How Important Is a Business Broker to Buyers and Sellers?

Establishments and companies change ownership at some point. As such, the services of business brokers prove to be highly valuable for both the seller and the buyer. An aspiring entrepreneur needs to evaluate a target business establishment, and this is where a professional business broker can offer valuable assistance. The seller also will find it rewarding to seek the assistance of a business for sale broker for the advertising and the negotiation facilitation with prospect buyers.  

Business Broker Services in Singapore

Benefits of Hiring Business Brokers

Selling a business can be a demanding and tiresome process. This can take up a lot of time and can even affect the value of the business, as you spend more time on its sale process rather than on the daily operations of the business. This is where the services of business brokers come in handy.

First off, a professional broker can give you confidentiality, and can assure you that only the prospective buyers you approve will be contacted. A trustworthy and experienced broker can save you time in screening prospective buyers in advance. Brokers can already check if a prospect buyer has good financial resources to buy your business. They will also ask buyers to sign a confidentiality and non-disclosure contracts. If you attempt to sell your business openly or independently, you would most likely damage your staff’s morale. You would also give your competitors the opportunity to spread damaging rumors about you and steal your valued customers. When you hire a business for sale broker, he can work anonymously, ensuring the protection of your business.

Moreover, selling your business all by yourself can be inefficient, especially if you lack the experience. A business broker generally has more experience, resources, and tools to effectively reach potential buyers faster and easier. However, reaching target buyers is just one part of a broker’s job; getting the best price for your business is his other important job. A professional broker should have the capacity to advertise your company in such a way that it can attract serious and financially stable buyers. This would definitely increase your benefits and advantages in selling your business.

Finally, business brokers can name the value of your business. This process involves more than just revenue or profit, thus, you may undervalue or overvalue your company, and these mistakes bear indicative consequences. For an experienced business broker, there is a rare chance to commit such mistakes.

From a business buyer’s perspective, a business for sale broker brings a lot of advantages as well. If you are a buyer and asked the assistance of a broker, you will be able to have access to opportunities that you won’t likely find on your own. If you do not have enough knowledge regarding the industry you chose, you can get helpful advice and useful insights from a good business broker. Your broker can also facilitate other essential tasks such as researching recent market conditions, current prices, and reasonable financing.

Trusting only Certified Business Brokers

With the increasing number of sale brokers out there, you may face challenges identifying which ones are trustworthy and which ones are bogus. To resolve this dilemma, all you need to do is check their certifications and experiences. The main organization that provides business broker certification opportunities is the International Association of Business Brokers (IBBA). A certified business broker should have at least one of these designations:

– Accredited in Business Valuation (ABV)

– Certified Business Appraiser (CBA)

– Accredited Senior Appraiser in Business Valuation (ASA-BV)

– Certified Valuation Analyst (CVA)

Although a certification may be a good sign that a business broker is legitimate and trustworthy, it does not fully guarantee his competence in the field. The broker’s practical experience is also an important aspect to consider in choosing which one to trust. Do some research or ask around for the number of transactions that your prospect broker has successfully closed, as well as some positive feedback regarding his experience in the industry. An insightful business broker can benefit a lot from his or her experiences, such as building significant relationships within the industry and learning from past mistakes. Certification cannot match such benefits and advantages.

While certification is a vital requirement in establishing a broker’s credibility, you should always take into account the experience of a business for sale broker before making a decision. Choose one who has the knowledge and experience that you will not get anywhere else. Don’t you agree that the role and importance of business brokers is essential to both business sellers and buyers?


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What Is an Offshore Company and Why I Need One?

Why an offshore company?

The term offshore is confusing to many, and is often attended by negative connotations. In truth, it is the cheapest insurance available today.


Throughout your life and career, you cannot be assured that no professional or personal litigation will affect the course of events. To paraphrase the Irish blessing: the wind may not always be at your back.

An offshore account is the best insurance one can have in order to avoid possible problems. It is the best insurance policy to secure assets and bypass many potential pitfalls.

Another, no lesser reason, is the simplicity with which such a company can be operated. As a businessman you may have though of this during your last tax return. You would love to dispense with accounting and other bureaucratic requirements and devote your time to what you do best, selling!

This venture will cost you less than a bookkeeper.

You have decided, you need an offshore company, and you want to know what an offshore company is.

You need to talk to a real expert in offshore!

Many large multinational corporations optimize their taxes through offshore companies and subsidiaries. Among them Renault-Nissan, Office Depot, Apple, Microsoft, Skype…

You are probably asking yourself,

Why not me?

Why not optimize your income like the very wealthy and multi-national companies?

Which jurisdiction should I choose for my company?

The most important factor in choosing a jurisdiction is to be sure that your company will be incorporated in a country that has:

1) reliable means of communication

2) political and economical stability

3) good reputation

4) sophisticated corporate laws

The right choice of jurisdiction also depends on where you live and on the business you conduct.

Who should use an offshore company?

An offshore company may be of interest to a great number of people and it may be used for various activities:


Creating an offshore company allows you to begin an activity without having to deal with the set-up of a complicated infrastructure. An offshore company allows you to benefit from fiscal advantages and ease of administration.

Commerce over the Internet (E-Commerce):

Internet traders can use an offshore company to maintain a domain name and to manage internet sites. An offshore company might be ideal for people whose business is on the internet. You might choose to incorporate the registered office of your company in an offshore jurisdiction to take advantage of the various benefits offered by these jurisdictions.

Consultants / Counselors:

You can also carry on your consultancy or counseling business through an offshore company. You will find it easier to manage your company and will have reduced or even zero taxation depending on the jurisdiction in question.

International business:

International commerce can be carried out through an offshore company. It will handle purchases and sales operations, taking advantage of the fact that its profit will not be taxed, or only at a low level, depending on the jurisdiction. This type of use is particularly interesting where goods from one country are sold in another country while you yourself are based in a third country.

Holding intellectual property rights:

Any kind of intellectual property right (a patent or trade mark) may be registered in the name of an offshore company. The company may also buy or sell this type of rights. It may also grant rights of use to third parties against payments which will be considered as revenues and will thus benefit from the low level or zero taxation of the jurisdiction in which it is registered.

For the custody of Assets:

Offshore companies are used to hold both movable property (such as yachts) and immovable property (e.g. houses and buildings). In addition to confidentiality, the benefits and advantages they offer include exemption from certain types of taxes (e.g. inheritance tax). It should be noted, however, that some countries do not allow the acquisition of movable/immovable property through offshore structures and therefore those wishing to form an offshore structure are advised to check with a competent authority before proceeding.

For inheritance purposes:

An offshore firm that always stays afloat (provided all costs associated with running it are paid) may, in some countries, be used as a means of avoiding inheritance tax laws. With a view to optimizing inheritance tax liability, the offshore structure may also be combined with a trust or a foundation.


Dryer Vent Fire Safety Tips That You Must Know About

The main purpose of the dryer vent is to dry your clothes within the set time period. When the dryer operates, lint is produced in this process and all of it is not trapped by the lint trap. If the lint is above the safety mark then it is very essential for you to get you dryer cleaned. If your dryer exhaust is not properly maintained, cleaned or secured then this can cause dryer fires. The metal dryer discharge should be connected to the exterior of the house with the help of pipe. The discharge pipe of the dryer would never is clogged as this is also a major reason due to which fires are caused.

So, now let us discuss some dryer vent fire safety tips that would surely be very helpful for you.

1. How to know that the dryer vent cleaning?

There are various signs through which you can recognize that your dryer needs to be cleaned. Some of the main points are mentioned below.

• If clothes are taking too much time to dry or if they are very hot when they come out of the vent then it is sure sign that you must get your vent cleaned.

• Sometimes the clothes smell musty after drying this is also a sign that you must clean the vent.

• Sometimes the duct of the vent gets very hot due to which the machine stops during the dryer cycle. You must immediately get your vent cleaned if this is happening to your machine.

• If too much lint is being discharged from the end of the dryer then you must take preventive steps immediately.

2. Advantages of getting the dryer vent cleaned

There are various advantages of getting the dryer cleaned on a regular basis. Some of the most important ones are mentioned below.

• Cleaning and proper maintenance would surely help in reducing the time your laundry takes to dry.

• Proper cleaning would also ensure that you do not have to change and get the dryer parts repaired.

• The quality of dried clothes would also be greatly improved with the help of the dryer.

• You would also save money on electricity bills and it would help in preventing fires.

Well these are the various advantages of getting the dryer vent cleaned on a regular basis.


Finding the Right Online Poker Gambling Site for You

You will hear varying opinions of which websites have the best online poker gambling. The reason is that everyone looks for something different in their gambling experience. They also have different skill sets when it comes to playing poker. If you are a newbie to online poker gambling, chances are that you will not want to visit a website that your poker champion buddy visits. You will want to start off slow and essentially get your feet wet. Learning the ropes on online poker gambling makes sense.

One of the important parts of what makes the online poker gambling website right for you is if you understand the layout of the site and if you can find everything easily. Whether you want to read over an article about Texas Hold’em tips or look for free game rooms, the online poker gambling site should be easy to navigate.

If you should require assistance with downloading the poker software or gaining entrance into an online poker gambling room, is there adequate customer service help? It might be in the form of a toll-free number or instant messaging or even email. Think about your options too. With an online poker gambling site, you would probably want a choice of games to choose from as well as the opportunity to play in a few tournaments if you so desired. You would also want access to poker rooms of varying skills levels as your own poker prowess improves.

There are a number of other things to think about in regards to finding the right online poker gambling site for you. However, if you are fairly new to the internet poker, then the points described above should get you started in finding the online poker gambling site that best suits your needs.

Professional SEO. He helps a number of online gambling sites like:


The Truth About Passive Income

If you search the internet for “passive income”, you may find a definition or two, but mostly, what you find are websites trying to sell you on the passive-income-flavor-of-the-day. It’s frustrating, I know. I don’t know about you, but before I jump into any opportunity or even before I take a trip, I like to do my research. That being said, there are a lot of good opportunities out there. But before you start spending money, let’s discuss what passive income is and, most importantly, what it isn’t. 

passive income

Webster’s dictionary defines passive income as “of, relating to, or being business activity in which the investor does not have immediate control over income”. I don’t think that tells the whole story. Passive income is money that you receive over and over again without having to do much work (notice I didn’t say “any work”). It is different than earned income in that you are not receiving money for your time (like you would a job). But depending on the passive income stream that you choose, you may in fact have immediate control over your income. But I’ll get to that later.

Why would you want passive income? Well, like Robert Kiyosaki explains in his book Rich Dad Poor Dad, that is the main difference between the rich and the middle class. The rich invest their money in various passive income streams. When their passive income exceeds their expenses, then they are financially free. “Financially free” simply means that you do not have to have a day job to pay your expenses. And you are “free” to then do whatever you want!

What Passive Income Isn’t

Before I go into telling you what passive income is, let me first tell you want it isn’t. Passive income is not the same thing as “residual income”. Residual income is money that you receive on a regular basis after having done work once. The best example would be TV sitcoms. Some actors get “residuals”. Actors get paid for filming the show. Afterwards, some actors get paid each time the show repeats. Sales people that sell services, subscriptions, or renewable products (like insurance) sell that item once and, providing the customer renews, will get a commission off of each renewal. Royalties from the sale of books and music are also residual.

Many say that multi-level-marketing or network marketing sales provide you with passive income. Guess what? That’s residual too.
If you have a small business or are self-employed, even if you are making a lot of money, this is NOT passive income. If you receive a salary from your business, that is earned income. There is a way to turn this into passive income, however – so stay tuned.

You know, I have to say that starting your own website cannot be passive income. Whether you are selling a product (such as an eBook, seminar or other information) or a service, you still have to market your website. You will have to do this regardless of whether you are selling your OWN products or have the rights to sell other’s products. Marketing your website is work, simple as that. But it’s not a job. And once your marketing efforts start taking off, you can make a lot of money with little additional effort. But that is residual in my book, not passive.

What Passive Income IS

Passive income is a lot of things. The first thing that comes to mind, and also, I believe, the most popular example is real estate. If you own investment property and are getting a positive cash flow from a house, commercial property, or apartment, that is passive income. If you rent rooms in your house, that’s passive income too. You only have to set this up once, and then the income comes in month after month. Interest income from savings accounts, CDs, and money-market accounts are passive – the bank pays you for keeping your money in those accounts. If you have a website with banner ads or Google AdSense ads, that can be called passive as well.

If you invest in any business, but don’t manage it, your profits are considered passive income, exactly what Webster was thinking about when he wrote the definition.

What about business? Well, that depends on how you set it up. Rich people create businesses and set up a system that the business follows. That way, if the owner goes on vacation for a month to Fiji, the employees follow the system and the owner still gets the profits. Any business will of course start out with a lot of work, but if you take the time to set up a business so that it gets reproducible results (exactly like a franchise), those profits become passive. And, according to the IRS, any salary you get from your business is considered “earned” but profits are considered “passive”. It is vital when starting a business to check with an accountant and an attorney to set up your business that financially benefits you the best.

What else can be considered passive income? How about self-storage facilities, parking garages/lots and dry cleaners! They all require some time to start up, but once they are set up, you collect money over and over again.

Residual vs Passive Income

Residual and passive income are like siblings. They are both very similar and most people really consider them synonyms. What does it matter, anyway? They are both excellent ways to get money in your hands month after month after month without trading your time or your freedom. How can it get better than that?

Reality Check

Beware of anyone that tells you that there is NO work involved in passive income. Passive income does not mean no work! If you are going to invest in a business, a stock, or a real estate property, you will have to do your research (this is called “due diligence”). Research is work! You will also be required to manage your investments, to check up on their progress and make changes as necessary. That’s work too!

The good news is that research and management is only a part-time endeavor. And most of the time, that work can be done from almost anywhere, including on a beach in Fiji.

Let us not forget the FUN factor. I’m sure there are some of you reading this who like, even love their jobs (if you still have one). Some of you have your own business – and congrats to you! But most of us are in jobs just because we need to feed our families and pay the bills. Looking into passive income streams and investing your time and money can bring you many, many returns. Researching for and implementing your passive income plans so that you can live your dreams is FUN. Getting money every month, week, or even every day is FUN. And trying out new strategies and managing your money – when you have some to manage – is FUN.

I hope I’ve done my job and given you the passive income basics. If you have any questions or thoughts, feel free to contact me through my website. I’d love to hear from you!

A. Annika Smith is the of “Room 4 Rent: How To Turn Your Extra Rooms Into Extra Money!” [, the only real estate book of it’s kind. She helps others quickly earn passive income by renting out rooms with little money to start so that they can save their home or realize their dreams


Singapore Branch Office – An Overview

Foreign companies that want to have a business presence in Singapore can setup a Singapore branch office that is treated as an extension of its parent company. With this arrangement, the head office has a direct liability for all the activities. 

Official Site

This business formation is considered as a non-resident entity which means that it is not eligible for any tax benefits and exemptions which are typically enjoyed by local companies in Singapore.

In terms of taxation benefits, this business arrangement is generally not appealing. However, it is important to note that only the sales and revenues of the branch office will be covered by taxes and not the parent company’s.

According to the Accounting and Corporate Regulatory Authority (ACRA), the name of a branch office should be the same as its parent company unless if the business name is already existing in Singapore.

Under the Singapore Companies Act, a foreign company is required to appoint at least two local residents who will act as a director to oversee the activities of the branch office. Meanwhile, there is no requirement on the number of foreign or local staff who will be employed by a branch office.

In addition, this Act allows a branch office to perform any business activities as long as these are in line with the parent company’s goals and nature of business, and are considered legal in Singapore.

One downside of a branch office is that even the parent company is required to submit its audited accounts every fiscal year, an arrangement that most foreign entrepreneurs are not comfortable with.

It is important to note that ACRA does not allow foreign individuals and business entities to self-register their own companies. With this consideration, it is important for foreigners to hire a professional firm that can assist them in the registration processes.

The processing for branch office registration generally takes one to two days. This can take place even without the presence of the foreign entrepreneurs or their employee-representatives (since their hired professional firm will act on their behalf).

Meanwhile, ACRA will send an email notification if the branch and its name has been approved. There is no hard copy provided unless a foreign company will request for this during the post registration process.

In Singapore, email notifications are sufficient for most business transactions such as the signing of office lease agreement and bank account opening.


Singapore Business Registration: How to Set Up a Ltd Company

There is no better country to establish a business or corporation, than the top global Asian country in the world. Singapore has always maintained a strong trading reputation because of its welcoming tax laws and their favorable intellectual property laws. The majority of Singapore businesses are recognized and registered as private limited companies. 

company registration singapore

Setting up a private limited company is the type of business which is highly favored and is the top most common type of structured tax entity. Foreign and local entrepreneurs over 18 years of age, can start and register a company in Singapore. There are regulatory and legal requirements that business owners must secure through a professional firm to submit on their behalf to properly begin operating in Singapore.

A professional Singapore registration company is the only type of assigned firm that can register or incorporate a company in Singapore. The business registration and corporate Singapore laws state that local or foreign individuals can not register their own company or business. Entrepreneurs can both operate a company while residing outside of the county or they can operate a company while residing in Singapore. Either choice still requires a permanent, physical Singapore address, but no P.O. Box numbers, which is where a licensed registration company can work on a business owner’s behalf.

The main Singapore registration agency that a new company must register through is The Accounting and Corporate Regulatory Authority (“ACRA”). The ACRA requires that Ltd company must have a specific paid up capital to register. Other licenses, immigration or visas, employment passes and other regulatory documents must also be obtained through a registration company. Starting a business in Singapore will require professional information, such as:

– a registered rubber stamp
– an established Singapore bank account
– a registered company seal
– share certificates for shareholders, which must also include a shareholder’s allocation.

To set up a Singapore Ltd Company, the following steps are required:

1. Establish an approved name for the company. Quick tips for a successful approval is a name that is not obscene, is not similar to an existing Singapore company name, is not already reserved and does not have any trademark infringements.

2. When the company name has been approved, then the Certificate of Incorporation process takes place. A registration fee is required. Filing documents include various forms that require a Memorandum and Articles of Association (“MAA”) which outlines the company’s by-laws, structure and business activities. A Certificate of Identity, a Declaration of Compliance, office registered hours and the Director’s and top staff identities are additional information to be filed. Whatever registration firm that is chosen to represent a new business owner, will supply the necessary incorporating forms needed.

Additional requirements for a Singapore business registration in setting up a Ltd company entreats a private limited company from 1 or up to 50 corporate or individual shareholders. Shareholders can be a Singaporean or a foreigner, a director must be a Singapore resident or a foreign employment pass holder and a secretary must also be a Singaporean.


The Importance of Teaching Your Children Fire Safety

Fire is very important in our life. It seems like everyday we need fire. Nevertheless, fire can be dangerous that you have to be careful. It will be more serious when it deals with kids. To teach your children fire safety as early as possible is very important to minimize the risk. Thus we want to help you with this article on how to teach your children fire safety.

At the very beginning, your children should understand that fire is extremely dangerous. Make sure that the sentence is stuck on their mind that they will always remember it. If your children are too young that they cannot understand the warning, then you had better always supervise their activities. Keep away all fire sources from your little children for best preventive acts.

If your children have ability to read, you can cultivate this idea by creating an easy-to-remember memo, for example a poster. It is better that you ask them to involve themselves in creating the poster that they can more easily remember the sentences they make. Use some simple ideas like the following:
1. Don’t play with candles, matches, or any other fire sources.
2. If you use candles, tell them that they must not leave out the candles whenever they are going to bed or leaving the house.
3. Be careful while using gas stove (for children at school age).
4. Keep anything flammable away from fire sources and electricity.
5. Tell them to be careful when they plug some devices to electricity socket.
Put the poster on the wall, or on the back of the door of their bedroom.

Also, you had better install smoke detectors in your house and tell your children not to play with them. Check the batteries to keep the detectors to work well. The next thing you can do is to teach your children fire safety. If they catch on fire, tell them that they should stop running to drop their body, and roll onto the ground.

If the house is on fire, tell them to get out of the house as fast as they can. Make sure they understand that life is everything and first priority. It is important to warn your children not to take anything valuable, or anything they love, with them when the house catches on fire. For example, you can say, “If you lost your Barbie, Mom and Dad can buy another one for you. But remember, life can’t be replaced that you have to save your live no matter what happens”. Those are tips to teach your children fire safety. We hope it will be useful for you.

Speaking on teaching little children, Alvina Prescott would love to share some information on tools that you probably need in other teaching activities.

The Increasing Popularity of Cosmetic Dentistry

The cosmetic dentistry industry has experienced a tremendous boom in the last few decades, due to a number of different seasons. Cosmetic dentistry involves treatment to improve the appearance of teeth and gums. Unlike regular dentistry, cosmetic dentistry may not be necessarily done for health reasons but instead to improve personal image and style. Teeth cleaning is regarded as general dentistry because it is necessary to keep teeth clean in order to prevent them from decaying. Teeth whitening however is categorized as cosmetic dentistry as it is not necessary to have white teeth. Changing the color of the teeth will not make any difference on their performance

More than ever before, people are conscious about their appearance and how they feel when they look good. With time, people have also started to experiment with their looks and they are not shy in trying new products to help them feel and look better. In the same way, lots of people have also shown interest in facial surgery in order to enhance their appearance. Dentistry has not been left aside either and more and more people are now visiting a cosmetic dentist in order to get great looking teeth through quick cosmetic methods.

Over the years, cosmetic dental procedures have become less and less invasive, a factor that has contributed significantly to the increased popularity. Most cosmetic dental procedures are now painless and provide impressive results. Whether a person is looking to create a brighter smile or fix a more serious problem, cosmetic dental work is no longer seen as a risky or painful treatment option. Cosmetic procedures are admittedly expensive but the results are long-lasting and once the treatment is finished, you can expect the results attained to last for many years to come.

Another factor that has helped cosmetic dentistry gain popularity is the ‘celebrity effect.’ With famous stars openly acknowledging (and sometimes even advertising) cosmetic dental procedures, it has become more desirable to achieve a similar look. Television shows, such as those with makeovers, also reinforce the desirability of cosmetic dental work. Over time, this has made the idea of cosmetic dental procedures more acceptable and wished for by a larger majority.

Cosmetic dentistry is now established in the industry and is very popular among people of all age groups. With today’s improved technology, getting great looking teeth is possible within a short span of time, sometimes in as little as an hour. Most dentists offer some kind of cosmetic procedures, even if cosmetic dentistry is not a specialty. With cosmetic dentistry being more accessible, pain-free and accepted than ever before, it is clear why the procedures are now so popular.


The Importance of Using Professional House Painters

Some home improvement jobs are easy for home owners to tackle, but others need to be done by professionals. Otherwise, you risk making a mess, unsafe installations, and even destroying your home!

Don’t take that risk! Use professionals when you’re ready for your next home improvement project. Commercial painters use the best, high-tech painting equipment which produces a superior finish so your house gets a beautiful paint job. The difference between a professional job and an amateur one is usually easy to see.

With painting, it frequently has to do with inadequate surface preparation making bubbles or improper technique, leading to streaking or stripes. Some of these differences between professional and DIY jobs have to do with equipment; your average homeowner simply doesn’t have the high-quality tools used by commercial painters and contractors. However, the differences can also stem from experience; as a part-time home-improver, you simply can’t beat the training and experience of a full-time professional. So why spend hours trying to get results you can’t possibly achieve!

It is also important to note, that while the defects listed above may only seem cosmetic, they can cause serious problems: the paint is there to protect as well as beautify your home, if it isn’t properly applied the paint will flake off and chip, exposing your house to the elements. Once the wood is exposed, it will begin to weather and deteriorate; frequently, even allowing moisture into your home. Dry rot and mold then result. It may seem easier to do it yourself, but in the end, the price you pay isn’t worth it–not when you’re risking your home and your family’s health.

At first glance, it may seem like you can handle painting your house yourself, but to do the job right you really need professionals. Their tools and experience guarantee a job done right, the first time.  

Randymars Painting and Contractors is a group of talented professionals committed to quality workmanship and customer service. We take pride in our work, so whether we’re painting a house, tiling a bathroom, or pressure washing your walkways, we’ll always do it right the first time.