1. I WANT TO START A BUSINESS IN SINGAPORE, WHERE DO I BEGIN?
Starting a business is a huge decision for anyone. Once you have decided on the type of business that you are going into, you will need to know what are the resources available to you. Understanding what resources are available to you as well as who would be involved are key areas that need to be clear, many businesses fail because of the lack of clarity in these areas. With our experience dealing with startups and SMEs, we will bring you through the entire process and propose the appropriate structures and processes to ensure you hit the ground running!
2. WHAT DOES A CORPORATE SECRETARY DO, WHY DO I NEED TO APPOINT ONE?
3. WHY DO I NEED AN ACCOUNTANT WHEN I CAN DO MY ACCOUNTS MYSELF?
Most businesses’ definition of doing accounts is data-entry. Doing data-entry does not equate to accounting. Anybody with basic computer skills can perform such a task to a reasonably good standard. Accounting on the other hand is a profession regulated by international bodies and has its own set of different standards that are applicable to different jurisdictions.
4. I AM SPENDING TOO MUCH TIME ON MY ACCOUNTS, CAN YOU GUYS HELP?
5. HOW DO I KNOW IF MY ACCOUNTANT/CORPORATE SECRETARY IS DOING A GOOD JOB?
Your corporate secretary should be able to answer all your questions with regards to the company’s act. This will also include all corporate governance matters and ensure your compliance with regulatory authorities. It is the RESPONSIBILITY of the corporate secretary to remind you to file your annual returns with the authorities, you should never be late if your corporate secretary is doing a good job.
6. WHAT ELSE DOES U VENTURES DO BESIDES ACCOUNTING?
U Ventures is primarily an accounting and business advisory firm. While our core strength is in accounting and taxation, we also assist our clients with matters relating to business incorporation, work permit matters as well as business expansion.
7. HOW DO YOU DETERMINE THE PRICES FOR YOUR SERVICES?
8. HOW DOES U VENTURES ADD VALUE TO MY BUSINESS?
Our firm was founded by Entrepreneurs for Entrepreneurs. We are entrepreneurs ourselves and accounting is our craft and specialty. We have the added benefit of understanding businesses, having amassed our own set of experience from our failed business ventures and working with more than 300 different clients over the past 7 years. As Warren Buffet says, “Accounting is the language of business. If you don’t speak the language, it’s difficult to win the game.”
We are partners in your business, we do not see ourselves as an administrative function but more of a transformational tool. We will listen, share and advise based on our past experiences with other businesses and provide you with all the support you need to grow and scale your business.