The subject of agency law (agent/principal) is a vital area of commercial contract law. An agent (third party) is authorized to act on behalf of a principal (primary party) to create a legal relationship with another individual or business. Common agency relationships include: Employment (employer, employees); Real estate (real estate agents); Financial services (stock brokers,…
Personal selling is dealing with potential customers face to face and trying to convince them to make a purchase. Salespeople often become successful entrepreneurs because they learn to listen to what the customer needs and wants on a daily and personal basis. Some great American entrepreneurs like Billy Durant, who started out in sales include:…
Singapore has bounced back from a dip in new business formations posted in the previous quarter, with a 9% increase in Q2. 15,964 new businesses were registered in Q2 2015, underscoring the confidence in Singapore as an international business center. Though the numbers contracted by more than 28% in Q1, when compared to Q4 2014,…
Startups looking for ecosystems with lower costs of living and more opportunities often find overseas Asian markets as a more viable option. Starting a business in Singapore may create a lot of difference as many industry watchers have noted that the operating conditions for business in this South East Asian nation are prime. SBS Consulting specializes…
They used to say “Its a man’s world”. However, success has not been a male bastion always. History may have forgotten some great women who had major roles in shaping the civilizations but it is unfair to say that men alone were responsible for all the great things. In fact, women have often proven to…
The latest report by Hawksford Singapore reveals that the year 2015 has kicked off with a soft start compared to previous quarters, but Singapore remains a fertile environment that is attracting entrepreneurs, investors and enterprises alike. The preceding quarters had phenomenally high business formation numbers. The mellowed global economic performance in the beginning of the…
Recently we had a chance to get introduced to a promising graphic designer. We connected over Twitter and discussed over brand logos and corporate identities. The designer has done many interesting experiments with some known brand logos and designs. We decided to interview him to know more about his design style and what he thought…
In the hustle to get a website online, many aspiring entrepreneurs often skip the homework phase of testing and comparing different website building options. With so much energy and time spent into improving their products, odds are they want to get their websites up and running in a very fast manner. This is where Do-It-Yourself…
Starting a new software company in India can be a very exciting venture for any man or woman with the talent and the drive to succeed. As our technology continues to deliver more and more phenomenal things to us on a daily basis, the need for containing development of software is critical to continue the…
The Equipment Leasing Association of America recently released a study that showed that around 80% of all American businesses used equipment leasing on a fairly regular basis. There are a number of excavation hire companies that also rely on vehicle leasing services for an array of vehicle types. That said the high demand for heavy…
The other day I was reading a newspaper article about pampered pooches in Hong Kong where there is trend for all things canine including doggy restaurants, special pushchairs and designer collars. The population of Hong Kong certainly seem to have taken things to extremes and I was left wondering what on earth they are thinking…
If you’ve heard anything about forex, then you probably know that it’s easy to learn and very profitable. Many people use forex as a second form of income to help pay the bills. Of course, in most instances, the claims of simplicity and profitability may be a little overblown. Forex is still a confusing concept…
Do you think that you have the potential to become a truly great entrepreneur? You may feel that you’re just waiting for that moment of inspiration, allowing you to unleash an invention that will stun the world. That’s certainly a wonderful way of thinking, but it’s worth noting that many who are successful in the…
As a business owner you know how important it is to secure enough investment for your business. Investments can really help your business grow and it is essential for getting off to a good start. But it isn’t easy to find investment, especially in the current economic climate. To help your business do better here…
Do you have what it takes to start your own business? The American Dream is to be your own boss, but only select few have the drive, determination and know-how to run a successful business. Although entrepreneurship sounds like a dream come true, it’s a lot of hard work, and before you decide to delve…
Investing is generally a better idea than sitting on your money. With the constant inflation we face, saving money doesn’t make as much sense as it used to. If your money isn’t making more money, it’s losing money, as its purchasing power will most likely decrease over time. Many entrepreneurs have found success with various…
There is no doubting the fact that the business world is changing and so many companies out there are offering different things day in day out. The internet is playing a massive role in the way business works and efficiently runs nowadays and it is just frightening to think where business will be in a…
A few years ago, business in Arizona was booming. The state’s economy was supercharged, thanks to booming real estate and construction markets. Jobs were plentiful, as the state’s unemployment rate hovered consistently in the low single digits. The abundance of well-paying jobs drew thousands of people to the state, adding human capital and further enhancing…
Remember Silicon Valley in 1999? It was the year for dotcoms. People with any kind of content were being implored to take venture capital and publish their content ASAP. Risk was not considered and money was available at the drop of a hat. Today, Silicon Valley is in the same old party mode. Millions are…
Recent announcements from some of the biggest names in American business confirm that more and more large enterprises are discovering what local companies already know: Arizona is a great place to do business. The most recent company to announce that it was moving operations to the state was Apple. On November 4, the consumer electronics…
For many entrepreneurs and small business owners, making the leap from home office to full-fledge office space feels expensive and overwhelming. It’s a big step to go from an at-home start-up to a more established business with rent, utilities, and multiple employees coming and leaving every day. Now though, in cities around the world, coworking…
It was the American actor Milton Berle that once said: “If opportunity doesn’t knock, build a door.” From the founder of IKEA to the founder of Apple, the entrepreneurs mentioned here have definitely built thousands of doors, all open to fresh and exciting places. Here are some top tips for budding entrepreneurs, from the people…
When you think about farming, you always hear the gripe about big agro-business versus small farms, and how small farmers are being wiped out while Monsanto gets bigger. And somewhere in that argument someone will say that “a farm is after all, a small business.” Small farms, presumably, are those rustic buildings you see along…
Image Source: Benjamin J. Delong The construction industry in the UK is worth a reported £1.5 billion, making up a tenth of our total GDP. Even with these impressive numbers, there remains a shortage of skilled people to keep up with the demand, from builders and electricians to carpenters and plumbers. This situation has given…
An entrepreneur is commonly seen as a business leader, creator of new ideas and business processes. There are several main qualities to be a successful entrepreneur, some of these are: an inner drive to succeed, a strong self-belief, innovation and competitiveness. The successfulness of an entrepreneur can be enhanced via certain programmes. For instance, many…
