Risks are inevitable when you take the entrepreneurial path. You will commit business blunders along the way. You will encounter unforeseen circumstances that may hit your business operations hard—it could be that economic forecasts are not in favor of your industry or perhaps the market is increasingly becoming competitive. Regardless of the industry and size of your business, you must be prepared for the lean months. Slow business days or months are all part of a business … [Read more...]
Archives for March 2016
How Will Singapore’s Economy in 2016 Affect Your Business?
Singapore is known worldwide as an entrepreneurial haven for many years because of its strategic tax exemption scheme, solid financing options, friendly business regulations, and growth-driven programs being provided by the government for business owners and entrepreneurs. But as economic forecasts for the country in 2016 weave a patchwork of opportunities and challenges, should small business owners worry about treading a blurry future? The uncertain economic … [Read more...]
Small Business Trends in 2016
While consumers are always looking for something new, it’s important to stay ahead of the competition. As more and more entrepreneurs set up a business in Singapore, the market is increasingly becoming more competitive. In fact, among the common concerns of small business owners in Singapore faced in 2015 are rising rental costs, hiring roadblocks, uncertain economic trends, and increasing competition. Evaluating economic forecasts and current global and regional startup … [Read more...]
Pro Tips on How to Turn Your Startup Dream into Reality
A masterful blueprint. A promising launch. A success story featured on magazines and websites. How did the startup superstars do it? When you learned about how they planned their business from the ground up and executed it with authority and style, it appears effortless. And they do things fast without compromising quality. As if they know what they are doing. The truth is they have found not just the formula to make a … [Read more...]
Start-up Debate: Do You Really Need Passion When Starting a Business?
Apart from making an impact on the world, Clate Mask dreamed of achieving financial freedom when he co-founded Infusionsoft. He said he wanted a career that would provide for his family’s basic needs and meet his ideal lifestyle where money was not an issue. But he may not have moved forward without passion. “Passion is your drive, ambition and the love of what you do and who you serve,” he said. He did not let go of his passion to serve entrepreneurs and … [Read more...]