Employers will find it easier to qualify for the grant. Instead of requiring at least 20 per cent of all employees to be on flexible work arrangements, the enhanced scheme requires each company to have just one employee working on such an arrangement. Second, the quantum of the Work-Life Grant will be increased per employee,…
Keeping Singapore in good fiscal health, longer-term goals of transforming the economy and the local workforce will likely top the agenda at Budget 2018. SINGAPORE: When Finance Minister Heng Swee Keat delivers the Budget for 2018 on Monday (Feb 19), the focus will be on the long term. One reason being this year’s Budget…
The opportunity for business to work smarter not harder is here. As business owners we want our employees to work smarter all the time, we monitor their performance and endeavour to maximise employee output, traditionally monitored by KPI’s and sales targets. What if there was a way to lessen the stress on one of your…
Coming up with a product idea for your new online business can be difficult. More difficult still is building the confidence to make the jump and go through with your idea once you do have one. Will anyone care? Will anyone buy it? These are common questions you’ll ask yourself at some point in your journey. Truth…
Do you have lots of visitors but not a great deal of sales? In other words, are you having trouble converting customers? It’s a condition that affects many online stores. But don’t worry: It can be fixed. There are lots of reasons for people being hesitant to buy from you after they visit your online…
Based on SPRING website which was last updated on 30 May 2017, there is a change in the development areas for the Capability Development Grant (CDG). The new development area is as per figure below. The following development areas from the previous CDG chart were taken out. Some of the areas might be placed in…
Supporting Your Startup Journey Startup SG represents the shared interests of the startup community and positions Singapore as a leading startup hub. It provides entrepreneurs with a launchpad to connect them to the global stage, and a platform to access local support initiatives. Currently, there are six pillars of support – Startup SG Founder, Startup…
How do some small businesses like Diamond Candles (230,000+ Facebook Fans), Luxy Hair (708,000+ YouTube Subscribers) and DodoCase (Winner of Shopify’s Build-a-Business Contest) break through in their hyper-competitive niches and become market leaders in less than a few years? One of the most important factors in creating a successful eCommerce business is knowing what to sell online. Finding the perfect product(s) to…
The Association of Chartered Certified Accountants (ACCA) and Institute of Management Accountants (IMA) rated Singapore as the most SME friendly government in the world in their recent Global SME Performance Review report. Singapore is followed by the UAE and the UK respectively. Singapore has scored highly on key aspects such as its attractive tax system,…
SMEs are particularly vulnerable in times of crisis. They face problems such as lack of access to funding, incapacity to expand, and steep business costs. Author: Sabine Chen Things are looking glum for Singapore’s economy this year. The slowdown in China’s economy has hit hard amidst dropping oil prices and the volatile nature of global stock…
