I agree. I am doing it again. Thanks for pointing that out as i didn't notice. I *really* appreciate it. You are so helpful! What time does hubby get home so you can stop nagging me and go nag him?
To OP - The link you were provided is correct. My wife runs a small business here. It is not such a difficult thng to get registered and yes you can do it.
I would venture that running a small business requires exceptional adaptability and flexibility.
For a small business owner the internet will be your best friend. You need to google all kinds of stuff and do a fair amount of research on your own in order to figure things out.
Here are some things you could research:
- Running a small business - Look for articles covering the pitfalls risks and rewards of running a small business. You will learn it is very tough and most small businesses fail for various reasons
- Singapore government websites for employment practices, business registration, taxation etc., etc.
- Import / Export rules - If the business you plan to run involves this activity
- Businesses of the same or similar type - Maybe the market is already being serviced. Who is the competition?
- Small business organizations - networking opportunities. Some countries (like the US) have programs to hook up small business owners with successful business people who serve as advisors and mentors for free.
My wife would tell you that she has learned a ton about business. She thought it was doing the thing she loved (working with people). In reality it is doing a ton of cr@p you hate in order to do a little of what you love. What she hates is the bookkeeping, accounting, billing, taxes and millions of other details required to make it a business not a hobby.
In fact she is winding down her business to go back to work as an "employee" in order to get away from all the stress.