Business | Teik Oh

6 Key Must-Haves In Your Business

Aug 13 2019

When you are starting a business, or even as you grow it from the start and enter into a steady period of consolidation and wish to review your performance, it is useful to take a step back from the nuts and bolts of starting or running your business and consider what makes up a business.

Sure, you must have (hopefully) a great product or service and you must have customers.

But what makes up a successful business? What are the key ingredients you must have?

I created Teik Oh Dot Com in order to help small business owners implement these key ingredients that together make up a successful business, to be the small business owner’s one place to go to in order to find the practical processes to improve their business and become successful. You can subscribe to get these free tools and resources delivered directly to you by clicking on this link and signing up.

Importantly, I believe that when you start your business, you need to focus on six key must-haves in your business to set you up for success.

So let’s dive into the 6 key must-haves in your business.

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Finding The Right Adviser

Feb 26 2019

Whether you are about to start your business or whether you have been working at your business for a few years now, you need to understand that running a business can be a draining and lonely experience.

The most valuable piece of advice that I give to new business starters or people who have been running their business for a few years is that you should not do it alone. For all of us operating a small business, the business is us. Without our health and wellbeing, the business will reflect that stress and tension that we feel. So, you need to set up your support systems to ensure that for any situation, you have someone you can talk to.

The most obvious people are your family and loved ones, but while their love and support are invaluable, sometimes, all they can do is to listen to you because the situation may need experience and technical advice that loved ones may not be able to provide.

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How To Increase The Value Of Your Business

Jan 22 2019

The value of your business is not just based on the tangible assets – the equipment, the buildings, the accounts receivable – but is also based on intangible assets or “goodwill”.

Goodwill is the “extra” value of your business that is caused by all the intangible things that you do in your business to make it a profitable business that can continue beyond your ownership or stewardship. These include things like your customer relationships, your reputation, the efficiency of the business processes, marketing quality and resources, staff behaviours and culture, and your systems that create a great product and service.

Imagine two similar businesses.

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Entrepreneur? Or Hardworking Employee Of Your Own Business?

Dec 18 2018

Are you thinking of starting your own business?

Perhaps you’re a subject-matter expert and you have an idea about how your knowledge can help others?

You may even e running a young small business, maybe less than 4 or 5 years old?

The thought of being an entrepreneur is motivating and exciting – ut many who start out to be an entrepreneur end up just working very hard as an employee in their own business. How do you make sure that you become the entrepreneur you started out to be?

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Starting Your Own Business? Here’s What To Do First

Dec 11 2018

Are you thinking of starting your own business?

Exciting times! Let me congratulate you on deciding to take your future into your own hands!

It is an exciting – and also a little frightening – experience as you work out what to do and where you want to go and how to start. What’s the first thing to do?

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Increase your sales through a highly focused marketing plan!

SMART Marketing: In this book, the owners of a small business are led through the SMART Marketing 7 Step Process to produce a marketing plan targeted at their most desirable customers. Any business can use these principles and in 4 to 6 weeks implement a plan to get them through the door! Find out how...

The SMART Marketing Workbook: Companion to “SMART Marketing”, this workbook sets out the SMART Marketing process in 7 workshops for you and your staff to complete questionnaires and templates that at the end, form the marketing plan you need to sell your REAL product to your REAL customer! View now...

Category - Business

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6 Key Must-Haves In Your Business

Finding The Right Adviser

How To Increase The Value Of Your Business

Entrepreneur? Or Hardworking Employee Of Your Own Business?

Starting Your Own Business? Here’s What To Do First