Introducing Small Business Ideas in Singapore
What are the most robust Singapore small business ideas that you can think of? This small country is famous for being a business hub of its own kind in South East Asia. It has the most successful business environment in the Asian Pacific region. It is little wonder then that business enthusiasts from all over the world scramble to go to Singapore for commerce. The country favors the growth of small, medium sized and large enterprises. You can be assured of your business thriving in the country, regardless of where you come from.
Although, the city provides a great atmosphere for businesses, some business are bound to do well and in a shorter time than others.
Recommended Singapore Small Business Ideas
Event planning company
Do you like throwing parties? You can make this your business, a way to create money in this country. Starting an event planning business does not call for large capital. Singaporeans hold parties every other weekend. Therefore, you just need to be the best in whatever you do and within no time, you will have developed a business niche. Individuals, corporations and organizations need an event planner to pull off their events. You will be hard pressed to meet the demand for such services in the city. However, like any other business, you need to be patient and when you get the first job, be sure to implement your client’s preferences to the letter.
Waste recycling business
Most people in Singapore do not know what to do with their ever accumulating waste. They have loads of scrap metal, old computers, ink cartridges and electronics and other recyclable materials. All these can earn you a lot of money, if put into meaningful use. Recycling is one of the most promising small business ideas Singapore. All you need is a successful local campaign to familiarize people about your business and you will be good to go. You can start with one truck and as the business grows, you can add more.
Errands Service
Most Singaporeans lead very busy professional lifestyles. Juggling office work and home chores successfully prove a bit hard for most people. You would be providing some kind of relief for these homeowners. Nevertheless, you must adhere to the deadlines given by your clients. Other business owners have made it in this business. All you need is to create a good rapport with the clients. Some of the things you can do include paying bills, shopping, dropping parcels and suchlike errands.
Cleaning services
Both homes, offices and companies, require cleaning services either on a daily basis or weekly. You can create your own small company to provide such cleaning services within the city.
If you are planning to start a business in Singapore, it is mandatory to register your business and incorporate it, for tax and other regulation compliance purposes. In addition, people tend to trust businesses that are registered. Moreover, it will be easier to expand the enterprise since credit facilities will be willing to lend you money. When you start your small business, you can choose whether to register it as a sole proprietorship, partnership or Pte. Ltd. Company.
You can decide to incorporate a company by yourselves, or you can decide to engage an external third party outsourced firm. If you are looking at the latter, you will be glad to know that J Accounting Services do provide you with company incorporation services. If you are keen to find out more on the company registration services we have to offer, do refer to our website.
