5 Great Small Business Ideas to Try in Singapore

Singapore is the hub of modern and cutting-edge technology. Despite the 4.1% contraction due to the pandemic in 2020, the country’s economy rebounded and grew to 7.6% by the end of 2021. With its strong economy and government-incentivised business programmes, it’s easy to see how any business can easily thrive in the country.

The country’s business policies are generous to locals and foreigners wanting to open a business. Despite the ease, finalise your idea and business goal before setting up company in Singapore. Have zero ideas? Here are five ideas that will surely make your brand take off.

Search Engine Marketing

Consumers are looking for solutions, and businesses offer them. Search engines are handy tools for consumers and businesses. Search engine marketers ensure their client’s offers are within the line of sight of their target customer base whenever they search certain keywords.

You can start your search engine marketing (SEM) company by familiarising yourself with the best practices in creating a marketable website on Google, Bing, Yahoo, and other prominent search engines. You can take affordable online classes that cover the basics and some advanced strategies that can establish your foothold in Singapore’s SEM industry.

E-Commerce 

In 2021, the economic contraction of 2020 was offset mostly by enterprising Singaporeans who understood how e-commerce works. Shoppee, Lazada, and Carousell, three of the pillars of e-commerce in Singapore, became the bridge that helped businesses and customers reach each other.

Keep in mind that e-commerce goes beyond the boundaries of these three industry giants; you can build your own website from scratch and design it according to your brand. You’ll only have to pay for your yearly hosting and deliveries.

Social Media Management

Think of social media management as a small-scale company’s public relations team. You’ll review the existing and published content on the client’s platform, create a calendar to publish the content on famous social networks, and place captions that would grab your viewer’s attention.

Social media management is a great way to run a company without a physical location. For proper tax mapping, you can register at ACRA and your home as a business establishment. Then, you can start helping companies gain more visibility on Twitter, Facebook, LinkedIn, Instagram, and other famous platforms.

Graphic Design

Graphic design focuses on creating meaningful visuals and symbols for businesses, while graphic arts artists take on commissions and focus on imaginary and artistic expressions using conventional or digital tools. As a graphic designer, you’ll work closely with companies in creating packaging, labels, logos, colour schemes, and more.

The capital you’ll need to build your graphic design agency is a powerful computer that can handle your illustration software and a good Internet connection for communication and asset submission. You can create a graphic design agency by yourself and register it as a sole proprietor. Alternatively, you can join a group of graphic designers and register your company with ACRA.

Web Designer

A web design company is in an evergreen industry because countless businesses need their websites uploaded without dealing with PHP programming or animating their websites. They think of web companies as construction contractors that build great digital offices that represent their brand and its values.

Web design companies work on the structure and overall design of the website. They usually work with graphic designers and copywriters to create content that represents the brand. Most web design companies also work closely with search engine marketers to optimise the website for multiple search engines.

Metropolitan Management Pte. Ltd. is a specialist firm that helps improve your business’ operational processes, accounting, payroll, and beyond. As an outsourcing company, we guarantee only the highest quality of service when managing your business. Call us today to schedule an appointment.

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