Selecting and conducting business in a foreign land presents numerous barriers. The first of which is to confidently establish credibility and communication. Businesses opting to conduct business in Singapore, for example, may find themselves facing more than a language barrier. At Global Call Forwarding, we offer Singapore virtual phone numbers that pave the way towards open communication and business in this bustling country.
With an economy that has continued to rank highly on the international scene for one of the easiest places to do business in, Singapore presents countless opportunities for growing and established businesses. Singapore’s diverse market is backed by imports, technology, and government investments, and therefore holds an open door to businesses in these sectors.
Prior to embracing the economic opportunity in any new marketplace, however, businesses do well to fully understand where it stands globally. Let’s briefly discuss Singapore’s emerging economy and a few simple ways businesses can establish themselves within it.
Singapore Economy & Growth
As previously mentioned, Singapore has enjoyed a high ranking among the world’s leading economies once again in 2015. According to the World Bank, Singapore retained its place as one of the easiest economies to do business in. Its status is only three places behind the US, to put it in perspective. Its ranking is out of some 189 other economies.
Singapore, was ranked on factors such as ease of starting a business, construction permits, electricity and credit financing. Additionally, it isn’t that Singapore is a country lenient on regulation, but rather the organization of the government and its efficiency to get businesses the permits they need to conduct business that contributes to its economic placement.
Speaking of Singapore’s government, businesses that partner with the government play a significant role in Singapore’s strong economy. The Sovereign wealth fund, Temasek Holdings, owns the majority stakes in the nation’s most influential companies.
Singapore’s economy is largely based on Foreign Direct Investment (FDI) which it lends at an outstanding rate throughout the world. The nation has, however, directly benefited by FDI from other global investors and organizations thanks to an appealing investment environment and secure political foundation.
The nation thrives on exports, specifically electronics, services, and chemicals, and is surprisingly one of the globe’s central wealth management regions. These services and products provide substantial revenue for the economy as a whole. Investments and foreign money allow Singapore to purchase the natural resources it needs to survive, including water.
Singapore’s rich marketplace, secure ranking as one of the world’s leading economies, and easy to work with government make it a prime location for new and established businesses to expand their reach.
How Do Toll Free Numbers Work?
One of the best ways to connect with customers, partners, and contacts in Singapore is with Singapore virtual phone numbers. Businesses located or headquartered around the globe or across the mainland require communication that is easy and pain-free. Virtual phone numbers provide that resource for small and large business alike.
Virtual phone numbers are accessible from any landline inside of the country of choice, in this case Singapore. When people residing in Singapore call a Singapore virtual phone number they can communicate with individuals on the other side free of charge. In most cases, virtual phone numbers may easily be called from a mobile phone, which expands the market reach even further.
Singapore virtual phone numbers allow phone calls to be automatically forwarded to the origin of choice. Businesses can easily set up a virtual phone number and connect with customers in Singapore instantaneously.
At Global Call Forwarding, we also provide Singapore call forwarding features such as simultaneous ringing (allowing calls to be forwarded to multiple phone numbers of a business’ choice), customized voice greetings (giving customers a more familiar ringback tone), and advanced call forwarding (giving businesses the option to forward incoming calls during certain times to different phone numbers).
Above all, Singapore virtual phone numbers make businesses easily accessible in Singapore to Singapore customers and contacts.
Why Businesses Choose Toll Free Numbers
There are several reasons why business should consider investing in Singapore virtual phone numbers, and they largely stem from convenience and branding. For example, businesses seeking to make contact with customers for the first time can use Singapore virtual phone numbers to position themselves as a professional, trustworthy, and credible business. When customers recognize the country code and numbers associated with a company, they feel comfortable contacting the business on the other side of the call.
There are several uses for Singapore virtual phone numbers as well. For example, businesses who operate a call center in a foreign country such as India or China, can easily use virtual phone numbers to make calls for customers in Singapore completely free. Most customers within Singapore are seeking high call quality and instant access to customer service. Virtual phone numbers make that possible. Businesses can then continue to save money on labor costs without forfeiting the call quality or customer service they offer.
Utilizing Virtual Phone Numbers for Customer Service
Singapore virtual phone numbers enable customers and businesses to communicate easily, and save businesses on the high costs associated with international calls. Businesses seeking to expand their brand do well to utilize this service for their business.