Productivity

Do you feel like a slave to your business?

Feeling like a slave to your business implies a loss of control; thinking that you need to be available to your customers 24/7 and that your team can’t cope without you. It can also imply a victim mentality – that this is just what it’s like to be a business owner, and it’s something you […]

Understanding your revenue drivers

For your business to make money, you need to generate revenue. You produce revenue through your usual business activity, by making sales, getting your invoices paid, or taking cash from paying customers. So, the better you are at selling your products/services and bringing money into the business, the higher your revenue levels will be. But […]

Slam the door on scammers

You keep your system firewalls current with regular updates and a switched-on IT provider. What about the human factor? Scammers using social engineering can fool business owners and employees into revealing key business data. Just as people become wise to one technique, scammers develop another. They rely on people being friendly, helpful or naïve. Raise […]

The Value of Cashflow Forecasting for Your Business

Projecting your cashflow pipeline forwards is vital. To be able to navigate the future path of your cashflow, you need to start forecasting – so you can map out your financial position over the coming months and can take the appropriate action to safeguard your cash position. Plus, when you have access to detailed forecasts […]

Why Productivity Matters and what you can do about it.

Productivity is a term associated with strong economies, robust businesses and the efficiency gains of clever staff. If only businesses were efficient, then we would have fewer of them failing, more employment and better incomes for owners and workers alike. In New Zealand, according to The Xero Small Business Insights Special Report, Small Business Productivity: […]

5 ways to get in control of your business finances

Having proper control of your business finances is a big advantage. It helps you make well-informed business decisions and keeps your organisation profitable. With so many digital tools for managing your bookkeeping, accounting and management reporting, it’s never been easier to manage, track and forecast your financial position. But what are the main tools you […]