Five Rules for Smart Cash Flow Management
One of the biggest reasons for business failure in New Zealand is not common knowledge. No, it isn’t businesses failing to make a profit; it’s bad cash flow management! Cash flow issues can be caused by several reasons. The most common are: The business is…
Why Managing Your Direct Reports is Essential for Success
The moment your business gets large enough that you need staff, you have a staff management requirement. Our experience shows that staff management is one of the most neglected skills in the SME market in New Zealand. Four ways to build a powerful team You need…
The Business Advisor Paradigm – Cost or Investment?
What impact will a business consultant have on your SME business? Let’s begin to answer that with another question. What do The All Blacks, an Olympic Gold Medallist and Bill Gates have in common? They all employ a coach to help them: “Create the perfect…
4 Rules for your business
Rule No. 1 You must understand — and be comfortable with — the way the business works. First and foremost, you have to understand and be comfortable with how the business acquires (or, in the case of start ups, intends to acquire) new customers. I…
10 Ways to lead your workforce by example
An executive who works alongside team members is rewarded with better performance but chumming up to employees is a fine balancing act. Too much comfort may breed complacency, an unwillingness to take on challenges, suppress independent thought and opposing ideas. You want your team to…