Business Advisory Services

4 tips to survive a weak economy

Like the Auckland weather, it’s often just as difficult to predict the economic climate accurately.  During a recession or economic downturn, disaster can quickly strike small business entrepreneurs who are not prepared to weather the storm. Fortunately, all is not lost.  You can stay strong in lean times and help is often at hand to […]
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Your bank manager – friend or foe?

Maintaining a good businesses relationship with a financial institution (such as a bank, credit card company, etc) has always been important.  This is becoming more prevalent as many lenders are consolidating, borrowing becomes harder and options become scarcer. In the past, we may have regarded this relationship as a partnership, where each party stood to […]
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How to survive the downturn

The current world wide economic downturn has, again, highlighted why small business owners must actively scrutinise their finances.  Many small business owners still rely on old and/or out of date information. Last week, I recently met with a new client who had experienced a 25% decline in their sales.  When I asked them about their […]
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How to promote your business

As you know, customers are the lifeblood of your business. Without them, your business doesn’t stand a chance at success – and will crash and burn along with the many other small businesses that don’t survive their first five years.  No matter how much time and money you spend on your marketing efforts, you will […]
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You Don’t have to Have all of the Answers; It is okay to Seek Help Once in a While

If you are too proud to ask for help in your business, you are missing out on many valuable learning opportunities. Mentoring is an essential tool to utilise in business. Mentors, business associates, friends and family can all provide valuable insight to assist you in your business success. Mentoring is one of the best sources […]
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4 ways to reduce your costs

The little details can make a big difference in the world of business. It is more likely that a small business will experience a surge in profits due to its implementation of a series of small cost-cutting strategies rather than the acquisition of a huge new client. Cost cutting strategies for your small business don’t […]
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