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Tag: Small Business

Top 8 Reasons to Hire a Business Advisor in 2021

As 2020 fades to a close and the uncertainty of last year spills over into 2021, 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 2020, take a hard look at your

An Employers Guide to Mediation in New Zealand

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

How to Choose Your NZ Business Structure

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

Top Tips for Financial Survival During COVID-19

We’ve heard this before: the COVID-19 pandemic is an unprecedented global health and financial crisis that has caught many off guard. While the threats to human life are very real, the damage to the health of businesses is really just starting to show. In the coming weeks and months, many

Do You Have an Eco-Friendly Business?

An eco-friendly business offers plenty of advantages: lower costs, increased profitability, marketing opportunities and the biggest one of all, a better environment for everyone. Long gone are the days when businesses who actively chose recycled photocopy paper were ‘different.’ Today’s businesses are striving to become greener, and they are proud

Cost Saving Tactics for Small Business

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? Here’s What You Need to Know

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

Tips for Building a Cash War Chest in a Crisis

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