2:07 AM
Ratnarao
Getting an education is still believed to be the best ticket to becoming successful. This is the case even if famous college dropouts like Bill Gates, Steve Jobs and Mark Zuckerberg have made it to the list of the world's wealthiest and most influential people. For as long as this view stands, the education industry will continue to have excellent business potential.
Suffice to say, there is gold waiting to be mined in the education industry. Fact is, many educators and business-minded individuals in Singapore are currently reaping the fruits of venturing into this industry. If you're an educator or a businessperson looking for a smart venture, why not establish your own school, too?
So, how do you start this venture? Well, the process involved in putting up a school is no different from that of other businesses. First, a feasibility study needs to be done to determine whether this business venture is going to be profitable or not. This process requires you to decide on the type of institution and its location. Most importantly, you have to analyse the market and make financial projections.
Should the findings in your feasibility study show that your planned business venture is going to be profitable, the following step is to work on your application for company registration in Singapore. Provided that you have all the right documents, your company may be incorporated in at least two working days. Some of the pertinent details you have to provide when you register company in Singapore are your company name, business address, narrative about how your business will operate and information about your directors and shareholders.
After you accomplish these two fundamental steps, what you've left to do is prepare for your operations. Naturally, the earlier this takes place, the better. Hence, to expedite the process, hire the services of experts especially in registering your company. Doing this is the best way to avoid costly errors and delays. In addition, this move grants you the time you need to focus on other important matters with regards to the establishment of your school.
Suffice to say, there is gold waiting to be mined in the education industry. Fact is, many educators and business-minded individuals in Singapore are currently reaping the fruits of venturing into this industry. If you're an educator or a businessperson looking for a smart venture, why not establish your own school, too?
So, how do you start this venture? Well, the process involved in putting up a school is no different from that of other businesses. First, a feasibility study needs to be done to determine whether this business venture is going to be profitable or not. This process requires you to decide on the type of institution and its location. Most importantly, you have to analyse the market and make financial projections.
Should the findings in your feasibility study show that your planned business venture is going to be profitable, the following step is to work on your application for company registration in Singapore. Provided that you have all the right documents, your company may be incorporated in at least two working days. Some of the pertinent details you have to provide when you register company in Singapore are your company name, business address, narrative about how your business will operate and information about your directors and shareholders.
After you accomplish these two fundamental steps, what you've left to do is prepare for your operations. Naturally, the earlier this takes place, the better. Hence, to expedite the process, hire the services of experts especially in registering your company. Doing this is the best way to avoid costly errors and delays. In addition, this move grants you the time you need to focus on other important matters with regards to the establishment of your school.
About the Author:
For related articles on company incorporation or visit www.richmondcorporateadvisory.com
Posted in 
No Response to "Fundamental Steps In Establishing An Educational Institution"
Post a Comment