This blog is the second instalment of our New Zealand business laws and regulation series delving into everything you need to know about starting a business. In part one, we talked about your business name, structure, and what you’ll need to register for.
As a small business owner, you’ve learned how important healthy cash flow is. Understanding how to develop and maintain that cash flow, however, that's another story. Payments aren’t coming in, but your debtors are still going to call. You need systems and processes in place. We've talked about the ...
The New Year is a great time to reflect on the successes and failures of the year. Maybe you muddled your way through 2018 and you’d like 2019 to be better planned and a little less out of control. Well, the New Year’s a time for fresh thinking and opportunities, so get excited about how good 2019 ...
While you can articulate your goals, you don't have a complete a plan to get there, particularly around forecasting and reporting. Perhaps you're also in need of better support and information but you're not sure how to get the right help.
As a small business owner, you hold yourself to high standards. You probably expect yourself to know everything, achieve everything and to do it all alone. But that's often not the case, so it's important to know when you need the support and expertise of others, as well as how to get it.
Boosting your business to the next level can sometimes feel like mission impossible. Just when you think success is coming your way, it slips between your fingers. Even more frustrating is that all this hard work is starting to seep into your personal life, hurting your ever-important work/life ...
When you started your business, you're likely to have had ideals in mind: financial goals, lifestyle goals. You’ve probably noticed that small things often get in the way - and before you know it, your goals can seem pretty distant.
It’s hard work, starting a business. It takes courage, commitment, and an entrepreneurial spirit. Even with all your passion, it sometimes seems like success is impossible. The truth is, you can’t know or remember everything that’s important.
Building a business isn’t a 9 to 5 and sometimes it pushes you to your limits – and further. And ultimately you keep going because it’s so rewarding - after all, you see the success every day in the team, the profits and the influence your business extends.
You shouldn't judge a book by its cover - or a business by the number of customers coming through the door. That's because the health of a business is not always obvious at first glance. There's action behind the scenes, so there's always more to tracking business performance than meets the eye.
You've put blood, sweat and tears into realising your small business vision. Whether you're just getting off the ground or you're doing well, you know that you can achieve so much more. It's a frustrating truth every new business must face.