Last updated on 2014-01-01
About the Book
Singapore was set up by Britain in 1819 as a tax-free trading post. Today its exceptionally executed survival strategy is that of an internationally focused business-friendly hub. But it’s not what it appears on the surface.
If you’ve been thinking about starting a business in Singapore, the Wood Egg Singapore startup guide will be your go-to reference manual.
Each year we hire 3 researchers (at least one local and one foreigner who live in Singapore), a native English-speaking in-country writer, and an editor, to bring you insights from multiple perspectives.
Our researchers spend over 200 hours interviewing local business people, politicians, and citizens who regular foreigners would never have access to. This is 200+ hours you will save to hit the ground running. (Bonus: When you register your eBook at WoodEgg.com you get access to all of our raw research and interviews.)
In the 2014 Wood Egg Singapore startup guide you will learn:
How to navigate the complex, multi-faceted psyche of Singapore’s citizens. (Page 45)
Do this to blend in (and why you don’t necessarily need to). (Page 87)
Stay at one of these 4 perfect residences if you’re only staying for a short visit. (Page 108)
Make sure to know when a “no” really means “no.” Use our guide on page 136.
Where to find government grants for small and medium businesses. (Page 175)
Why and how to start a new business in under 24 hours. Singapore is #1 in the world for ease of business for a reason. (Page 178)
Use one of our top 5 choices for accountancy firms for foreigners. (Page 211)
Check this website to find events where the top local talent hangs out. (Page 225)
You must do this to open a bank account in Singapore. (Page 247)
The surprising industry with massive room for growth in Singapore. (Page 262)
What twist do local entrepreneurs think you should add to your marketing efforts? (Page 267)
All of this along with hundreds of other insights. All told you’ll get the painstakingly researched answers to over 200 questions (over 250 pages!) about country, culture, life, and business in Singapore.
If you’re looking to do business in Singapore you won’t find a more complete, up-to-date, guide.
Click to buy now.
- Near-future outlook
- Current stats
- Quick history as it affects current business environment
- Relationship with other countries
- Religion and Race
- Asia 101
- Local differences
- Personal attitudes towards foreigners
- What to wear
- Attitude towards time and promises
- Common conversational references
- How to blend in
- When not to blend in
- Recommended reading/watching
- Quality of life
- Cost of living
- Western standards vs local standards
- Immigration / Visa
- Where to live (short-term and long-term)
- Typical living arrangements
- Internet / Phone
- Credit card? Cash? Check?
- Availability of products/services
- What’s not online
- Differences in service standards
- Expat community
- Recommended resources
- Business Culture
- Understanding “face”
- Direct vs indirect communication
- How to tell “yes” from “no”
- Who to speak with in organizations
- Business attitudes towards foreigners
- Signals of respect
- How to build trust
- Business cards
- Signaling success
- Innovation vs status quo
- Passing-through vs Full-time
- Advantages to foreigners
- Advantages to locals
- General role of government
- Who’s who: departments you need to know
- What the government is emphasizing now
- Business Setup
- Ease of doing business
- Local partners?
- Business structure choice
- Business name choice
- Where to locate
- Real estate
- Big city vs outlying areas
- What your location says about your business
- Paying taxes
- Ongoing requirements
- Recommended resources
- Local talent strengths
- Hiring local people
- How much to pay?
- How to find good people?
- Online vs offline
- Hiring foreign people
- Step-by-step process
- Labor laws
- Recommended resources
- Banking overview
- Bank comparison
- How to open an account
- Online banking
- Paying employees
- Paying vendors
- Getting a bank loan
- Getting investors
- What if they don’t pay?
- Industry sectors
- What’s missing?
- What’s unique?
- Growing the Business
- Expanding outside the country
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