We Guide You to Realize Your Business Dreams

It is a dream for many people to start one’s own company. When you have worked for a few years and gained experience in a particular field, it is the time for you to think of starting your own business. An own business gives you the freedom to unleash all your potential. There are no limits to what heights you can reach when you are in control of your future. Starting a business is not an easy job, but with the assistance and support of a good consultant, you can do it without any hassles. 3E Accounting is a consultant that has helped many entrepreneurs to start their own business and become a huge success. We don’t just help them start the business but also be with them throughout the journey and give necessary directions whenever required. Our support has been useful for many new entrepreneurs.

The question that is on the minds of most new entrepreneurs is how to set up own company. 3E Accounting can help you in setting up your company. There are a few things that you should do before you can set up your company. We can guide you with these steps.

The first thing to do is to determine what type of company you want to start. For a local entrepreneur, Singapore offers three types of companies basically. You can start a sole proprietorship firm, a limited liability partnership or a private limited company. Each has its own benefits.

A Private Limited Company is the most preferred type of company to start in Singapore. It is a separate legal entity and doesn’t affect any of your personal assets whatsoever. The private limited company’s liabilities are limited to it. Any loss or liability will not in any way affect your personal assets. A Limited Liability Partnership offers the advantages of a partnership with that of a private limited company. This is a good format for professionals like lawyers or accountants to partner while also protecting their personal assets. The Sole Proprietorship is the type suited for people who like their full freedom in business. It is very economical and easy to set up, but the owner is also responsible personally for all liabilities of the firm.

Once you have finalized the business model the next step is to find the finances for the same. You may use your own money or try to get funding from various agencies. In Singapore, there are many organizations ready to advance money for new and interesting ventures. You may contact the various agencies and arrange for the finance. You need to then find an office in a good location if your business requires people to visit your office frequently. If you are starting as a business that can be operated from home, then you can save on the rent and other expenses.

Many youngsters today wonder how to start an online business and make it a success. The two basic things you need are good products or service and a good online marketing campaign. With these two you can achieve heights which other businesses have not been able to achieve.

If you want to do job in Singapore or have an employment opportunity in Singapore, you will have to apply for the employment pass or work visa in the same city.