Business Advisory Articles

Choosing the right price and cost for your service and product is vital for your business success and growth.

Three questions for business success – Part 3: Pricing

October 9, 2024 / SME Business Advisory Team

Since the dawn of business, these questions have puzzled owners: Who's my ideal customer? What makes my product or service attractive? How should I price it? In Part Three of this series, we dive into the third question — How should I be pricing my product or service? Read on!

Business strategies for new zealand businesses to right the economic wave of confidence

NZ Business confidence soars: how to ride the wave

September 25, 2024 / Kunal Topiwala

Business confidence in New Zealand rose to its highest level for a decade in August. We’ve got some tips on how to ride this wave of confidence and bring your business into brighter times.

As a business owner wanting to have business success you must consider what makes your product or service attractive to your customers.

Three questions for business success – Part 2: Value Proposition

September 11, 2024 / SME Business Advisory Team

Since the dawn of business, these questions have puzzled owners: Who's my ideal customer? What makes my product or service attractive? How should I price it? In Part Two of this series, we dive into the second question—uncovering the secrets to crafting a compelling value proposition. Read on!

Business owners face stress and burnout need to look after their wellbeing and health.

5 ways to reduce your stress as a business owner

September 11, 2024 / Manisha Kesha

Running a small or medium-sized enterprise (SME) in New Zealand can be stressful, with 7 in 10 owners feeling the pressure of economic challenges, cashflow issues, and constant demands. Here are 5 practical strategies to reduce stress and avoid burnout. By focusing on these areas, SME owners can better manage both their business and personal health.

Business success and knowing your target audience go hand in hand

Three questions for business success – Part 1: Ideal Customer

August 29, 2024 / SME Business Advisory Team

Since businesses have existed, these questions have perplexed their owners. Before AI, the internet and even electricity. Who's my ideal customer? What makes my product or service attractive? How should I be pricing my product or service? Here is Part One, where we look at answering the first question. Read on!

Chasing up payments in down economies can be challenging, but here are some tips to help your recover your cashflow.

Following up on invoice payment in a down economy

August 22, 2024 / Kunal Topiwala

It can be challenging following up on payment of invoices when the economy has been down, but it is important to keep cash flowing into your business. As with all business dealings right now, there are tactics you can use to help.

Financial Management and budgeting is vital for the health of a business. Talk to our experience client advisers today.

Budgeting for success: the importance of good financial management

July 24, 2024 / Kunal Topiwala

A solid budget is the foundation for your company’s financial management and success. Here are 4 ways to stay in control of your business budgeting.

Productivity improving profitability for business and employees in New Zealand

Productivity Matters – Here’s Why

July 4, 2024 / Manisha Kesha

Productivity is a term associated with strong economies, robust businesses and the efficiency gains of clever staff. If businesses were efficient, we would have fewer failing, more employment and better incomes for owners and workers alike.

Budget Summary for Small Business Owners with Trusts in 2024

June 12, 2024 / Kunal Topiwala

From 1 April 2024, trustee income tax rises to 39%. Trusts earning <$10,000/year and certain special trusts stay at 33%. Inland Revenue clarifies what actions are acceptable. Will this apply to your trust and what actions should you take if it does?

Here is how NZ Small businesses can retain and attract customers in this competitive market.

How can small businesses in NZ compete with the big chains?

May 30, 2024 / Manisha Kesha

In tough economic times, small businesses can struggle. So how can your small kiwi business compete with the big multinationals in such a competitive market? Here’s how to maximise your boutique appeal to retain existing customers and draw in new ones.

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