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	<title>Singapore Entrepreneurs</title>
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	<link>http://www.singaporeentrepreneurs.com</link>
	<description>Singapore Entrepreneurs</description>
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		<title>Internet Empire Mastery Seminar</title>
		<link>http://www.singaporeentrepreneurs.com/internet-empire-mastery-seminar/</link>
		<comments>http://www.singaporeentrepreneurs.com/internet-empire-mastery-seminar/#comments</comments>
		<pubDate>Wed, 11 May 2011 08:12:18 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[Headline]]></category>

		<guid isPermaLink="false">http://www.singaporeentrepreneurs.com/?p=274</guid>
		<description><![CDATA[Are you constantly wondering how you can step out of the rat race and truly lead a life you desire?
Have you wanted to become an entrepreneur and wondered how you can do so with little or no capital?
Do you wish to create a MILLION dollar business out of your hobby and passion?
If you answered yes [...]


Related posts:<ol><li><a href='http://www.singaporeentrepreneurs.com/5-essential-things-you-need-to-know-about-setting-up-a-business-in-singapore/' rel='bookmark' title='Permanent Link: 5 Essential Things You Need To Know about Setting up a Business In Singapore'>5 Essential Things You Need To Know about Setting up a Business In Singapore</a></li>
<li><a href='http://www.singaporeentrepreneurs.com/what-are-the-benefits-of-email-marketing/' rel='bookmark' title='Permanent Link: What Are the Benefits of Email Marketing?'>What Are the Benefits of Email Marketing?</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p>Are you constantly wondering how you can step out of the rat race and truly lead a life you desire?</p>
<p>Have you wanted to become an entrepreneur and wondered how you can do so with little or no capital?</p>
<p>Do you wish to create a MILLION dollar business out of your hobby and passion?</p>
<p>If you answered <strong>yes</strong> to any of the above, now here&#8217;s your chance to learn how to do that.Whether your hobby or interest is in baking, sewing, designing, writing, teaching, gardening, dog grooming etc., you have the ability to create a million dollar business out of it just by using the Internet.</p>
<p>You are about to learn how you can turn your hobby into a million dollar business just by adopting a right mindset, a great business plan and devise an action plan in building your online business.</p>
<p>You will learn how to determine which of your hobbies can be turned into million dollar businesses which you can invest your time and effort into, to reap amazing results and create a business that runs on autopilot.</p>
<p>You will also get the chance to go behind-the-scenes to discover what it takes to run an online business, how to set up one and what are the ways to automate the entire business, leaving you more time to do the things you really love.</p>
<p>If you are interested to discover how you can turn your hobby into a million dollar business, visit here now and be empowered:</p>
<p><a href="http://internetempiremasteryseminar.com/dap/a/?a=29">http://www.internetempiremasteryseminar.com</a></p>
<p><img class="alignleft size-full wp-image-275" title="logo350" src="http://www.singaporeentrepreneurs.com/wp-content/uploads/2011/05/logo350.jpg" alt="" width="245" height="245" /><strong> </strong></p>
<p> </p>
<p><strong>INTERNET EMPIRE MASTERY (IEM) SEMINAR </strong>is a two days online business seminar which will focus on how to identify an online business opportunity and develop a business plan for it. This seminar’s direction will be to help attendees determine which personal hobby or area of interest of theirs can be turned into a million dollar business opportunity. <span style="text-decoration: underline;">The focus is on creating an online business which requires little or no capital.</span></p>
<div><span style="text-decoration: underline;"><br /></span></div>
<div>During the two days, attendees will learn the step by step process of turning a hobby and passion into a million dollar business. More importantly, they will learn how to develop their OWN personal business plan that they can instantly implement to build their own million dollar online empire. They will learn how to adopt the right mindset as an entrepreneur, the reasons why 95% of small medium enterprises or online business owners fail in their first 5 years.</div>
<p>Attendees will also be able to learn how to create your own best selling products and how to build massive online following and lastly how they can automate the entire business.</p>
<p> </p>
<p><strong>Tickets are on sale now and are limited. So grab your ticket today!</strong></p>
<p><a href="http://internetempiremasteryseminar.com/dap/a/?a=29">http://www.internetempiremasteryseminar.com</a></p>
<p>==================</p>
<p>Internet Empire Mastery Seminar is organized by<a href="http://www.zionglobalmarketing.com"> Zion Global Marketing Pte Ltd</a> which is an internet marketing consultancy firm established in 2009 with operations based in Singapore. The company primarily provides integrated online marketing solutions which help business owners to help them gain and enhance their exposure online. The company has helped thousands of customers from US, UK, Canada, Australia, India, Germany, Italy, France, Malaysia, Indonesia and Singapore, reach out to their target market and gain visibility on search engines.  The company also operates multiple online businesses which range from selling digital products to physical products.</p>
<p> </p>


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<li><a href='http://www.singaporeentrepreneurs.com/what-are-the-benefits-of-email-marketing/' rel='bookmark' title='Permanent Link: What Are the Benefits of Email Marketing?'>What Are the Benefits of Email Marketing?</a></li>
</ol></p>]]></content:encoded>
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		<title>What Is the Most Effective Method to Market to High-Income Customers?</title>
		<link>http://www.singaporeentrepreneurs.com/what-is-the-most-effective-method-to-market-to-high-income-customers/</link>
		<comments>http://www.singaporeentrepreneurs.com/what-is-the-most-effective-method-to-market-to-high-income-customers/#comments</comments>
		<pubDate>Fri, 11 Jun 2010 08:14:51 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Editorials]]></category>
		<category><![CDATA[Marketing Tips]]></category>
		<category><![CDATA[Market to High-Income Customers]]></category>
		<category><![CDATA[marketing]]></category>

		<guid isPermaLink="false">http://www.singaporeentrepreneurs.com/?p=265</guid>
		<description><![CDATA[It is the entrepreneur’s dream—finding a rich market and then becoming popular there so that their profits are increased manifold. It may be the same product and the same business pattern, but when you are marketing to a high-income group, there are definite benefits. You get more sales and probably even a better price for [...]


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<li><a href='http://www.singaporeentrepreneurs.com/what-is-the-best-way-to-start-an-email-marketing-campaign/' rel='bookmark' title='Permanent Link: What Is the Best Way to Start an Email Marketing Campaign?'>What Is the Best Way to Start an Email Marketing Campaign?</a></li>
<li><a href='http://www.singaporeentrepreneurs.com/what-are-the-benefits-of-email-marketing/' rel='bookmark' title='Permanent Link: What Are the Benefits of Email Marketing?'>What Are the Benefits of Email Marketing?</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p>It is the entrepreneur’s dream—finding a rich market and then becoming popular there so that their profits are increased manifold. It may be the same product and the same business pattern, but when you are marketing to a high-income group, there are definite benefits. You get more sales and probably even a better price for your products and you don’t have to market too much because high-income groups won’t think much about spending on a product that they halfway think will be useful to them. Also, you save on promotional offers such as low prices and discounts because high-income groups won’t care for them.</p>
<p>And thereby hangs a tale; a tale that tells you how you can effectively market to high-income customers.</p>
<p>Bear one thing in mind. High-income groups are motivated by just one thing in all the products that they buy—high quality. They will pay more, but then they will expect the product to have superior quality and do exactly what it promises to do. This is one thing you have to ensure. If you are investing a little more in the technology and materials needed to churn out a superior product, you are probably targeting a high-income group already.</p>
<p>There is one more thing that customers from high-income groups will want to have in the products that they buy—great service. You have to ensure that the product is completely functional when it passes on to the hands of these customers, and if there is an installation involved, you have to provide for that. High-income groups have a lot of money and they would like to buy their convenience as well. Now, you will only tick if you are able to sell that convenience to them. And that includes great customer support whenever they need them. Even thinking of a 24/7 customer support plan is a very good idea.</p>
<p>If you are targeting high-income groups exclusively, you have to be careful about where you promote your products. Target places where these high-income groups are usually found, such as malls and multiplexes and cafes and places like that. You could also try to get an email or an address list of these people and send them some meaningful and helpful correspondence directly. But, never cold call! This is one thing high-income groups absolutely detest. Most of them have the words “Not interested, thank you” by default on the tips of their tongues.</p>
<p>Follow-up strategies need to be implemented as well. This helps you in various ways. You could upsell more products to them, such as credit card sellers are always trying to peddle other things such as holiday plans, etc. to their customers, and also you get a good name for your promptness and service which they will be only too happy to recommend to their other high-income friends.</p>


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<li><a href='http://www.singaporeentrepreneurs.com/what-is-the-best-way-to-start-an-email-marketing-campaign/' rel='bookmark' title='Permanent Link: What Is the Best Way to Start an Email Marketing Campaign?'>What Is the Best Way to Start an Email Marketing Campaign?</a></li>
<li><a href='http://www.singaporeentrepreneurs.com/what-are-the-benefits-of-email-marketing/' rel='bookmark' title='Permanent Link: What Are the Benefits of Email Marketing?'>What Are the Benefits of Email Marketing?</a></li>
</ol></p>]]></content:encoded>
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		</item>
		<item>
		<title>What Are the Benefits of Email Marketing?</title>
		<link>http://www.singaporeentrepreneurs.com/what-are-the-benefits-of-email-marketing/</link>
		<comments>http://www.singaporeentrepreneurs.com/what-are-the-benefits-of-email-marketing/#comments</comments>
		<pubDate>Fri, 04 Jun 2010 07:25:52 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Marketing Tips]]></category>
		<category><![CDATA[Benefits of Email Marketing]]></category>

		<guid isPermaLink="false">http://www.singaporeentrepreneurs.com/?p=244</guid>
		<description><![CDATA[Are you seriously considering email marketing to enhance the prospects of your business? If you are, then you are doing a very good thing. Email marketing is the mode that most businesses are using today, even offline ones, because they have realized the vast marketing potential that lies in these kinds of campaigns.
Here we shall [...]


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<li><a href='http://www.singaporeentrepreneurs.com/what-is-the-most-effective-method-to-market-to-high-income-customers/' rel='bookmark' title='Permanent Link: What Is the Most Effective Method to Market to High-Income Customers?'>What Is the Most Effective Method to Market to High-Income Customers?</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p>Are you seriously considering email marketing to enhance the prospects of your business? If you are, then you are doing a very good thing. Email marketing is the mode that most businesses are using today, even offline ones, because they have realized the vast marketing potential that lies in these kinds of campaigns.</p>
<p><strong>Here we shall take a look at the top 10 benefits of email marketing to your business.</strong></p>
<p>1.	You can directly reach out to your targeted customers. Think about it—who will you be sending out emails to? Naturally, to people who have evinced some interest in your product by either reading an article or a blog post you have written, or by visiting an affiliate website and getting hooked by your ad or by visiting your website directly. These people have, in a way, already taken some action to be with your online presence. So, it would take you very little effort to convince them to do business with you. Email marketing can help you achieve that.</p>
<p>2.	It is inexpensive. If you wanted to, you could do email marketing with an absolute zero investment. And even if you decided to buy some software and hire some writers, it would still be cheaper than most other advertising methods that prevail.</p>
<p>3.	This is the advertising method of the new age. And people like something that is new and sophisticated. It adds to the credibility of the business.</p>
<p>4.	The cornerstone of your email marketing campaign will be the emails that you will send. If you take due care to make these emails truly meaningful and interact with people to whom you are sending those emails, your credibility is already established. Your target will understand you are someone that can deliver.</p>
<p>5.	Don’t forget the convenience factor. In your emails, you are going to provide people with direct links to your business website, which they will be encouraged to visit. Place these links strategically, ideally after your basic content of the email is through, and you will see how people start visiting your website after each email that you send.</p>
<p>6.	People also get the convenience of right away going and comparing your product with other available products on the Internet and also to find out what people are talking about your product. They can make better buying decisions.</p>
<p>7.	Today, you have a range of features at your disposal that you can use to enhance your email marketing prospects. You could add videos, for example, and you can ask people to subscribe to your RSS feeds. All these methods might seem a bit too technical, but at the end of the day, they are all that work.</p>
<p>So, email marketing is something that can veer your business in the right direction. You have to understand how to unleash its potential on your business and make the most of it.</p>


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</ol></p>]]></content:encoded>
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		<title>Tips on Expanding Your Business</title>
		<link>http://www.singaporeentrepreneurs.com/tips-on-expanding-your-business/</link>
		<comments>http://www.singaporeentrepreneurs.com/tips-on-expanding-your-business/#comments</comments>
		<pubDate>Wed, 12 May 2010 15:17:36 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Editorials]]></category>
		<category><![CDATA[business expansion]]></category>
		<category><![CDATA[Expanding Your Business]]></category>

		<guid isPermaLink="false">http://www.singaporeentrepreneurs.com/?p=240</guid>
		<description><![CDATA[Are you looking at ways and means to expand your business? Resources are definitely important if you have to take your business out of the domain it currently exists in, but there are several other much simpler ways that you can use. Here we shall talk about some easy ways in which you can expand [...]


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<li><a href='http://www.singaporeentrepreneurs.com/what-is-the-most-effective-method-to-market-to-high-income-customers/' rel='bookmark' title='Permanent Link: What Is the Most Effective Method to Market to High-Income Customers?'>What Is the Most Effective Method to Market to High-Income Customers?</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p>Are you looking at ways and means to expand your business? Resources are definitely important if you have to take your business out of the domain it currently exists in, but there are several other much simpler ways that you can use. Here we shall talk about some easy ways in which you can expand your business.</p>
<p><strong>Take Up a Franchise</strong></p>
<p>Once you have established your worth as an entrepreneur with your own business, you can go to a further realm by taking up a franchise for a brand that is more popular. There are many chain stores that are looking for good franchisees to expand their businesses and this could be an opportunity lying in wait for you. Check out what kind of competition you have in your local market, which you have already assessed when running your own business, and then see what is lacking.</p>
<p>If you feel there is potential for a bigger brand to start operations in your area, you can approach them with a franchisee proposal. Of course, your proposal needs to be strong and convincing. The company that owns the bigger brand will want to make sure they are giving their brand identity in capable hands. The benefit is that once you have taken up a franchise, the larger company will do all they can in order to help you set up and promote their business.</p>
<p><strong>Introduce a New Related Product</strong></p>
<p>This is another great way to expand your business and actually it doesn’t take much investment. You can start a business with a product that is related to the one you are already selling. For instance, if you are already selling water filters, you could start selling water coolers as well.</p>
<p>There are several advantages in expanding into a related area. Firstly, you already have a brand name which you can rollover to your new product. Then you probably know the technology also and maybe you could use your existing staff for the expanded business as well. You won’t need to invest for the whole infrastructure too, because you can use most of the things you are using for your existing business. And, very importantly, you already have an existing market that you can tap into.</p>
<p><strong>Expand Your Region</strong></p>
<p>One more way to expand your business is to set up a branch in a different area and make your business more geographically expanded. You can do this at a very minimal expense because you already have everything that you need for production, or at least you have a very clear idea of what is needed. Also, you have your brand identity also and you know the strategies that would work to promote your existing product all over again.</p>
<p>These are three ways in which you can expand your business and take it into new directions. If you aren’t thinking about expanding, you are probably missing out on a great opportunity. By norm, every business that has been functioning for 3 years should think of expansion and enhance its potentials.</p>


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<li><a href='http://www.singaporeentrepreneurs.com/what-is-the-most-effective-method-to-market-to-high-income-customers/' rel='bookmark' title='Permanent Link: What Is the Most Effective Method to Market to High-Income Customers?'>What Is the Most Effective Method to Market to High-Income Customers?</a></li>
</ol></p>]]></content:encoded>
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		<title>What Is the Best Way to Start an Email Marketing Campaign?</title>
		<link>http://www.singaporeentrepreneurs.com/what-is-the-best-way-to-start-an-email-marketing-campaign/</link>
		<comments>http://www.singaporeentrepreneurs.com/what-is-the-best-way-to-start-an-email-marketing-campaign/#comments</comments>
		<pubDate>Thu, 15 Apr 2010 11:12:27 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Marketing Tips]]></category>
		<category><![CDATA[Email Marketing Campaign]]></category>

		<guid isPermaLink="false">http://www.singaporeentrepreneurs.com/?p=237</guid>
		<description><![CDATA[Starting an email marketing campaign is a great way to enhance the prospects of an online business. It enables the entrepreneur to get in direct touch with their potential customers. A path is paved for personal communication; and in this era of Web 2.0, online customers are looking to be as personal as they can [...]


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<li><a href='http://www.singaporeentrepreneurs.com/what-is-the-most-effective-method-to-market-to-high-income-customers/' rel='bookmark' title='Permanent Link: What Is the Most Effective Method to Market to High-Income Customers?'>What Is the Most Effective Method to Market to High-Income Customers?</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p>Starting an email marketing campaign is a great way to enhance the prospects of an online business. It enables the entrepreneur to get in direct touch with their potential customers. A path is paved for personal communication; and in this era of Web 2.0, online customers are looking to be as personal as they can get with the businesses they want to deal with. In addition to that, email marketing is the cheapest way in which you could communicate directly with your targeted market segment, and the most effective way at that as far as conversions are concerned.</p>
<p>There are basically three steps you have to follow in order to start an effective email marketing campaign. Here they are.</p>
<p><strong>#1 – Build Your List</strong></p>
<p>Any online marketer worth their salt will tell you that the money is in the list. Your list should be a list of your hot traffic, i.e. people who have visited your website or read your article or blog somewhere with an interest in your business. If you give these people the right push, they will become your customers. But, for now, they are your list.</p>
<p>You could entice people to add themselves to your list by offering them freebies, which could constitute great articles that you submit on directories, some wonderful blog posts or even free eBooks and newsletter subscriptions. People love to have something for free and in return they would even opt in to your list to receive more freebies.</p>
<p><strong># 2 – Use an Autoresponder Program</strong></p>
<p>People want to know that there is someone out there as soon as they have taken a particular action, such as adding themselves to your list. They want to be reassured that they have done the right thing. What better than to send them an email right away? This is where your email autoresponder software program comes into handy. Configure your email autoresponder so that they send friendly messages to people who have welcomed themselves aboard and continue the tradition by sending them at least one informative email a week which has content that they like to read.</p>
<p><strong># 3 – Keep Following Up</strong></p>
<p>The success of an email marketing program lies in sending great emails at regular intervals. The more meaningful your emails are, the more people will become interested in your product and the time will hopefully come when they decide to become your customers. However, you have to construct these emails very carefully, weighing each word so that it doesn’t seem too pitchy or too pushy but still does the trick. Subtlety is the name of the game here, but at the same time you have to provide them a direct link where they can click and visit to get hold of your product for themselves.</p>


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<li><a href='http://www.singaporeentrepreneurs.com/what-is-the-most-effective-method-to-market-to-high-income-customers/' rel='bookmark' title='Permanent Link: What Is the Most Effective Method to Market to High-Income Customers?'>What Is the Most Effective Method to Market to High-Income Customers?</a></li>
</ol></p>]]></content:encoded>
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		<title>Interview with Richard Branson (CBS News)</title>
		<link>http://www.singaporeentrepreneurs.com/interview-with-richard-branson-cbs-news/</link>
		<comments>http://www.singaporeentrepreneurs.com/interview-with-richard-branson-cbs-news/#comments</comments>
		<pubDate>Tue, 23 Mar 2010 08:04:25 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Interviews]]></category>
		<category><![CDATA[Videos]]></category>
		<category><![CDATA[Interview with Richard Branson]]></category>

		<guid isPermaLink="false">http://www.singaporeentrepreneurs.com/?p=262</guid>
		<description><![CDATA[
An interesting interview with entrepreneur Richard Branson to be a source of motivation to would-be entrepreneurs. 


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<p>An interesting interview with entrepreneur Richard Branson to be a source of motivation to would-be entrepreneurs. </p>


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		<title>How to Motivate Your Employees and Maximize Efficiency</title>
		<link>http://www.singaporeentrepreneurs.com/how-to-motivate-your-employees-and-maximize-efficiency/</link>
		<comments>http://www.singaporeentrepreneurs.com/how-to-motivate-your-employees-and-maximize-efficiency/#comments</comments>
		<pubDate>Fri, 19 Mar 2010 06:01:27 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Editorials]]></category>
		<category><![CDATA[Maximize employee Efficiency]]></category>
		<category><![CDATA[Motivate Your Employees]]></category>

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		<description><![CDATA[If you are running a business, you will quite well recognize the importance of motivated employees to run your enterprise. When employees are motivated, they work with better enthusiasm and thus they become more productive. This is good news for any business.
Motivating your employees to maximize efficiency is not as difficult as it sounds. At [...]


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<li><a href='http://www.singaporeentrepreneurs.com/what-is-the-best-time-to-hire-your-first-employee/' rel='bookmark' title='Permanent Link: When Is the Best Time to Hire Your First Employee?'>When Is the Best Time to Hire Your First Employee?</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p>If you are running a business, you will quite well recognize the importance of motivated employees to run your enterprise. When employees are motivated, they work with better enthusiasm and thus they become more productive. This is good news for any business.</p>
<p>Motivating your employees to maximize efficiency is not as difficult as it sounds. At the end of it, we are dealing with people and whether they are employees or not, there are specific behavioral patterns that can be used to motivate people. Here we shall look at a few of the most effective ones.</p>
<p><strong>Reward Your Best Employees</strong></p>
<p>If you expect your employees to stick their necks out and do something more for the company than what their job entails, then you have to make sure they get compensated something more than their pay packet too. This is where the question of a reward comes into the picture. Single out highly motivated workers in your establishment and give them rewards. Basically, what you are doing is you are bringing their achievements into prominence and that acts as an inspiration for your other employees to work better as well.</p>
<p><strong>Use the Personal Approach</strong></p>
<p>Wherever you can, try to be personal with your employees, but within limits. You don’t need to slap their backs at every opportunity and address them by their first names so much that it becomes invasive, but probably you could do all of this within a particular limit. One way to do that is to give them a word of personal appreciation for a job well done. Actually, such words are more honored by employees looking for motivation than monetary rewards. Cash bonuses are remembered only till they are spent; but appreciative words linger on for much longer in your employees’ memories.</p>
<p><strong>Make a Proper Initial Plan</strong></p>
<p>When your intention is to motivate your employees and maximize their efficiency, it becomes highly important for you to have a properly set plan of action. When you are announcing something new and you expect your employees will perform well, it becomes your responsibility to give them a clear-cut idea of what is expected. Divide your tasks according to the proficiencies of your employees. Don’t burden them with things they cannot do. Giving people jobs they can do well is to ensure you get a good product at the end of it all.</p>
<p><strong>Involve Yourself</strong></p>
<p>Some employers have the obnoxious habit of distancing themselves from the assignments they give to their employees. This distance could be lethal, especially when you are giving a new task to your employees. It won’t do for you to be just there to listen to their reports when they have presumably done what you have set them to do. The better approach is to keep your doors open for suggestions and feedback and give suggestions yourself and keep yourself appraised of everything that’s going on with the assignments that your employees are handling.</p>


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<li><a href='http://www.singaporeentrepreneurs.com/what-is-the-best-time-to-hire-your-first-employee/' rel='bookmark' title='Permanent Link: When Is the Best Time to Hire Your First Employee?'>When Is the Best Time to Hire Your First Employee?</a></li>
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		<title>How to Start a Successful Business</title>
		<link>http://www.singaporeentrepreneurs.com/how-to-start-a-successful-business/</link>
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		<pubDate>Sat, 20 Feb 2010 17:56:55 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Videos]]></category>
		<category><![CDATA[How to Start a Successful Business]]></category>

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		<description><![CDATA[
Simple tips on how to start a successful business on your own are shared in this short video. 


Related posts:6 Tips for Start-Ups in 10 minutes



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<p>Simple tips on how to start a successful business on your own are shared in this short video. </p>


<p>Related posts:<ol><li><a href='http://www.singaporeentrepreneurs.com/6-tips-for-start-ups-in-10-minutes/' rel='bookmark' title='Permanent Link: 6 Tips for Start-Ups in 10 minutes'>6 Tips for Start-Ups in 10 minutes</a></li>
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		<title>When Is the Best Time to Hire Your First Employee?</title>
		<link>http://www.singaporeentrepreneurs.com/what-is-the-best-time-to-hire-your-first-employee/</link>
		<comments>http://www.singaporeentrepreneurs.com/what-is-the-best-time-to-hire-your-first-employee/#comments</comments>
		<pubDate>Sun, 14 Feb 2010 06:00:45 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
				<category><![CDATA[Editorials]]></category>
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		<description><![CDATA[Your business is moving on. It is not the mom-and-dad enterprise you started out with. Things are rolling and now you want more hands to manage your work. And that’s the reason you are planning to hire someone. You are making a major decision here—you are bringing someone totally new into your business world and [...]


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			<content:encoded><![CDATA[<p>Your business is moving on. It is not the mom-and-dad enterprise you started out with. Things are rolling and now you want more hands to manage your work. And that’s the reason you are planning to hire someone. You are making a major decision here—you are bringing someone totally new into your business world and you are quite justified if you have some degree of apprehension about it. </p>
<p>There are several things you have to consider when you are planning to hire your first employee. These are some of the important questions whose answers you need to know:-<br />
1.	Are you able to manage the added expense of an employee?<br />
2.	Are you ready to delegate part of your business, which you have been doing yourself so far, to someone else?<br />
3.	Are you prepared to allow some outsider to come into your business and be a part of it, even to a little extent?<br />
4.	Are you good in dealing with people? Your employee will be a person and you will have to consider their feelings, capabilities, responsibilities, etc.</p>
<p>So, bringing in an employee is not all about getting someone to do your work for you. It is not all that simple, and indeed the difficulty is more when you are hiring your first employee. The reason for that lies in the fact that you have handled most of these tasks all by yourself so far and you might actually detest someone else taking over those jobs.</p>
<p>However, if you want to reason it out why you want to hire someone, these are some of the thoughts that could help.<br />
1.	You are expanding your little enterprise. You are taking it into a new direction. At such a time, you will need more human hands. A new employee or probably even a couple of them sounds logical.<br />
2.	You have your business plan totally ready. You know perfectly well what part of your business you will like to continue doing. You have a crystal clear idea of what jobs you would like to delegate. It is at such a time that you can bring an employee in, giving them a clear idea of what they are expected to do.<br />
3.	You have a properly managed plan about your finances. You are sure you can handle the extra expense. More importantly, you are sure hiring someone will increase your business profits. This is the biggest judging factor for hiring a new employee.<br />
4.	Another very important point to consider is this. You are sure you want to give part of your nonpaying jobs, such as bookkeeping responsibilities, to someone else so that you can focus your efforts more into production and marketing strategies for your business. Bookkeeping is something others can handle, but you are needed where unique and profitable ideas need to be implemented.</p>
<p>Take such considerations into account. Hiring an employee isn’t always profitable, especially if you have other cost-effective ways of getting the job done. But think about the points we mentioned and you should be able to arrive at a good decision.</p>


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		<title>5 Essential Things You Need To Know about Setting up a Business In Singapore</title>
		<link>http://www.singaporeentrepreneurs.com/5-essential-things-you-need-to-know-about-setting-up-a-business-in-singapore/</link>
		<comments>http://www.singaporeentrepreneurs.com/5-essential-things-you-need-to-know-about-setting-up-a-business-in-singapore/#comments</comments>
		<pubDate>Wed, 27 Jan 2010 04:49:11 +0000</pubDate>
		<dc:creator>Admin</dc:creator>
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		<description><![CDATA[Singapore is now ranked and named as one of the world&#8217;s most competitive and prosperous countries. Its per Capita GDP is on a par with that of the premier nations of Western Europe. If you are planning on venturing in the business industry, there&#8217;s no better place to set-up your business than Singapore. Singapore&#8217;s political [...]


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<li><a href='http://www.singaporeentrepreneurs.com/tips-on-expanding-your-business/' rel='bookmark' title='Permanent Link: Tips on Expanding Your Business'>Tips on Expanding Your Business</a></li>
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			<content:encoded><![CDATA[<p><a href="http://www.singaporeentrepreneurs.com/wp-content/uploads/2010/01/iStock_000010848293XSmall.jpg"><img class="alignleft size-full wp-image-169" title="Business team standing" src="http://www.singaporeentrepreneurs.com/wp-content/uploads/2010/01/iStock_000010848293XSmall.jpg" alt="Business team standing" width="340" height="226" /></a>Singapore is now ranked and named as one of the world&#8217;s most competitive and prosperous countries. Its per Capita GDP is on a par with that of the premier nations of Western Europe. If you are planning on venturing in the business industry, there&#8217;s no better place to set-up your business than Singapore. Singapore&#8217;s political environment is very ideal for setting up a business. With the emphasis on excellence and efficiency, the Parliamentary democracy system of Singapore has made its government sturdy and well-organized making it ideal for entrepreneurship.</p>
<p>You must be at least 18 years old for you to be able to conduct a business in Singapore. But before you make any further move, there are 5 essential things that you need to know about setting up a Business in Singapore.</p>
<p>1. Got to have a Business Plan</p>
<p>As one of the most competitive countries in the world, competition in Singapore is very fierce. That&#8217;s why your business has to be well-planned. Planning is part of the decision making process where we integrate and decide which move to make in order to achieve our desired outcomes. Before setting-up a business, you need to have a business plan. A well-planned business will surely end up successful. Starting anew business means you have to begin from scratch &#8211; no customers and new products and no assurance for success. This is why you need to have a business plan which will serve as a blueprint.</p>
<p>2. Know what type of business to venture in</p>
<p>Singapore has various types of businesses and deciding on what business entity to go into is important. You could either have a business in which you are the sole proprietor or conduct a business partnership or build a company. If you are starting up on a small business, sole proprietorship is the right choice. What&#8217;s good about this type of business entity is that it is the simplest to set up and there is only one owner; you. Business partnership type involves more than one business owners, who share all the liabilities, business income and managerial responsibilities. A company on the other hand, involves stock holders. What&#8217;s good about incorporating a company is that liabilities are minimized.</p>
<p>3. Decide on the Products and Services</p>
<p>You need to decide on what type of services or products you want to market. Once you have decided on the kind or product or service to market, you also need to think about other factors. First think if the product you want to sell would be beneficial to the consumers. Secondly, make sure that the product is different from other existing products. Thirdly, think if the products can be easily sold. Fourthly, you need to consider the availability of the product. Can the product be easily obtained from the suppliers? Lastly, consider the materials and equipment you&#8217;ll need in order to produce the product. Taking into consideration these factors will help you decide on what type of product to sell.</p>
<p>4. Analyze the Market and know the target</p>
<p>You need to identify your prospective buyers. It will help you drive or increase your marketing sales if you know how to properly identity your prospective customers. Proper analysis of the target market is also important. You need to have an idea of the exact size of the market you are targeting. Factors you should consider are age group, gender, customer&#8217;s income, occupation, level of education and lifestyle preferences and geographical location. Your product&#8217;s position in the market will depend on the customers&#8217; motivation to buy the product. Their decisions are affected by the way they perceive the product as something beneficial or not.</p>
<p>5. Get a permit</p>
<p>After laying out your blueprint and choosing the right product to sell in the market, as well as deciding on your target customers, you are now ready to set up a business in Singapore. If you are a foreigner who is not a permanent resident and wanted to actively run a business in Singapore, you have to apply for an EntrePass from Singapore&#8217;s Ministry of Manpower (MOM). However, if you don&#8217;t want to apply for an EntrePass, you can appoint a person who is Singapore citizen to act on your behalf.</p>
<p>If you are a Singapore citizen and wanted to start up a business, you also need to have licenses and business permits. You can avail for a Singapore Personal Access (SingPass) so you can transact with various Singapore governments online services.</p>
<p>These are the 5 essential things you need to know before setting up a business in Singapore. Now that you have an idea what these things are, you are now ready to venture in the business industry of Singapore.</p>


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<li><a href='http://www.singaporeentrepreneurs.com/tips-on-expanding-your-business/' rel='bookmark' title='Permanent Link: Tips on Expanding Your Business'>Tips on Expanding Your Business</a></li>
<li><a href='http://www.singaporeentrepreneurs.com/internet-empire-mastery-seminar/' rel='bookmark' title='Permanent Link: Internet Empire Mastery Seminar'>Internet Empire Mastery Seminar</a></li>
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