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Simple Tips To Successfully Network With PeopleLooking for job opportunities?

Do you want more connections and to grow your business?

How about good referrals or possible clients?

These are just some of the many outcomes you will want to achieve when you connect with people or attend networking events, with your elevator pitch ready to help you make conversation and gain good connections.

But are you making good connections at these networking events? Or are you just collecting a handful of business cards that will just get dusty on your office table? Are you just wasting your time talking to random people? Read more…

Business StrategyWhen starting a business, your goal is to see your business grow and be successful. An effective business strategy is critical to achieving this.

That is why you need to invest time and energy creating your business strategy and mapping it out step by step to ensure it is well-organised and well-planned. 

Here are some tips to help you create an effective business strategy which will assist your business to grow. Read more…

Cash Flow Goals For Your Business To Grow

Cash flow Cash flow is the amount of money coming in and out of your business. Cash usually comes from selling your goods and/or services. The cash is used to maintain business activities, like paying for materials to make your products, employee wages, rent and other operating expenses.

Cash flow is the main indicator that your business is doing well. That is why many business owners aim to have a consistent positive inflow of cash.

But how do you achieve that?

How do you get more cash coming into your business?

If you are starting a business or thinking of ways to grow your existing one, here are some cash flow goals that you need to achieve to keep money coming into your business. Read more…

6 Reliable Ways to Fund your Business

ways to fund your businessIf you are an aspiring entrepreneur, you often have great business ideas that you want to pursue, such as a franchise, a new product, or a tech startup. Once you have realised the potential of your idea you start to become excited. You even start imagining how it will take form - the business strategy, operations, marketing, logistics, etc.

But your excitement may die down, as you come to realize the biggest question when starting a business.

"How and where do I find the money to start?"

Money is the life blood of business. If you don't have enough capital, you will have a hard time getting started.

Good thing there are options out there that you can investigate if you are looking for ways to fund your business. As a mentor and business advisor in Auckland, New Zealand, we have suggested some of the various financing options, including the pros and cons of each option to help you. Read more…

Business StrategyWhen starting a business, it is important that you have a roadmap to guide you. The business industry is very competitive and if you don't have an idea of what to do or where to go, you can easily get lost along the way. So whether you are starting a new business or planning to grow and expand your existing one, it is essential that you have a business strategy to focus your activities.

But how do you create the most effective strategy for your business?

Here are the steps that you need to consider: Read more…

Looking for a smarter and faster way to manage your business financial transactions?

Then you should work in the cloud!

If you are using small business accounting software that is not in the cloud, you are missing a lot of opportunities. Using traditional accounting software can take much of your time, often needs regular updating, has limited access, can be costly, and is sometimes not secured.

But when you use cloud accounting, many of these problems are solved. Cloud accounting is very cost-effective, scalable and easy to use. 

Not convinced?

Watch this animated video to find out more about the benefits your business will get once you use cloud accounting.  Read more…

Business PlanningA few decades back, it was a challenge for business owners to maximise their exposure and reach their target markets. These days, much has changed. With vast amounts of information and technology readily available almost anything is possible. Business owners can now reach their audience anywhere, anytime. The resources are there, you just need to choose the right strategies for your business. However, sometimes when your business is growing you have  less time to look at your business at a deeper level. Missing out on these essential business insights or becoming complacent with your existing business strategies can lead to problems. Before this happens, go over your business strategies and do some tidying up.

What are things that could happen to your business strategy that would require you to dust it off? Here are a few:

Read more…

Differentiate Your Business
What makes your business stand out? How are you competing against other businesses in your industry?

A part of being a business owner is working out how to differentiate your business and make it stand out from the crowd. Market competition can be tough particularly for start-ups and SMEs. You need to stay ahead and outgrow your competitors. While you may be satisfied with your current business status, growth still matters and being too complacent may cause future risks to your business. 

Here are some ways to help you differentiate and grow your business:

1. Keep your company under the radar. Great ideas, opportunities and strategies can be quite exciting but as you are creating these with your team, you may want to keep a low profile to avoid feeding valuable information to your competitors.  Read more…

Mentorship for Business GrowthAs cliché as it may be, "No man is an island." There is no way you can do everything on your own. In some way or another you need the help and support of other people to succeed in life - whether it's a personal endeavour or a business challenge. Help can come in different forms. It could be an idea or inspiration from someone you respect and look up to, or it could be advice from a trusted mentor.

What is a mentor?

One of the age-old forms of learning is by having a mentor (or mentors). A mentor can be called 'master', 'sensei', 'teacher', 'advisor', 'guru', 'coach' and so on. But what is exactly a mentor?  A mentor is someone who is more experienced in a field and is willing to teach and provide wisdom to his/ her student or apprentice.

In the business world, mentors are often referred to as the business advisors, executive coaches and financial advisors who help business owners in making important decisions for their companies. They teach new skills, offer advice or simply provide a new perspective on something that business owners are having problems with. 

There are several benefits from having a mentor particularly when it comes to growing your business. One of these benefits is getting an outside perspective on what is really happening in your business. A mentor can help you step back and see the bigger picture whenever you are clouded with uncertainties. The mentor is there to present you with a different angle on the problem and provide inputs for long-term interests of your business.  Read more…

5 Key tips for business growth

Business Growth Strategies
Business growth does not just happen overnight. Every business has to start somewhere and growth is rarely instant. No matter how successful a global business may have become, it once began as a small business serving a local or niche market.

There are many techniques successful companies have used to grow and thrive. You too can adopt a proven method and apply similar principles to grow your own business. According to Fergus Lee, Head of Capital Solutions at ASB, business growth can be achieved in three ways; a) build your business over time; b) borrow growth in partnerships c) or buy growth through acquisition.

But really, how does a business grow? This question has been puzzling business leaders and managers since the dawn of modern business. What is it about the global tycoons that allowed them to grow progressively from small businesses to the international business champions of today?  Read more…

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