Career - Seedly
Seedly logo
 

Career

Your biggest income source at the start

639 
Questions answered
  • Recent Activity
  • Unanswered
  • Trending

Entrepreneurship

Career

CH
CH
Level 6. Master
Answered 1d ago
https://support.office.com/en-us/article/excel-for-windows-training-9bc05390-e94c-46af-a5b3-d7c22f6990bb free online tutorials from microsoft office directly. if you are looking for specific function related to work use, try search PA courses
👍 0

Entrepreneurship

Economics

Career

N
Nathaniel
Level 4. Prodigy
Updated 1d ago
1. Sell your products on Chinese e-commerce sites Put your products up on sites like Alibaba and Taobao so you have a low-cost way of marketing your sauces. Leverage social media marketing via channels like WeChat to advertise your chilli sauce. If you look at the "Sauces" section of Alibaba, there's thousands of other sellers marketing chilli condiments. China may be a massive market, but don't make the mistake of thinking "as long as I get 1% of the market, this business will be massive". To even reach 1% market share in such a cut-throat landscape with thousands of other producers selling similar products, you're going to need a comprehensive go-to-market plan. Very often, there are plenty of condiments (or foods in general) that taste great. Yet many condiment producers who have great-tasting products fail to achieve any sort of sizeable stake in the market. In the packaged foods industry, what is just as important (if not even more important) than having a product that tastes good is getting consumers to believe that your product is good. Your marketing efforts must convince consumers to try your chilli sauce specifically, over thousands of other alternative chilli sauces. Most consumers probably already have a favourite chilli sauce brand; how will you excite them enough to convince them to switch to your sauce, or be intrigued enough to add your sauce to their shopping cart during their weekly grocery trip? A thoroughly-planned marketing strategy will pay off handsomely when you do eventually expand to China. 2. Establish local contacts, particularly distributors and retailers Although Covid-19 currently has Chinese consumers shunning physical retail, the pandemic will eventually pass and shoppers will return. 69% of all condiments in China are purchased in supermarkets. If you want your sauce to really succeed, you're going to need to get your sauce bottles in front of consumer's faces - literally. You'll need to build relationships with local contacts that manage the goods purchasing for supermarkets and other retailers. You'll want to convince these purchasing managers that your sauce is really different, and is worth taking a chance on. Here's a useful overview of the Chinese condiment market I found: https://daxueconsulting.com/condiment-sauce-market-china/ 3. Protect your business against food poisoning risks Because you're selling a food product, you're exposed to the risk of food poisoning liability. Mistakes during the production of the chilli sauce could unknowingly introduce bacteria. If people become sick after eating your sauce, you would be exposed to serious legal liablity. Make sure you protect your business against food poisoning liability, and protect your shipments to China with cargo insurance. You can save up to 25% on business insurance at https://www.providecover.com
👍 0

COVID-19

Economics

Career

Investments

Stocks Discussion

Hi Anon, We've already got a question thread regarding this topic here, do check it out! Just to summarise some of the sentiments on the other question thread, the S$48 billion that was drawn from Singapore's reserves is definitely needed to help cushion the economic impact of the virus on Singapore's economy. Whether or not the Resilience Budget is enough is yet to be seen, but the swift response from the government so far has been encouraging, and we know that they won't hesitate to draw more from the reserves if required.
👍 0

COVID-19

Economics

Career

Clara Ng
Clara Ng, Community Manager at Seedly
Level 5. Genius
Updated 2d ago
Hi Anon, Here's the breakdown of which sectors these various programmes or initiatives will be targeted at helping jobseekers: 1. New SGUnited Traineeships programme - To help first-time job seekers like fresh graduates entering the job market - Government will support up to 8,000 traineeships across both large and small firms - This will include science and technology traineeships in research and development labs, deep-tech start-ups, accelerators and incubators 2. SGUnited Jobs initiative - Create about 10,000 jobs over the next one year - Will start with the public sector recruiting for longer-term roles in essential services - such as social services, early childhood education, and infocomm technology - Short-term, temporary jobs for Covid-19 related operations - such as health declaration assistants, temporary management support officers, and Transport Ambassadors - Agencies will step-up hiring plans to fill a range of jobs in emerging areas 3. Working with Singapore Business Federation and other trade associations and chambers - To create job opportunities in the private-sector for businesses recruiting for recovery, or with short-term manpower needs due to disruptions in labour supply - Workforce SG to open more than 2,200 job vacancies, mainly temporary jobs that are immediately available, through SGUnited Jobs virtual career fair from now till 12 April 2020. Hope this helps!
👍 0

COVID-19

Economics

Investments

Career

Hi Anon, The Resilience Budget worth S$48 billion is indeed a massive one, and I believe that there are multiple factors have led to this. Singapore's Current Economy First and foremost, the government has to respond drastically to the current economic situation in Singapore. ! Economic data released on Thursday morning showed how Singapore's gross domestic product fell an annualized 10.6% in the first quarter from the previous three months, with our economy shrinking 2.2% in the first quarter of this year . The country is expected to be heading for a full-year recession- its first in two decades. The Ministry of Trade and Industry downgraded its 2020 growth forecast to a range of -4 to -1 per cent. All this does not bode well for Singapore's economy, and it's imperative that the government provides support for businesses and Singapore's citizens. 2008 GFC I believe that the government has learnt its lesson from the Global Financial Crisis of 2008, whereby Singapore ended up becoming the first East Asian Country to slip into a recession. It was only after the government sought permission for the President to dip into our national reserves in 2009 -$4.9 billion; that Singapore's economy began to slowly recover. It was this act that helped to significantly cushion the effects of the recession, and sparked the slow but sure recovery of Singapore's economy. Ultimately, Singapore was ranked as the world’s fourth most dynamic city post-recession in the 2010 Global Metro Monitor Report, which was commissioned by the Brookings Institution's Metropolitan Policy Program, and provided an overview of the recent economic performance of 150 global metropolitan cities post the Great Recession. Hence, I believe that the government understands the need for drastic action, and want to try and cushion the economic effects of the pandemic as soon as possible. Elections As you mentioned, I believe that the upcoming elections are a factor that has made the response from the government this drastic. Just yesterday, Teo Chee Hean said in parliament that delaying elections and having the president form a caretaker government are both “unconstitutionally unworkable” proposals- it seems that the PAP is determined to go ahead with the elections. This could be due to them seeing the Covid-19 pandemic as an opportunity to further their credibility as our lawmakers, and as an opportunity to win the younger generations over- the Gen Zs who are coming of age. This is a double-edged sword in my opinion, but I personally think that the government's responses have been more than decent, from the containment of the disease to their efforts to reduce the strain on the economy. We shall see if this continues to be the trend, but so far I think they've done well in the handling of the current situation. Do let me know if you agree or disagree with my views!
Answer image preview
👍 3

SG Budget Babe

COVID-19

Career

You need to determine whether you are working based on contract of service, or contract for service. In other words, who has control over the work that you do? More details: https://www.iras.gov.sg/irashome/Businesses/Self-Employed/Learning-the-basics/Am-I-an-Employee-or-a-Self-Employed/ I share quality content on estate planning and financial planning here.
👍 0

COVID-19

Economics

Career

Clara Ng
Clara Ng, Community Manager at Seedly
Level 5. Genius
Updated 2d ago
Hi Anon, I think the support given the Government as mentioned in the Resilience Budget will be able to help businesses and employees tide better over this difficult period. The Government will co-fund 25% of local workers’ wages until December 2020, with heavily impacted industries like air transport, tourism and food services to receive higher co-funding. Firms in the food services sector will receive higher support at 50% of wages and firms in the aviation and tourism sectors (most badly affected sectors) will be supported at 75% of wages . One of the key areas of focus for the Resilience Budget is to help save jobs, support workers and protect livelihoods. I think the Government’s move to help businesses with workers’ wages will be able to significantly reduce the immediate pressures businesses currently face from disruptions in operations and cash flows. Workers can get more assurance that they'd be able to keep their jobs knowing that the Government will provide help for businesses and workers to tide over this difficult period.
👍 2

COVID-19

Economics

Career

Investments

Clara Ng
Clara Ng, Community Manager at Seedly
Level 5. Genius
Updated 2d ago
Hi Anon, The Resilience Budget by the Singapore Government is indeed an unprecedented response for unprecedented times . DPM Heng has warned that Singapore is likely to face “its worst economic recession since independence” as a result of being deeply impacted by Covid-19. The Government is setting aside a further $48.4 billion to support businesses, workers and families, on top of the previous $6.4 billion in measures previously announced in Budget 2020 just a month ago. This brings the total amount to $55 billion, which is 11% of Singapore’s GDP, that the Government is giving to help combat the impacts faced from Covid-19. Here are 5 ways the Supplementary Budget will help workers: 1. Saving jobs - The Government will co-fund 25% of local workers’ wages until December 2020 - Heavily impacted industries like air transport, tourism and food services, firms will receive higher co-funding. Firms in the food services sector will receive higher support at 50% of wages and firms in the aviation and tourism sectors (most badly affected sectors) will be supported at 75% of wages - Those earning up to $4,600 monthly will qualify, up from $3,600 - Jobs Support Scheme will be extended, with payouts in May, July and October - $15.1 billion allocated to support more than 1.9 million local jobs 2. Helping self-employed persons - Provide direct cash assistance for self-employed persons through Self-Employed Person Income Relief Scheme (SIRS) - Eligible self-employed persons will receive $1,000 cash per month for 9 months - Provide sustained support for self-employed persons to make use of this period to train and upskill through the Self-Employed Persons Training Support Scheme 3. Helping lower income workers - Workers under the Workfare Income Supplement Scheme will receive an enhanced Workfare Special Payment. Each will get a one-off cash payment of $3,000 4. Helping the unemployed - COVID-19 Support Grant will provide lower and middle-income workers who lost their jobs with $800 every month for 3 months - More flexibility in granting applications for ComCare during this period - Temporary Relief Fund to be set up in April for needy families who need help urgently 5. Helping jobseekers - New SGUnited Jobs initiative will create about 10,000 jobs over the next one year - SGUnited Traineeships programme will give first-time jobseekers and young Singaporeans more opportunities, supporting 8,000 traineeships this year While these measures will not be able to wave off a recession, they will be able to soothe the concerns workers have over losing their jobs or not having an income. These initiatives will be able to provide support for workers until at least Dec 2020 and will help boost consumers' confidence to spend, which will be crucial for a healthier economy and the survival of businesses.
👍 0

COVID-19

Career

Economics

Sharon
Sharon
Level 5. Genius
Answered 2d ago
If you are in the Creative/Cultural industry, you may want to check out this Facebook group: SG Covid-19 Creative/Cultural Professionals & Freelancers Support Group, where freelancers can post tips and job listings and provide other types of support. It has more than 4,000 members. There's also a website called Ilostmygig.sg, where it provides access to resources, news and job postings. Hope this helps!
👍 2

COVID-19

Career

Economics

Family

Lifestyle

Hi Anon, The government recently unveiled it's second stimulus package of S$48 billion to fight the economic effects of the coronavirus outbreak, and will be in addition to the previous S$6 billion Unity Package ! Economic data released on Thursday morning showed how Singapore's gross domestic product fell an annualized 10.6% in the first quarter from the previous three months, with our economy shrinking 2.2% in the first quarter of this year . The country is expected to be heading for a full-year recession- its first in two decades. The Ministry of Trade and Industry downgraded its 2020 growth forecast to a range of -4 to -1 per cent. DPM Heng said during his address to parliament that "Our resilience as a country, as a society, is being put to the test as we face our biggest challenge in more than a decade." Some highlights of this second stimulus package are: - $4 billion package to keep workers in jobs and help companies with cash flow - $1.6 billion for a one-time payout for Singaporeans aged 21 and above, between $$300-$900 each - $800 million to support front-line agencies fighting the outbreak. - Scrapping of property tax for virus-hit hotels, restaurants and shops - Expansion of wage support for businesses, including extra support for those in food services, aviation and tourism industries - Direct cash aid to a broader pool of self-employed persons - Enhanced support for lower-income workers - Freeze of government fees and charges for one year - Suspension of student-loan interest and repayment charges for one year - Suspension of late-payment charges on public-housing mortgage arrears for three months - The additional spending will push up the government’s virus-related relief to almost S$55 billion, or 11% of gross domestic product, Finance Minister Heng Swee Keat said in a speech in Parliament Thursday. The S$48 billion stimulus package will be pulled from Singapore's massive reserves. This is rather unprecedented as until now, the Government has only drawn on past reserves once during the 2008 Global Financial Crisis when the President approved a draw of $4.9 billion to fund the Jobs Credit Scheme and special risk-sharing initiative. This shows the immense scale and seriousness of the impending recession, and how drastic the measures that need to be put in place will be. As to how long the measures will last, no one can tell or predict for sure. However, the mega reserves that Singapore has will definitely but put into good use during this period, and I'm sure that the Singaporean government will prepare and push out more stimulus packages if the need for them arises. I think that this second stimulus package will do wonders to cushion the impact for various sectors in Singapore, but only time will tell whether it's enough to tide us through this tough period.
Answer image preview
👍 3
Load more questions
Followers (916)