• Business Consulting

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    It can be tough to make it in the big leagues, but our Business Consulting section will give you lots of ideas and advice about what you can do with the right amount of capital and just a little bit of ingenuity.
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  • Business Ideas

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    If you have the will but lack the idea, the business ideas featured here may be just what you were looking for; find out what ideas are successful in today’s market and what you need to do in order to put them to good practice.
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  • Starting a Business

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    Browse this section of our website for useful tips on starting a business; it may no be the easiest task in the world, but with the right knowledge and information you too can become a successful business owner!
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Businesses you don’t want to start in Singapore

Are you interested in starting your own business? If you want to become your own boss and make truckloads of money you should open a company in Singapore. But why exactly Singapore? There are many places in the world where you can embark on a business venture, well, you see, Singapore is one of the easiest places in the world to set up a business, no matter its function. The registration of company is that much simpler if you seek the help of Singapore company incorporation consultants. The reason for setting up a business organization in the Lion City are many. However, you have to understand that you can’t establish just about any business in Singapore. You can, but you don’t have guarantee that it’ll be a successful one. So, what are the businesses that you don’t want to start in Singapore? General bookstore You’re the type of person that likes to retreat from the world and read a good book. Consequently, you’ve taken into account the possibility of opening a general book store. You think that bookselling is a great idea. Generally speaking, it is, but you’re forgetting the fact that the Lion City isn’t like the rest of the world. They have Books Actually and other brand names, so the people here aren’t oblivious when it comes to culture. The matter of fact is that Singaporeans are very pretentious, so they will expect your general bookstore to meet their needs. Are you able to do that?  You have to have lots of inventory, not to mention that you have to actually transport the goods to the customers. It’s not that opening a book store is a bad idea. Far from that. It’s just that it’s a challenging undertaking. Baby day care centre For women it’s hard to be independent, especially when they’re required to take care of children. The good news is that there are baby day care centres to help them balance professional and personal life. There isn’t a mother in Singapore that doesn’t need help with their little one. So, establishing a baby day care centre isn’t such a bad idea. Or is it? First of all, there’s lots of paperwork to handle. Okay, there are people who can help you with Singapore company formation, but what do you do about the local laws and regulations? It’s easy to screw up. The point is that...
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Why do businesses opt for self-service centers?

  If you run a company, then you know that it is essential to invest in self-service solutions, because they will increase the level of customer satisfaction. And if you have happy clients then you can expect your revenue to also increase. If you opt for online self-service, then your clients will have no issues in resolving their problems. In addition, your employees will be able to focus on the tasks that require a human touch, because they will not have to deal with a big volume of work. This solution would be cost effective for your company, and it will help you offer answers to your clients quickly. Also, the buying experience will be as smooth as possible, because the customers will have access to all the details they need. Why do people prefer self-service? Researches state that the firms that will include customer communities into their support services will be able to save a lot of money, because they will not have to hire agents to respond the calls of customers. 67% of study respondents said they preferred self-service over call centers, because they do not have to wait for an operator to take their call and offer them an answer. Also, there are people who prefer to check the FAQ page of a website before they call into the call center, because there are great chances to find there the details they need. If in the past people opted for phone interactions when they had a question, nowadays they prefer to look for information online. Companies state that more and more customers prefer to contact companies via email or to opt for self-service. Are there any benefits of self service? Every company that wants to offer quality services to their clients will opt for self-service. If you manage to lower the number of calls your employees receive, from customers that need help, you will be able to increase the effectiveness of the company. You can create a department that responds online to clients requirements in case they cannot find the information they are looking on your website. There are multiple solutions you can opt from. Your customers can send you emails, messages on live chat and check the FAQ section on your website, if they need assistance. Also, your clients will receive the answers more quickly if you opt for this solution, and this will increase...
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Research and development for SMEs – Is it worth it?

  Not many business owners are investing for research and development purposes since many of them think about these measures to be unfruitful. But thing is, many might benefit from taking such steps, from improving their processes and making them more productive, to reducing waste and environmental damage. Moreover, there are companies specialised in helping their clients to claim R and D tax credits, which also comes in business establishments’ help. But more about the advantages of research and development for SMEs, in the following paragraphs. 1. The UK Government is implementing reward programs Well-aware that some companies avoid making credits for R&D purposes, the UK Government implemented in the last few years a reward program for those who are. The reward program can be found under the name of Research and Development Tax Credit Scheme, which means that those corporations that make improvements on their processes, equipment or level of training are entitled to a tax deduction or tax refund. Accordingly to a series of studies, 90% of the companies eligible for an R&D fund still don’t get those. Now that you know that these programs exist and corporations with R&D actions are rewarded, maybe you consider getting a fund yourself. Only think that for every pound spent for such purposes, your company is entitled to receiving 0.26 out of it.   2. Better understanding of the market and opportunities Of course, the opportunity of getting some tax money back from R&D projects is a good enough stimulant for many companies, but those having such projects already in development claim that those helped them to understand better the market, identify opportunities and gaps that can be filled by their activity. Also, expansion to new adjacent markets becomes a real perspective as a result of such projects. Another advantage brought by research and development projects is product improvement. These projects truly open new opportunities for the SMEs willing to take their time and money and put efforts in such projects. 3. Innovation prospects R & D projects certainly bring the benefit of enabling the company to develop new products, innovative products. Oftentimes, these innovation actions concentrate on minimizing waste, increasing the amount of recycled materials, thus maximizing the profits, while minimizing the expenses. This is a real issue with which many SMEs struggle. 4. Collaboration opportunities Developing more efficient processes and becoming more profitable as a result of R...
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Office supplies you should start ordering from now on

Office supplies you should start ordering from now on   Starting up a business requires plenty of efforts, but you already know it. In order to have a flawlessly functioning enterprise, no matter how large or small, you must take into account all small details that will make a difference. For instance, office supplies surely weight a lot when it comes to a perfectly functioning office since the lack of a crucial envelope will stop or delay the work flow. The number 10 envelope will allow you to differentiate your business from others on the market. But more about crucial office supplies, in the following paragraphs. 1. Sturdy envelopes Large or small, your business is surely dealing with plenty of correspondence. Certain companies offer reputable office supplies and you should only collaborate with them during your activity. Of course, there are available on the market diverse products, but most of those come in questionable quality. Plus, they oftentimes are plain products that will never differentiate your correspondence from others. This is why choosing a collaborator that is able to deliver sturdy envelopes, envelopes that can be personalized with creative designs, accordingly to each company’s specifics makes a great difference. After all, envelopes do have another purpose aside from protecting your correspondence during the delivery process: to make a good and lasting impression. Search for products that can satisfy the following: Envelopes with unique closing and opening systems; The quality of an envelope; The artwork present on an envelope. Messaging or artwork does make a great visual difference. 2. Personalized postage stamps A creative way in which businesses of all dimensions can advertise their enterprises is personalized postage stamps. Of course, if your company is using envelopes, most certainly, it uses postage stamps as well. If you already invest in such pieces, why wouldn’t you use them for advertising purposes as well? Find a company that specializes in postage stamps personalization and print your company’s logo on these pieces. Although they seem a way too small detail to pay attention to, trust us, it is worth your attention. 3. Notebooks and sticky notes Yes, we may live in a high-tech era, but many people still prefer to organize their tasks in the old-fashioned way of putting them down on paper. Invest in personalized notebooks, but also in maybe the most popular supply ever: sticky notes. Make sure those do have some quality in them since you want them to...
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Agriculture Farm Business Tips

Are you planning to start an agriculture farm business? If so, then you must have the right information, in order to run a successful business. Furthermore, some agriculture farm business tips will certainly help you achieve your goal.

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Does Your Business Need an Insurance?

Does Your Business Need an Insurance?

No matter what business you are running, it’s best that you think ahead and purchase various insurances that will protect you and your business in case of legal problems, accidents or even a medical negligence. This way, you will gain peace of mind knowing that your money and your safety are protected by a reliable insurance policy.

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Tips on Writing a Business Model

Tips on Writing a Business Model

A business model is a system that describes how your company operates, creates and delivers value to its customers. Writing a business model involves answering the fundamental question about your company’s services, products, distribution and value. Find out more in this article.

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Best Free Advertising Methods for Small Businesses

Best Free Advertising Methods for Small Businesses

Although marketing experts recommend owners to spend from 2 to 5 percent of their gross sales on advertising, if you are still growing your business, you probably can’t afford investing that much. However, there are many free advertising methods you can use to reach potential customers.

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Overcoming Barriers in Business Model Innovation

Overcoming Barriers in Business Model Innovation

Although business model innovation is essential for a company, it is very difficult to achieve because of the barriers to changing the business model. Moreover, the tools we have are not enough and the organizational processes that are not mapped are hard to change. Find out how a company can overcome these barriers.

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The Definition of Management

The Definition of Management

The definition of management involves the human action, the organization viewed as a system, short-term and long-term objectives and 4 key management functions: planning, organizing, leading and controlling. Find out more in this article.

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What is an Entrepreneur?

What is an Entrepreneur?

In the field of political economies, entrepreneurship is the process of identifying an opportunity and starting a business venture, organizing and souring the resources, and taking all the risks and rewards involved. But what is an entrepreneur and what part does he play in an organization?

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The Primary Management Styles and How to Use Them

The  Primary Management Styles and How to Use Them

Management styles are ways of making decisions and relating to subordinates. There are many theories that divide the leadership style into different categories. The type of management you adopt greatly influence the employee’s capacity to learn and motivation, so we will teach you how to be a better leader.

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What is business development?

What is business development?

If you ask ten VPs what is business development, they will probably give you ten different answers. Some might say business development is sales, others hustling or partnerships. If this article we will unify these conflicting theories into one.

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Tips for Starting a Cleaning Business

When starting a cleaning business, you must be aware of the fact that cleaning your own home is totally different from cleaning professionally. Learning how to clean professionally and run your own business can be a challenging task. These tips will help you get started.

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The Importance of Business Ethics

The Importance of Business Ethics

Business ethics or corporate ethics is a form of professional conducts that focus on ethical principles, morals or problems that emerge in a business climate. The importance of business ethics is visible in every area and brings tremendous benefits to any organization. Find out more in the following article.

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