New Zealand businesses are operating in a more cautious, cost-conscious environment. Margins are under pressure, customers are more selective, and growth is harder won. In times like these, discipline beats optimism. Here are three practical priorities every SME should be focusing on right now. 1) Protect Cash Flow and Price for Profit Strong cash management […]
What’s your Strategy for Right Now? Read More »
Budget 2025 introduced the Investment Boost scheme – a new way for Kiwi businesses to reduce the cost of investing in new assets and equipment. So how can Investment Boost help you reinvest in growth and increase the competitiveness of your business? The scheme is expected to lift NZ GDP by 1% and wages by
Investment Boost: How to maximise the benefits of this new scheme Read More »
Small businesses are particularly vulnerable in tough economic times. When sales are slow, there are still overheads and salaries that need to be sorted. Pre-planning and being proactive can help you weather tighter economic periods and allow you to continue to thrive. Make sure you have a clear picture of your payroll, and any other
Keeping your cashflow strong in tough times Read More »
The beginning of a new financial year is an excellent time to review the year just finished and reflect on what worked, what didn’t, what you’d like to change and new things you’d like to implement. With a new financial year beginning on the 1st April for most NZ based businesses, this is a great
Business Goals for the New Financial Year Read More »
How do you manage risk in your business? As a business owner you are constantly assessing and managing risk, balancing likely costs against potential profit. If anything major happens, do you have a plan in place?
Risk Management – what’s your plan? Read More »
Tips from Philippa in an economic slowdown As we continue through this quarter, it’s good to remind ourselves that even though we are in a middle of this economic slowdown, there are things we can do to make sure we come out on the other side better off. It won’t be like this forever! Your
How to make the best of an economic slowdown Read More »
Let’s look beyond the numbers by taking a holistic approach to your business health. By looking at few factors you can identify areas of strength and uncover opportunities you may have previously overlooked.
How Healthy is your Business? Read More »
and emerge stronger on the other side A recent opinion piece in the NZ Herald said Inflation was likely to stick around for a while. Economists have different forecasts about how long it will remain high, which doesn’t help business owners one bit. During a downturn, it’s crucial for a business to take action to
How to manage a downturn in business Read More »
How your Pipeline can help you answer this question. If you’ve ever been asked “How’s business?” you’ll know that simple question can get the heart pumping. If you dread answering this question, you need to look at your sales pipeline. If you don’t have one, here’s why you need one. Your sales today are the
So, How’s Business? Read More »
