Global Markets for Today’s Digital Entrepreneur

There is a new breed of businessperson, namely the digital nomad, a high-tech entrepreneur who has no borders in his or her business dealings, thanks largely to digital technology. VoIP platforms such as Skype for Business and Zoom allow business to be conducted in a virtual environment with real-time video, plus there are powerful collaboration tools that empower you to collaborate in real time and discuss business with clients and colleagues.

Foreign Business Registration

Many digital nomads choose to register their business in a foreign country, largely due to tax benefits; if you are doing business in Singapore, for example, why not open a branch office? There are affordable accounting and bookkeeping services in Singapore that can be arranged by an international law firm, one that has hands-on experience in assisting foreign businesspeople to set up a company in Singapore. Aside from advising you on which type of business to register, the law firm also has connections with local service providers, making it easy to manage the business remotely. 

Cloud Data Storage

This is perfect for the international business tycoon who is able to access their data from any location on the planet, as long as they have a web connection. You can update files in real-time and control what data your employees can access, keeping it relevant, while the managed IT services providers have 24/7 bank-grade cyber-security to protect their clients’ data. By migrating all your business data to the cloud, you can manage everything from a laptop, wherever you happen to be.

Zoom

This digital communication platform has everything a digital entrepreneur needs, and some! Multiple attendees can join the virtual meeting and with a whiteboard and file sharing, you can collaborate on projects wherever your team happen to be. Voice over Internet Protocol, or VoIP, sends audio and video data across the Internet and real-time video is clear, with no audio lag.

Outsourcing Essential Services

Most digital business owners outsource almost all their needs to local providers; if you want to set up a company in Singapore, for example, local services ensure that the business is fully compliant, which is always a concern when you set up a business in a foreign country. If you are planning to open a representative office, you will need a few local employees to work with your manager to carry out market research, while bookkeeping and accounting can also be outsourced to a local company. Here are a few tips when looking for private education for your children.

Real Time Trading

Whether crypto, gold or Forex, there are many independent traders that enjoy a great life speculating commodities; using secure global trading platforms, you can trade from a tropical island! This is definitely the age of the digital entrepreneur and if you would like to change your life and become a digital nomad, all the resources are online. No more pinstripe suits, the 21^st-century businessperson wears shorts and a T-shirt and runs their business from a single laptop. Everything is on the cloud, so you can live anywhere; imagine quitting your job, buying a ticket to Bangkok and living in Thailand for 6 months, then maybe take a look at Vietnam and Singapore. Many western entrepreneurs end up staying in Southeast Asia; it is easy enough to set up a business in Thailand, Singapore or Malaysia.

Global commerce has reached a new dimension thanks to digital connectivity and the future looks rosy for global markets in certain commodities.

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