When I was reading about Singapore company incorporation to understand which direction I wanted to have for my company, I learned a good bit of information about different aspects of companies from a website that helps businesses get registered and incorporated. I found that I was interested in having a private limited company because it clearly stated the benefits as well as the disadvantages of having this done. The benefits far outweighed the negatives, which is why I decided to go this route. While it was more expensive to set my company up this way and there are more stringent guidelines I must follow, the advantages were also plentiful.
I liked the legal identity part the best. We would be able to have our own property and can also enter into legal agreements. While that means that we can legally be sued, it also benefits us because we are able to sue as well. Because we have a lot of intellectual property, we needed to have the right to protect what is ours. There is just too much theft in this area in technological businesses today, and I wanted to make sure that we would be able to protect ourselves from that right from the start.
This site taught me a good bit of things other than the pros and cons of having a private limited company too. I learned about various tax incentives that I would be able to benefit from if I set up shop in Singapore. It was a win win situation for everyone involved. I was given the tax breaks I needed to lure me there, and Singapore is guaranteed to have future tax monies if I am able to stay relevant and in business. Learning as much as I could before actually taking the first step helps to ensure that I will be here for a long time!
I have been working on a pretty big report for my Comp Sci class. Right now I am going to have to figure out a way to scan multiple photos and get it printed up in to the presentation. Of course it is not a big deal if you pay for the job to get it done right, but it is a pain to do it if you do not have the right equipment. The right equipment probably costs about as much as my Dad’s car does too. They have all that stuff down at the Fedex place, the one that does copying and I am guessing that the only choice I have is to get it done down there. It is either that or I shall have to wait until I am back on campus. If I do it that way I am going to go back to school a couple of day early. I really do not want to do that. I want to go on spending my holiday with the girlfriend as long as I am able.
At any rate this is going to have to get done and the best thing is probably going to be to just go down to the place you pay to do it and have them do the job right. I am not sure what the professor thinks about that, but of course if you do a really good job of printing up yourself they are not going to know if you paid a pro to do it or not. They might suspect it, but of course the job is not the technical details of printing it. The creation of the report is what matters and I do not think it is going to matter if I pay to have it printed up.
In the early days we hand packed all of our products. That was when our work force could keep up with the demand. Then when sales took off, we had to find a way to package more product in a shorter amount of time. The system of pick and place robotic case packers we had installed took care of our problem. We have hired more human workers, and the robotic systems actually are part of the reason we can support keeping the extra human resources we have. We have automated a large portion of our packaging, but the volume is so great now that we still had to add some workers.
Some say that robotics takes the place of people. Here is how I look at it. We had a few people doing all of the packaging. We had to choose between being able to meet demand or stay where we were at. We went ahead and attempted to meet demand by installing automated packaging systems. We then were able to sell more product. Those sales permitted us to staff with people the positions in the warehouse and packaging that are best left to people no matter what automation is available. Those added jobs are a benefit to people. Ones that would not have existed if we were not able to meet demand by packaging huge numbers of product.
In our business, automation actually opened up some human job positions. Is it like that in all industries? I would say not. However, for us, that is how it is working out. We are community minded and want to hire local people giving them a good wage. In order to do that we have to sell a lot of product. In order to sell a lot of product we need to keep up with manufacturing and packaging. Even the amount of our raw materials have increased. It is good for people all the way around.