Wednesday, 29 March 2017

Starting up: The rise of the Singaporean entrepreneur

Today, the start-up community is thriving and Singapore is even regarded among investors as an entrepreneurial hub. Dubbed by The Economist as “the world’s most tightly packed entrepreneurial ecosystem”, “Block 71” - located at JTC LaunchPad@one-north - is Singapore’s equivalent to Silicon Valley, with more than a thousand people in hundreds of start-ups and incubators.

Between 2012 and last year, Singapore moved up seven places to 10th in an international report which ranked start-up ecosystems. The report by Compass - an automated reporting and benchmarking software provider - was based on publicly available data. By 2035, technology start-ups alone are projected to contribute 2 per cent of the Republic’s gross domestic product, according to PricewaterhouseCoopers.


Tuesday, 28 March 2017

Selling A Business

“Business opportunities are like buses: 
there’s always another one coming.”

Planning to migrate and wish to sell your business? 
Or wish to sell your business for other investments? 

Whatever the reasons, some benefits of selling your business include:

  • Structuring a deal that transfers your business to new owners and generates liquidity for you, but allows you to remain involved in the business if you so choose.
  • Taking advantage of opportunities. It may be the right time to sell your business at the highest possible price. The overall economy and trends in your specific industry may create high demand and attract many potential buyers—but that could change over time.
  • Diversifying your personal finances. If the equity in your business represents your most valuable asset, selling it allows you to turn some or all of those assets into more liquid and more diversified investments. 

P&G Business Consulting will be able to assist you in business valuation and source for a buyer. We will assist you to negotiate with the buyer for the best selling price. Contact us to book an appointment.

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