THE PERSONALITY TRAITS THAT ENTREPRENEURS MUST HAVE

Marketing INCORPORATION

Entrepreneurship is challenging. Here are five personality traits that you should develop in order to be ready to start and grow your business. Passion Entrepreneurs themselves are the heart of the startup company! Their passion and enthusiasm for work will motivate the rest of the team and drive the company to success. Building a business takes a lot of time …

CRECRA

ADVERTISE YOUR CRAFT BUSINESS ONLINE AT THESE WEBSITES

Marketing INCORPORATION

Handicrafts are a great way to become an entrepreneur, and in Hong Kong there are many options for setting up places to sell your products online. We’ve selected two of the most popular websites from the Chinese speaking Hong Kong community. CRECRA (crecra.com) offers many gatherings and fairs about a variety of subjects, crafts, and nationalities, as well as gatherings for …

EU General Data Protection Regulation

THE EU GENERAL DATA PROTECTION REGULATION (GDPR) SPECIFIC RIGHTS

Marketing INCORPORATION

Below is a follow up on the new EU General Data Protection Regulation (GDPR), and an overview of the new data subject rights. Take time to review and make sure you’re aware of the specific processes and actions that your company needs to take to adhere to your users’ rights.   Data Subject Rights Breach Notification It will become mandatory …

EU General Data Protection Regulation

THE EU GENERAL DATA PROTECTION REGULATION (GDPR)

Marketing INCORPORATION

As of May 25th, 2018, the EU General Data Protection Regulation (GDPR) has been put into effect. Replacing the Data Protection Directive from 1995, the GDPR is adjusting how organizations across the region handle their data privacy and creating a unified set of data privacy laws to help protect and recognize all EU citizen’s data privacy. Below, you can read …

Companies Registry

DIFFERENCE BETWEEN TRADEMARK REGISTRATION AND COMPANY REGISTRATION

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Under Hong Kong law, there are subtle differences between Trademark Registration and Company Registration, for example, whether Company Registration protects brand or business names. In this blog, we are going to address the differences between the Companies Registry and Company Registration, and how Trademark Registration is different. The most important difference is that Company Registration is not an indication of trademark rights. In …

5 SALES QUESTIONS TO CLOSE MORE DEALS

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While closing sales, asking is usually more important than answering questions. When utilized well, questions can help shape the conversation and engage your clients in a more relevant way. Below are five sales questions that you should ask while meeting potential clients. 1. How did you hear about us? This question can help you to know which angle to use when …

5 THINGS YOU SHOULD KNOW ABOUT CLOSING THE DEAL

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Being able to close deals effectively can help you stand out from the competitive market, which can be very beneficial to your business. Herein below are the five things you should consider to close sales in a more efficient way. 1. Listen to your clients It is elementary to listen to your clients as you want to better understand their …

THREE BEST ENTREPRENEUR BOOKS WRITTEN BY WOMEN

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Entrepreneurship was once considered to be male dominant. However, gender diversity in leadership roles has increased in popularity and now more women are starting to own companies. There are some wise entrepreneurship ideas developed and practiced by women, which can inspire any individual in many ways. Below are our most recommended books: Grit: Passion, Perseverance, and the Science of Success by Angela …

GOODS AGREEMENT

What is the Procedure for Setting up a Representative Office?

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Set up a Representative Office First, the company must complete the registration procedure with the Companies Registry within 1 month of the establishment of the place of business. Also, they must register with the Business Registration Office of the Inland Revenue Department within one month of the commencement of business. Further, For more details about setting up a representative office, kindly …

GOODS AGREEMENT

WHAT IS A SUPPLY OF SERVICES AGREEMENT?

Marketing INCORPORATION

WHAT IS A SUPPLY OF SERVICES AGREEMENT? When you are selling goods or services, make sure you also use a Supply of Services Agreement. A Supply of Services Agreement is a contract describing all the services one business provides another, as well as the service levels, timescales, fees, when payments will be made, and how to change/terminate the agreement. At …