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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. New Zealand based businesses can search Find An Advisor database for accountants and bookkeepers here.

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Opinion: It’s a startup world

NZ Entrepreneur

If we want to maintain and support sustainable economic growth while meeting the broader needs of society, we will need an economy underpinned by innovation and new technologies. Suse Reynolds, Angel Association New Zealand. Check out New Zealand’s Angel networks on the Angel Association NZ website.

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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.

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Four cash flow tips to boost small business

NZ Entrepreneur

Ranked by the World Bank as the easiest country in which to start a business, New Zealand has in many respects become the poster-child for entrepreneurship. With around 8,000 small enterprises with staff (between 1-19 employees) established each year, small businesses account for 97 percent of all enterprises in this country.

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What intellectual property (IP) steps should a startup take?

NZ Entrepreneur

I was involved with the preparation of an investment disclosure statement for a well-known New Zealand company that wanted to raise capital to expand their service into the US. They had been running their very successful business in New Zealand for 10 years. The IPO did not proceed. The shotgun approach.

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5 strategies to make your business more efficient

NZ Entrepreneur

Assess employee productivity and processes. You may find you can maximise efficiency by better matching employees’ skills to different areas of the business or increase productivity by allowing team members to have more flexibility in their role. Adrienne Church is General Manager at Prospa New Zealand. NZ Sales Manager.

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Why our small businesses are a BIG deal

NZ Entrepreneur

But while it’s true that New Zealand needs more globally successful brands bringing us in mountains of foreign cash, there are some very real reasons we need to place more emphasis on valuing and supporting our small businesses and small business owners. 2) Small businesses keep profits in New Zealand.