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Running any kind of business is tough work. But when you add in the additional challenges of running a family business, things can begin to get complicated â and personal!
In a family business, youâr...
There are certain items of equipment, machinery and hardware that are essential to the operation of your business â whether itâs the delivery van you use to run your home-delivery food service, or the...
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 on...
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 whatev...
âBusiness continuityâ is the process of planning out how your company can continue trading â when disaster strikes.
In essence, itâs your Plan B for how to set up a means of trading, when you donât h...
New Zealandâs 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 prices ...
Making good business decisions is easier to do when you have excellent information at your fingertips â and thatâs the value of having great reporting at the heart of your startup.
Any cloud accounti...
One of the best things about online shopping is instant, hassle-free payment. Enter your details, click, and youâre done. If your customers can make an instant online payment, theyâre likely to pay yo...
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 effectively ...
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 investmen...
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 an...
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 itâs easier to do...