article thumbnail

How the Internet of Things is impacting New Zealand businesses

NZ Entrepreneur

Power generation in New Zealand is a major industry that is certainly seeing the benefits of implementing IoT systems, starting from the basics of machinery being able to monitor itself for issues to enable proactive maintenance, to more complex capabilities – such as being able to make its own decisions.

article thumbnail

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. 2) UNCOVER HIDDEN COSTS.

Cost 88
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Innovation: The Key To Entrepreneurial Success

YoungUpstarts

With Asia’s share of global research and development forecast to grow to 40% this year, the quest to drive innovation is at the forefront of conversation among business leaders and entrepreneurs in the region. Thinking Aloud innovation Karen Reddington organizational culture organizational development'

article thumbnail

Are You In Control Of Your Business?

YoungUpstarts

At the same time, if you do have staff, trusting them to take over work with the same standards and expectations as you can be hard, which is another reason why straightforward streamlined systems will make it easier for you and your employees to maintain effective and efficient business operations. The demise of the spreadsheet.

article thumbnail

How AI is literally helping Kiwi businesses grow

NZ Entrepreneur

Myles Matheson, a Data & AI specialist at Microsoft New Zealand, says the first step in talking to customers about AI is to understand what it means to them. And that could be anything from automation of a particular operation, to strengthen a product or service, creating a new experience, or alleviating a business challenge.”.

article thumbnail

COVID-19 NZ Government business support package – are you eligible?

NZ Entrepreneur

The New Zealand Government has activated a business relief package to help affected businesses navigate these challenges. billion support for New Zealanders and business. The full-time subsidy (20 hours or more) is $585 per week, and the part-time subsidy (less than 20 hours) is $350 per week per employee.

article thumbnail

One Little Ice Cream Cart That’s About to Have Big Growth

Up and Running

An employee at Red Wagon Creamery serves up a scoop. The daughter of an art teacher and a Lutheran minister, Emily graduated culinary school and for 10 years worked in an array of cooking jobs, from line cook to sous chef, in places ranging from a rugby club pub to a $1,000-a-night resort in New Zealand. Heart of Chocolate.

Oregon 60