Several companies have asked us to gather data on the markets in which we are operating. True enough, it's no simple feat to enter a foreign market and set up operations. Between the pre-entry market research, legal requirements, finding the right people to manage day-to-day functions, and of course locking down the right workspace - it can be very difficult to determine how to start.
We've put together this infographic to display an overview of Singapore's economic performance in 2016. More details to come in our "Doing Business in South East Asia" article series to be released in June.
Nowadays, with the rise of sharing economies, business owners, entrepreneurs, and startups face a wealth of options for leasing workspaces. There are a number of factors to consider when choosing a suitable workspace for you and your team, including company size, resources, and operation costs. So before signing off on that long-term office lease, it’s best to weigh the advantages and disadvantages of opting for short-term, shared, or temporary workspaces.
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A dilemma perhaps every business faces: the decision between hiring a fresh graduate or an experienced professional. Definitely, each one will have their pros and cons. At the end of the day however, each business needs to evaluate its needs and decide on which choice will best suit the company needs, and most positively contribute to company culture.
The balancing act can be tricky when working with a startup that aims for rapid growth. In order to satisfy the time demand, the first things to go could be sleep, exercise, or time with friends and family. Don't let the prioritization of one of them eliminate all consideration of the other! There are ways to get the best of both worlds with a bit of organization and discipline. Here's how:
A few years ago, a stable job at a big corporation was the dream for many fresh graduates and young professionals. Many set their sights on the P&Gs, Nestles, and other industry giants dominating the market. Trends have changed however. This doesn't mean that these giants have become less attractive per se; it means that the rise of the startup has provided fresh graduates with a new alternative to the structured career path. The embrace flexible work schedules and casual work attire, along with the abolition of rigid hierarchies of tenure - have proven attractive to the milennials entering the market. Here are some of the awesome benefits that come with working at a startup!
Ever wonder what habits are crucial for successful entrepreneurs? Everybody gets 24 hours in one day, but some are able to make much more efficient use of this time than others. It's not that successful entrepreneurs are not sleeping. Believe us, there are! They simply maximize the daylight hours by working smart. One cannot forget about mind and body fitness when on the quest for success. In fact, this consideration is crucial in maintaining any kind of healthy lifestyle integral to success. Try applying the following to your daily routine and see how far it gets you!
Co-working has become increasingly popular in other parts of the world. Now it is gaining momentum in Asia through FlySpaces, an online marketplace offering short term rentals for work and event spaces in the Philippines and Singapore. Co-working is a solution for entrepreneurs, freelancers, startups and small and medium enterprises (SMEs) who don’t want to sign long term leases for office spaces at sky high prices. With FlySpaces, you now have access to spaces that work for your business.
Empower your business with these short term workspace options offered by FlySpaces:
Co-working spaces are shared offices that offer a creative and diverse work environment for people who are looking for an alternative to the traditional corporate setup. In an open space rather than a closed workstation, you have the opportunity to meet and collaborate with people from different industries and backgrounds in a place that promotes a fast-paced, productive and casual atmosphere.
Bitspace, Makati City, Philippines
P400/day, inclusive of Wi-Fi, a socket for every seat, complimentary water and coffee, access to their library, meeting rooms, and training rooms. Other amenities include a projector and projector screen, printing and photocopying services, and fax and phone calls.
If there’s one thing we can all agree on, it’s that spending money is a lot easier than saving money. Depending on our mood, the lifestyle with which we grew up, or the spending habits to which we’ve grown accustomed, a lot of young professionals and entrepreneurs spend money a little too frivolously, not realizing that the small things are the reasons we end up living off our monthly paychecks.
But all hope is not lost yet. It is possible to make small changes to your spending habits to manage your money better for a stable financial future. Learn how to spend your money wisely by knowing exactly how much you’re paying for each of your purchases and how it affects your financial stability in the long run.