I need money to start my business.

Working for a company or someone is a great way of earning money and saving, at the same time I want to start a business that does not oppose the company that I am working for. I have asked my boss if it is okay for me to start my own business. Now I have the things that I need except for the capital. Can I loan from the bank or to people who lends money?

User comments

No Name

Starting a business is a tough thing to do. But if you have the skills to do so why not try to start your own. There are banks who will give you a loan that the interest rate is low. It depends on how what you and the bank will be settled with. There are also other agencies who will lend you money, but make sure that the agency is legal and acknowledge by the authorities

2020.03.24 15:44

Please leave your knowledge and opinion!

Related Forums

How do I protect my business from ransomware?

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.

What are the types of companies in Singapore?

There are two main types of companies in Singapore.. The first one is the public company which is listed on the Singapore Exchange and typically has more than 50 Employees. The second one is the private company which are not listed on the Singapore Exchange and can only have a maximum of 50 employees. For private companies there are a few different set-up options: Sole Proprietorship, Partnerships, and Private Limited Companies.

What are the best communication apps for SmartPhones?

There are many apps that you can download but here are one of the best. A very popular communication app is Skype. You can use Skype to video or voice call anyone in the world; get up to 25 people together on a call; transmit video, photos and files of any size; share your computer screen; and send text or voice messages. Skype can also be used on Amazon Alexa devices. Fuze is a videoconferencing app that hosts online meetings for all devices which makes it very efficient for meetings. There are other apps you could try such as Addappt, Pushover and Slack.

Would a virtual office reduce my business cost?

Small and Medium Enterprises are going virtual. I want to increase my productivity by going virtual however I'm not sure if this would lower my cost. I also want to decrease my overheads. Would having a virtual office reduce my business costs and if it does how would it reduce my business costs? Would it be more efficient?

What are the business skills that I should master?

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.

Is it bad for my business if I rely too much on technology?

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.