Which Business Is Good in Singapore?
Many dream of owning and running their own business, but not everyone takes that leap of faith because of the fear and uncertainty of not knowing which business is good to start in Singapore. That, along with other factors such as a lack of start-up funding, networking, and capacity among other things could also prove to be a hindrance.
The great thing about Singapore is – besides being a vibrant business epicentre in Asia – that starting a business here is not as difficult as you might think. In fact, Singapore has a wide range of industries and business options that you could venture into.
Here are some ideas of which business is good in Singapore for budding entrepreneurs who are looking to finally start living their dream:
- An Event Planning Business – Being an international epicentre means Singapore hosts several events throughout the year. This means that event planning skills are always in demand and if you have a passion for pulling off perfectly executed events, an event planning business could be your calling. Try starting with birthday party planning services first if you’re experiencing budget constraints, there usually do not require as much capital as corporate events.
- A Business That Offers Cleaning Services – Increasing in popularity over the last several years, there is definitely a market for businesses which offer cleaning services for an affordable rate. One of the easiest businesses to start because it requires very little skilled knowledge to offer the service, you will be able to branch out and offer different coverages of cleaning services provided, the possibilities are only limited by what you’re capable of.
- A Photography Business – Turn your passion into a business if you love taking powerful, impactful images. You don’t need an expensive studio or state of the art equipment to get your business going, all you need is a really good camera, your skills, talent and passion for the job.
- An E-Commerce Business – The convenience of online shopping has forever change the commerce market, and if you have products to offer, why not start your own e-commerce business with just a domain, hosting, web design and a minimal budget to get the ball rolling?
- An Editorial Business – Copywriting, editing, proof reading, ghost writing, book writing, you name it there is a demand for it. Quality content is what drives the online world, and businesses are always on the lookout for services which can provide quality editorial services for an affordable price.
- A Business That Offers Tutoring – Education is a very important industry in Singapore, and for those with a passion for teaching, why not start a business that is going to meet the demand for quality education? Singapore is an international business hub that offers world class education, and with only minimal capital, you could quickly and easily get started on this money-making venture.
Setting up company may have its challenges, but you don’t always need a massive budget to get you going. With the right idea and by tapping into your talent, anyone can start a small business and start turning their passion into a profession.