Success is never random, it takes hard work and commitment. Build a business that works and lasts.
This section takes you through important aspects of running a business. Go through expert advice on marketing, sales, collecting & making payments.
Get online
Update your business on Google My Business so that you appear on Google searches and Google Maps.
Get your brand out there with an email bearing your company name. Using Google Workspace is a popular way of getting this done as it comes with other useful utilities such as online collaboration and file sharing tools.
Selling online? The most popular solution to self-build an online shop is Shopify. We have made it free for you.
Shout about your business
Going social is an effective way of marketing. Our business owners spend an average of $450 per month on social media marketing.
Mailchimp is the top solution our business owners use to reach out to their customers. Mailchimp lets you start for free but as an OCBC customer you can get even more.
Receive payments fast
There is no charge to use PayNow to receive payments, and funds reach your account instantly. Simply display a QR code for your customers to scan and pay, or include your UEN in your invoices for easy transfers. If you wish to receive an alert every time your customer make a successful PayNow payment, use OCBC OneCollect.
NETS is a familiar must-have. If you need a credit card terminal, get it here.
Try not to collect cash, it's expensive and risky. If you must collect cash, get our deposit card so you can let your staff deposit cash on your behalf.
Bill your customers
Issuing an invoice is simple, but many business owners spend hours tracking and following up on payments so that they can have some visibility on their cash flow.
Use an e-invoicing tool to create professional invoices and send them by email or InvoiceNow. Your invoices will automatically include a QR code for your customers to scan and make payment using PayNow.
Pay your suppliers
There are many ways of making payments.
For easy tracking and reconciliation, transfer funds to your local and overseas suppliers through Velocity.
Or earn up to 1% cashback when you pay suppliers with your OCBC Business Debit Card.
Save an easy-to-read copy of our business starter kit as a quick guide to starting, running and growing your business.
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Disclaimer
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