10 key focus points to run an efficient business
Set clear goals and objectives:Establish what you want to achieve, both in the short and long term, and make sure your team is aligned and working towards the same goals. Streamline operations:Evaluate your processes and find ways to optimize them for maximum efficiency. Automation can…
Why leadership is so important in running a successful business.
Here are the reasons why leadership is considered important in running a successful business: Direction and Purpose: A strong leader sets the direction and purpose of the organization and provides clarity to employees on their role in achieving the company’s goals. Decision Making: Leaders play…
Keeping my business tight
In these turbulent times it is no secret that business is tough for some of us. In the last few years, businesses have been loaded with additional compliance and costs that, coupled with the challenges of COVID, have lent to us potentially taking our eye…
Radical Transparency Will Change Your Life
It’s possible that I spend too much time thinking about how to improve business so it benefits everyone. But sometimes it leads to some pretty funny observations. Take, for example, one of our Best Practices, which we call “Radical Transparency.” Transparency is supposed to solve…
The Importance of Budgeting Every Year
The majority of business owners we work with do not like budgeting. Whether it is because of a lack of excel skills, understanding the construction of how Profit and Loss or Cashflow statement are compiled or the fact it can be boring budgeting on your…
Keeping it fresh!
What a lovely weekend it was weather wise! It was so nice that it inspired my partner and me to walk Orakei Basin as we do once a month on average. As we approached the entry/exit point, I suggested that we take a new approach…
11 Reasons to have a Business Coach/Advisor
As business owners there is only so much you can achieve on your own. You need a sounding board from time to time. Someone that keeps you in check and helps you and your business grow. Find out why taking on a business coach can…
Are there any gold nuggets sitting under your nose?
Prime have recently been working with a client that sells top end IT Software. They are a multi awarded company and leaders in their respective field. Their revenue had started to decrease, not alarmingly, but enough for us to hold a session on driving new…
Managing your interactions and yourself!
Managing your Work Environment In business every detail counts and ultimately translates to greater efficiency, productivity and ultimately profit, whilst making the job more enjoyable. What can I do about improving my work space environment? Below is a prepared checklist of common time bandits for…
Negotiation 101: The 6 Principles
We all negotiate something at some point of time every single day.This is especially true if you are working in procurement or sales. The idea for this post came as for quite some time we have noticed an unfortunate recurring pattern, more than 80% of…
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