The key to business success is customer acquisition and retention. A company can expand its operations by gradually expanding its client base and ensuring that the product it sells is of value to its customers.But a quicker route to grow a business is through the acquisition route. While this strategy can yield instant results it […]
Naiise founder Dennis Tay has rapidly grown his business of selling designer goods from an online platform to five retail outlets in a short span to time. He was able to achieve a remarkable level of success by following a few simple principles.In fact, the expansion of Naiise has caught the eye of several venture […]
In today’s world of technology and fast disrupting start ups, everyone is talking about how companies like Uber and Airbnb has rose to become the world’s largest transportation and hospitality businesses respectively without technically owning any real assets.But for most of SME owners, that aspiration to disrupt their own industry could be a distant dream […]
The local start-up scene is short of anything but HOT – there’s no short of investors and venture capitalists, government grants, networking events and start-up websites and channels loaded with up-to-date start-up and funding news, and all these, within a short span of a few years.While government efforts at keeping Singapore as the best place […]
Troubles are looming over retailers in Singapore as they face fierce competition from e-commerce stores around the region. Sale numbers for retailers during the last 2 Great Singapore Sale has been one of the worst in their history, and the outlook is still as dim as ever.But not for Dennis Tay, the founder of NAIISE, […]
Prakash Somosundram started Yolk Singapore (now known as Grey Digital) in September 2001. The venture grew to become one of Asia’s fastest-growing interactive and digital media networks.But when the company started out it had just $7,500 in working capital, a sum that was barely sufficient to pay the initial down payments and the first month’s […]
When Prakash Somosundram started the creative and digital agency with 4 other partners – he had no idea how big he wanted to grow the business, let alone leading an acquisition to WPP, a deal that is still being talked about as a successful story even till today.In this interview, SeedIn talks to Prakash on […]
Raising capital for a business is usually seen as one of the most difficult aspect of bringing a business idea to fruition, but new technologies and platforms have given entrepreneurs a plethora of ways to make that happen.Traditionally, small business owners have relied on family and friends for seed capital to launch their business. If […]
Traditionally, banks have been an important source of finance for businesses.Here’s 6 questions that you need to ask before applying for business loans.Over a period of many years, they have evolved a certain set of practices that have enabled them to provide funds to companies in a manner that is profitable for the banks. Continue […]
Despite Singapore being one of the best places globally to start a business, running your own company still comes with a whole set of challenges.Finding capital, operational challenges and manpower problems are all part of the game. Continue Reading
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