Which local bank has the best banking support for startups?

Which local bank has the best banking support for startups?

Setting up a business in Singapore is easy in comparison to many South-East Asia countries.   From sourcing office premises to start-up banking accounts, you will be spoilt for choices. However, which banks provides the best banking support for your new business? Understandably running a start-up is a time and money intensive endeavour. The three local banks (DBS, OCBC, UOB) now keenly recognize the banking needs of bootstrapped startups, especially the need for low cost fees and digital banking services. Let’s look at the three popular local banks’ level of…

How Might Blockchain Technology Affect the Future of HR?

How Might Blockchain Technology Affect the Future of HR?

Blockchain technology is probably best known as the tech that is behind the use of bitcoin. Blockchain has become a major factor of consideration across a range of industries in recent years- from the US’ biggest health insurer appointing a Blockchain Director to the head of the ECB nervously watching how the industry develops. HR is no exception, and as influential as it may be, you would be excused for not being clued up on this revolutionary software. Here, we take a look at the implications blockchain might have on the world Of HR….

6 Tools That You Need to Make Your Employees Succeed

6 Tools That You Need to Make Your Employees Succeed

In business, your tools matter.   The methodology and hardware with which you promote and build your business is what really sets you apart from your competitors. It’s not that mentality does not matter, but that your mentality is best described in the ensemble of tools and methods with which you define your company, and carve out a piece of your own within your industry. If you feel that you’re not doing enough to help your employees push themselves to the very limits of productivity and achieve true efficiency, then…

Starting a business? Choose your investors carefully

Starting a business? Choose your investors carefully

Funding for start-up companies is essential and not always easy to source.   Unless you already have a substantial nest egg or are independently wealthy, it’s almost impossible to start a new business venture without bringing in outside investors. This can be an extremely difficult process, involving some enquiry and investigation about those you think might be interested in investing in your enterprise.   The right choice When you’re starting out with no seed money, it’s tempting to accept the first investment offer that comes your way. Entrepreneurs enthusiasm often…

6 Fun (but useful) Traits To Look For When Recruiting For Your Start Up

6 Fun (but useful) Traits To Look For When Recruiting For Your Start Up

Creating a start-up is an exciting journey!   The establishment of a little idea into the action of empowering people, communities and society at large is greatly valued in today’s world. Even so, building a start-up from the ground up into a viable, profit-making business, is equally as thrilling. Part of the exhilarating experience is recruiting the team of people for the job. Find the right people, and you have potential to grow your company exponentially. At the same time, finding people who are FUN makes work a whole lot…

5 lessons a typical MBA won’t teach you

5 lessons a typical MBA won’t teach you

An MBA is a great way to upgrade your knowledge and expand your network, however there are five lessons that mugging for an MBA won’t teach you about working in Singapore. 1. How to deal with unions You may be momentarily bewildered when approached with this subject. Yes they do exist in Singapore, collectively bargaining for workers even at PME level. Absence of multiple legal strikes and protests is often mistaken as ineffectiveness of unions, but look deeper at events preceding important labour legislative changes and you’ll realize a pattern…