Would a virtual office reduce my business cost?

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.

At least one Singapore resident must be appointed as the director of the company. Singapore companies are allowed to have 100% local or foreign ownership. New shares can be issued or existing shares can be transferred to another person after the company has gone through the incorporation process. There are no capital gains or dividend taxes on Singapore companies. The procedures for company registration is fully computerised by ACRA (the Accounting and Corporate Regulatory Authority) in Singapore. Usually, a company can be incorporated in 1-2 days.

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.

There are many apps that could help you organize your tasks and errands. If your business wants to improve its communication and collaboration then you can use Asana. Proven is an app that could help you organize your hirings. If you want to organize and track your packages then you can use Boxmeup. Evernbote helps you organize your notes. If you want to track your teams workflow then Trello is the app for you and lastly Managers can use KanbanFlow to assign tasks, upload documents and file attachments, schedule due dates and visualize overall workflow.

Make the first impression count. The first impression always lasts so make sure your layout is impressive. Being certified is another way to earn their trust as it proves your website's legitimacy. Always be transparent to your customers and show them all the comments about your website and products. Make sure that your website is also up-to-date. Lastly show that you care for your customers and prove that customers always comes first before the needs of the company.

Time is money in any kind of business. It is important that a business has fluidity and everyone involved must be reachable anytime, anywhere and at anyway. You need to look for one that is programmed for every platform and dvicw. High Definitin Video quality is also important and must consume less bandwidth as possible. Easy access to video recording and transcriptions are also necessary for various reasons.