Are you starting a new business? We have a few important startup tips that will help guide you on your way to entrepreneurial success! Primasia is the leading professional provider of corporate services in Southeast Asia, and has been for over 30 years. During that time we’ve worked with thousands of overseas and local clients, including entrepreneurs, consultancies, manufacturers, trading firms, and start-ups, helping them to set up companies successfully in Hong Kong, Singapore, and China. This means we’ve seen what works successfully in the local business world… and what doesn’t work.
What will make your company a success? What decisions make or break a new startup? Yes, you’ll need to follow a checklist to legally establish your business and make sure you’re following all the local tax laws and other procedures, but checking off a “to-do” list won’t make you successful. You need to be motivated about your new venture, the ability to invest time and passion- and the right expectations.
- Choose the right business for you, the key to success is to find needs that you can fill, want to fill, and that will produce enough income to build a profitable company.
- Know yourself. Seriously think about your true motivation level, what you are willing to do to become successful, how much time and money you have for your new venture. Plan your business goals around your resources and goals.
- Research your competitors, check out their social media and local stores- learn as much about them as possible. Learn from them, and study their customers as well- these are likely to be your target customers as well! This is something you should do on an ongoing basis as well.
- Embrace digital marketing! Every business, no matter how small, needs to have a strong online presence these days- even customers that buy mostly in stores are researching online before purchasing. You will need, at minimum, a professional website and a social media presence. This is where your competitor research can start coming in handy- what social media platforms are they most focused on? Start there.
Primasia Corporate Services is here to assist your start-up with everything you need- from Company Incorporation in Hong Kong and/or China, to assisting with all trade and banking documents, tax compliance, employee visas, payroll and more. When you are ready to set up your e-commerce business in Hong Kong and/or China, contact Primasia to get started- email us at info@primasia.hk or call 2882 2088 today!
Connect with Primasia Corporate Services Limited
Hong Kong Headquarters: Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong
Website: https://www.primasia.hk/
Credit: Prosperity Research Digital Agency(PRDA): PRDA's Founder Douglas White developer of proven 5 step, 4 KPIs process of Social Media Marketing.
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