E-commerce Business – Your 7 Step Quick-Start Guide

With rising business costs and the continual advancement of technology, there has never been a better time for businesses to take their operations online. Starting or converting to an e-commerce structure provides several benefits, ranging from reduced overhead to improved operational efficiency.  However, starting an e-commerce venture is complicated and goes beyond just owning a web domain, requiring a robust business plan, both monetary and non-monetary investments, and a significant effort to establish.  Worry not, InCorp Global is here to assist you. If you haven’t already, head over to our blogs and read our 3 part series on starting an e-commerce business in Singapore. Part 1, part 2, and part 3 can be found at the aforementioned links. To jumpstart your e-commerce business, InCorp is ready to assist you by guiding you on a 7 step plan as summarised below:

1. Research your Market
2. Create your Business Plan
3. Secure your funding
4. Incorporate your company
5. Manage your Bookkeeping and Accounting
6. Build your Digital Presence
7. Prepare for Taxation

Our handy infographic below serves as a quick-start guide and roadmap on your journey to incorporating an e-commerce business in Singapore!

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