Five Tips to Avoid a Cash Flow Hangover

Obviously the Christmas-New Year break is a wonderful time of the year, but when it comes to cash flow in the New Year, seasonal cheer can turn into a nasty hangover if businesses are not prepared. Accounting software provider MYOB has five simple tips for avoiding the cash flow crash that will help mitigate the impacts of business seasonality. 1. Make hay while the sun shines “During peak times, we see countless businesses crammed...

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New Year, New You – But for How Long?
Feb01

New Year, New You – But for How Long?

    Each New Year seems to offer complimentary motivation for change. The trick is making the most of this ‘free energy’ by forging positive behaviours before it wanes. Think of your NY resolution as the cake and goal setting the ingredients – winging it might turn out alright on occasion, but having the right ingredients increases your chances exponentially. Here are some goal-setting ideas for when it comes to tackling the...

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Working with the Board
Feb01

Working with the Board

Kevin Vincent Managing director of  Vincent Consulting   www.vincentconsulting.co.nz In earlier years I have both enjoyed, and endured, working with Boards of Directors. Boards including the CEO or executive manager should have very defined roles within the organisation. If these roles are not clarified and understood, complications and inevitably conflict will arise. I see responsibilities of Boards as being: Recruitment, management,...

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Is Bitcoin a Good Investment?
Feb01

Is Bitcoin a Good Investment?

Jeremy Sullivan Authorised Financial Adviser at Hamilton Hindin Greene www.hhg.co.nz A colleague of mine was recently on their way to the airport when he struck up a conversation with the driver regarding Bitcoin. Very pleased with his returns to date, the driver proclaimed the end of traditional currencies and the endless upside potential of Bitcoin, and cryptocurrencies in general. Bitcoin is a decentralised digital currency which...

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Working on Your Business, Not Just in It
Feb01

Working on Your Business, Not Just in It

John Scott Bartercard CEO for Australia and New Zealand www.bartercard.co.nz It’s the age-old dilemma — when do you find time to work on your business and not just in it? Sometimes it’s easier said than done, and despite knowing that you should do it, many small business owners don’t truly understand what it means and what the benefits are. Starting up a business isn’t easy. While there are many inherent advantages to it, i.e. being...

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