Even if several college dropouts have made it to the list of the world's wealthiest and most influential individuals, getting an education is still believed to be the best ticket to becoming successful. As long as this view persists, the demand for institutions offering quality education will be there. This also implies that this industry will continue to have excellent business potential.
Suffice to say, there's gold waiting to be mined in the education industry. Truth is, many educators and business-minded individuals in Singapore are now reaping the fruits of venturing into this industry. If you are an educator or a businessperson in search of a smart venture, why not establish your own school, too?
The basics of setting up a school are no different from other types of business. Basically, the initial step is to create a feasibility study. You need to decide on the type of school you like to put up. Is it a child care centre or a cooking school? Other essential parts of this step are assessing your market, identifying your location and making financial projections.
Should your feasibility study show that your intended business venture is going to be profitable, the succeeding step is to work on your application for company registration in Singapore. Provided that you have all the needed documents, your company may be incorporated in at least two days. Some of the pertinent details you have to provide when you register company in Singapore are your institution's name, business address, narrative about your business process and information about your directors and shareholders.
Once you accomplish the aforementioned steps, the ball can start rolling for your company. Naturally, the earlier you begin your operations, the better it is for your business given the tough competition in the market. Thus, the expeditious completion of the feasibility study and business registration must be your goal. This can only be possible with the aid of experts in these fields. So, don't hesitate to enlist the services of firms that aid startups in conducting feasibility studies and company registration.
Suffice to say, there's gold waiting to be mined in the education industry. Truth is, many educators and business-minded individuals in Singapore are now reaping the fruits of venturing into this industry. If you are an educator or a businessperson in search of a smart venture, why not establish your own school, too?
The basics of setting up a school are no different from other types of business. Basically, the initial step is to create a feasibility study. You need to decide on the type of school you like to put up. Is it a child care centre or a cooking school? Other essential parts of this step are assessing your market, identifying your location and making financial projections.
Should your feasibility study show that your intended business venture is going to be profitable, the succeeding step is to work on your application for company registration in Singapore. Provided that you have all the needed documents, your company may be incorporated in at least two days. Some of the pertinent details you have to provide when you register company in Singapore are your institution's name, business address, narrative about your business process and information about your directors and shareholders.
Once you accomplish the aforementioned steps, the ball can start rolling for your company. Naturally, the earlier you begin your operations, the better it is for your business given the tough competition in the market. Thus, the expeditious completion of the feasibility study and business registration must be your goal. This can only be possible with the aid of experts in these fields. So, don't hesitate to enlist the services of firms that aid startups in conducting feasibility studies and company registration.
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