Progress beats perfection every day of the week. This is evident every day of the week with business planning. The number one thing that holds a lot of people back from making progress on their business plans is fine-tuning until they have the plan perfect. Overthinking leads to under-executing. Business
As 2022 fades to a close and the uncertainty of last year spills over into 2023, it’s no wonder why more businesses than ever are working with business advisors and coaches to prepare for whatever might happen next. Before you move on from 2022, take a hard look at your
Mediation for employment issues, you may have heard of it, but what is mediation in the context of employment? What can it be used for and what does the process look like? Many people believe that mediation is only for when an employee brings a grievance against their employer, and
The Government’s Business Finance Guarantee Scheme has been an epic failure. Today, some welcome changes to the scheme have been announced by Finance Minister Grant Robertson. The scheme has been too restrictive and there was far too much red tape for struggling businesses to jump through. The Government budgeted more
As small business owners plan for how they will operate after COVID-19, there are some important business questions to be asked about the coming business recovery. These questions will help you determine what adaptations you want to keep, whether your business model is working, and if there are additional changes
Have you given any thought to which business structure is right for your business? We’ll be honest and admits it’s not usually the first thing that comes to people’s minds when starting or buying a business. However, the way that you structure your business plays a significant role in how
At a time like this, money is tight for pretty much every business. Cutting costs can be a quick and easy way to improve the profitability of your business. Introducing well thought out cost saving tactics can bring immediate savings and ensure you remain profitable in the short term. But
Selling a business is a bit like selling your home. You want to get the best price possible, with the least amount of effort and at the lowest cost to you. What you do need to be clear on are the reasons you want to sell, plus be 100% certain
Your “war chest” is the financial reserve your business has built up so you can take advantage of an opportunity or cover unexpected costs or emergencies. Building a cash reserve when finances are tight, however, can be difficult. You need money to continue running your business but, if at all
