If you need cash in Orchard Road just approach the best licensed moneylender nearby you – Quick Loan Pte Ltd. We will give you the Best Personal Loan with flexible repayment schedule.
Call now 6223 1788 or walk into 10 Anson Road, #01-15 Tanjong Pagar, Singapore 079903.
Financial Tips –To Young Entrepreneurs
Most probably when you were young, you had a desire and dreams with the aspiration of what you would wish to do or become when you grow up, did you desire to be an entrepreneur? One of the greatest gifts of being an entrepreneur is the opportunity to flex your financial strength. It’s also one of the most significant challenges for me personally. So what happens? We learn as we go!
Open a separate checking account for your business.
This is the single most crucial step you can take to turn your hobby into a business. For some reason, this simple task is a massive ordeal for many moms when they are just getting started in business. They put it off until they are making money. Or they convince themselves that it’s going to take a long time and require a ton of paperwork, so it’s not worth the effort. The truth is it takes about 30 minutes to go to the bank and open a business checking account, and in most cases, all you need is your tax ID number, some identification, and an initial deposit. Having that separate account not only makes things cleaner for you at tax time, but it also helps you to take your business seriously.
Pay yourself a salary – even if it’s a small amount.
Here’s another step that many entrepreneurs tend to skip in the start-up phase. They pay their vendors, employees, and bills and then pray there is enough left over to take a distribution for themselves. I understand that when there is little or no profit and you’re bootstrapping the business, you may not feel right about taking a salary. But, hear me on this – you will burn out if you don’t have a reasonably steady wage coming in. And you can choose to invest it all back in the company if you want to – but it should still be coming to you on paper. And I know it’s a stretch to think about this now, but if you ever plan to sell the company – or seek investors – you’re going to need an accurate operating budget, which would include your salary.
At QuickLoan Pte Ltd, we provide a range of loan services to bring you quick and simple loan application. Whether it’s to support your education, medical or traveling funds, our loans can finance any lifestyle and life stage. You won’t have to fret about using up all of your savings.
To find us:
Phone: 6223 1788
Office: International Plaza 10 Anson Road, #01-15 Tanjong Pagar, Singapore 079903
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