Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.
While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents. Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.
A tidal wave of small business owners in New Zealand are looking to retire or sell their business over the next five to ten years.
Read on to get Xero's free report to help maximise the value of your business if you are looking to exit the workforce.
Running a business without a business plan is like rock climbing blindfolded. Your chances of making it successfully to the top are slim.
A business plan is a step-by-step guide to running your business and creating a product or service that will make it successful in the marketplace.
In order to make the most of strategic planning, your business should give careful thought to the goals it outlines and then back up these goals with realistic measures for evaluating results.
Here are three tips on how to create business goals and things to consider.
Most businesses are built by default – not by design.
Very few businesses start ‘with the end in mind’ and design it from the ground up. Most businesses grow by default with people, systems, culture, clients, numbers, habits and attitudes.
While change is not something that most people embrace quickly or open-heartedly, if it’s done too cautiously it can flatten revenues, eat profits and lead to business failure.
This is particularly true for small businesses where the resources are limited and the margin for error is slim.