Singapore Business Registration Guide for Foreign Entrepreneurs

A person with his own business enjoys more financial independence and greater control on his financial status. But to succeed in any venture, it is important for anyone to visualize first his goals, business structure to follow, and other related details before proceeding to his business. Three Basic Types of Business Entities

The first thing an entrepreneur should decide is what type of business entity he wants to adopt before he starts the application for Singapore business registration.

Is it sole proprietorship in which he would be the only owner and will enjoy full control? Is it partnership in which he can have up to 20 business partners which means more funding? Or is it private limited company (or corporation) in which his business will enjoy perpetual existence while his personal assets are protected from the debts and losses of his company?

Every business entity has its own pros and cons which must be greatly considered. However, most experts agree that a private limited company is the most ideal for entrepreneurs with a long-term goal for their business as this setup will allow them to enjoy protection of asset, attractive corporate incentives, and other benefits.

The Products and Services

Bonafide entrepreneurs have always associated their products and services to their target-market so they can estimate the amount of capital they will need, equipment and materials to be purchased, and the level of quality they should offer.

Meanwhile, these questions can guide budding entrepreneurs on deciding on what products or services they should offer: What are my niche skills and interests that can generate profit? What is the estimated profit of my product? Can it be easily sold? It is easy to produce? Does it have an existing target-market?

Competitive and Market Analysis

One of the most important things any entrepreneurs should do is examine the business environment which includes the existing competition, different types of consumers, media, social norms, and other factors which can have a direct and indirect impact on their business.

When conducting competitive analysis, most experts agree that these four factors should be the main focus of entrepreneurs: who are the direct and indirect competitors, the specific market of competitors, the number of years they have been operating, and how do they attract their target-market.

Operations of a Business

Operations usually include the location, how many employees a certain business will need, the equipment, machinery, suppliers, materials, ways to track inventory and sales, and other related-issues.

Entrepreneur, Goal Setting!

Home based business, online business, MLM or if you are in direct sales, you have to be goal oriented to be successful. If you are new or experienced, without a goal the chances are you will be part of the 97% of entrepreneurs that will fail this year. Knowing how to set up your goals, how to break them down will play a major part of all entrepreneur success.

If you are new, you goal may be to quit your job or make enough money so your spouse can stay home. If you are experienced, you goal might be to win a major competition within your organization. Either way, the 1st step is to establish your main goal. The reason is we will work from the top to the bottom to establish a plan of action to achieve your goals.

For the sake of this article, we will use the new entrepreneur as an example. So lets you make $4,000 a month at your current job. To replace your income, you will need to make around $3,500 monthly with your online business. So write $3,500 at the top of a board or a blank piece of paper.

Next we need to figure out how many sales you need to make to create a $3,500 income. So lets say the average sale with your business is $100 and your commission for each sale is $50. So to make $3,500, you need make 70 sales each month which would equal $7,000 in sales and $3,500 in income. Write on your board 70 sales below your main goal.

After that we need to establish how many leads every month you will need to make 70 sales. You find out that your business model average is that you make a sale for every 10 leads (this is just an example) so you will need 700 leads to make $7,000 in sales. Write on your board 700 leads monthly below your monthly sales.

The last step is to breakdown the number of monthly leads into a daily number of leads. So if you need 700 leads every month, than you need 23.3 leads per day. Write 23.3 leads on your board below your monthly leads.

Work with the daily number, celebrate every time you achieve you daily goal with a small reward. If you meet your daily goal, you will meet your monthly goal and first thing you will know is that you will hand your letter of resignation to your boss with a big smile on your face. One last advice, keep your goals very visible to you at all time. Make sure you can see them every day and dont make too much fun of your boss when you quit.

To your success,Ghyslain

Entrepreneur Facilitation Center & Development(EFC INDIA), Co-Working Space in Pune,Shared Office S

Entrepreneur Facilitation Center & Development “This Incubation Park suits to IT / ITES /SERVICES SECTOR Technology Based startup, service concept based startup and any other concept / idea which required an office space to start and run the day to day operation”. We at EFC India, support the young budding entrepreneur with complete guidance on their idea or business plan, provide them with all necessary required things like office space, equipments , office, machines & fixture, manpower hunting , sanctioning loan , legal documentations etc. every bit of thing required to start their own business. EFC India is an Entrepreneur Park, where the ideas get converted into reality and fruitful business. We with our team of experts transfer knowledge and skills, help you with all new technology and market support , provide complete training on modernization and expansion of business to enhance the quality and productivity of your business. All you need generate a great idea of business and we help you shape it into reality! -WHAT WE PROVIDE-

You can send your business plan to

You business plan should not be more than 7 – 10 pages and should crisply cover the following aspects –

1. Introduction of you , your team & business that you want to start. 2.Your Target Customer Your Business Plan & Projection – business model innovation that differentiates you Your revenue model / Earnings – how will you make money, pricing etc. 3.Sales and Marketing Strategy – how do you plan to spread the word around about your solution, how would you sell it? 4. Management Team – Who are the main team members and advisors. 5. Financial projections – What are your cash-flow projections – expenses and revenues? How much money do you need to raise as investment? 6. When would you start breaking even operationally? Approx. Amount of Investment requirement ? 7. Team size / No. of people you will hire.

send your business plan to

Financial Support for Filipino Entrepreneurs

Starting up a business usually requires a lot of capital. However, other than its basic capital, there are also other unforeseen expenses involved in starting a business, no matter how small or how big the business is. This is the reason why many business experts and consultants recommend entrepreneurs to prepare for the overhead expenses that they would encounter once they start their own business.

But what if they lack the necessary capital to accommodate their business overhead costs? At this time, financial assistance from loaning firms may prove very useful. This is the reason why BPI had started their own business loan services, such as their Fast cash loan Philippines, which aims to offer Filipinos the chance to start their own business even though they lack the necessary funds for it.

Why Businesses Became a Popular Trend Businesses had become a very popular trend in the Philippines. The number of small businesses, such as food cart businesses had grown massively all over the country. Part of the reason why is because of the continuous growth of new business opportunities, particularly the franchise business industry.

However, other than the growing number of new business opportunities, another reason why businesses became a popular trend is because of the many financial support that the government, as well as the private sectors, offers for Filipino businessmen and women. One of those services is BPIs Ka-Negosyo business loan services.

Benefits of BPIs Loaning Services What are the advantages of business loan services? One of the many advantages of loaning, such as the popular Fast cash loan Philippines service, to start a business is that it allows them to start or establish their business even without the right amount of budget or capital to establish it.

BPIs Ka-Negosyo business loan services offer one of the most reliable ways for Filipinos to get financial support for their business plans or ventures. However, other than supporting Filipinos in establishing a business, BPIs Ka-Negosyo business loan services can also offer fast cash loans Philippines that specializes in providing emergency financial support for businesses.

Other than for establishing businesses, loaning can also serve as a back-up plan for expanding businesses. Expanding a business requires a lot of capital, which is why loaning may be one of the few popular ways to achieve the necessary funding to expand their business without the worry of overhead costs. And due to BPIs Fast cash loan Philippines services, many businesses were given the chance to expand their business and earn more.

Mom Entrepreneurs Getting Down To Business

Tips For Mom Entrepreneurs To Get Down To Business
If you’ve ever attempted to get anything done with a toddler around, you know it’s no cakewalk. It’s a challenge to do the dishes or the laundry (shower, anyone?) let alone actual, potentially lucrative work. Here are 5 ways that you can get down to business, even if it means doing these things between phone calls, diaper changes and mealtimes:

1-Find a need and fill it
Stop staring at the competition. Dont take someone elses idea or existing business, tweak it, and try to call it your own. Take a look at your life, your needs, wants and desires. Ask yourself, what would make your life easier? Find out how to help your friends do X if you have created Y? Filling a void in the market is, in theory, a cinch. Fill a need stop procrastinating. And not by thinking about it, talking about it or dreaming about itdo it
.
2-Create A Plan Of Action
Do not write up a business plan. Dont even Google the words “business plan.” Mom entrepreneurs dont have time to put together a lengthy, heady write-up of profits, losses and EBITDA (wha? Take a pen and write out your plan. Get the gist? Then dive in. Try things out. The more you work on your business idea, the more thrilled you will be to see it in actionand it will keep you building.

3-Work With Your Kids, Not Around Them
Stress being the killer that it is, skip it altogether. Dont fret the childcare or sweat the pick-ups/drop-offs. Incorporate your childs schedule into your work day. Teach them to play the Silent Game while youre on the phone. Have them create something you can hang in your office. And when that noisemaker screams during your conference call? Skip the embarrassmenta whole lot of people also have kids.
Theyll understand
Promise.

4-Embrace the web
The interwebs are your friends. You don’t have to get hooked into social media like facebook and twitter, but don’t stay away either. Make sure youre connecting with folks who can help you along in your business. Find local groups like The Founding Moms where you can meet up with fellow mom entrepreneurs face-to-face. Grow your network who will, in turn, help you and your business grow.

5-Meet up with fellow mom entrepreneurs
Theres nothing like meeting someone in-person. You should embrace the web and all that it has to offer. But, get out of the house. Not only will it bring you great joy to smile at other human beings, but your kids will appreciate staring at new walls, too. Tell us your trials and tribulations of being a mom entrepreneur, then shake hands with like minded people and know your not alone.
Youll thank yourself.

Women Entrepreneurs Women Networking Organizations Bring Businesswomen Together In Many Different Ways.

Are women networking organizations the fastest growing trend in American business? This might be so. Including online networking groups, networking organizations focused on women are cropping up all over the country. It seems all women in business are spending their lunch time or after work hours at networking parties, connecting over wine or coffee, or sitting in front of the computer, typing messages to other business women. So, as a women entrepreneur or executive, you may be wondering: do I have to network?

You already are. Unless you are sitting in a cave, you are networking, whether that means meeting with clients, greeting business people you know when you are out and about, or calling a woman you know for advice on a business problem. But do you need to join a formal networking association? That depends on you and your needs. If you are very uncomfortable with chit chat or being in the middle of a group of people, and you find that you don’t need to formally network to advance your business, then you might not need an association. But if your business depends upon the continuous acquisition of new leads or learning new and better technology and business methods, then a networking association can be a valuable strategy for you.

Different female networking associations serve different needs. Here are a few:

Education: Some networking organizations feature speakers, workshops, and seminars on topics of interest to business women. There may or may not be a networking component at these events.

Contacts: These types of associations facilitate the exchange of information between women, putting you in touch with someone who you can help or who can help you. These can be very formal or quite informal. The speed-dating phenomenon has even touched here, with speed-networking events.

Escape: Some female networking organizations are simply places to get away from the business place, especially if that place is dominated by men. These events are usually strictly social and are a good opportunity to bond with other female entrepreneurs and executives.

Message Boards: With the proliferation of online networking sites that are developed specifically for women, the message board feature has become a popular place for women to vent, to advise, and to find someone with similar interests.

Project or Service: Service organizations founded by men for community projects or charitable projects have traditionally been potent networking groups as well. Many women have joined female service organizations to assist with humanitarian projects and have discovered the powerful networking function here as well.

Support: Women networking organizations have found a special niche with this function. To face the legendary barriers in the business world, women have developed support groups that also serve as an important networking location.

Whatever type of female networking association you decide to try, you should have some clear goals in mind. Knowing what you want to accomplish with your networking attempts will help you choose the women networking organization that will work best for you.

Free Entrepreneur Training Using YouTube entrepreneurial coaches are certainly not content entrepre

Point out multimedia. Now, entrepreneurial coaches are certainly not quite happy with simply making books about wealth building through businesses. Entrepreneurship training at the moment are featured in the popular videos website YouTube.com. Visualize a series of instructional videos about commencing a business-just most suited for people who do not like reading up to the third page of a book. And it is more appropriately simply because videos may well be downloaded straight from the website (use YouTube downloader).

There are lots of people in YouTube who desire to spread the word about entrepreneurship. Write in T Harv Eker or Trump Kiyosaki or Rich Dad, Poor Dad. Surely, you will find lots of videos that is going to generated y this question. But all these videos result in one common road-the path to entrepreneurship. And since each person have other ways of learning what remedy they need to learn, visual learners may possibly be titillated to be aware of when these videos are indeed great tactics to learn what are the book says without reading it. Just transfer content, watch the videos, and apply the things you have learned.

Not many people people preempted that YouTube should go as long as providing free educational videos in truth entrepreneurship videos. Normally, we come across videos of Hollywood artists with this site. But now, we will see video streaming of Robert Kiyosaki teaching Cashflow 101 and 202! And it also does make a lot of sense to his followers that videos of him are posted throughout internet now.

So don’t be late. Nothing’s too wrong about joining the bandwagon-especially whether it’s a make money online venture. Learn entrepreneurship with YouTube now.

There are a lot of strategies to creating money on-line, but nothing makes sense only when you have a very big list. Email Marketing is the most profitable method to earn a living on-line. After you building a group of hot and hungry prospects or leads, you control your future. Realize how to utilize the Internet and spin your personal computer with a

download free youtube downloader cash gushing machine. Sign-up right now for your Computer newsletter to find out ways of doing exactly that download free youtube downloader

Entrepreneur or Employee

Are you an employee who is thinking about a leap? If you are an employee then you might want to start your own business and become an entrepreneur. We all want to have our own business so that we can be our own boss.

But the first and foremost thing that you need to find out before making the leap is whether you are ready for being an entrepreneur. Do you have the qualities that are required to be a successful owner of a business? Do you have any idea about what it takes to start your own business?

You need to find out the answers to these questions before you take the final decision. If you have the qualities and the characteristics to own and manage a company then you can surely think of starting a business on your own.

But if you do not have these qualities then it is better to be an employee rather than the owner till you are capable of gaining thee qualities. The first thing that you need to have to become an entrepreneur is passion.

Successful owners know what they actually want and they have the enough guts to follow the dream they cherish. Before you start the venture it is very much important to test your passion. The next quality that is important is the unwavering nature.

The person must have complete belief in him. He must make sure that nothing in this world can dispel the belief. Self motivation is the next essential quality that a successful entrepreneur needs to have. He will not need anybody or anything else to motivate him for the job.

The other thing that you need to keep in mind is that you need to win at any cost. People who want to become the owners must never learn to lose. Entrepreneurs are those people who take risks. They usually act impulsively; they do whatever they feel in right at the moment.

Other than this, another good quality that these people need to have is being outgoing. They need to make things happen anyhow. You need to be a good leader because if you are a great leader people will hear you.

You need to have command over your team. Creativity is the other essential quality of an owner. It is very important to find out creative solutions so that you can solve any kind of business problems with ease.

This will help you become more successful over the years. Personal sacrifices are also necessary to become successful as an entrepreneur. So you need to find out whether you have these qualities in you if you are interested in owning a business and becoming your own boss.

Wilson Harrell – for Entrepreneurs Only

Entrepreneurs are born, not made, but thirst for freedom is the spark that ignites.”
— Wilson Harrell

What does it take to become a successful entrepreneur in today’s business world? Well, there are many giants of business you could ask, but you would be hard pressed to find anyone better than Wilson Harrell. Read about a country boy who became a marketing guru and entrepreneur. He is quite simply a business legend.

Born in Georgia, 1919, Wilson Harrell, world renowned entrepreneur and marketing guru was a man of strong conviction. In his great business journey, he lived a glamorous life all through. Not all know that Wilson was a fighter pilot in World War II and received Purple heart, Air medal with 4 oak leaves and also the President Citation.

It all began with Wilson Harrell & Company started by Wilson himself after the war. The company distributed Kraft products to huge military PX market and in very less time the company sales reached $200 million. But Wilson had other ideas, he sold the distribution company. Then he bought Formula 409, a household cleaner product company for $30,000 and turned it around. He later sold the company for $7 million and bought 60 food brokerage companies whose total sale exceeded $500 million.

All in all, Wilson started over 100 companies and turned around a few. He was voted America’s no.1 columnist for the year 1995 and 1996 by the American society of Business for his monthly contribution to the Success Magazine. Wilson was also the past publisher of INC. magazine.

Along with being the Founder/Chairman of council of growing companies, nationwide organization, Wilson was also the leader and voice of entrepreneur’s movement in America. His book “For Entrepreneurs Only” was a bestseller and still one of the most admired in this genre.

In his book, he discussed the hunters and farmers of cave man age. He reasoned from science and a variety of studies that genes are passed down and often entrepreneurs are the children of entrepreneurs. At some point thousands of years ago, entrepreneurs were the hunters of our world while the farmers tend to be employees.

He enjoyed great success in life and died in 1997 at the age of 78 from lung cancer.

“I’ve loved, I’ve laughed and cried
I’ve had my fill, my share of losing
And now the tears subside
I find it all so amusing
To think-I did it all that
And may I say
Not in a shy way
Oh no, oh no not me, I did it my way”

– Source-“For Entrepreneurs Only” from Wilson Harrell.

Blog Entrepreneur Blogging Is the Perfect Internet Business

If someone were to tell you that you could create a global business, completely for free, with nothing more than the tools you already have, and the investment of your time, you’d question their sanity.

Nevertheless, it’s true. If blogging appeals to you, you can create a viable Internet business within a few months: for free.

Blogging is a new development in online businesses. Essentially, it’s instant publishing. Because entrepreneurial blogging is so new, you have a great opportunity to build your business before others copy what you’re doing, so get started now, and start building your own online empire.

Let’s look at five business models for your new Internet blogging business. These five models can be combined if you wish there are no rules in blogging. You can change the business model of a blog at any time, to a model which generates more income.

Each of these models has the potential to earn you a six-figure income. They are:

Affiliate blog(s)

Web publisher blog(s)

Sales blog(s)

Service blog(s)

Blog network(s)

Let’s look at these models one by one.

Affiliate blog(s)

Many businesses develop affiliate programs, because they can recruit a sales force of thousands of people, with little expense. The appeal of affiliate programs for affiliate marketers is that you don’t need a product or service you can start selling others’ products, on commission.

If you intend creating an affiliate blog, select the products that you’ll be selling before you create the blog. This is because you want to be sure that there is a wide range of products that you can promote. There’s nothing worse than developing a blog, and finding out that the well is dry: you’ve picked a niche where products rarely change, and in which the products are so standardized that there’s nothing new to write or podcast about.

Web publisher blog(s)

In this model, your blog is the online equivalent of a magazine. Just as a magazine has features and advertising, so does your blog. In this business model, your content is vital, because you’re counting on your content to attract advertisers.

If you choose to develop a Web publisher blog, you’ve got great models the thousands of magazines which are published each year. Check out a couple of your favorite magazines. Usually a monthly magazine will have a theme for each monthly issue, with two or more stories devoted to this theme. The magazine publishes its editorial calendar a year in advance, so that advertisers can line up their advertising for a specific issue.

Sales blog(s)

In the sales model, you devote a blog to a single product, or range of products. When offline companies start blogs, their blogs are sales blogs they’re using their blogs to sell their products. If you have products that you want to sell, a sales blog is an excellent business model. You could sell a product that you’ve created an ebook, a DVD, or art work or products that you buy from others, and resell.