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Level 5, 32-34 Mahuhu Crescent
Auckland Central,
Auckland 1010
PO Box 2296
Shortland St
Auckland 1140
NEW ZEALAND
Fax: +64 9 307 2740
Level 5, 32-34 Mahuhu Crescent
Auckland Central,
Auckland 1010
PO Box 2296
Shortland St
Auckland 1140
NEW ZEALAND
Fax: +64 9 307 2740
06/10/16 - Financial Performance
Just like in our own household, waste costs the average family business tens if not thousands. However, the business owner doesn’t just incur the yearly cost, but the multiple of that cost when a business is sold.
View Article06/10/16 - Financial Performance
There's an old saying - profit is opinion, cash is fact. That's because despite making a profit, some businesses still don't have enough cash to pay the bills. At the end of the day, a lack of cash will kill a business.
View Article06/10/16 - Exit Planning
I’m often intrigued when I read in the press about rather large family-owned businesses which are impacted by family and succession issues. These disputes are nothing new so why is it that they seem to raise their heads time again.
View Article06/10/16 - Exit Planning
In business management guru, Stephen Covey’s, best-selling book, The Seven Habits of Highly Effective People, beginning with the end in mind was a top habit of his. This got me thinking. Why is it that so many business owners don’t have a clear picture of what they want their business to look like when it’s ‘done’?
View Article06/10/16 - Financial Performance
Traditionally thought of as a lender of last resort, debtor finance companies should not be overlooked as a source of funding for growing businesses, provided the business is profitable.
View Article12/10/16 - Growth
As business owners we all want to create a growing and thriving business. However the reality is that some of us manage to achieve…
View Article06/10/16 - Financial Performance, Growth, Innovation
The Federal Government has indicated that they are very keen to support innovative businesses. There are a number of funding options available by way of government grants for businesses that can meet the Government qualification requirements.
View Article06/10/16 - Financial Performance
I was recently asked by a client whether they were holding too much cash in the business. My answer was – it depends. It depends on a number of things as well as the reasons for the cash build up. There are economic, commercial, financial and structural issues to be considered.
View Article06/10/16 - Financial Performance
I'm often asked by business clients whether a certain dollar profit is good. My answer is always the same - it depends. The fact is, no one can tell you whether a specific dollar profit figure in isolation is a good result or not. It's just like asking someone whether the $1,000 in interest you received from the bank is a good return. You can't answer the question until you know how much they had invested in the bank - and so too it is with a business. I use three main ratios in which to assess the financial performance of a business.
View Article06/10/16 - Growth, Innovation
Why is it that some businesses seem to be able to constantly reinvent themselves while others get left behind? Read about what characteristics can make a business more or less able to adapt to change.
View Article