Business size categories in New Zealand: Definitions and why they matter
September 15, 2021
What does a “medium” business look like? Understanding how various organisations define business size categories is important for several reasons.
New Zealand is a nation of small and micro businesses representing more than 97 percent of all firms. They account for 28 pe...
Safeguarding your business against unexpected disruption
April 20, 2021
Crisis management seems to have become a core skill for the modern business owner — how prepared are you in the case of emergency?Whether it’s lockdowns, earthquakes or like a client of mine in Napier, NZ (the recent flooding), it matters not; business owners need to...
How to Exit Your Business
November 7, 2020
I meet many business owners who haven’t given a lot of thought to what their longer term plans are. Often they are continually bogged down in the daily routine and don’t take the time out to plan for the future.
When I ask ‘what do you want to be doing in 5 to 10 year ...
Business Planning - Where is Your Business Now?
June 22, 2020
In order to get your business to where you want it to be you must first determine where it is now, as otherwise, you won’t know how much work you have to do to improve and nor can you set goals or action strategies, because firstly, the goals have to be realistic in achiev...
Your Ideal Customer Or Client
June 10, 2019
Every business owner should be focused on his or her prospective customers. The ability to find a customer, sell your product or service to that customer, and satisfy the customer so that he/she buys from you again should be the central focus of all your business a...
Selling a Business
May 4, 2019
Business Structures
May 4, 2019
Your business structure should take account of the following factors:
Risk. Business is a very risky place and your business structure should minimise risk as much as possible. Often ignored until it’s too late e.g. when the GST or rent is months in arrears!
Practicality. ...
Starting a Business Part 2
May 4, 2019
Every business owner needs reliable figures to regularly check on business performance. Collecting data is useful in setting realistic targets towards increasing your profitability in 2015, and gives a baseline for monitoring your business throughout the year.
Types of...
Starting a Business Part 1
May 4, 2019
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Accountancy & Business by Nick Roberts
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