Spam to be finally outlawed in New Zealand
With less than a month before The Unsolicited Electronic Messages Act comes into force; are you ready for it?
The Unsolicited Electronic Messages Act 2007 comes into force on September 5 2007 and aims to prevent New Zealand becoming a haven for spammers by prohibiting unsolicited commercial electronic messages.
The Act requires anyone who sends commercial [...]
Proven tips to improve your cash flow
Ever heard of the saying that “a sale is not a sale until the cash is in your bank account?”
If we you were paid for your sales the moment that you made them, you would never have a cash flow problem.
Unfortunately, that does not always happen in many businesses. Credit is a privilege (not a [...]
Why employing full-time administration staff is costing you more than you think.
The cost of employing full-time administration staff is costing you more than you think. Added to their salaries, you will have to pay them holiday & sick pay; other government taxes; training costs and they will have regular “down-time”. And don’t forget the overheads associated with it – a telephone; desk & chair; insurances; software; [...]
Why it pays to have a network of advisors – part 2
In my previous article, I discussed why it’s important to have a good team of professional advisors on hand to help your business. This article follows on that discussion.
Marketing consultant
Many start-up businesses can’t afford the high fees that these consultants charge, but if you do have the cash, good marketing consultants are well worth it. [...]
Why it pays to have a network of advisors – part 1
Why do you need advisors?
If you’re an entrepreneur, it’s likely that your training is in a specific specialty area. You’re brimming with ideas and very good at what you do. Your major weaknesses are probably in sales, marketing, management, law, and accounting…in other words, those areas most critical to running a successful business. The case [...]
The business lifecycle – part 3
In parts 1 and 2, I discussed the first 4 phases of a typical business lifecycle; from its very first days to reaching maturity.
In this article, the last of the series, I’ll discuss typical characteristics of a business that has developed to a stage where its owners are expanding. I’ll also discuss how to identify [...]
Why paying attention to the “ups” and “downs” of the business lifecyle will help you – Part 2
My previous article looked at the traits of a business that has just begun, may be with just a thought, and how it moves into a start-up phase. This article looks at the next 2 phases as the business begins to take shape and grow, then reaching maturity.
3. Growth phase
Your business has made it through [...]
Why paying attention to the “ups” and “downs” of the business lifecyle will help you – Part 1
Introduction
Businesses form, develop, mature, reinvent or die. Different stages of the business life cycle are associated with different risks and expectations and they may need different management styles and strategies to meet the needs of their customers.
Many businesses, that live long enough, typically start with an entrepreneurial seat-of-the-pants management style, and then move onto a [...]
5 reasons why a business plan is essential for your business
A sound, well thought through, business plan is the cornerstone of any business…whether is it a start-up, growth or established business…as well as being a significant tool for monitoring the progress and growth of your company.
Most people would not embark on a long journey to somewhere they have never been without finding out how to [...]
