Call Nick on 021 225 6425
FILTERED BY TAG:

Business Planning

X
In 37 years of advising new business owners the biggest single mistake that I keep seeing is to start a new business without having enough working capital to see them through to when the business is better established. The best form of working capital is cash in the bank. Bo...
Read more
In order to get your business to where you want it to be you must first determine where it is now, as otherwise, you won’t know how much work you have to do to improve and nor can you set goals or action strategies, because firstly, the goals have to be realistic in achiev...
Read more
Once you’ve established where your business is now and secondly, where you want to get it to, you need to sit down and work out how you’re going to bridge the gap between the two. If the gap is large, it may seem like where you want to get to is just too hard to reach. T...
Read more
Basically, a good goal comes in a format of:What do I want to achieve & by when? And to assist you in setting your goals it’s important that you know the SMART formula which will remind you of the important components of well set goals. S is for specific and your goals sh...
Read more

Selling a Business

May 4, 2019

Business Structures

May 4, 2019
Your business structure should take account of the following factors: Risk. Business is a very risky place and your business structure should minimise risk as much as possible. Often ignored until it’s too late e.g. when the GST or rent is months in arrears! Practicality. ...
Read more
Every business owner needs reliable figures to regularly check on business performance.  Collecting data is useful in setting realistic targets towards increasing your profitability in 2015, and gives a baseline for monitoring your business throughout the year. Types of...
Read more

Buying a Franchise

May 4, 2019
In the area of business competition there’s one thing I’ve learnt over the 35 years I’ve been at the coalface of advising SMEs and that is, no matter how many other competitors there are in your line of business, you can still be successful if you get your core busines...
Read more
Load more
Loading...
Load more
Loading...