Singapore is a very suitable place for the business persons to set up a business. Apart from the low tax rates,and the comfort zone of doing business, another important factor that attracts business person from all around the world is the range of funding sources for startups. Startups are all about risk, so a startup investment totally depends on identifying the startups which are making themselves less risky over a time. One of the most effective methods to slow down risk for your startup is to build a vast, well-connected support network that can act as a major advantage to your project. Apart from the investors, these will mostly be your board of administrator and your startup’s advisor.
If you find an individual with business qualities, whose experience can add importance to your startup, you can consider them for their contribution to your company. Their role in your company will be different from your board of directors. The board of directors is an organization strictly run by the orders of state corporate law; therefore the board role plays a vital rolein the company holding specific powers and responsibilities. This position is not for everyone who will help you in startup.
If you are thinking to set up a business at Singapore then there is nothing to worry about a startup advisor. You will get a multiple of experienced advisor who will help you in business skills, strategic advice, ability, investor connections, etc. Startup advisor helps your business to gain benefits, deliver strong ideas and pathways to gain more success. Well respected startup advisor can send positive signal to shareholders.