Despite being a poplar tourist destination, Singapore also offers foreigners an extremely business-friendly environment and has been noted as among the best-value city for foreign businesses. It offers investors everything that is conducive to starting and running a new business such as a strong forex market, free market economy, financial stability, robust legal and regulatory framework, advanced and efficient infrastructure, a corruption-free system, strategic geographical advantages and skilled manpower which are easily available – making it a very attractive investment hub.
In view of this, many globally-renowned IT firms have since already set up businesses in Singapore owing to the growing potential and skilled labour available in this arena. However, before embarking on setting up your business, it would be best to research and analyse your market to determine what IT services are available in your community. Doing this, you will then have to draft a business plan where you must include information about your credentials, experience and how your services will fill a need in the market.
There are numerous resources available in Singapore where prospective business owners can source for businesses which are up for sale, including IT businesses for sale. One such prominent website is www.easybuysellbusiness.com where numerous business owners advertise their businesses for sale. It would be best to seek the guidance and assistance of professionals before embarking on your quest to become a successful IT business owner in Singapore.