Category: Protect your Business

Getting a pay rise – a business owner’s perspective

I get it.  Prices are constantly going up around us.  You have to keep putting food on the table, clothes on your back, a roof over your head.  So, what are you to do?  Based on what I see and hear around me, the ‘go to’ response seems to be to put your hand out

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E-invoicing not the answer to better cash flow

Since the Government released its Budget back in May, I’ve been stewing over what I believe is a lack of support for small business. Sure, there was the tax incentive for more research and development, but that’s only if you can afford more than $50,000 a year on R&D and most small businesses in New

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Paying tax on time – why this is a great idea

You should already know that if you’re in business and you make a profit then you have to pay tax.  Not paying tax can see IRD chasing you for collection and your debt almost doubling every three years it’s not paid.  Despite this, not every business pays their tax. As at June 2015, New Zealand

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Myth-busting business ideas – part three

To get more cash, you just need to sell more.  TRUE and FALSE!Sometimes, selling more is like pushing the accelerator down on a car that’s hurtling towards a cliff.  The only thing you will achieve is hurting yourself more and faster.  Sometimes the problem of not having enough cash has nothing to do with your

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The role of the middle man

The middle man and your path to market This is part three of a four-part series based on lessons we can all learn from the dairy industry – regardless of what size or industry you are in – these business lessons are relevant to all of us.  As previously discussed, knowing your market and customers

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More business lessons from the dairy industry – for all SMEs

There are a lot of business lessons we can all learn from the Dairy Industry in NZ right now.  The effect of supply and demand on prices, and knowing that your customers are not only the middle men in the supply chain. Know your market and customers I suspect too many dairy farmers saw their

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Business lessons from the dairy industry

There are some interesting Business lessons from the Dairy industry we can all learn – regardless of our business type or industry.  Most importantly is that when a business fails, it tends to never happen overnight. Any number of things will have led to that failure. Understanding what leads to failure gives the opportunity to learn.

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