Find The 0+ Best Local Businesses Singapore (2024)

1. What are some popular local businesses in Singapore?

Singapore offers a wide range of popular local businesses catering to various interests and needs. These include:

• Hawker Centers: Hawker centers are iconic in Singapore, offering delicious local street food at affordable prices.
• Retail Shops at Haji Lane: Haji Lane is famous for its unique boutiques and trendy clothing stores.
• Mustafa Centre: Mustafa Centre is a popular 24-hour shopping mall known for its wide selection of products at competitive prices.
• Orchard Road Shopping Malls: Orchard Road is renowned for its numerous shopping malls, housing international brands and luxury boutiques.
• Marina Bay Sands: This integrated resort is home to a luxurious hotel, high-end shopping outlets, fine dining restaurants, and an iconic rooftop infinity pool.

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2. How can I support local businesses in Singapore?

Supporting local businesses in Singapore is crucial for the economy and community. Here are a few ways to show your support:

• Shop local: Choose local stores and businesses over multinational corporations whenever possible.
• Spread the word: Share your positive experiences with local businesses through social media, reviews, or word-of-mouth recommendations.
• Attend local events: Participate in neighborhood events and markets to discover and support local vendors.
• Engage with them online: Follow local businesses on social media, interact with their posts, and leave positive reviews.

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3. Are there any government initiatives to promote local businesses in Singapore?

Yes, the Singaporean government has established several initiatives to promote the growth of local businesses. These include:

• Enterprise Singapore: Enterprise Singapore offers a wide range of support programs tailored to local businesses, including grants, schemes, and capability development initiatives.
• Productivity Solution Grant (PSG): The PSG assists small and medium-sized enterprises (SMEs) in adopting pre-approved digital solutions to enhance productivity and competitiveness.
• SkillsFuture: SkillsFuture is a government initiative that encourages lifelong learning, providing subsidies and grants for individuals and businesses to upgrade their skills.

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4. How can I start a local business in Singapore?

If you're considering starting a local business in Singapore, here are the key steps to follow:

• Choose a business structure: Decide on the most suitable legal structure for your business, such as sole proprietorship, partnership, or private limited company.
• Register your business: Register your business with the Accounting and Corporate Regulatory Authority (ACRA) in Singapore.
• Obtain necessary licenses and permits: Depending on your industry, ensure you have the required licenses and permits, such as food licenses or retail permits.
• Set up your financial accounts: Open a business bank account and set up financial processes like bookkeeping, invoicing, and tax filing.
• Craft a business plan: Develop a comprehensive business plan outlining your goals, target market, competition analysis, and marketing strategies.

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5. How can I find local businesses in Singapore?

Finding local businesses in Singapore is easy with various online platforms and resources:

• Online directories: Utilize online directories like Yellow Pages Singapore, Yelp, or Google Maps to search for local businesses by category and location.
• Social media platforms: Follow local business pages on platforms such as Facebook and Instagram, where businesses often share updates, promotions, and product offerings.
• Local business associations: Connect with local business associations such as the Singapore Chinese Chamber of Commerce & Industry (SCCCI) or the Singapore Malay Chamber of Commerce & Industry (SMCCI) for business referrals and networking opportunities.
• Community notice boards: Explore notice boards in your community to find flyers and advertisements highlighting local businesses in the area.