Why now is the perfect time to start a business in Singapore – plus, we dish our tips on how to overcome the paperwork. (Hint: It involves Expat Consulting!)
Have you been toying with the idea of starting a business in Singapore? Are you bored, feeling like you aren’t using your skills and sick and tired of being reliant on your partner’s salary? Do you want to feel truly satisfied professionally and emotionally each day? We hear you. We have been there.
You might think that because of Covid-19, 2020 is a terrible time to start a business. It’s too risky, too expensive, too difficult with all the required paperwork in Singapore… But deep down, you know that you need to do something more satisfying than just being a great mum and a good partner – which you know is important, but you have a whole lot more to give!
Speaking from personal experience, I was once a ‘trailing spouse’ and totally disengaged professionally. But I just knew I wanted my own business! The thought of the costs and paperwork was daunting, but now, I absolutely have no regrets. I think that for most female entrepreneurs like myself, the only regret is not taking action earlier.
So what do you do if you want to start your business, stat? Enter Expat Consulting, led by Jan Young, a British expat with an incredible team who can get you set up and running in no time. If you want to learn more, Expat Consulting is offering a free workshop called ‘Business Registration – what you need to know’. This one-hour session will cover the pillars, processes and pop-up Q&A for 10 readers this month. In this intimate workshop (with only five participants per group), you will get the chance to understand what is involved in setting up a business in Singapore from the ground up.
Why did we start our business with Expat Consulting?
Full disclosure: Expat Consulting handles all of our accountancy and corporate services needs in Singapore (so we know Jan and her team of local experts very well!) and we can’t recommend them highly enough. Expat Consulting is not only incredibly knowledgeable, its service is also second to none. The team covers a full suite of services across business registration, accounting, tax and HR – which makes the process of starting a business a whole lot simpler! They provide a complete overview to ensure that you are compliant with ACRA, while giving actionable advice on how to apply for your company bank account, file your work pass applications and set processes in place for future accounting and tax matters.
Plus, Jan is an expat, so she completely understands all the complexities about running a company in Singapore as a foreigner. This is incredibly reassuring and comforting when you are living and working in a foreign country.
You might think that 2020 is not the year to take risks like starting a business – but think again, we say. There’s a saying that goes, ‘never waste a crisis’. While 2020 brings so much change, it brings great amounts of opportunity as well. Everyone is looking to the ‘new world’ and the ‘new way’ of working, with much experimentation and change. So if you’ve been itching to start a business of your own, now’s the time to take a leap of faith. Say goodbye to feeling bored, unfulfilled, frustrated or unchallenged!
What are you waiting for?
With only 10 spots for the free workshop, what’s stopping you from contacting Expat Consulting today? Fastest fingers first!
This article is in partnership with Expat Consulting.