If you have recently decided to enter self-employment, the probable reasons why are clear. Being self-employed, you won't need to spend money on commuting, while your hours can also be much more flexible than in a standard 9-5 job, The Telegraph points out

However, novices to the world of self-employment could run into various issues that can be avoided if more care and attention is exercised. Here are some potential traps to watch out for.

Are you really self-employed?  

Your employment status can have tax implications; however, before you can discern what they are, you need to assess whether or not you actually are self-employed. 

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Are you planning to start a business in Singapore?  According to various reports, the country is becoming one of the best business hubs in Asia. Entrepreneurs, both foreign and local, prefer Singapore because the government has made it easy for them. Foreign investors can get all the relevant information about registering and setting up a business from reliable agents like Visa Express Singapore.  Irrespective of the type of business you decide to open in Singapore, below are the steps to follow when starting any business in Singapore.

Business Registration

This ought to be the first step. The relevant body that takes care of business registration is the Accounting and Corporate Regulatory Authority (ACRA). When one is registering a business, she or he must consider that the business name, address and other important details must be registered. The body is also concerned with getting to know the board of directors who will run your business.

Applying for Permits

Some permits are required to run a business. If you are a foreigner in Singapore, you do not have to peruse all the web pages looking for which permits to apply. Using a reliable agent will ease the work because she or he will do all the work for you. The beauty of using this option is that the agents will save time and do the right thing. Checking the reputation of the agent before hiring is a good habit to increase the chances of having good work done for you.

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The pace of technical change during this decade has increased exponentially, bringing many new tools to business. As business people we are no longer chained to a desk or a desktop computer. We can do business anywhere now. However, for small businesses, this brave new world is filled with logistical and security pitfalls. Dealing with security in the BYOD (Bring Your Own Device) workplace and battling hackers often requires the resources of full time IT staff. And sharing calendars and files with your team often either requires a dedicated server or a cost-prohibitive 3rd party service. 

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Websites are a critical tool for an organization seeking to promote itself effectively in the modern world.  A search engine is the first port of call for an increasing number of people, or prospective clients, seeking a particular service.

This is true for all businesses today whatever their size and, therefore, the importance of getting a website right must not be underestimated.  Your site has the potential to be so much more than an online poster or simple a directory of information.  It is the online public face of your business, very often the first thing that a potential client will see, and first impressions count.  An appealing and impactful website will make the difference between visitors wanting to know more or moving on to a competitor.

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