Better Business

  • Fiscal Year: What Is It and Why Does It Matter?
    Better Business

    Fiscal Year: What Is It and Why Does It Matter?

    In Singapore, companies have the flexibility to select their fiscal year-end based on their business needs. It can align with the calendar year, financial quarter-ends, incorporation anniversary, seasonal cycles, or business cycles. Find out more in this article written by Osome experts.

    ·9 min read
  • How a Revenue-Based Accounting Plan Can Help You Grow
    Money Talk

    How a Revenue-Based Accounting Plan Can Help You Grow

    A revenue-based accounting plan offers businesses in their first year of business a flexible approach to financial management and an opportunity to grow their revenues. Learn more about how this strategy can benefit your business.

    ·3 min read
  • Financial Forecasting: A Guide for New Business Owners
    Better Business

    Financial Forecasting: A Guide for New Business Owners

    Discover the full potential of your Singapore startup through financial forecasting. Gain reliable insights for success and attract investors confidently with Osome's empowering tools. Read our blog today!

    ·5 min read
  • What Is the Singapore Progressive Wage Credit Scheme (WCS)
    Better Business

    What Is the Singapore Progressive Wage Credit Scheme (WCS)

    The Singapore Progressive Wage Credit Scheme (WCS) uplifts low-wage workers by incentivizing employers to raise wages. It bridges income gaps, boosts morale, supports businesses in wage increment efforts, fosters productivity, and promotes a more equitable income distribution within companies.

    ·7 min read
  • Choosing a Virtual Registered Office Address for My Company
    Better Business

    Choosing a Virtual Registered Office Address for My Company

    Explore the benefits of choosing a virtual registered office address for your Singapore-based company. Learn how it provides flexibility, enhances professionalism, and saves costs. Find out how to select the right virtual office, and discover the cheapest options available in Singapore.

    ·7 min read
  • Understanding Singapore’s Foreign Worker Quota and How It Works
    Better Business

    Understanding Singapore’s Foreign Worker Quota and How It Works

    Discover how the Foreign Worker Quota in Singapore impacts the hiring practices of companies across various industries. This essential policy measure maintains a balanced workforce and guides eligibility criteria for foreign labour. Learn more about the system's intricacies and its significance.

    ·7 min read
  • 5 Essential AI Tools Every Singapore SME Should Use
    Better Business

    5 Essential AI Tools Every Singapore SME Should Use

    This insightful article outlines five essential AI tools that can revolutionise your SME. From automating mundane tasks to refining the customer experience, understand why SMEs need to embrace AI. Featuring insights from successful Amazon FBA entrepreneur, Ben Alistor.

    ·6 min read
  • Defining the Role and Duties of a Non-Executive Director
    Better Business

    Defining the Role and Duties of a Non-Executive Director

    Osome’s article unveils the world of non-executive directors in Singapore. From understanding their roles in corporate governance, discussing responsibilities and considerations, to comparing with executive directors, we cover it all. Gain insights into how you can excel in this crucial role.

    ·11 min read
  • 10 Ways To Gain a Competitive Edge on a Budget With ChatGPT
    Better Business

    10 Ways To Gain a Competitive Edge on a Budget With ChatGPT

    Discover how ChatGPT can revolutionise small businesses in Singapore, providing a competitive edge without straining finances. Explore expert insights from Osome and success stories from entrepreneurs like Ben Alistor who leverage ChatGPT for remarkable results.

    ·6 min read
  • Scaling Your Business to New Heights: Tips from Entrepreneurs
    Better Business

    Scaling Your Business to New Heights: Tips from Entrepreneurs

    Ready to take your business to the next level? Discover essential tips from successful entrepreneurs. From market demand to profitability, funding, team-building, and beyond — we've got the roadmap to seamlessly scale your business.

    ·10 min read
  • How To Cancel Your Work Permit in Singapore
    Better Business

    How To Cancel Your Work Permit in Singapore

    Intending to leave your existing employment, or terminate an employee? Don't forget to cancel the existing Work Permit. Read on to find out everything you need to know about Work Permit cancellations in Singapore.

    ·7 min read
  • Closing a Company in Singapore
    Better Business

    Closing a Company in Singapore

    The decision to close a company that you painstakingly built can be difficult, but it can also be a necessary one. To make the process easier for you, we’ve got you covered. Read on to find out the entire process of closing a company.

    ·12 min read

Money Talk

  • A Complete Guide to Ecommerce Accounting
    Money Talk

    A Complete Guide to Ecommerce Accounting

    If you’re an online seller looking for help, we’ve got you covered. Here’s your guide to ecommerce accounting, why it’s essential and the basics you need to know to get started. Working through these points will help you decide how much help, if any, you need.

    ·11 min read
  • How a Revenue-Based Accounting Plan Can Help You Grow
    Money Talk

    How a Revenue-Based Accounting Plan Can Help You Grow

    A revenue-based accounting plan offers businesses in their first year of business a flexible approach to financial management and an opportunity to grow their revenues. Learn more about how this strategy can benefit your business.

    ·3 min read
  • Understanding the Workflow of Transfer Pricing in Singapore
    Money Talk

    Understanding the Workflow of Transfer Pricing in Singapore

    Affiliated businesses often trade on preferential conditions and thus pay less tax. To prevent that, countries developed a system to control the “family business” — the transfer pricing rules. Let’s see how they influence the prices you set, how to play by these rules and what documents to prepare.

    ·7 min read
  • What Is the Singapore Progressive Wage Credit Scheme (WCS)
    Better Business

    What Is the Singapore Progressive Wage Credit Scheme (WCS)

    The Singapore Progressive Wage Credit Scheme (WCS) uplifts low-wage workers by incentivizing employers to raise wages. It bridges income gaps, boosts morale, supports businesses in wage increment efforts, fosters productivity, and promotes a more equitable income distribution within companies.

    ·7 min read
  • 2023 Tax Deadlines in Singapore You Need To Know About
    Money Talk

    2023 Tax Deadlines in Singapore You Need To Know About

    One of the most important aspects of running a business includes planning ahead. Kickstart your 2023 by getting a headstart on important tax deadlines, so you can always stay on top of things. Read on to find out more.

    ·8 min read
  • 7 Things SMEs Need To Know About the 2023 Singapore Budget
    Money Talk

    7 Things SMEs Need To Know About the 2023 Singapore Budget

    Singapore's Budget 2023 sets out measures to boost local businesses and encourage innovation, amid uncertainties in the global economy. Find out what the measures are, and how it impacts your small business.

    ·3 min read
  • 25 Best Side Hustle Ideas in Singapore for Generating Extra Cash
    Better Business

    25 Best Side Hustle Ideas in Singapore for Generating Extra Cash

    Get ready to make the most of your free time and earn some extra cash with the 25 best side hustle ideas in Singapore! Turn your passion into a business while you to top up your bank account, find a sense of purpose, or start your own venture. Discover a side hustle to help you achieve your goals.

    ·17 min read
  • Importance of Record Keeping in Singapore & How Long To Keep It
    Money Talk

    Importance of Record Keeping in Singapore & How Long To Keep It

    Record keeping is a legal requirement in Singapore, and is crucial for managing costs If you are just starting up your business, it might not be the first thing that comes to your mind, but it can help you establish a strong foundation.

    ·9 min read
  • What You Need To Know About Singapore’s GST Rate Change in 2023
    Money Talk

    What You Need To Know About Singapore’s GST Rate Change in 2023

    Here’s the thing: every Singapore business will experience a major change in 2023 as a result of the GST hike. So, what can you do to prepare for the rate change, and what is the Government doing to help? Here’s what you need to know, all wrapped up in one article.

    ·5 min read
  • How Small Businesses Can Ease the Pain of Late Payments
    Money Talk

    How Small Businesses Can Ease the Pain of Late Payments

    Late payments are more than just a nuisance – they can affect your company's cash flow severely. In this article, we cover how you can take control of your cash flow and mitigate the risks of late payments.

    ·5 min read
  • How To Save Electricity for Your Small Business in Singapore
    Money Talk

    How To Save Electricity for Your Small Business in Singapore

    When it comes to running a business, energy is one of the biggest costs. While energy prices are on the rise, you can still minimise the impact. Read on to find out all you need to know about rising energy costs, and how you can save money.

    ·5 min read
  • Recording Charity Donations in Bookkeeping
    Money Talk

    Recording Charity Donations in Bookkeeping

    Other than earning profits, giving back to society can bring about both environmental and social benefits. However, documentation is crucial in tracking your charitable donations. Fret not, for this article delves into how you can record donations in bookkeeping.

    ·6 min read

That's Osome

  • Exciting News! We Just Raised US$17M in Series B Funding
    News

    Exciting News! We Just Raised US$17M in Series B Funding

    Osome Raises $17M in Series B Round to strengthen the balance sheet with a key objective to accelerate the path to profitability.

    ·2 min read
  • Financial Forecasting: A Guide for New Business Owners
    Better Business

    Financial Forecasting: A Guide for New Business Owners

    Discover the full potential of your Singapore startup through financial forecasting. Gain reliable insights for success and attract investors confidently with Osome's empowering tools. Read our blog today!

    ·5 min read
  • 5 Essential AI Tools Every Singapore SME Should Use
    Better Business

    5 Essential AI Tools Every Singapore SME Should Use

    This insightful article outlines five essential AI tools that can revolutionise your SME. From automating mundane tasks to refining the customer experience, understand why SMEs need to embrace AI. Featuring insights from successful Amazon FBA entrepreneur, Ben Alistor.

    ·6 min read
  • 10 Ways To Gain a Competitive Edge on a Budget With ChatGPT
    Better Business

    10 Ways To Gain a Competitive Edge on a Budget With ChatGPT

    Discover how ChatGPT can revolutionise small businesses in Singapore, providing a competitive edge without straining finances. Explore expert insights from Osome and success stories from entrepreneurs like Ben Alistor who leverage ChatGPT for remarkable results.

    ·6 min read
  • How Selling Her Belongings Helped Huda Build Two Successful Businesses
    That’s Osome

    How Selling Her Belongings Helped Huda Build Two Successful Businesses

    Some people make an impact on others. Some people help others make an impact on the world. Entrepreneur Huda Hamid sold her belongings to turn S$800 into a social enterprise. Learn more about how Fempreneur Secrets is changing the lives of female entrepreneurs everywhere, only on the Osome blog.

    ·3 min read
  • Effortless Invoicing With Osome Invoices
    That’s Osome

    Effortless Invoicing With Osome Invoices

    Every facet of the invoice process (sending, chasing, getting paid) is now easier than ever with Osome Invoices. And this improvement to your experience will cost you nothing. It’s free. Getting paid faster, with less admin and an unchanged fee? Now that’s Osome.

    ·3 min read
  • Osome Raises $16M in Series A Round to Expand its AI-based Accounting Platform to Global Markets
    That’s Osome

    Osome Raises $16M in Series A Round to Expand its AI-based Accounting Platform to Global Markets

    Osome has raised $16M in a Series A funding from a group of investors including Target Global, AltaIR Capital, Phystech Ventures, S16VC, Ace & Company and Peng T. Ong, who joined as an angel investor

    ·3 min read
  • NewCampus Manages Documents Worry-Free With Osome’s Corporate Secretary
    That’s Osome

    NewCampus Manages Documents Worry-Free With Osome’s Corporate Secretary

    New Campus had set up its operations in Dubai for around 5 years, working with a traditional company secretary company. When they wanted to set up their company in Singapore, venture capital fund 500 startups recommended that they try Osome.

    ·1 min read
  • Osome Wins Singapore Partner of the Year at Xero Asia Awards
    That’s Osome

    Osome Wins Singapore Partner of the Year at Xero Asia Awards

    A confirmation of Osome’s commitment at innovation and customer service, this is simply a great way to end 2020. Find out more on how and why we won.

    ·1 min read
  • Osome Raises US$3m in Funding from XA Network and AltaIR Capital
    That’s Osome

    Osome Raises US$3m in Funding from XA Network and AltaIR Capital

    The accounting and corporate compliance super app will use funds to further develop its engineering, product development, and marketing.

    ·4 min read
  • Osome Ranks on Singapore’s Top 4 Platinum Partners of Xero
    That’s Osome

    Osome Ranks on Singapore’s Top 4 Platinum Partners of Xero

    Xero, the global small business platform, awarded Osome with a platinum partner status. This is the highest level of recognition that Xero offers to their counterparts, with only 3 other companies in Singapore holding the title.

    ·2 min read
  • Osome Shines Bright in IMDA SG:D Spark Programme
    That’s Osome

    Osome Shines Bright in IMDA SG:D Spark Programme

    SG:D Spark Programme by Infocomm Media Development Authority of Singapore (IMDA) will simplify access to various grants and allow Osome to pitch to reference customers, leveraging government demand.

    ·2 min read
Understanding the Workflow of Transfer Pricing in Singapore
Money Talk

Understanding the Workflow of Transfer Pricing in Singapore

Affiliated businesses often trade on preferential conditions and thus pay less tax. To prevent that, countries developed a system to control the “family business” — the transfer pricing rules. Let’s see how they influence the prices you set, how to play by these rules and what documents to prepare.

·7 min read
Financial Forecasting: A Guide for New Business Owners
Better Business

Financial Forecasting: A Guide for New Business Owners

Discover the full potential of your Singapore startup through financial forecasting. Gain reliable insights for success and attract investors confidently with Osome's empowering tools. Read our blog today!

·5 min read
What Is the Singapore Progressive Wage Credit Scheme (WCS)
Better Business

What Is the Singapore Progressive Wage Credit Scheme (WCS)

The Singapore Progressive Wage Credit Scheme (WCS) uplifts low-wage workers by incentivizing employers to raise wages. It bridges income gaps, boosts morale, supports businesses in wage increment efforts, fosters productivity, and promotes a more equitable income distribution within companies.

·7 min read
Registering a Company in Malaysia: A Step-by-Step Guide
Incorporation

Registering a Company in Malaysia: A Step-by-Step Guide

Malaysia offers opportunities for foreign businesses with no restrictions on foreign shareholding. Let’s walk you through the process of registering a company in Malaysia, including; the role of SSM Malaysia, business entity types, pros & cons of company registration, and a guide to get started.

·5 min read
Choosing a Virtual Registered Office Address for My Company
Better Business

Choosing a Virtual Registered Office Address for My Company

Explore the benefits of choosing a virtual registered office address for your Singapore-based company. Learn how it provides flexibility, enhances professionalism, and saves costs. Find out how to select the right virtual office, and discover the cheapest options available in Singapore.

·7 min read
Understanding Singapore’s Foreign Worker Quota and How It Works
Better Business

Understanding Singapore’s Foreign Worker Quota and How It Works

Discover how the Foreign Worker Quota in Singapore impacts the hiring practices of companies across various industries. This essential policy measure maintains a balanced workforce and guides eligibility criteria for foreign labour. Learn more about the system's intricacies and its significance.

·7 min read
5 Essential AI Tools Every Singapore SME Should Use
Better Business

5 Essential AI Tools Every Singapore SME Should Use

This insightful article outlines five essential AI tools that can revolutionise your SME. From automating mundane tasks to refining the customer experience, understand why SMEs need to embrace AI. Featuring insights from successful Amazon FBA entrepreneur, Ben Alistor.

·6 min read
Defining the Role and Duties of a Non-Executive Director
Better Business

Defining the Role and Duties of a Non-Executive Director

Osome’s article unveils the world of non-executive directors in Singapore. From understanding their roles in corporate governance, discussing responsibilities and considerations, to comparing with executive directors, we cover it all. Gain insights into how you can excel in this crucial role.

·11 min read
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