Better Business

  • Singapore Company Constitution — Everything You Need To Know
    Better Business

    Singapore Company Constitution — Everything You Need To Know

    Great! You made the decision to incorporate a company in Singapore! Part of the process is to prepare your company constitution. This article will guide you through preparing your company constitution in Singapore.

    ·8 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
  • Vesting Shares: Understanding Ownership Incentives
    Better Business

    Vesting Shares: Understanding Ownership Incentives

    Vesting shares, part of equity compensation, are company shares granted to employees, contingent on their ongoing service and achievement of milestones.

    ·6 min read
  • 25 Best Side Hustle Ideas in Singapore for Generating Extra Income
    Money Talk

    25 Best Side Hustle Ideas in Singapore for Generating Extra Income

    If you could spend your spare time doing something you love and earn a little extra income on the side, would you give up binging Netflix or partying? A part-time job can be a great way to top up your bank account and battle the constantly increasing cost of living, all while doing something that suits your skillset, talents or passions.

    ·17 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

    For those business owners who choose to use AI, they’ll soon see how it helps them optimise operations, spur growth, and refine the customer experience.

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

    Defining the Role and Duties of a Non-Executive Director

    Think the role of a non-executive director in Singapore? If so, you’ll need to familiarise yourself with the job's requirements and expectations. In this article, we'll dissect what it is non-executive directors do, differentiate their role from the executive director's role, delve into what it takes to be a non-executive director in Singapore, and consider the advantages this position offers. Additionally, we'll offer guidance on how you can enhance your contributions in this position.

    ·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 Build Business Confidence As An Entrepreneur, As Told By Business Owners
    Better Business

    How To Build Business Confidence As An Entrepreneur, As Told By Business Owners

    You've come up with a brilliant business idea, taken a leap of faith to start the business, and then you find yourself doubting your ability to take your business to the next level. Sounds familiar? You’re not alone – learn from business owners how you can build business confidence.

    ·7 min read
  • 8 Ways To Save Time As A Singaporean Small Business Owner, As Told By An Accountant
    Better Business

    8 Ways To Save Time As A Singaporean Small Business Owner, As Told By An Accountant

    Accounting tasks can be time consuming, but that doesn’t mean you can’t find ways to free up time so you focus on what matters most to your business. In this article, we speak to a qualified accountant who shares his tips on how you can save time and money.

    ·4 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

Money Talk

  • Opening a Corporate Bank Account in Singapore
    Money Talk

    Opening a Corporate Bank Account in Singapore

    Opening a corporate bank account in Singapore is easy and straightforward, but we also understand that it can be pretty daunting for new business owners.

    ·12 min read
  • A Complete Guide to Ecommerce Accounting
    Ecommerce

    A Complete Guide to Ecommerce Accounting

    Ecommerce accounting covers all your financial management as an online seller, from bookkeeping and invoices to record keeping and filing your taxes.

    ·11 min read
  • Fiscal Year: What Is It and Why Does It Matter?
    Money Talk

    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
  • 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
  • 25 Best Side Hustle Ideas in Singapore for Generating Extra Income
    Money Talk

    25 Best Side Hustle Ideas in Singapore for Generating Extra Income

    If you could spend your spare time doing something you love and earn a little extra income on the side, would you give up binging Netflix or partying? A part-time job can be a great way to top up your bank account and battle the constantly increasing cost of living, all while doing something that suits your skillset, talents or passions.

    ·17 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
  • 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

    As a business owner, you may have developed many plans in the pipeline for your company’s growth. However, one late payment may be enough to hinder your progress. Late payments are not just a nuisance, they can also severely affect your company’s cash flow.

    ·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

    Energy is one of the highest costs of running a business. So it’s no surprise that the rising cost of energy and fuel is one of the most significant challenges for small businesses these days.

    ·5 min read
  • Accounting Treatment for Cryptocurrency
    Money Talk

    Accounting Treatment for Cryptocurrency

    Cryptocurrency has gained popularity in recent years, with its usage dramatically increasing. With the rise in cryptocurrency buyers, companies and merchants are also increasingly offering cryptocurrency as a mode of payment.

    ·5 min read

That's Osome

A Complete Guide to Ecommerce Accounting
Ecommerce

A Complete Guide to Ecommerce Accounting

Ecommerce accounting covers all your financial management as an online seller, from bookkeeping and invoices to record keeping and filing your taxes.

·11 min read
Top 15 Ecommerce Trends To Watch For in 2024
Ecommerce

Top 15 Ecommerce Trends To Watch For in 2024

We read through the most trusted reports to bring you the top 15 ecommerce trends small businesses in Singapore should look out for this year; from social commerce and sustainability, to augmented reality and crypto. Read it now to see how Osome’s expert suggestions could help your business grow.

·17 min read
Fiscal Year: What Is It and Why Does It Matter?
Money Talk

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
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
Vesting Shares: Understanding Ownership Incentives
Better Business

Vesting Shares: Understanding Ownership Incentives

Vesting shares, part of equity compensation, are company shares granted to employees, contingent on their ongoing service and achievement of milestones.

·6 min read
25 Best Side Hustle Ideas in Singapore for Generating Extra Income
Money Talk

25 Best Side Hustle Ideas in Singapore for Generating Extra Income

If you could spend your spare time doing something you love and earn a little extra income on the side, would you give up binging Netflix or partying? A part-time job can be a great way to top up your bank account and battle the constantly increasing cost of living, all while doing something that suits your skillset, talents or passions.

·17 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
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