Q. Start-Up Business

capital, well it depends on what business you want to do. it's linked to your 2nd and 3rd question actually. you'd have to do the math. rental costs, monthly utilities, corporate vehicle, set aside some $$$ for entertainment with clients (eg. dinner or play golf etc), manpower planning. so it boils down to what business you want.

you can go to www.acra.gov.sg. scroll down slightly in the middle of the page there's a segment on setting up business and a link to bizfile as well. do check that out for admin requirements.

rental depends on your location. you'd have to be pro-active and look around at the rental rates. or check around straits times classified. you might need to do some calling to property agents, do some sightseeing etc.

As-Salamu Allaykum,
I pray this finds all well with yourself.

You don't say what type of business, or type of environment you require.

Cost can vary wildly;
Food-Related will require specific licenses, particular types of business accomodation [vermin proof / concrete floors] & equipment [eg: temperature control, etc].
Retail will require 'customer' insurance policies.
Etc.

Dont' know the Singapore environment but have been involved with Business' in various countries so assume similar facilities will be available within an advanced country like Singapore;
Best Sources for this type of Information, as well as Free Guidance & Support would be to look to:
- Business Registrations Department [Govt]
- Industry Associations Related to the Industry you wish to address
- Tax Department [they can be surprisingly informative & helpful]
- Government department that covers that particular Industry
- [Local] Institute of Management [their Libraries are a Mine of Information
- [Local] Commercial Banks - These will often help with such aspects as Business Planning, & help with 'Contacts' that you are likely to require
- Insurance Companies that Specialise in 'Business Insurance'

Hope this is of help.
Very Best Wishes with your New Endeavour - May Allah Make your path easy & successful in this life & especially in the Hereafter.
Aleef [alifs1@hotmail.com]
......................................................

hi rocky,
sirhan here .about business.If u wanna start small I recommend network marketing. For less than SG$240 you can subscribe membership plus products.Then you are already your own boss.Hardwork for the first year and the rest of the year you can see your income coming.Well 1 year is only an estimated time.It can be more or less.This kind of business will promote those who wanna be millionaires.can reply me or send via email sirhan22@hotmail.com

hey sirhan

networking business is haram according to scholars. just to let u know ya.

http://ahxuan2share.blogspot.c...

oh wow good write up. learned something new today about network marketing. thanks!