Understanding Your System Flow: Why Unseen Gaps Can Cost You
Understanding Your System Flow
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Investment Boost: How to maximise the benefits of this new scheme
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
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Keeping your cashflow strong in tough times
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
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Business Goals for the New Financial Year
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
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Risk Management – what’s your plan?
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?
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How to make the best of an economic slowdown
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
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How Healthy is your Business?
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.
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How to manage a downturn in business
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
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So, How’s Business?
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
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Understanding Lead and Lag Metrics
While we don’t have a crystal ball to look into the future of our business, we can look at certain metrics to give us an indication of future performance. These are your Lead and Lag metrics that provide insight into the future and past performance of a business, respectively. Once you understand the difference, you’ll
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