In the competitive landscape of New Zealand’s business scene, small enterprises often find themselves facing formidable challenges when trying to compete with big chains. Here are six ways your small business can compete with the big chains: 1. Build Personal Connections One of the most significant advantages that small businesses possess is […]
In the dynamic landscape of small business management, one often overlooks the silent mentor who plays a pivotal role in shaping financial success – your accountant. Beyond crunching numbers and filing taxes, your accountant is an invaluable guide, offering insights and strategies that can transform your business trajectory. As the custodians of your financial […]
In the dynamic landscape of modern business, continuous improvement is not just an option; it’s a necessity for sustained success. Here are ten practical ways from Accountants Plus to enhance your business performance: 1. Set Clear Goals: Establish specific, measurable, achievable, relevant, and time-bound (SMART) goals for your business. Clear objectives provide a roadmap […]
As a business owner, managing your finances is more than just keeping track of revenue and expenses. It’s also about ensuring you receive fair compensation for your hard work and dedication. Far too often, entrepreneurs find themselves paying themselves too little, which can lead to financial stress and burnout. Many business owners fall into the […]
As we bear witness to the aftermath of Cyclone Gabrielle, our hearts are heavy with the knowledge of the immense pain and suffering that many of our fellow citizens are enduring, and we want to extend our deepest empathy and support to each and everyone who has been affected by this historic weather event, and […]
Are you a success-oriented business owner? Then this article is for you, it’s time to pay attention to the often overlooked but oh-so-important world of HR. Sure, you may think of HR as just “managing people” but let us tell you, it’s so much more than that. HR is the backbone of any successful business, […]
Starting your own business is a huge accomplishment. You have the power to be your own boss, set your own hours, and make your own decisions. But with this power comes great responsibility – namely, the responsibility to choose the correct business entity. Business structures can be complex, and there are a few different structures […]
As a business owner you are bound to make mistakes. It is part of the process, just as it is part of life. However, it is imperative to understand that how failures are dealt with determines whether they lead to success or failure, and whether unnecessary mistakes can be prevented from being made. Even the […]
As the economy has reached the peak of the cycle, businesses have had to adjust their strategies to stay afloat. However, Kiwi small businesses have managed well so far to readjust to this shifting economic climate, navigating accordingly. Those that have been able to adapt and change with the times have been the ones that […]
On 21 March 2022, the Small Business Cashflow Scheme (SBCS) loan amount increased to $20,000 (from $10,000). The scheme was originally introduced to support small to medium businesses and organisations struggling with a loss of revenue due to COVID-19. The eligibility criteria have not changed. Your business must have: no more than 50 full-time equivalent […]