Singapore is a country known for its efficiency, orderliness and honesty with a pro business climate. There is a developed technological infrastructure and legal system (including Intellectual Property laws), which are invaluable to a start-up. However, in well-educated and fast-moving Singapore, people tend to be more career-oriented. Thus, many talented Singaporeans would be more tempted by the allure and stability of an established Multinational Corporation (MNC) rather than the uncertainty of start-ups.
read moreNow that you know what a business plan is, it is crucial to know the importance behind having one. Execution is everything and a business plan helps to ensure that your execution of your business is as optimal as you can be. Obviously, it does not guarantee success, but it helps put you on the road to it.
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