Category: Protect your Business

If you want to do well in business, you gotta know the rules

It’s a fact of life that if you want to do well at anything, you need to know the rules that apply to whatever it is you’re trying to do. This applies whether you’re driving a car, playing cards, trying to attract a mate, playing rugby, or being in business. Understanding the rules that apply

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Focusing on problems is not the same as focusing on solutions

When you’re in business, you’re going to be faced with problems to resolve — some big, some small.  This happens regardless of how good or bad a business owner you may be.  It’s just a fact of life when you’re dealing with other people — suppliers, employees, customers, government, officials. Most people look at the

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One size doesn’t fix all

Trying to build a great small business can sometimes feel like searching for water in a desert.  You see water in the distance but no matter how far or fast you walk towards it, it never gets any closer.  Yet you keep trying.  Such is the power of a realistic illusion (the mirage in this

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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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