Startup Consultancy Singapore
Start-up companies major concerns:
The major concern for the start-up companies is how to market the product or services which they have built. There are some common reasons regarding the digital marketing, digital services and start-up failure.
Why Start-Up Fails
Opening your own business really takes more patience, hard work, and a little entrepreneurial spirit. A lot of investment, and the risk of opening your own business and being the boss. As CEO, you are responsible for all business operations. Start-up is used to see the whole picture at once. Since you have full control, if it fails it’s entirely the product of your efforts. However, if you ask the President of a large company, you will discover that only a few executives actually succeeded in the early stages of their startup or launch.
There are some key factors, regardless of the type of business, are the reason why startup fails. We counted four of these reasons and in every reason, we’re going back to the analysis to see how good a website and mobile app in Singapore can help these startup companies.
1 Lack of experience and professional planning:
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Lack of experience is one of the most common reasons why many new startup businesses fail. This is often the result of inadequate planning before the creation of the company and refers to the experience in a feature of the business, finance and taxation, social media marketing and advertising, and the specifics of the business. Most of them do not have a professional plan. The business plan is a central place to start when you have your startup – and many people do not have time, they do not realize the importance of them, or maybe just not bothered, and they fail at last. Opus Software offer professional business planning with digital marketing, digital services, investment plan, revenue structure, Website development, mobile app development, search engine optimization, on-page and off page SEO, social media optimization, local SEO, GTM strategy, branding and product launch. Having a website or a mobile app: It is a great way to get your feet wet before jumping deep in the operations. Although you cannot completely out sale or function as a running business with just a website or mobile app, both will enable you to start slowly and measure the level of comfort. We usually structure apps of our customers to integrate tools at the rear end which allows automatic billing, tax treatment, and media marketing, etc. These tools can do a lot of business owners both new and old a good benefit. Web pages and mobile app contents can be changed quickly, fast and change in real time. |
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2 UndercapitalizedA Fatal error for many companies starting up was that there are not enough operating funds. Business owners often have unrealistic expectations of incoming revenues and the amount of money needed to run the business. Lack of capital can lead to failed startup. A business with a website and mobile app will always be careful and start slow. To avoid getting in too deep and too fast zone, a developed websites may be the more modest way to begin to do your business, as already stated in the 1st point. The website also allows you to try new products or develop the former, without the need for overhead and capital costs. Thereby saving you more cost than the later. |
3 Location & NicheThe location is vital to the success of your business. A poor business niche customers is an important reason to why startup fail prematurely. Your location and niche should be specific. Website and mobile app know no geographical limitation. It helps you go deeper into any desired area or location by applying some online marketing strategies. Place the virtual shop online for a wide geographic range of traffic. The website at the regional market-opening. Right, keywords expand its reach exponentially, (SEO). The website and mobile app gives you the opportunity to everyone in one place and expands its customers. You can be exposed to the local market, as well as national public and international markets, there is no limit. Your website and mobile app can easily accommodate a variety of geographical locations, with their language, currency, taxes, etc. |
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4 CompetitionWhen selecting business forms and niche, it is important to analyze the need for this selected business in their community. Make sure your company is unique in some way in relation to its competitors. If not, you are guaranteed to failure in your first startup. Investing in the development of the website and mobile app is one of the best, most profitable to outperform your competitors. In other words, you not having a website or mobile app is the best way to get out of the race before the race even began. About 45 million business are being searched for online per day, you are missing in action, if you do not have a website and your competitor will be the one that is in place. The domestic market also can be obtained only mentioning your website in local advertising. You can take advantage of digital marketing and digital services as a website owner to expand your reach and meet with potential buyers. |
Once your website and mobile app are up, use branding tools, newsletters and many other features that consumers feel good about yourself and your services. This will help you better than your competitors. Your website will also help you stay ahead of the trends, be true to your audience, and much more in the fight against your competitors.
Simply put, the main cause of startup fails is not having a professional plan and you need a well-developed website and mobile app.
If you are looking for app development in Singapore, please feel free to contact us for a free consultation. Check out on our experienced experts for your start-up consultancy, professional services, web & mobile app development, digital services, digital marketing strategy for your business in Singapore. Opus Software Solutions Pte Ltd.
Contact Us
Address
Opus Software Solutions Pte. Ltd.
50 Chin Swee Road, #09-04, Thong Chai Building, Singapore -169874
Phone
+65 64926783
Fax
+65 6516 0824
sales@opusgroup.com.sg
Skype
opussoftware9
