February 26, 2015 | Sharon Cheong
As a major financial hub in Southeast Asia, Singapore offers small business owners a great opportunity to build a profitable business and become a successful entrepreneur. The city is one of the world's best for all types of businesses, but if you're new to the region, then a small franchise can be the perfect solution.
How Much Do You Have to Invest?
Look for recognizable brand names that people trust when researching franchises. Brands that are already popular offer good earningpotential and low risk. If you have $50,000 or less to invest, then a sandwich shop, coffee shop or other type of eatery would be ideal. Many of the big name brands are available worldwide, but now work in an industry where you have some knowledge and experience. Stay within your budget and find out if the franchise offers adequate training.
Education and eLearning
These fields have truly grown in all parts of the world because people have come to realize that they can increase their earnings by being better educated. ELearning provides good instructions to adults on all types of topics and this could be a very lucrative small franchise business in Singapore. There are unlimited subjects that your school might teach from basic language skills to subjects like Information Technology,accounting, and computer repair.
Singapore now has numerous companies offering consulting services, both large and small. Many of the leading HR and management consulting firms in Singapore are now looking for savvy investors to start up a small franchise in their locale. This offers a respectable business opportunity with excellent earnings potential. Take advantage of the convenience of a virtual or serviced office so that you can get a prestigious address for a low start-up cost. One of the keys to success in consulting is to assure clients that you have the resources to solve their problems and meet their business needs.
Marketing and PR Services
Singapore offers a thriving business climate, but also increased competition in almost every field and that's why many business owners seek out and hire PR and marketing agencies to help them succeed. A small franchise that provides marketing and PR services should give clients personalized services and solid results.
Success for Your Small Franchise Business in Singapore
Singapore is a world-class city for business travelers. It's a great place for a small franchise business. The city also welcomes investors and has a strong forex market with a stable financial foundation. Entrepreneurs, small business owners and larger organizations like Google, Microsoft, Shell Eastern Trading, Apple, and DBS Bank have offices in Singapore. Even with limited resources, it's possible to buy into a lucrative small franchise business.
Servcorp Serviced Offices serveall of Singapore with upscale business space located in the most prominent areas. Virtual and serviced offices lower the cost of setting up your business office while still providing exceptional amenities such as IT and HR professionals, phones, internet and office staff. Get top-quality furnishings, décor and services for one low price. Call to find out how you can afford a prestigious address in the Central Business District of Singapore for your new small franchise business.