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Being a business owner can be hard work. Let’s make it easier.
Will Your Business Survive To The Next Generation?
Over the many years we've been working alongside family businesses one thing has become clear: Only 1/3 of them will survive the transition to the second generation. And of that 1/3, only 1/3 of those will survive to the third generation. That’s not very good odds....
How To Get The Most For Your Business When It’s Time To Leave
If you want to get the most for your business when it's time to go, you'll need a plan. Yet many business owners have no plan or strategy about their business exit. They think the "man with the golden cheque" will appear when the time comes. They think...
How Many Of These 10 Common Mistakes Are You Making?
According to research there are 10 common mistakes business owners make. How many of them are you making? 1. No Clear Marketing StrategyYou never know where, when, or how a new prospect is going to hear of your business. If there's a mix of messages...
The New Trusts Law: Are You Ready For It?
If your children knew that they were beneficiaries of a trust how do you think that would affect them? Would they work hard and forge their own way in business? Would they ferret money away for their future so they could buy a house? Or would it foster a trust-fund...
Managing Your Team Effectively: 5 Basics To Get Right At The Start
Small businesses, by their nature, are going to be intimate. This means it is crucial to manage your team well. Working closely together often means you'll have to share the same goals and the same frustrations ... sometimes even the same work space. Getting the...
Your Brand Is More Than A Logo
A lot of people, when asked about their brand, will simply flourish their business card or point to the large letters emblazoned across their building and say "there, that's my brand". But your brand is more than a logo. Gary Cross talks about the difference between...
How To Get Rid Of Your Cash Flow Worries
Good cash flow is critical to the success of any business. Yet for many business owners, it's a constant struggle and the bane of their lives.One of the key issues affecting cash flow is the ability of your business to make good, sustainable sales. A few...
GilesCivil Limited – Success Story
When we first met Nicola and Joe Coombe they were 50% shareholders of a thriving civil contracting business. Two years later, their co-shareholder was retiring. Joe had been hands-on in the business for over 20 years helping to build it to where it was today. So it...
5 Ways To Manage Change In Your Family Business
Family owned and operated businesses are among the most successful in the country. They are the mainstay of the New Zealand economy. Inbuilt strengths of the family business often include commitment and culture. So too is pride in the business. Packaged...
Are You Making These 7 Mistakes When Dealing With Your Bank?
Dealing with your bank is never as straight forward as you think.Many business owners underestimate the pivotal role played by their bank. Sometimes it's deliberately ignored. But often it's an inadvertent mistake. Unfortunately, the importance of banking...