareholders. As a result, this can own properties, file a lawsuit or be sued, and purchase supplies under its name.As a separate legal entity from its shareholders, the latter enjoys limited liability protection, a legal arrangement in which they cannot be personally liable for the financial losses, debts, and claims related to their business. With this, they can have an assurance that the money they can only lose is the one they have invested in their company in case of bankruptcy.There are two basic types of Singapore company: the private limited company and the public limited company.(Note: The third type of company, which is called public company by guarantee, is not considered by many professionals as a real business company since it is only used for non-profit activities.) * Private limited companyA private limited company is allowed to have one to 50 shareholders who must raise capital and funds among themselves or through banking loans. Under the law, it is prohibited to invite the public to deposit money to raise funds or...more
What would you do if you need to get your hands on some money very quickly but you don't have a checking account? And what if your credit was really, really bad? How will you get the money you need?Maybe you've heard of payday loans and think you've got a shot with them. But you know that they expect you to repay the money on your...more
There are a number of people that are intrigued by the prospect of being their own boss and setting their own hours. Add to that the possibility to make an unlimited amount of money from reoccurring sales and you have the premise for starting a career as an entrepreneur. Being able to do what they want to, when they want to, many people that are...more
If you are good with your hands, enjoy making jewelry and understand how to work with gold, than trying your skills at handmade gold jewelry might be a good career choice. Gold jewelry is always popular with everyone. It is sometimes easier to work with than stones and beads and the residual is very rewarding. A handmade gold jewelry business is a good way to get a start in a higher end jewelry business. If you start out small and try to keep your overhead low, you should stay in business for a long time.ExpensesThe biggest expense you will have with a handmade gold jewelry business is the gold itself. You must find a gold broker and make a deal with them to buy your gold at the lowest price possible. Starting your business out of your home is another way to keep your expense down. There will be no need to pay rent or utilities somewhere when you can work in your home. You can begin advertising on your own website. There is a onetime expense in finding someone who can design your site, but everything can still be managed under one roof.The majority of your time and money can be spent on your handmade gold jewelry. You can always rent booths on the weekends at jewelry shows and...more
If you are setting up a business, here's something for you to think about, "resale rights". You can find numerous kinds of companies on the web from where you can get going. The Internet may be the perfect place to develop a business. However,...more
Are you interested to find out more about the Cash Making Power Sites membership site? It consists of five websites that the creator claims will literally "force" money into your pocket. Is this all hype or do the 5 websites really work? The only way...more
Online businesses are generally profitable nowadays as small business owners tap the power of internet and spend their time gathering facts on how to attain maximum effects on their businesses. Products and services that are being offered through the...more
The demand for Masters in Business Administration is inexhaustible given the fact that industries across the globe are evolving, and also are exhibiting an expansionist policy. As a result, a great demand for skilled, qualified and well-trained...more
There are a lot of ways to advertise your business including radio, television, newspaper, and billboard. However, times have changed and business advertising techniques are constantly evolving. These days, the best way to advertise your business is...more
Wuxi neighbours the famous city of Shanghai, and is fast gaining a reputation with its booming economy and picturesque surroundings. Divided by the beautiful Lake Taihu, the city was said to have been founded over 3,000 years ago by two fugitive...more