On Monday, 19 Jan 2019, Finance Minister Heng Swee Keat delivered the Budget 2019. Mr Heng announced new initiatives and expansions worth S$1 billion, aimed at enabling businesses to grow. Here is how Budget 2019 will impact your business. The budget outlines three areas of focus to deepen enterprise capabilities: …
Top 10 Books To Improve Your Negotiation Skills
Negotiation is undoubtedly one of the most important skills for any entrepreneur. It comes in handy when you are trying to convince an angel investor to fund your business launch, or when you are urging an investor to continue investing in your company after failing to hit certain milestones. When …
Government Agencies You Need To Know In Singapore
While dreadful, documentation, as well as other logistical and administrative matters, are unavoidable when doing business. Here are some government agencies in Singapore that you should be familiar with as an SME owner to make the administrative process a breeze. Accounting and Corporate Regulatory Authority (ACRA) Given that every registered business …
How To Create A Mission And Vision For Your Company
Creating an impactful and relevant mission and vision for consumers, shareholders, employees and all stakeholders is perhaps one of the first few tasks for budding business owners. However, It can be daunting for even the best of entrepreneurs to craft a good quality mission and vision that can effectively capture …
How To Formulate An Effective One-Page Business Plan
More often than not, getting started is the hardest part for an entrepreneur. Instead of aiming to do a lengthy, detailed and formal business plan, it may be easier to start small with a simple, quick, and effective one-page business plan. A business plan is a road map that shows …
Starting the Year Right with Funding Societies
We kickstarted January of 2019 by hosting our first investor events of 2019. On the 22nd of January, some of our existing investors (in the Prestige, Platinum and Gold tiers of FS Privilege loyalty program) were invited to an exclusive dinner and update. Our co-founder, Kelvin Teo, shared our 2018 …
Top 10 Fintech Books to Read in 2019
Southeast Asia is on a steady track to becoming an innovation destination. Singapore, with its strategic investment in R&D funding and STEM (Science, Technology, Engineering and Math) education, went up to the third spot in 2018 Bloomberg Innovation Index, while US fell out of the top 10 last year. As …
How to Grow Your Ang Pow Money
Chinese New Year is just around the corner and it is an exciting season for many reasons – it’s the best time to catch up with your family over good food, to do house visitations and of course to receive Angpaos.(Chinese red packets containing money gifts) However, many people do not …
Step-By-Step Guide to Investing With Funding Societies in 2019
Are you interested to start investing in SMEs with us but have no idea how to start? We have created a step-by-step guide to facilitate your sign up process. Step 1: Create your profile on our sign up page. Step 2: Upload a scanned copy of the relevant documents for investor …
How to Help An SME Get Financed And Get Rewarded
Have you come across business owners urgently looking for business financing but are unsuccessful in their attempts to get from banks or other sources? You can be a lifeline by referring them through Funding Societies’ SME Referral Programme. Besides providing the SME with an alternative avenue for financing, you also …