Lanturn SG Blog - Page 21

  Reading time 8 minutesYou may have heard that bookkeeping services for small business are an efficient way to keep your accounting records updated. Business owners have to consider taxes, compliance, and other legal requirements. Neat, well-organized bookkeeping and accounting records can increase your company’s chances of survival, this applies to small businesses and established corporations. If […]

  Reading time 8 minutesEfficiently manage your small business accounting tasks with the right accounting software or system. Accurate and time-saving, these tools help avoid costly errors like the one that cost TransAlta US$24 million. Showing that despite being routine, accounting tasks are usually time-consuming and dependent on accuracy, which means that human error can lead to disastrous […]

  Reading time 11 minutesEligible Small and Medium Enterprises (SMEs) in Singapore are the backbone of the economy, and government grants for SMEs provide much-needed support. But what counts as a small and medium enterprise in Singapore? SMEs have less than 200 employees or fewer than S$200 million in annual revenue. While Singapore is renowned for being […]

  Reading time 6 minutes During challenging economic times, the decision to hire a Virtual Chief Financial Officer (VCFO) or virtual CFO might seem like an unnecessary expense. However, with 82% of early-stage companies facing failure due to cash flow and financial management issues, it becomes crucial to consider the benefits of outsourced CFO services. Can you afford to […]

  Reading time 5 minutesIt’s hard to overstate the importance of luck in life. And as one of the few startups in Singapore that’s both backed by a great VC firm and also works for a lot of VC firms (as well as hedge funds, private equity firms and family offices), we can’t deny we’re incredibly lucky. In particular, […]

  Reading time 6 minutes Singapore is one of the easiest countries to start a business in. Unlike other countries, things like company registration in Singapore are efficiently streamlined to simplify the process for any budding business owner. Although some business owners still find the country’s registration process tiring, the benefits of registering your business far outweigh […]

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