September 13, 2016

Managing Your Start-Up

Start-ups are now a trending topic on the market and is something a lot of people are embarking on doing. Many of us have now had enough with our nine to five, underpaid, unappreciated jobs and are looking for a better prospective in life. Thus, with or without a million dollar idea, we embark on the journey of a start-up. However, there are certain skills and techniques you need to know about managing a start-up. Here are a few business financial tips to help you out.

Record Finances from day one

True, this is your brainchild and your life savings are on the line. Thus, you feel a deep connection to the company and a need for it to succeed. However, you need to remember that you are only the owner and thus an investor in the company and is a separate entity from that of the company you are building. A common error most commit is to get too involved with the company and the personal gets mixed with the company. It is important to remember to keep the two separate. Thus, it is important to manage the finances of the company as a separate entity and record any and every investment or sale as a part of the company operations and do not become a hazy line between the company and your private expense.

Borrowing Money

This is tricky area where most of us get carried away or end up with massive interests due to lack of knowledge. Before you go to a money lender and get the best possible loan, first do a complete analysis of the company’s needs and the exact amount you require.

Do not go to a money creditor and ball park a figure which you can never pay or not enough to manage with. It is important to get the services of best money lender in Singapore and not those of random dodgy persons so as to safeguard your assets. Remember to read the fine print on each and every document before signing something and to also remember to keep a copy of the signed document with you. The reason it is important to go to a licensed lender is that these practices are in place and room for fraud is minimized.

Pay Your Tax

Finances are tricky and a very dangerous line of any business. No one likes a person who cheats one off money and definitely not the government. Thus, a common mistake most youngsters do is to disregard the tax and other financial regulations of the country or region and go ahead as they please. Keeping in mind that these same institutions have the power to completely shut you down should be enough incentive if not time in jail should help one remember to pay ones taxes on time.

Creating A Unique Gift For Your Child

As an individual, you may have a lot of goals in life. You may have set certain goals in your personal and professional life so that you can achieve the life you want to have. One of the personal goals many people have in their lives is finding a compatible partner and getting married. Once you get married your next goal is becoming a parent.
However, when you become a parent all the other goals of yours have to go through a certain change. This is because automatically you start seeing your child as the most important person in your life and you try everything you can to make his or her life special. There are many ways to make your child’s life special. A Taimaobi is something that you can use to create something special to your child if you are living in Singapore.
Photo Albums or Scrapbooks
Though we belong to either the western culture or the eastern culture most of us are used to living modern lives. For example, even though your culture may have traditional clothes that your ancestors used to wear, pants, frocks, skirts and blouses are the common clothes of anyone in the world because we are used to living a modern life. As a result of this modern life, we see making photo albums or scrapbooks as a way to create a unique gift for our child. This becomes a unique gift because by doing this he or she gets to see how he or she grew up. That is going to be something valued by your child.
Crafting Something Important
Then, we go to creating something important than a photo album or a scrapbook. In Singapore, you get to make a Taimaobi for your child. Is there any gift that is more unique than that? Tai Mao Bi is a calligraphy brush that is made of the hair gained when your baby’s hair is cut the first time. Therefore, this Tai Mao Bi marks an important event in your son’s or daughter’s life that can never be experienced again. Thus, this becomes one of the most unique gifts that you can gift to your child one day. Also, there are companies that offer to create a nice, beautiful calligraphy brush using your baby’s hair for affordable prices. You can choose such a service to create a high quality gift for your baby.
Every parent’s wish is to make their children’s lives special. One way of doing that is gifting special presents that help to mark special events in their lives.