Welcome back to our Weekly Digest, we hope you’ve enjoyed the relaxed Level 2 restrictions. Read on for this week’s update. Budget Last week the budget was announced. Like any …
Welcome back to our Weekly Digest, we hope you’ve enjoyed the relaxed Level 2 restrictions. Read on for this week’s update. Budget Last week the budget was announced. Like any …
We’ve said it before and we’ll say it again – this has been an extremely difficult few months for all of us, but there is no better time to think …
Read More… from Beyond COVID-19 – How to build value in your business
Online distribution frees you geographically. Where you might have been selling your product or service locally, opening an online distribution channel means you can sell it on a global scale, …
Read More… from Tips for building an online distribution channel
Your current business model is the way your business earns money. A change in your business model can bring substantially more income – sometimes for less work and lower overhead …
Markets are dynamic and constantly evolving so no business can afford to stand still. Many business owners have learned that in the last few months as COVID-19 spread around the …
Hello again for another week! We hope you’re healthy and well. You will have heard by now that we moved to Level 2 on Thursday 14th May – great news …
Hello again for another week! We hope you’re healthy and well. You’ve probably heard by now about the move to Level 2 on Thursday 14th May – great news for …
You probably didn’t factor a global pandemic and national lockdown into your business plan! So now is definitely a good time to revisit your business plan for the next year. …
Read More… from Prepare a business plan for COVID-19 recovery (free template)
With no new cases reported on Monday and Tuesday this week, it seems like New Zealand has Coronavirus under control making a move to Level 2 likely in the next …
Is your business worth the risk? If you’re confident there’s a genuine demand for your potential product or service (and at the price you want), the next step is to …
The prices you charge for your products or services can have a dramatic effect on sales and profits. Your pricing strategy also determines how customers view and respond to your …
Finding money for the essential assets you’ll need to run your business efficiently can be a challenge. You’ll need to decide whether leasing or buying is best for your business. …
For many small businesses, the best way to improve profitability is to increase turnover, as there’s no limit to sales but there is a limit to how much you can …
Before you go down the path of seeking capital from outside your business, identify any other ways of raising capital. For example, do you have any savings (either in the …
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 …
Operating at a loss simply means you’re spending more money than you’re making. And while it’s not uncommon, especially for new businesses, it’s still not an ideal situation and one …
Read More… from What to do if your business is operating at a loss
With the country now at Level 3, many more businesses can now operate which is great news. Worksafe has published guidelines for operating safely at Level 3 and there’s a …
The impact of the COVID-19 pandemic continues to spread across the country and around the globe, leaving nearly no one completely untouched. But among the tragic stories are also stories …
Hello! We hope you had a relaxing Easter break. We’re back for another week with some recent updates and helpful resources. Read on for all the news. Many of us …