What is a revenue stream? Many business owners talk about this. As a business owner, you must already have an idea of what this is. Put simply, a revenue stream is where your business’ cash come...Read More
Creativity and innovation have both been the two key ingredients that many companies have used to ensure their long-term viability. If you’ve noticed, many companies that have stayed afloat and ...Read More
If you think that looking at your bottom line will tell you everything you need to know about your business, think again. Some business owners see their net income or net loss as the bottom lin...Read More
So you’ve set up your business. You could have done it a month ago, a year ago, or even 5 years ago. Your business seems to be running well. You’re making money and are very well on your way to ...Read More
Some people think that strategic planning should only be done by large organizations. On the contrary, everyone who is in business must engage in some sort of strategic planning. Consider the fo...Read More
Before we talk about revisiting your mission and vision, let’s be clear on what these are. The mission statement contains what you want your organization or business to be at present while your ...Read More
Before we can even begin to come up with our own value proposition, we must first be clear on what it is. A value proposition is composed of three major elements: its ability to reach out to you...Read More
The latest industry statistics gathered by the government in N...Read More
Delegation is an important part of business. However, not everybody is comfortable assigning tasks to others.
There are several reasons why business owners or leaders refuse to...Read More
Some quick statistics to get you off your seat. Did you know:
- 97.2% of b... Read More
Do you feel like you’re busy but aren’t getting anything done? Do you feel overwhelmed with what needs to be done? Have you ever felt that all you’ve been doing is working at the expense of fa...Read More
There is a current breed of people out there flogging H&S manuals like they were encyclopaedia’s in the hope that you the owner or manager believes that by the mere fact of having one, will ...Read More
The Employment Standards Legislation Bill
The recent introduction of the Employment Standards Legislation Bill introduces the potential for significant changes to employment related le...Read More
The power of first impressions
I was recently driving back to the office from an appointment, and found myself following a builder in his Ute. This builder had his Ute s...Read More
EMPLOYEES VS SELF-EMPLOYED CONTRACTORS
If you are a business owner or if you employ people, it is very important to understand the difference between an employee and a self-employed cont...Read More
I used to have a great manager and mentor whose favourite saying was ‘’ Hope is Not a Strategy”
It is a fantastic simple saying that
Are you building your team?
Most people are well aware that their business is only as good as the people within it.
Everyone has their own strengths are wea...Read More
Choosing the Right Business Structure
Each type of business structure has advantages and disadvantages. The right business structure fo...Read More
As of 6 March 2015, the Employment Relations Act 2000 was amended. There were a number of changes made, including to rest and meal breaks. Before this date, the law was prescriptive: employees w...Read More
One of the greatest challenges of any SME owner is the number of hats you need to wear on any one day to ensure your business not only survives but also continues to grow. As a result, things ar...Read More
Your business card is a key tool as you start building your business. It can be used when you are formally meeting new clients or suppliers. But more commonly it is used when in netw...Read More
What is bullying?
There are ...Read More
Over the summer months Employers need to look at the differing welfare requirements of their Workers. As part of a good health &safety management system it's important to consider environmen...Read More
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Effective recruitment is fundamental to attracting, recruiting and retaining high calibre employees.
Some of the benefits...
Often when I ask business owners who is your target market, the answer is anyone who wants or needs my widget. This always brings a smile to my face, because although in theory this may sound rig...Read More