Deciding on business financing: “Can you finance your start-up?”, or “Should you look for a venture capital angel investor?”, or “Do you need a small business loan?" These are the most common questions that often come to mind when thinking about bootstrapping. Money plays a vital role when an entrepreneur thinks of starting a business. However, when you set up a company in Singapore. You can take advantage of the government's range of cash grants, programs and initiatives for start-ups. This is one of the many benefits of setting up a company in Singapore. 5. Choose a business name: Choosing the right business name is crucial for both legal and marketing issues. ACRA (Accounting & Corporate Regulatory Authority) suggests that the company name must be decent, meaningful and unique. Avoid using the similar name used by existing companies. It could cause copyright issues and, at the very least, customers could get confused and protect the competition. You're better off keeping it short and easy to pronounce. Be consistent as your brand image should last the test of time. Singapore company name approval is subject to ACRA regulations