I believe many young entrepreneurs can relate to how heavy the industry pressure is for a starting company. From making your brand stand out and delivering good results, no amount of business books can prepare you for the real-life trade and market. But, an extra hand from an accounting service in Singapore helped in many ways to get by in the industry along with the brands and companies I look up to.
If you have a startup business like mine or perhaps forming a Singapore incorporated company, I hope my tips and advice in getting corporate services will help you as much as they did for me.
Here are the benefits you can get from corporate services provider:
Getting Corporate Services is Cost-Effective
Our capital is pretty much limited as a startup company, so we needed to make wise financial decisions to keep the company from dwindling due to the lack of funds.
My eCommerce business was managed by ten people, including me. We saw an opportunity to partner up with a corporate service provider in Singapore.
- We saved a lot of money from the equipment.
One of the best things about getting an accounting service in Singapore is we do not have to provide equipment and working space for our accounting team. Our startup company started at my friend's garage using personal resources such as laptops, printers, and internet connection.
Obviously, we don't have a proper office to put our new accounting team in if we decide to hire one instead of partnering with an accounting service provider in Singapore.
The good thing about corporate services, we don't have to provide the office and equipment. We only pay for the labour of the staff who work for us, and it really saved us a lot of money.
- We saved a lot of money from the labour cost.
One of the best things about partnering with corporate services is we only pay for the labour of the accounting service we got in Singapore. We did not have to worry about the staff's salaries, compensation, benefits, and taxes. Our partner company provides it for them.
Get Experienced and Skilled Staff
One of the benefits we also enjoy from partnering up with a corporate service company is the experienced and highly skilled staff, which we also need as a startup business.
After the impressive work of the accounting service in Singapore that helped us out with our accounting system, business taxes, and payrolls, we decided to get corporate secretarial service for our growing company in Singapore.
Compared to hiring applicants and training them by ourselves, getting secretarial services in Singapore gave us efficient, flexible, highly knowledgeable, and result-driven staff.
Besides the experience and skill, we also benefit from their industry insights which are very important, especially during the decision-making for the company direction.
Knowing the core tasks of our startup company are handled by a skilled and expert team gave us peace of mind. It allowed us to focus more on vital areas of the company, such as sales. It really helped us to function like a veteran Singapore incorporated company.
It Saves Time
Hiring applicants and training potential staff are time-consuming and cost a lot of resources. We took advantage of corporate services' pools of skilled and experienced talents to save time from the hiring and training of applicants.
Our partner corporate service provider selected the most talented staff that can cater for the needs of our employees. It only took us a short briefing to orient our employees about the company and tasks, and they were able to perform the job swiftly and effectively.
It also reduces downtime in the company for troubleshooting mistakes and human error made by new applicants.
If you want to eliminate the hiring and training process, especially for a Singapore incorporated company, much better to get a corporate service provider.
There Are Ranges of Services For You
The best thing about our partner corporate service company is that they also provide ranges of services aside from accounting and secretarial services in Singapore.
Our partner company, Express Corporate Services, also offers advisory services, human resources, business formation, and business formation services which are important for a startup business or Singapore incorporated company.
The one-stop-shop quality allows us to expand our business without making huge adjustments or finding new partnerships for new services. We can ease the burden in the operations by assigning non-essential tasks to the outsourced labour as well.
So, whenever we decide to update and expand our eCommerce site by launching apps, we can easily get help from software and application development.
If you are a startup company that wants to have firm internal management, contact Express Corporate Services. Express Corporate Services provides ranges of services, including accounting and bookkeeping, business process outsourcing, corporation secretarial, and immigration services. Visit Express Corporate Services today.
