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18 November 2012

Business 101: The Prosperous

By Anne Sutton


Accountancy which basically involves recording, summarising and classifying pertinent business and financial related errands has been deemed as the basic language in the business world. In fact, it has opened most of the profitable professions in the Merlion city and all over the world. Vast opportunities have been provided to those who are in the accounting field as it remains one of the most profitable endeavours.

Accountancy has started steadfast connections with several entities like business managers and stockholders in terms of dealing with sound financial communication in the corporate realm. In addition, along with the profits offered by CPA's at an average pretax margins of 16.5% from 2003-2010 is an indication that the industry has been giving pertinent data on the practical art of business entities.

With regards to the remarkable careers provided by this Asian country, an example of a profitable business venture is Funeral home Singapore. Basically, funeral homes are geared towards providing efficient services for individuals who are in dire need of honourable rites for their departed loved ones. The majority of Funeral Parlour In Singapore is family owned and passed from one generation to another. The business has been recognised to continue to remain as a flourishing business venture amidst the global monetary crisis.

Due to slim competitions with other associated industries, it doesn't likely compete on price tags. Its concern is to provide the best service possible together with good reputation, lush surroundings and excellent consumer relationship coupled with knowledge. This business stands at a static demand linked to death rates in the country. The demand isn't likely aggressive since the services can't be generated because it is directly affected by the population changes. The revenues may swell dramatically but cannot be directly detected.

Basically, the business of funeral parlour creates revenues that are generated through primary sources such as funeral home services, mausoleum and crematory disposition charges. Other sources of revenues are the services that include flower arrangements and church rites charges. Nowadays, inflation rate has been the main reason for the increase in funeral rate cost, nevertheless, it does not stop the industry to continue to provide high quality services.




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