Staying one step ahead of economic uncertainty means having the right performance metrics at your fingertips. We’ve highlighted 5 ways to track, monitor and analyse your performance. We’re operating in uncertain times, where shifts in the global economy can happen overnight. This makes it challenging for small businesses to plan
Economic conditions and the costs of trading make it difficult to keep your finances on track. We’ve got five ways to reduce the financial uncertainty and improve your planning. In these uncertain times, careful planning, forecasting, and strategic thinking can help make the road ahead clearer. As a business leader,
Cybersecurity plays a critical role in your business's governance and risk assessment. Fortunately, a new government website offers training and resources to help you enhance your security measures. Your IT systems and software are the backbone of your business, and with so many parts of your operations now in the
Late payments can cripple your cashflow and undermine the viability of your business. We’ve outlined some ways to tackle late payments and get your cashflow back on track. Late payments to Kiwi small businesses are on the rise, putting additional pressure on your cashflow and ability to cover your expenses.
The Reserve Bank of New Zealand recently reduced the official cash rate (OCR) to 3.75%. What does a drop in interest rates mean for you, your business and your financial opportunities? Let’s take a look at how a drop in interest rates may affect your finances. Reduced cost of borrowing
Is your business model as solid and future-proof as you think it is? We’ve picked out five of the key threats that should be on your small business radar. Small businesses faced a number of challenges in 2024, with the business environment, globalisation, technological change and difficult economic conditions all
What are the key reports to focus on in your business? We'll show you how to track performance, take action and position your company for growth. As a business owner, it’s never been more important to have a good grasp on your finances. For many businesses, priorities have shifted, customer
There are specific challenges to running a family business. With the right governance measures in place, you can foster harmony and ensure the family business thrives. 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
Tenancy agreements form the foundation of the landlord-tenant relationship, outlining the rights and responsibilities of both parties. Understanding the intricacies of tenancy agreements and recent legislative changes is crucial. There are two main types of tenancy agreements: fixed-term and periodic, each catering to different needs and preferences. Understanding the differences
We live in uncertain economic times, with operating costs still on the rise. By focusing on cutting expenses and growing revenue, you can stay ahead. A recent survey showed that 93% of respondents believed changes made by the Government had increased their cost of doing business. And rising costs can
