Re: I Got $50k Cash
 

I can say I'm a customer oriented person. Your point of view i like most. Earnings is still priority difficult it may be yet fulfilling because meet a lot of people, customers satisfaction and in the end make friends.

Re: I Got $50k Cash
 

Btw i need help on some of the following matters

1) how can i trademark my own branding

2) To set up my own registered company.

3)izzit a necessary thing for me to be a registered company before i can do any business online. (heard there are some agency who can do it on my behalf to be a registered company. how much it gonna costs me)

4)can i/legal for me to re-branding stocks from my supplier.

5) to be an ACRA retailer

6)Can i still work with my present company even after i've registered as a company

I'm sorry if i've posts silly question. As i said i'm totally a noob.
Thank You all:o

Re: I Got $50k Cash
 

you can easily set up your own registered company from online
www.bizfile.gov.sg

it's very easy and simple steps to follow.
no point paying the agent to do such task

re-branding the products to your own brand is dependable how the contract or working relationship with your supplier. Usually it's no issue to have your own branding but there might be minimum order to do so.

as long as your company didn't have a clause that specifically said you can't own any business under your name while working with them, you can do so. it's better to check your company policy first.

i hope this little info help :)

Re: I Got $50k Cash
 

Hey, i think the fund you set aside for a start is sufficient, do a bit of calculation and start small. Do product launch. Short term lease to try. Start with small min Qty 1st , dont care abt MOQ, sometimes design n quality count. Check on consume needs n interest. Pay a bit more for the 1st few batch of goods to start 1st, dont jjump ight into lease till yu have 80% confident. Cut loss is the best advice i can say... take low risk n dont be greedy. Is never too late. All the Best

Re: I Got $50k Cash
 

Thank You daffodil21 and from all the people. I've have gather so much information here. Will continue to search new ideas and info for me to pursue my passion.

Re: I Got $50k Cash
 

Hi
I am seldom do posting or replying to any topic. But just out of sudden just to make a post to this topic
Actually i am agreed to what they advise to you. And they are really kind hearted people

Re: I Got $50k Cash
 

I have been online selling for 2years, partly to perfect my skills and partly to understand consumer needs.

To use $50K to setup business is totally possible.
Last year, I assist my friend to setup her gown/ROM shop in far east, her renovation is $15K, and stocks added up to $10K. Rental is around $3K. She also pay about $1K on logo design (for branding for her 2 trades) and another $2K for website building.

Since success from online biz for myself, I have decided to setup a shop in Marina Square. For branded malls, the real killer in renovation is the submission to respective regulatory and their demand in design. This portion was a surprise for us and overshoot out reno target by $5K. Some adjustment had to be made, including using Ikea fixture instead of custom made for simple design to save cost to control within target. Setting up shop on our own is not easy, you have to prepare the stress during the initial period.

For reading materials on registering biz, try this link :
http://www.business.gov.sg/EN/Starti...pe_company.htm


Try to do some market study on your product before venturing. I work for 10+years, and finally reached department head level. Many ppl could not understand why I give up a comfy 5days, on the dot job with no stress. But I know I can create a better future if I succeed, and if I did not, I still have this market that I can return to since my profile is good.

Good luck to you, in advance. Take calculated risk, not blindly fall in. Remember, luck is where opportunity meets preparation.

Re: I Got $50k Cash
 

straight to the point, I like your comment:)

Re: I Got $50k Cash
 

straight to the point, I like your comment:)

Re: I Got $50k Cash
 

Yes, they really are. I'll never forget to all the people who giving tips and advice. i've decided when the time come, i'll setup my biz online as on trial to capture and to have understanding the fundamental of doing my own business and if everything works out according to plan god's willing i'll setup my own shop.:clap: :thanx: