These traps and mistakes are common to many entrepreneurs and small business owners
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In these circumstances, the employer must allow the employee to convert the annual leave to bereavement leave if the employee wishes to do so (Section 37 of the Holidays Act 2003).
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If you have not already, now is the time to ensure your team is thinking strategically about recovery. It is easy to get overwhelmed with the response process and the complexities of adapting operations to our new normal. It is, however, vital for long term success to allow time for some strategic thinking.
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Computer security is back in the spotlight. Smaller businesses are more likely to be the target of scams, however, than attacks of the nature that shut down our stock exchange last month.
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COVID-19 presents unique opportunity for businesses to reconsider their options when it comes to motor vehicles
Read MoreHow do you articulate who you are, if you’re not the household name in your market place? Well, first thing’s first – you need to know who you are.
Read MoreWhen an employer is considering making an employee(s) redundant, there are three key steps they need to get right…
Read MoreTimes are tough for many. Stress levels are high. An employee may test your patience or let you down, but that is no excuse for failing to meet your obligations as an employer.
Two recent cases remind employers that there are consequences for treating employees unfairly.
Read MoreYou must provide customers with quality products and services otherwise they’ll go elsewhere. To keep ahead of your game, you may have to abandon outdated notions about how your organisation does its work and start afresh. This is the essence of reengineering—a process of improving the old ways of doing business and seeking to create new and better ways. Here’s how to help your business benefit from an effective overhaul.
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After you have taken all of the preliminary steps, considered all of the potential ramifications, legal and otherwise, and have made the difficult decision to let someone go, stick to it. Don’t torture yourself. Don’t prolong the dismissal procedure! It is, after all, inevitable.
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A very successful marketing and sales strategy, often overlooked, is the very simple phrase “Thank You” that can be added after a face-to-face visit with a prospect or customer, to the bottom of an email, to the end of a letter, to a text message, or to a proposal.
Read MoreThere are many reasons why businesses form strategic partnerships, and mutual advantages can be substantial when the right partnership synergy is achieved.
Read MoreIn Lockdown level 2, we look to the future and there are new challenges ahead. In short, the COVID-19 crisis has created a new world – one that calls for a new plan.
Read MoreIf your business in struggling to make ends meet, one serious option to consider is increasing your prices.
Read MoreIn the current challenging situation, even good New Zealand companies are unable to pay their suppliers on time, and some suppliers have the wrong attitude towards debt collection and are losing good customers as a consequence.
Read MoreSteady, reliable cash flow is crucial for the survival of any small business – so taking steps to ensure your customers pay promptly should be a key priority.
Read MoreThe economy has been battered and bruised by COVID-19, and the pandemic will leave SME businesses feeling like they are battling the hangover that just won’t go away.
Read MoreIf you are an employee, you may find talk about changes being made to your role get your back up.
You signed up to perform certain duties (hopefully set out in a job description). That’s what you committed to, and you’re aware that employment agreements can’t be changed unless both parties agree.
Read MoreIt can be tough as a small to medium-sized business owner to grow your business. You’ve got many different pressures on you every day, and wear almost every ‘hat’ in the business; spending time with customers, preparing quotes or proposals, sending out invoices, paying the bills, and of course, managing staff.
Read MoreWhen it comes to the dream of owning one's own business, lifestyle has to be an essential component. Don't ignore it as you look to the future and develop your strategy.
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