NZ Business confidence soars: how to ride the wave
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.
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Three questions for business success – Part 2: Value Proposition
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!
5 ways to reduce your stress as a business owner
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.
Three questions for business success – Part 1: Ideal Customer
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!
Following up on invoice payment in a down economy
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.
Budgeting for success: the importance of good financial management
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 Matters – Here’s Why
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
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?
How can small businesses in NZ compete with the big chains?
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.
Overcoming Imposter Syndrome: A Business Owner’s Guide
Imposter syndrome is a common challenge faced by many business owners. It can hinder personal growth, decision-making, and overall well-being. It impacts 70% of business owners at some point. We look at steps you can take to overcome and move forward.