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11 tips for reducing costs in small business

NZ Entrepreneur

According to the latest MYOB SME Snapshot, a survey of over 500 local SME operators around New Zealand, most believe the economy will decline in the next year, putting further pressure on cashflow and margins. Make sure you go back and look over your budgets and forecasts and see how you’re tracking. 10) REDUCE YOUR SPACE.

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Are You In Control Of Your Business?

YoungUpstarts

Does your spreadsheet allow you to see trends and forecast at a glance? But this is where online software such as TradeGecko’s inventory and sales management system provides an ideal solution. Sales inventory software: Pulls together your sales cycle into one central system that all your team can use. Up with the trends.

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Better business forecasting – Part One

NZ Entrepreneur

You might see forecasting as a waste of time, or something you do when you have absolutely nothing else on your plate (which is, um, never). Or you may have been diligently forecasting each month in the past, and stopped once you found that reality turned out quite differently to your best laid plans. And who can blame you?

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Have you done your annual entrepreneurial health check?

NZ Entrepreneur

The current New Zealand economic climate is buoyant and businesses are well positioned for growth. Additional funding requests – requesting funding over and above those forecast by the company can be a tell tale sign that all is not well. A lack of direction may result in a company underperforming.

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Is my business idea feasible? Key questions to ask before you start.

NZ Entrepreneur

Check your business name doesn’t conflict with that of another business, by looking up the free online registers provided by the Intellectual Property Office of New Zealand and the NZ Companies Register. What’s the financial forecast? The more detailed and objective your financial forecast, the clearer your feasibility picture.

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Entrepreneur Resource: Your complete CRM handbook

NZ Entrepreneur

You’ll gain key business insights that help you close more deals, boost sales, and improve forecasting accuracy. But is now the right time for you? get your free copy of the Salesforce CRM Handbook here , or click on the cover below.

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500 Founders: Thomas Clyma, Tina Chou, DEAN BROWN & Knight Hou

NZ Entrepreneur

Welcome to ‘500 Founders’ where we ask startup founders and innovators from around New Zealand, What is one piece of advice you would give to people working on their first startup and why? Want to tap in to the best startup advice from entrepreneurs who are out there doing it? Thomas Clyma – Cofounder. TheTestMart.

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