Getting an education is still believed to be the best ticket to becoming successful. This notion pervades even if famous college dropouts like Bill Gates, Steve Jobs and Mark Zuckerberg have made it to the list of the world's wealthiest and most influential people. For as long as this view persists, the education industry will continue to have excellent business potential.
Evidently, in the education industry, there is gold waiting to be mined. In Singapore, this fact, along with the launch of the Global Schoolhouse initiative, has prompted educators and business-minded individuals to put up their own academic and non-academic companies. So far, these people haven't regretted their decision. If you're an educator or a businessperson hunting for a smart venture, why not establish your school, too?
So, how do you start this venture? Well, the process involved in putting up a school is no different from other types of businesses. First, a feasibility study needs to be done to determine whether this venture is going to be profitable or not. This step requires you to decide on the type of school and its location. Most importantly, you need to analyse the market and come up with financial projections.
Should your feasibility study show that your intended business venture is going to be profitable, the following step is to work on your application for company registration in Singapore. If you present all the right documents, your company may be incorporated in at least two days. Some of the pertinent details you need to provide when you register company in Singapore are your company name, business address, narrative about your business process and information about your directors and shareholders.
Once you accomplish these two fundamental steps, what you've left to do is get ready for your operations. Naturally, the earlier this happens, the better. Hence, to expedite the process, hire the services of experts especially in registering your company. Doing this is the best means to avoid costly mistakes and delays. In addition, this move grants you the time you need to focus on other important matters with regards to the establishment of your institution.
Evidently, in the education industry, there is gold waiting to be mined. In Singapore, this fact, along with the launch of the Global Schoolhouse initiative, has prompted educators and business-minded individuals to put up their own academic and non-academic companies. So far, these people haven't regretted their decision. If you're an educator or a businessperson hunting for a smart venture, why not establish your school, too?
So, how do you start this venture? Well, the process involved in putting up a school is no different from other types of businesses. First, a feasibility study needs to be done to determine whether this venture is going to be profitable or not. This step requires you to decide on the type of school and its location. Most importantly, you need to analyse the market and come up with financial projections.
Should your feasibility study show that your intended business venture is going to be profitable, the following step is to work on your application for company registration in Singapore. If you present all the right documents, your company may be incorporated in at least two days. Some of the pertinent details you need to provide when you register company in Singapore are your company name, business address, narrative about your business process and information about your directors and shareholders.
Once you accomplish these two fundamental steps, what you've left to do is get ready for your operations. Naturally, the earlier this happens, the better. Hence, to expedite the process, hire the services of experts especially in registering your company. Doing this is the best means to avoid costly mistakes and delays. In addition, this move grants you the time you need to focus on other important matters with regards to the establishment of your institution.
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