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Getting traction on the Bike of Life

I ran a workshop recently in which I used one of my favourite tools for assessing business health and sustainability. Afterwards one of the participants came up to me and said the last thing you want to hear after a presentation: That made me depressed! When we sat down to review what she meant, it became clear that the tool had helped this normally gregarious person to identify how poor her social life had been, and what impact that might be having on her business. She had been s...

May 14, 2018

Key business lessons from Churchill and The Darkest Hour

I recently saw the movie The Darkest Hour. At its heart it’s about the anguish of making a decision. And what a decision! It depicts the dilemma Churchill faced before Dunkirk—whether to fight or whether to concede, knowing the consequences of both. It’s a decision he leaves to the very final hour, and on the basis of one conversation with the king he flips, and says, No, we have to fight.I can only imagine the pressure of having to make a decision that is life and death for thous...

May 14, 2018

Adding one more thing to the time management discussion

In the spirit of trying new things this year to bring about better results, I recently conducted a time management seminar. Time management is one of those areas that perpetually impacts business owners, and it’s also one of the most discussed areas of potential improvement. I’m sure you’ve come across the popular approaches, from Stephen Covey’s Big Rocks, to Alex Czarto’s Four Quadrants, to dealing with distractions and setting priorities. I wanted to take a different approach s...

May 14, 2018

Loving yourself is more important for your business than you might think

The directive to ‘love your neighbour as yourself’ is one of the most famous of all Bible quotes. Even people who don’t profess a faith tend to know this one and seek to apply it. I find it interesting because while the emphasis is on loving your neighbour, there’s the implicit teaching that you will also love yourself. Another term for this is ‘self care’, and it’s an important principle for running a successful business.We all know the phrase, ‘work on your business as much as ...

May 14, 2018

Drawing lessons from the (all-too-brief) history of the fax machine

Insanity is popularly defined as doing the same things over again and expecting a different result. When it comes to business, I would argue that if you do what you’ve always done, things will actually get worse. Why? Because the contemporary world is changing so fast that if we do the same things this year that we did last year, we’re going to get left behind.One of the questions we all face going into a new year is, how will this year be different to the last?I’d like to take that q...

May 14, 2018

Planning for Surplus

So, 2018 has begun. It’s that difficult time of year when we have to shake off the holiday malaise, crank the wheels and get back into the business of making a living. Our first steps will say a lot about how we approach not only our work, but also life, rest and relaxation in the year to come. I think the best place to start is by thinking about surplus. Surplus is probably the last thing you want to think about right now. Christmas, New Year, summer holidays—they’re all abo...

February 22, 2018

Finding your sweet spot

As we approach the end of another year you can expect to see a proliferation of ‘best of’ lists—the best movies of 2017, the best music, or the best TV series. I have a confession to make—the musician who has impacted me the most this year will appear on none of them.  His name is Godrey Birtill, a musician from the north of England, whose songs I love for the way they prompt me to think about life differently. Sure, the music is terrible (in my humbly uninformed opinio...

December 14, 2017

Gaining More Surplus

Article by Clinton Sanford. Image sourced from Unsplash....

August 9, 2017

Creating A Great Working Team

Thriving Teams - this was the topic of our recent quarterly workshop. A very timely topic given the incredible success of Team NZ in theAmerica's Cup. I take my hat off to the leadership of that team. A teamcomprising the full alphabet of generations - Baby Boomers, Gen X and Gen Y hasbeen molded into a focused, performing team. There is probably no secret formula, just a huge amount of determination,planning, action and reviewing of plans, along with all the usual clear goals,mutual respect, tr...

June 30, 2017

Waste

Processes either add value, or add waste to the production of an item or service. Waste elimination is one of the most effective ways to increase profitability in a business. To eliminate waste it is important to fully understand exactly what waste is and where it can be found. Toyota, the Japanese automobile manufacturer, after years of work to remove waste, identified the following seven wastes as the most prominent ones. These seven wastes apply to any organization: 1. Overproduction is...

March 8, 2017

How to gain control of your free time

There are 168 hours in each week. How do we find time for what matters most? Time management expert Laura Vanderkam studies how busy people spend their lives, and she's discovered that many of us drastically overestimate our commitments each week, while underestimating the time we have to ourselves. She offers a few practical strategies below to help find more time for what really matters to us, so we can "build the lives we want in the time we've got."...

January 31, 2017

Why are we so busy?

Extract from the Economist Why do people feel so rushed? Part of this is a perception problem....

October 18, 2016

IMPORTANT: Changes to Food and Drink Tax Deductibles

A bottle of wine or food given to a client or supplier as a goodwill gesture to be enjoyed in their own time, is no longer 100% tax deductible but 50% deductible. Check out what else is 50% and 100% in the PDF attached here:...

October 18, 2016

10 Holiday Marketing Ideas For Small Businesses

Holiday season is quickly coming upon us. Halloween, Guy Fawkes, Thanksgiving (if you're from the Northern Hemisphere), Christmas and then News Years are just a mere 12 weeks away. Even though your customers may not be thinking that far ahead, it's time we do. Here are some ideas towards your Christmas campaign that can help ensure your business is top-of-mind with customers this holiday season. Create Curb Appeal. Do something to make your store more noticeable. Take a step out on to the...

September 30, 2016

4 Types of Effective Referral Systems

Referrals often happen when they happen and, while you can't always control when one friend asks another for a referral, you can influence how often your referral sources think about referring your business. Referrals are important in business growth.You should look to build multiple referral systems, which gives your customers and clients opportunities to refer you. Here are some of the strategies you can adopt into your business to grow your referrals. 1. Direct referrals A direct referral ...

August 31, 2016

Are You Ready For Referrals?

Before you step out and start asking for referrals it's important to stop and know exactly what kind of referrals you are looking for. Our friends at Mindshop have some helpful steps about how to make this happen. Step 1 - Create a profile of your best client This step is about understanding WHO your best clients are. Think about your client base and who you have the most successful relationship with, the most fun with, who is easiest to deal with. Understanding who your 'best' client is e...

August 30, 2016

The Difference Between Bookkeeper & Accountant

A good bookkeeper and accountants are invaluable assets to your business, but how do you choose which one you really need. Clinton Sanford discusses the differences between the two....

August 17, 2016

4 Questions Every Leader Needs To Ask Before Moving On

Have you ever felt like you were out of place? That where you are, isn't where you're supposed to be? John C. Maxwell, leadership guru for over 20+ years, has a few key pointers about what you need to ask yourself before moving on. ...

July 26, 2016

What You Need to Do Before You Go On Holiday

Holiday pay has been in the news recently, and we know the Labour Inspectors from the Ministry of Business, Innovation and Employment will be checking that employers have been recording and paying entitlements correctly. Imagine this. You're sipping a wine under the hot Tuscan sun, or taking the family on a much deserved vacation to Fiji...when your phone buzzes frantically. It's Cindy, the new manager you hired before you left, having a query about the calculated holiday pay after she talke...

July 13, 2016

Creating A Great Working Team

High turnover of staff is costly. It burns through company resources and the "invisible costs" incurred in training, enculturing, getting up to speed and introducing a new employee to customers, all adds up. In fact, for a salary role of $40,000 a year, the average cost to business is between $20,000 - $30,000 in the first 6 months alone. That's why finding and maintaining a dedicated team is crucial to your business. Here's how you can do that. 1. The right stuff It's important to employ ...

July 12, 2016

Stressed out?

We are almost half way through 2016... How are your goals coming along? Click on the image above to read about setting and reviewing goals in order to assist with stress relief....

May 4, 2016

Doing things is not the same as getting things done

What on earth do we mean? Read the article by clicking on the image to find 7 ways to get the most out of your day. ...

May 4, 2016

Important Dates March - May 2016

Here's the dates you'll want to mark in your calendar for March - May of 2016. These dates apply to those clients for whom we prepare tax returns. Different dates will apply for those clients for whom we don't prepare returns. Please ask us if you'd like more information, 09 421 9020 ...

March 10, 2016

Mileage Rates

If you're self-employed you can use the Inland Revenue mileage rate to calculate the cost of using your motor vehicle for business purposes. Last year the commissioner reviewed the mileage rate for the 2015 tax year and decreased it from 77 to 74 cents per kilometre. If you have any questions or need templates to help calculate this rate, contact us on 09 421 9020 and we'll get you sorted....

March 10, 2016

Setting the Record Straight

Inland Revenue have signalled they will be looking at businesses' record keeping systems. Key targets will be that all jobs and all income are being recorded and that GST is being handled properly. Recent prosecutions indicate that PAYE records are another hot topic, along with the corresponding employment records. If sketchy records are a quick way to set off the IRD alarm bells, this could be a great time to do a sense check on your records and systems. As a business owner you're required by ...

March 10, 2016 Posts 1-25 of 55 | Page next
 

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