Many serial entrepreneurs have widened their customer base when they broadened their footprints. Whether you are expanding within Singapore or embarking into new overseas markets, our team can provide the support for your regional expansion.
Power of all is better than the power of one
AS A SERIAL ENTREPRENEUR, YOUR NEEDS ARE UNIQUE.
You have started multiple businesses. You are passionate about what you do, have the business acumen and often seek out new opportunities to start new ventures.
Whether you are expanding your businesses locally, bringing it overseas or enhancing your presence along the value chain, we recognize that your needs are unique. At OCBC, we have supported many serial entrepreneurs and we are committed to provide curated advice and solutions across your businesses to bring your ideas to life.
Some serial entrepreneurs pursue vertical integration for the advantages it offers including greater control over supply chain, and the ability to offer lower prices while increasing market presence. This may be done by controlling the manufacturing of their products or gaining access of channels to market their products & services directly.
The addition of complementary business offers the opportunity to expand within existing markets where you are already operating, build new streams of revenue and attract new customers. Many serial entrepreneurs employ this strategy to better serve their customers.
"Banking is an integral part of running a business. At OCBC, how our group of companies operates, our plans and business aspiration are well understood by the bank. In addition, having a dedicated relationship manager as a single point-of-contact ensures we have timely support to operate and grow our business.”Mr. K.E. Tan, Bio-X Global Group
“The willingness of the bank to assess us as a group benefitted us greatly. It ensured that we were able to obtain loans despite that at the individual company level, we may be too young or our sales turnover too small. This provides us with the firepower to embark on new opportunities that arise to further expand our business.”Dr Tan Yuan Zi, T Medical Group
“After running Josiah Montessori since 1996 and expanding the brand to 5 centres, we saw an opportunity to leverage on our expertise to start a sub-brand, My Learning Haven. Despite it being a new business, we were able to get a loan even before incorporation based on our past business track record and this allowed us to launch the sub-brand faster than we thought possible.”Wendy Tan & Lena Lim, Josiah Montessori & My Learning Haven
“The circuit breaker made us rethink and transform our business using technology in new ways to focus on e-learning solutions and parent school communications. Despite the COVID-19 situation, our RM and the bank provided the financial support we needed and this had allowed us to expand beyond the education sector into other industries, adapting our systems to directly integrate safe-entry QR codes.”Wang Bin, Taidii Pte Ltd
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