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Founding, building and growing your own small business is a hugely rewarding experience for many entrepreneurs. But the road ahead isn't always smooth.
There are common challenges that crop up and...
Purchasing an existing company is a great way to expand your business empire. You can buy out a close competitor, or dip a toe into a new industry and expand your reach as a business group. But...
‘Business continuity’ is the process of planning out how your company can continue trading – when disaster strikes.
In essence, it’s your Plan B for how to set up a...
New Zealand’s housing market decline has started to show in the numbers, with average values down across most of the country for three months in a row.
Westpac economists have predicted house...
Making good business decisions is easier to do when you have excellent information at your fingertips – and that’s the value of having great reporting at the heart of your startup.
Any...
One of the best things about online shopping is instant, hassle-free payment. Enter your details, click, and you’re done. If your customers can make an instant online payment, they’re...
Making sure you get paid on time is crucial to your success. The process of making sales and generating revenue lies at the heart of any business model. But you can't manage your cashflow...
The Government is investing $100 million into a new Business Growth Fund, it announced in the latest Budget. This funding is designed to help small- to medium-sized businesses (SMEs) get the...
Keeping the business in a positive cashflow position is vital. But you can only do this if your cash inflows (sales revenues and other income) outweigh your cash outflows (overheads, supplier costs...
If you want to stabilise your finances and grow the business, working to strict budgets becomes a necessity. Managing the cashflow twists and turns of a project can be hard work. But it’s...
Whether it’s refilling your petrol tank or paying at the supermarket checkout, the higher cost of living is hitting every household hard.
Across the world, everyday essentials are surging in...
If you are ‘pressing go’ on your new business, what are the key elements to have in place before you begin trading?
The complexity of your operational model will vary greatly, depending...