Is it possible to run a small business using my SmartPhone?

Although technology has advanced and it helps us manage our time better, it is not advisable to be too reliant on technology. In all business, human interaction and intervention is necessary for the business' growth and development. As business owners, we need to be considerate to our customers who are technology migrants or to those who are not familiar with the advancements. Customers should always come first and in order to do that, human interaction is required to feel and understand the needs of the customers.

The first skill you need to master is strategic planning. In order for a business to succeed, a foolproof strategy must be in place and it must always be more than three steps ahead of the competitors. The most basic but also a very important skill to learn is communication cause you need to know how to communicate to your clients and employees and once you've learned how to communicate properly, you will learn how to negotiate. The most important skill to acquire and master is the Leadership skills for you are not only the owner but also the leader of your business. There are more skills to master but you should start off with these.

Protecting your files start from basic steps. A basic cybersecurity step is to install firewall protection and anti-virus softwares. Always update your software when possible to get the latest patches and fixes. Human error is commonly the cause of these infections so it is best to have a cybersecurity policy and educate employees about these attacks.

Singapore has many partners, suppliers and employees operating in SEA and even in other continents. Video conferencing helps you make faster decisions compared to just talking to one person over the phone or communicating through e-mail. Video conferencing also gives you a chance to see eachother wile talking which means you would see each others body language resulting in a more productive discussion and video conferencing is cost efficient and would help the business cut unnecessary travel expenses. There are endless reasons to why video conferencing is good for the business but main reasons are as stated above.

PayPal Here and Square are currently the top contenders. Paypal lets you attach their card reader to your device and turn it into a portable register. Sqyare users get a small, portable card reader that attaches to a phone or another mobile device to take fast, convenient payments. Square also offers a point-of-sale system called Square Register for businesses with a brick-and-mortar store. Square’s point-of-sale app is compatible with iOS and Android devices.

Aside from being ranked the best place to start a business by the World Bank in 2019, singapore is also ranked the second most open economy in the world. Singapore has low tax, good government and minimal corruption. Singapore also has a strategically bsuperior location with good access to key SEA markets.