Donavan Group Consulting in Singapore and Tokyo

Startups usually end up spending a lot of money on things that aren’t worth investing. This blog discusses top 5 tips to use startup funds wisely. Startups are the result of great enthusiastic minds that have the courage to take calculated risks, invest money and a have lot of patience to wait to reap ROI. Those who face the challenges and struggles at the initial phase of establishment, with the right approach, see a bright future ahead. At times, startup owners usually get influenced by suggestions of amateurs and choose the wrong method to spend their money and utilize resources. Considering the reports, statistics and success ratio of startups till date, following are consolidated 5 pointers for efficient planning of money and resources: Do not fall in the trap of lawyers As a startup, you may need legal assistance, but at a very basic level. You may come across law agencies and lawyers who offer packages to serve dedicatedly to your firm. You should know th...

The most surefire way to become a millionaire retiree (aside from actually starting with a million dollars) is to invest in stocks that consistently generate strong returns, and allow your gains to compound for decades. Certain real estate investment trusts, or REITs, make particularly great retirement investment. Here's why REITs are great stocks to hold in retirement accounts, and two examples that could be great investments for you, both of which are cornerstones of my own retirement portfolio. Why REITs make excellent retirement investments I'm a big fan of REIT investing, but this is especially true when it comes to retirement investing. Specifically, the favorable tax treatment of REITs works twice as well in retirement accounts. In exchange for agreeing to distribute at least 90% of their taxable income to shareholders, REIT profits are not taxed on the corporate level, unlike most other companies. For example, if you own Microsoft stock, the company's...