Why you should consider refinancing your Singapore Mortgage Loans now

Why you should consider refinancing your Singapore Mortgage Loans now – There are many things you should watch out during a downturn and a recession. Most of the time recession causes job losses and therefore a drastic fall in income. When this happens, people spends less which triggers an even deeper recession.

Why you should consider refinancing your Singapore Mortgage Loans now

One of the good things that do happen during such a situation is when government wants to promote the flow of cash and money in the financial system, they will low interest rates. Interest rates that are lowered will mean people borrowing more to buy things and also to invest into their businesses. This means that more money will end up flowing and keeping the economic system from tanking.

When interest rates fall, the banks will follow suit to reduce their interest rates across board. Which means your savings will actually get lesser interest and also at the same time the loaning rates will also fall.

In a good economy, rates for mortgage loans in Singapore can be around 2.x% and this is quite common in a good economy. Now with the rates of the loans going for 1.7x% for some banks, you can expect the mortgage economy to be quite low for a period of time.

For most residential property owners, they will choose to refinance their mortgages so that they can save on interest rates. This is because mortgage loans in Singapore will increase after their lock in period of 2 or 3 years and this is something that is very common across Singapore and the rest of the world.

The interest rates are usually that thing that will make sure your property investment is a money making or a money losing venture and when we are looking into mortgage refinancing, this is one of the key ways that you can save on money that will have been paid to the bank if you did not do changes to your mortgage rates.

We are able to sit down with you to guide you on how you can actually save more money in the long term by making some adjustments to your payment.

We are also able to give you the best packages available to you and your investments today.

Speak to us so we can assist you with your Home Loan Brokering work.

For our clients that work closely with us, they will know that we strongly recommend Avant Mortgage as their Mortgage Refinancing Singapore advisory and also for those who require help with Mortgage Advisory Singapore, you can also speak to them.

We are keen to assist you with your Xero Accounting Services needs.

Why you should consider refinancing your Singapore Mortgage Loans now

How cloud based accounting services can help you during this pandemic

How cloud based accounting services can help you during this pandemic – The one good thing about any services or product that is cloud base is the fact that you can get work done anywhere and from all over the world.

Cloud Based Accounting software Xero is the primary software that K Cloud Accounting Pte Ltd uses to serve our Singapore Bookkeeping Services clients. We use this cloud based accounting software because this software is not just an easy to use software, you can also issue you quotations and invoices from anywhere you are, at anytime.

This is one of the main reasons why we like to recommend this software to our customers.

Cloud Based Accounting Services allow us to maintain your books without having to deal with physical documents that you usually have to handover to your accountants. Payment to us are also done virtually so you do not have to come by our office or even have an internet banking dongle to get things done.

This pandemic has been causing a lot of havoc to the public health system of the world and has slowed down the world economy. The world economy now is experiencing supply and demand shocks from the lockdowns and also subsequent oil price shock.

Most lock downs have also caused businesses to go into a halt because there is just no way for businesses to function without having a presence in the office or at a physical workplace.

We work closely with our startup and SME customers to ensure the accounting services provided for them are done with the highest quality and also at the same time done on time so that the submissions are done on time for the submission to government and also for management purposes and allow for fast decision making for stakeholders.

K Cloud Accounting is keen to work with you on delivering on your startup bookkeeping services. If you require help with Singapore Bank Loans, you can contact our partners too.

How cloud based accounting services can help you during this pandemic

Why you should get a good mobile application developer in Singapore

Why you should get a good mobile application developer in Singapore

Why you should get a good mobile application developer in Singapore – There are many reasons why you should get a good mobile developer in Singapore to help you with your mobile development in Singapore.

Mobile phones are very popular in this time and age, with many people owning not only one or two of the most popular mobile phones in the world. There are way more mobiles than there are humans now in this world and if you are a good mobile application developer, you definitely will be able to get good jobs.

When you are a company and building a good mobile application for your business needs, it not only helps you to expand into a market that is big and able to access into more features that the normal website will not be able to do.

Mobile applications can use many features to help you save time and effort, make payments and also track where you are and what you need to do. Pop ups can help you to get task reminded and done and many more things that a website may not be able to do but a mobile application can.

A good mobile application developer Singapore can help you to ensure that the user enjoys the application and the ios mobile application developer or android mobile application development can make sure that you have a good mobile application on both main operating systems. Having it on both operating system means you got most of the users in the world covered and this means you will have a strong base.

A good developer also means that you will get your application approved much faster than if you have someone who is not familiar with the rules and regulations of the major players in this mobile application game.

Someone who has done work for the leading companies in Singapore also have the expertise that the big guys appreciate. If you know that the MNCs work with them, you are sure they can deliver.

The worst things that can happen is to work with someone who say they can but they are not able to.

This will mean wasted money and wasted money is bad for business. Businesses that have limited funds will know that every cent counts and every piece of hard work will make sure that the business can survive and go a long way.

Maintenance is also something that most people do not really pay a lot of attention to but if you are someone who runs a big company and wants to make sure that your programme is always working at the peak that it should be and do not want to worry about down time, you should consider a good maintenance package.

Working with a good company that has a strong team will allow you to have a ready pool of technicians to provide maintenance to your mobile application when you need it.

If you require a good developer, speak to Originally Us Mobile Application Agency.

K Cloud Accounting is a Singapore Accounting Services firm.

Why you should get a good mobile application developer in Singapore

Singapore economy heading towards recession

Singapore economy heading towards recession – Singapore is heading toward a major slowdown and recession in the coming months. Singapore is a major financial hub of the world with it being the main financial hub for businesses in the Southeast Asia region.

Southeast Asia is quite badly hit by the Covid-19 outbreak and being in the region also means that with the slowdown in China and also the USA, trade will lessen. Trade is one of the main lifeblood for Singapore and companies in Singapore. Singapore is a major port in the region and this is also one of the things that will be greatly affected in the case of a recession.

Singapore is heading clearly towards a recession and heading there fast.

The Singapore government is coming up with a series of schemes to keep the economy going and also will be releasing more details on how to keep the economy going on with the slowdown in tourism, retail and eventually all parts of the economy.

One of the earlier schemes announced during the budget is the increase in working capital loan quantum from $300,000 to $600,000 and the government increasing its risk share from 50% to 80%. This is one of the few items that will definitely help to ease up the load on the SMEs in Singapore.

But with prolonged slowdown expected to reach all the corners of the economy, we are hoping that there will be more that the government will be able to do to help the economy to reboot and also cushion the fall.

Singaporeans will likely have to keep their pockets tighten and this will eventually lead to a general slowdown of the entire economy.

With the Covid 19 situation likely to drag on till mid or end 2021, most businesses will have to change the way they function and also to have some ready cash to keep things flowing before the economy reboots.

This is something that has never happened before and this is also something will be the challenge for a decade or even century for businesses around the world and also in Singapore.

Singapore is ready to weather such changes but things will still be tough for the business owners that wish to work things out in the long term.

Business Loans definitely are one of the key ways to keep things flowing and going.

We are keen to help you or consult you if you have any questions.


K Cloud Accounting works closely with Avant Consulting, our SME Bank Loan Broker in Singapore that focuses on corporate loans in Singapore.

If you require help with Singapore business loans, you can contact them.

Singapore economy heading towards recession

Should SMEs in Singapore take up bank loans to assist in their business

Should SMEs in Singapore take up bank loans to assist in their business – There’s an old saying that business or people should avoid debt as much as possible. For the older generation, debt seems to be something comparable to gambling, something that is bad, something that should be avoided.

Should SMEs in Singapore take up bank loans to assist in their business

Loans & debt has been around for many years ever since the start of the financial system. And it has been a vital part of the explosive growth of many western countries that have been using debt to do more business and grow at extraordinary rates that has never been seen before.

SMEs in Singapore has been slowly warming up to the idea of taking bank loans to finance the purchase of assets and also for business expansion and with this the recent years we have seen a higher take up rate of loans in Singapore.

Singapore SME loans are not exactly the easiest to get but the government has been very supportive to startups in the past with Micro Loans and for the SMEs with the Working Capital Loans. For those company that need more than what the Working Capital Loan can offer, they could also get a higher interest rate Term loan from the banks themselves.

Loans are not only given out by Banks, loans can also be given by financial institutions that work closely with businesses to provide loans.

With the recent increase in difficulty in doing business due to the new Covid-19 Outbreak that has caused the tourism and retail sector to slow down, we believe the government will be providing higher quantum of loans and also easier criteria to help business get pass this tough business climate.

So if you are a SME owner, why should you take up bank loans to run your business you may ask.

Businesses that require a bank loan will definitely benefit from the additional cash flow you have from taking up a loan for expansion. Investment into assets or into marketing will come back with returns that will help you speed up your business growth a little. This is one thing that most people do not realize that the risk of taking a loan and repaying the loan will be outweigh by the growth you get from investment into items and services that will definitely help you to increase in revenue.

For those who are going through cash flow short fall, you will also be able to survive the tough winter periods in business and come back up stronger if you were to tap on loans that are available to you and your businesses.

You should never treat loans as something scary but something that can be of extra help to you especially if you are just starting off in this business.

  1. Working Capital LoansWorking Capital Loans are supported by the Singapore Government to reduce the risk of banks loaning out to SMEs by 50%, this allows the banks to have a must easier criteria on lending and encourages more cash flow circulation in the market through the loans given out to businesses to carry out more business.

    With the recent outbreak of Covid-19, the government will be increasing its loan quantum for Working Capital Loans and also at the same time will be working closely with the few sectors that are suffering direct hit from this outbreak, such as retail and tourism and will have a more targeted bridging loan support for them.

  2. Business Term LoansBusiness Term Loans are given out by the banks through their own internal funds, not supported by the government. Banks will offer term loans at effective interest rates usually around 7-8% and this allows businesses to use it for expansion and cash flow purposes.
  3. Mortgage LoansIf you are renting, you should consider buying up your units with Mortgage Loans that will definitely allow you to build up networth through owning assets that you can use for long term purposes and also for investment usage.

    Get your Loans refinanced as well after the lock in period to ensure that your fees are at the lowest so as to enjoy the best rates every time.

  4. Equity FinancingDo you own a property and will like to receive a loan by using it as security. Equity loans are one of the best ways to get low interest loans for your business needs.

If you require some help from a loan broker in Singapore for your Singapore SME Working Capital Loans, we work closely with Avant Consulting Pte Ltd to assist in our customers getting the best rates and also fees. We also assist in making sure we have compared across the board to give you the best choice you have.

Mortgage and property loans and mortgage refinancing in Singapore is also one of the things this loan brokers do for you and your business.


K Cloud Accounting works closely to provide high quality services for our customers and also our friends. We will be glad to give you advice if you require help in any.

K Cloud Accounting is the leading Xero Accounting Services firm in Singapore assisting our clients in acquiring the best accounting advice and also accounting work for your needs for government reporting and also management decision making. We work monthly to ensure all work are up to date and ready to be used by management every month.

 

Should SMEs in Singapore take up bank loans to assist in their business

How a mobile application may be what your business needs

How a mobile application may be what your business needs – Mobile Applications are the next step for many businesses. There are some features that cannot be done from a website and only from a mobile application that is done by reputable Top IOS or Android Mobile application developers in Singapore. So what are some of the things that will make a difference when it comes to having a mobile application for your business. For things such as ride sharing services or food delivery services, having a well written code for your mobile application is what makes a big differences in getting your services out to the world. Websites have limitations, websites usually are great for social networking and maybe some of the more informative things but when it comes to having an application that is on your mobile, it really does improve the overall experience of your business usage.

If you are a multinational corporation looking to build up a stronger engagement with your customer base, you will be glad to have a mobile application where you can get in touch with your customers through the application because you can push information to the app users if they allow it. When your user allows the pushing of information, you could probably get in touch with them on some deadline related matters, this kind of engagement cannot be achieved by just emails or phone calls but through application and also together with the integration of payment can help you save on man hours and also helps you to improve receivables. This is very important for business because this saves the business a lot of time and money and this will help to improve the business processes of this businesses.

Getting your mobile application development in Singapore done well might not be that easy. There are many mobile development agencies in Singapore that says that they are able to deliver high quality application coding work but not many are truly able to do that. There are select few that write good code and have good customer service to come wiht it and we are glad that we are working closely with companies like Originally Us, our friends and partners to help our customers to deliver high quality development of mobile applications.

The delivery of high quality application is important because it is not the fact of having an app that will help your business and business processes but also the fact of having an application that has good user experience and user interaction flows. Keeping the client satisfied with good flow of workflow and also with a fast app that does not lag when you submit things is very important. If it is slow and hard to use, customers will leave and not use it anymore.

This is one thing that we at K Cloud Accounting will like to share with the world and also our partners that mobile applications development can help you whether you are a MNC or SME in Singapore. If you require some help with it, contact us to find out more!

Best Accounting tips for Startup businesses in Singapore

Best Accounting tips for Startup businesses in Singapore – Startups are great for a young person who wishes to change the world and create something that will not only build wealth for the founders but also change the world as it is.

The startup culture of recent years have helped to push innovation around the world and speed up the changes that humanity wants to see in its inventions and also changes and improvements in processes and consumer needs across the board.

The startup culture has also seen some of its downfall and slowdowns with the recent WeWork saga seeing funded startups running on so much money that it is burning without even properly turning a profit.

As a professional firm providing accounting services, we will like to share with you some tips on how you as a Singapore startup can improve your accounting work to improve your chances of doing well in the long term in this tough and cut throat world with a new article on “Best Accounting tips for Startup businesses in Singapore”.

Pay close attention to your company expenses

The biggest problem with many startups is the run away spending that many will make when they are trying to grow their business and try to grow them fast. The thing about company expenses is that you think that you know what is happening but actually you don’t. You end up spending way more than you are making and this is going to start causing cash flow issues. If you are a startup that is bootstrapping which means you do not have external funding, you will go under really soon!

This is one thing that most startup founders do not realize that can kill their goals before it barely took off.

 

Make a plan of your company expenses

Budgeting is always a good choice when it comes to working on anything. When you budget, you will at least be paying close attention if you realize you are running way above the budget that you have set forth for yourself at the start of this course of action.

When you know what you are expected to be paying and you are way above it, slow down and make sure it makes sense before you push ahead again. Many business owners especially startups do not budget and end up over spending what they should.

 

Keep your records properly

Have you heard of lost receipts, lost expenses documents, lost invoices and lost cheque stubs. This are all very common things that happen along the way when you are running a business because you are just so busy running the business to handle all this administrative documents.

The fact is, keeping this documents intact and proper is actually very important. When you get audited by the tax agency, you will need to present this documents. You will not know when this is going to happen so which is why keeping accounting records are very important for a business especially a startup that does not have good systems in place.

 


At K Cloud Accounting, we will guide you to set up a good system for your business so that you as a startup founder will need to just focus on your business and leave the rest of the startup accounting work in Singapore to us.

Best Accounting tips for Startup businesses in Singapore

18 business ideas that you can start young in your 20s

18 business ideas that you can start young in your 20s

18 business ideas that you can start young in your 20s – There are many people who want to be their own boss but many people do no understand that it does not need to be the point where you have a good idea and then you start working on it. You can start something small from services and build up from there. There are many services that can be offered and if you are willing to learn and willing to try, you can make some income on the side.

There are things in your 20s that you can pick up on for you to start your entrepreneurship journey. As an Young Entrepreneur, many opportunities are available for you!

For most, starting up is tough due to the lack of capital, so the ideas that we are sharing will be those that do not require that much capital to start off.

For those who are not aware, most of the wealthy people in this world do not just start a business and they hit the jackpot. They go through a lot of failed ventures and failures in life before they hit success in one good business.

So before you hit that jackpot, you should be developing a strong set of skills that will help you eventually winning in this game of life and business.

So what are some of the 13 business ideas that you can start young in your 20s, that will help you to grow wealth and be successful when you are able to get more done.


1. Digital Marketing

Digital Marketing is a huge space in the business world right now. Gone are the days when you pay good money to have your advertisement show on the television and you will gain good purchases and also brand recognition.

The tv and news outlets are losing its shine with the advent of social media and social media and digital media marketing has become the new in thing where businesses will tap on to show case their products and also to funnel people into buying their products.

There are many different forms of digital marketing, there is Facebook and Instagram Marketing, There is linkedin marketing for professionals, there is Google SEO marketing, there is Google Adwords marketing.

There is also marketing through influencers and blogging. There are so many forms of digital marketing that you can choose from.

The fact is picking up each of this skills takes quite a bit of time. Being trained in it doesn’t make you really good. When you have run a few campaigns and optimized campaigns, that is when you really learn and are equipped with proper skills.

Pick up one of this skills, get really good at it, offer to help someone for free for portfolio and then you will be able to see yourself climbing up the ladder as you get better and can charge more for the amount of work you do for your clients.

2. Consulting Services

Are you someone who is really good at getting a certain food item done up in a certain manner. Or are you able to design something really special in a certain manner. SME Consulting work can be quite a lucrative business if you know someone that someone else doesn’t. When that comes into play, people are willing to pay you hundred if not thousands just to give them advice on how to save time or effort or even just helping get something done.

Connected to someone who is going to help their business? Great, one phone call from you and they close their deal and you get the consulting fees of introducing business, it is that easy. Networking can pay off if you have a good relationship with many people and when you want to connect with people you will be able to spread this note out to others and get more things done for the whole industry!

For those with banking experiences you can consider SME Loan Broker Services.

3. Music Training

Parents sent you for music training when you are young? You have a diploma in it? Great, you are probably good enough to teach the next generation of people. This is a good business as a teacher because you can charge hundreds on ends and you will probably be needed for months or years to get them to a certain stage.

Use this training to build up wealth before you reinvest in other forms of business when you have the opportunity to.

Do note waste the money that your parents have paid to get your trained up in instruments, definitely something that most young people in their 20s can do and one of the best “Business ideas that you can start in your 20s”.

4. Sports Training

Parents sent you for sports training like swimming, tennis or golf?

This is a high value skill as well. The sports that the rich want to get in to but did not have a chance when they were younger because of poor background.

They will love to pay you good money to start working on this sports that will help them to meet other people who are into this sports, especially golf where you will be able to network.

Sports are a great way to work out and at the same time make money, if you are able to recruit a few good trainers and do good marketing to generate that extra income, you can gain a lot more from starting this Sports Training business when you are young.

5. Blogging

Blogging is a good way to have a side income. There are many bloggers with a good interest in something and they have ads that will keep them going for a full time role as a blogger. Blogging can be a very fun activity that everyone can take part in and when you have something that people will want to read about, you get something that is special for your own development and also wealth building.

This blogging interest can also translate into a YouTube channel that can bring you further into this journey of making money online.

Through the various ways of monetizing, the most popular being Google AdSense, you can write content that brings in lots of readership and therefore potential sponsorship through the AdSense network. The ads will be served based on how relevant they are to your site and also through re-targeting which many advertisement platforms function in this manner.

6. YouTubing

Youtubers are making millions from ad revenue nowadays and they have very interesting content that they can do for most people to be entertained. If you have something that you have interest in and you think that other people will be interested in it, you might have hit the jackpot of it.

There are quite a few popular YouTubers who have came up with very interesting content that others don’t and even some gamers have managed to take advantage of the advertisements from the streaming service to get some income and work on this roles full time.

Someone that i follow because i am a strategy gaming fan is GamerZakh, for people who have grown up playing the likes of Age of Empire or Caesar 3, this YouTuber have been replaying games and allowing those who miss this games or are restarting to learn about strategies they did not know.

Work on getting your video quality up to date and also work on giving good advice to people who may want to learn something online and this is a good avenue of making great wealth.

7. Website Design 

This is something that most young and technologically savvy person can pick up quite easily. The fact is that setting up a website is not that difficult but definitely time consuming.

If you were to want to take up website design and development, you could always start off with WordPress. This platform is easy to work with and also easy to pick up.

Someone without much skill sets with coding can also learn to design a simple website with WordPress or Wix.

WordPress is easy to change in terms of design and customization, the base design is usually already done up if you use a template and this comes relatively cheap at roughly $50 USD.

If you are not someone who is good at design or writing code, find yourself a freelancer or find yourself a business partner.

You can do the sale and design and get someone behind on the codes.

8. Instagram Influencer or Instagram Reposting

Instagram is one of the biggest social media platforms in the world with many of the world’s eye balls on it.

Facebook bought this platform over with the main goal of pushing more of its advertisements onto the Instagram Platform.

With the rise of Instagram, comes the rise of the social media influencer group.

Instagram is one of the best places to start as an influencer to make extra cash from sponsor post and also in helping each other get famous.

Influencers with a good and special niche may be able to make 5 to 6 digit incomes over the year.

If you are not someone who is savvy, you could also do a repost account and help those who wish to gain more followers grow their accounts.

9. Live Streaming on Facebook to sell products 

Live streaming has become a very popular way of selling certain products.

Electronics and fruits is one of the ways that Singaporean young entrepreneurs are taking advantage of in selling their items.

This is also a great way to reach out to more people in the online sphere.

Live streaming is also a free way to get more attention and eyeballs from new clients.

Using various methods such as free gifts for staying throughout the the whole live streaming and also to share your link, it can be a very effective way of selling online.

10. Mobile Application Development

Picking up mobile application development is not so clear cut, skills needed will definitely involve some coding since you will need to understand how certain functions work.

Mobile Application Design and Development is slightly more complicated than Website Design and Development but than again, there are people that you could work with closely.

Freelancers are cost saving to get things done but you should consider working with a Singapore Mobile Application Agency if you want to get it done out nicely.

Learning through many online platforms is another way of picking up Mobile Application Development skills.

This is a skill set that can be learn young and will be useful if you want to start your business young.

11. Wedding Planning

For someone in your 20s, you may not know much about getting married but you definitely can attend a few.

Usually for such work, you should work for someone for a couple of months to a year to pick up the contacts and also some of the tricks of the trade.

Coordinating a wedding is a very taxing thing and many people will rather outsource this parts so that they can focus on doing the happy bits which is to come and have it all well planned and executed by you.

Wedding planners can be quite a lucrative work and being a very personal thing, most wedding planners will end up being great friends with the bride.

Easy to set up and good and lucrative service line business to go into! Definitely one of the most accessible “business ideas that you can start young in your 20s”.

12. Baking

For those that are under lockdown, this is something that you can experiment with.

All you need is YouTube to pick up some baking skills and an oven.

The truth is you need to trial on error and keep going on to find out the best mix to find the best recipe for your baking journey.

Cookies or cakes are great starts. If it works out, start your chain!

13. E-commerce

Something that most young people can definitely get into is the e-commerce boom, the fact that there are platforms such as Amazon or own hosting on Shopify is one of the best ways for your to start your online business.

E-Commerce is one of the best way to kick off your entrepreneurship. Especially if you are someone who knows that people wants and know how to market them on the social media platforms.

You can come up with your own designs and get them printed and delivered to you or your customer doorsteps within a few weeks and you have your own business going!

E-Commerce takes a long time to grow, so you might want to consider this as one of your business ideas to start young.

14. Drop shipping

Not that much different from E-Commerce, dropshipping basically means you buy from one site to sell on another and making the margins, the difference is you do not need to have your own brand neither your own stock.

You do not need to spend money printing your logos but taking advantage of the difference in prices between your buying from a China based site such as Taobao or Aliexpress, then reselling it over to someone who bought from one of your pages you designed.

Most people sell practical household items and also fashion items so that they do not need to have a branding as long as the item looks good and is useful.

Drop shipping is very popular on platforms such as E-Bay and Amazon now with websites like Aliexpress supporting this form of E-Commerce trading.

15. Private Tuition

Singapore has one of the most established private tuition market and with the tough education system in Singapore, the market for this is huge.

For those who are great in their academics and also have a way in doing well in exams, you can set up shop to teach students the way around to get good results.

This can be quite a strong venture if you have a good branding and support from parents of previous students.

Word of mouth can be great marketing for you if you want to start this business young and in your 20s.

16. Photo Editing

There are many famous photographers in Singapore. But not many of them have the time to work on their photo editing.

If you are someone who is great with your photo editing skills, you could offer them service at a price.

Photo editing if you are experienced at it can be a half day thing to edit photos for a wedding or an event.

This is great income for a young person who might even be able to outsource a small portion of it to freelancers overseas!

17. Cleaning Services

Most people can do cleaning work. But not everyone can do a good cleaning job.

Cleaning can also mean not just you doing the work. You could activate some friends or hire some people to assist you in this job.

Your role is to ensure that work gets done. This is a great business to start off because if you are a someone who is organized and love to clean, it will be a great choice for you to start this business when you are still young.

18. Research Work

The fact is, when you are young, other than your studies, you have quite a bit of free time on hand. This means you can spend your time doing some other stuff that adults do not have the liberty to.

This includes free time to search the web for information that might be useful for someone who wants to hire you.

Research work online or going to the library to pull out information for someone who wants to hire you to do that can make you a great help.


If you eventually will like to incorporate your company in Singapore to take advantage of its location in South East Asia and also low tax structures, you can contact the team at K Cloud Accounting Pte Ltd that provides full suite accounting services for Singapore businesses and also full suite tax and corporate secretarial services.

As a Young Entrepreneur in Singapore, you will want to work something out when you are much younger so that you can have an easier time as you go forward.

We wish you all the best on your entrepreneurial journey and to great wealth and prosperity for all business owners who are working hard to improve their life.

K Cloud Accounting is keen to assist you in your business journey by assisting with your Singapore Accounting Services.

For companies who needs to acquire more loans for their business, we also work closely with Singapore Corporate Bank Loan Brokers. They are also the top commodity trade line consultant in Singapore. Get your Business Term Loan Singapore through them.

We also work with Home Loan Brokers Singapore and Mortgage Refinancing Experts in Singapore.

Thank you for reading our article on “business ideas that you can start young in your 20s”.

18 Business ideas that you can start young in your 20s

Cloud Accounting Services and why you should switch to them

Cloud Accounting Services and why you should switch to them – There are quite a number of cloud accounting services and software going around right now. The reason that Cloud services are starting to pick up in this market place of accounting services requirements is the fact that things are getting more and more complicated and to get things sorted out in a much faster and also simpler manner, the usage of information technology is important. The importance of running a business with cloud based services is one of the things that will make sure you will gain more traction with lesser time spend and therefore lesser resources in place for it.

Cloud Accounting Services is very popular in Singapore right now because of this. Not only for accounting services, there are many cloud options for other management services needs, such as cloud based payroll solutions, cloud based banking solutions and everything now is online so the fact that you want to do your accounting services online will make your business running a lot easier and a lot more interesting to work only.

Cloud Accounting Services in K Cloud Accounting Pte Ltd is through the usage of Xero Cloud Accounting Software that has some of the newest technological changes. So the craze about this whole cloud accounting services thing, what is it about and why you should consider working on switching to them

There are a few things that will definitely intrigue most business owners and we will like to share them so that you can learn from it and also learn to build up on it.

So what are some of the things that the cloud accounting services can do for you and what are some of the things that will help you to build up your business and become strong entity that will take off and become a much stronger business.

Cloud Accounting Services allows you to operate your business from anywhere in the world. The fact that you are running a business means that you will want to one day let it go so that there are people who will assist you in managing it so that you can focus on other things in hand. This is one thing that will definitely help you to achieve this world domination goal in years to come. The best thing is that you can be out of the office and monitor your accounting details.

The artificial intelligence within the software will also be able to help you with your bank reconciliation portion which will definitely save you a lot of time. This is also one of the most important innovations that have been one of the most time saving for most accountants who want to save time on getting information done up properly.

We are keen to work closely with businesses that are just starting up and are keen to work on delivering high quality work for their customers. The usage of cloud based technology to help you to become a better business person is now at your doorsteps. You can also become a good business person in time to come through improvements in your business needs.

Cloud Accounting Services and why you should switch to them

Accounting Services Singapore and the importance of it

Accounting Services Singapore and the importance of it – Accounting is as old as doing business itself. In the olden days, there are so many ways of trying to keep track of how much money is made and how much profits has been made. Even right before there was a way of computing. People will use beads or items to do the counting and make sure they make profits. When written languages and numbers were created, use of paper and writing materials were used to record on a daily basis how much silver or gold was made to make sure that the merchants know if this trade was a good one and worth their time to doing it again.

Accounting Services Singapore and the importance of it

Accounting Services started from that point. There are many people who started to specialize in such fields to work as stock takers or accountants to make sure the figures are done right and to compute the profits of the trades for their bosses who are engaged in merchant trade. The merchant class soon became a wealthy class of people with their regular buying and selling of goods and services.

Singapore is a big trading location. We are blessed with a great location that connects the east and the west and many people in Singapore who have started on business probably come from some roots of trading. Our port is great for such trades and this also makes Singapore one of the finest financial hubs in the world. With a great financial hub, the importance of running a company in Singapore and a good Accounting Services Singapore infrasturcture is important.

This makes for an important accounting firm singapore system that the government needs to set up so that it could handle the flow of business traffic from around the world that wants to take advantage of the ease of doing business here and also at the same time the low taxes it could afford to the local business owners. When you are doing trading in this region , you need to know that keeping a good set of accounts is important because Singapore is reputable for the fact that they are able to make sure accounting work is done right and well and to keep the integrity of it being a financial hub that is not taken advantage of.

There are many things that can be done when you are doing business in Singapore but trying to use it to finance terrorism and money laundering is what the government wants to avoid.

Accounting services providers therefore are very strict to their customers to get the work done properly so that if there is a chance of the accounts getting picked up for random audits by the government. There are ways to work with them to make sure all the transactions are done with good information clearance.


K Cloud Accounting is a Xero Accounting firm provider of Accounting Services in Singapore that does full management of your government requirements. Corporate Secretarial services with the providing of nominee secretary and maintenance of your files. End of year un-audited financial report compilation. Tax computation and submission services. Annual General Meeting and annual return submission.

We are keen to work closely with your startup to provide high quality services for your needs. Call our business development manager now!