Hospitality – how do we get back to making money?
Hopefully we are all soon moving to a position where we can go back to work and start making a dollar or two to make up for the recent difficulties here in New Zealand. Yes, you are right in your thinking, some businesses have done well during…
SME Survival in a Covid environment
Some time ago I wrote about Covid and the Economy – here is an updated personal perspective looking to a new financial year. – John Cleghorn The government is talking a great deal about New Zealand getting vaccinated and staying on track from an economic…
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…
10 things to be learnt from 2020
You can’t predict change but you can prepare for it.So much happened last year that was unexpected that at times it was quite overwhelming. In the early stages of the year, much activity was reactive and decision making was made on the “fly”. Looking forward,…
Manage your direct reports.
The moment your business gets large enough that you need to hire employees then you have an employee management requirement. Our experience shows that this is one of the most neglected skills in the SME market in New Zealand. You need your employees to help…
Revive Your Business
The adage “before we can thrive, first we must survive” is quite well known. However, I feel there is a missing step. Once we have survived, then we must Revive. This is particularly important for businesses that truly want to get out of constantly scrapping for…
What gets measured gets done!
A simple process for identifying KPIs for your business. The reasons for monitoring KPIs in your business are well known, but it is surprising how many businesses large and small don’t monitor any KPIs other than cash in the bank, or at best profit. And…
Who would have imagined the space we now inhabit?
Has everybody’s plan gone out the window in the last six months? Late last year we were all starting to think about the coming Christmas, and the new year was nearly upon us. What were we going to do over the break? I believe that…
Change the way you look at things and the things you look at change.
Why are businesses so reluctant to engage a business advisor or consultant? Here are the five excuses that we get most often and how we debunk them. It costs too much!What is the cost of not having a professional advisor? Yes, we do cost good money,…