Strategies to beat rising costs and boost revenue

By |2024-10-15T09:53:18+13:00October 30th, 2024|Business Advice, General, Strategy|

We live in uncertain economic times, with operating costs still on the rise. By focusing on cutting expenses and growing revenue, you can stay ahead. A recent survey showed that 93% of respondents believed changes made by the Government had increased their cost of doing business. And rising costs can

Making data meaningful in your business

By |2024-11-07T13:23:12+13:00October 2nd, 2024|Business Advice, Change Management, General, Strategy|

Data is only powerful with context. It needs to be accurate and organised, and you need to be clear on the necessities vs the niceties. Raw data describes the facts and figures that a business processes every day. Over time, every business collects data and it becomes meaningful after it

Succession planning for small businesses

By |2024-08-28T17:02:45+12:00September 18th, 2024|Business Advice, Change Management, General, Strategy|

Succession planning is critical for small business owners who want to ensure their business thrives even after they step away. Whether you’re planning to retire, sell, or transition ownership, having a clear plan in place will help you maximise your business’s value and secure its future. Starting and running a

The importance of recording keeping when you are self employed

By |2024-08-07T13:59:09+12:00September 4th, 2024|Business Advice, General, Marketing, Strategy|

Working for yourself or running your own business? Setup robust systems for expenses & tax requirements so you can focus on your important tasks. Contracting or running your own business requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing

Inland Revenue tightens cryptocurrency tax compliance

By |2024-08-21T16:32:47+12:00August 21st, 2024|Business Advice, General, Marketing, Strategy|

Inland Revenue has implemented stricter guidelines for cryptocurrency tax compliance, reflecting a global trend toward more rigorous regulation of digital assets. New Tax Guidelines The updated guidelines clarify that nearly all transactions involving cryptocurrencies are subject to tax. This includes (but may not be limited to): Selling Cryptoassets for Money

Why you should review you financial reports regularly

By |2024-07-12T12:13:25+12:00August 7th, 2024|Business Advice, Cash and Cashflow, General, Strategy|

Making time to look over your financial reports each month is an important task for any business owner. If you are not taking time to do this, either because you’re too busy, or perhaps you don’t really understand what you’re looking at and it doesn’t make sense to you, then here are 6 reasons

How to define your ideal customer

By |2024-08-21T16:41:24+12:00July 24th, 2024|Business Advice, General, Marketing, Strategy|

Since businesses have existed, business owners have asked the question, Who is my ideal customer? Advertising copywriting icon, David Ogilvy, wrote about “man's unchanging needs”. What he meant by this was that no matter the time or circumstances, consumers had and were driven by, an unwavering set of needs. These

Review your business expenses and save

By |2024-07-04T12:10:29+12:00July 3rd, 2024|Business Advice, General, Strategy|

Running a business costs money. There are always costs, overheads and supplier bills that mount up – and these expenses will gradually chip away at your cash position, making it more difficult to grow and make a profit. So, what can you do to reduce your spend levels? And what impact will this have

Budgeting for success

By |2024-05-31T08:52:09+12:00June 5th, 2024|Business Advice, Cash and Cashflow, General|

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. When you’re operating and managing a small business, you have a finite pot of cash to work with. Because of this, it’s incredibly important to

Finding a balance between automation and the human touch

By |2024-03-22T10:53:47+13:00April 17th, 2024|Business Advice, General, Technology|

Automating your key systems is the way to turn your enterprise into a 21st century, digital business. But are we getting carried away with automation? And could we be systemising areas which could benefit from a more personalised, human touch? Personalisation of the customer experience is vital. Automation can play

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