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The road to EP is hard and tough =(

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garnet
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The road to EP is hard and tough =(

Postby garnet » Tue, 22 Aug 2006 9:40 pm

I'm a foreigner and just graduated from a uni. I'm planning to start a small business in Singapore, a small eatery selling my hometown delicacies.

In order to register my business with ACRA, I have to apply for EP. Now MOM told me that I have to submit a "business plan" include my business idea, marketing plan, financial projection etc before they can approve my application.

I mean, I'm just opening a small eatry. And I'm from science stream. There's no way I can write a plan like that. What if MOM find my plan lousy and decline my application?

So is there anyone out there who can help me solve my problem, one way or another?

Thanks a lot.

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Strong Eagle
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Postby Strong Eagle » Tue, 22 Aug 2006 10:00 pm

No, the road is not hard and tough... it is really simple. If you have thought out your business at all you already know who your competition is, how much you will make, etc.

If you haven't thought this out, you are a fool to go into business.

MOM is very reasonable but they do demand that if you want to open a business you ought to be able to predict how it will do.

Is that so hard?

experienced
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Re: The road to EP is hard and tough =(

Postby experienced » Fri, 01 Sep 2006 1:56 am

garnet wrote:
So is there anyone out there who can help me solve my problem, one way or another?

Thanks a lot.

i think, i can solve your problem, because i have done it before for myself
ba456@hotmail.com

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riversandlakes
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Re: The road to EP is hard and tough =(

Postby riversandlakes » Fri, 01 Sep 2006 7:52 pm

Then write a small one?

garnet wrote:I mean, I'm just opening a small eatry. And I'm from science stream. There's no way I can write a plan like that. What if MOM find my plan lousy and decline my application?
Goatboy will always cherish his former goatgirl.
But the world is full of fluffier ones.

mitlan
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Postby mitlan » Fri, 01 Sep 2006 8:10 pm

i might be able to help you on this. maybe u can email me at edwin1451@gmail.com and we can see how to go about doing this.

satish
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Postby satish » Thu, 14 Sep 2006 8:34 pm

It all depend on what are your qualification and the way you have submited your business plan, which can break you if not done correctly. If you still have a problem, call me at 98502083 and i can guide you how and where you possible have gone wrong


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