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Business is built on social relationships
Aug. 31, 2018
In theory we like to think of business as a series of transactions. Businesses produce goods by buying labour, equipment, and resources in exchange for money, and earn profit by selling those goods to customers. In reality, however, this is a deeply oversimplified model of how companies really succeed. In the real world, business starts and ends with relationships, and successfully managing those relationships is the secret to success. -
Building a better business culture
Aug. 31, 2018
Business culture has traditionally taken a back seat to strategy. But 2015 saw the importance of corporate culture rise dramatically. 87 percent of organisations surveyed in Deloitte’s Global Human Capital Trends 2015 research cited culture and engagement as one of their top challenges. -
Does your financial institution fit the bill?
July 3, 2018
Cash flow management is a headache for small business owners everywhere. Not only do clients inevitably pay late (or not at all), but clients come and go, equipment breaks down, and random, unexpected expenses crop up at the least convenient of times. To keep the lights on and business running smoothly, businesses have to rely on a combination of careful money management and third-party financing. Unfortunately, choosing the right financial partner for your business is no easy task. -
What To Look For When Hiring An Accountant
July 3, 2018
According to our many identified personality types, it’s more often left brain people who have a propensity for numbers, but it’s the so-called right brain people who tend to be more entrepreneurial. Unless you are fortunate enough to sit in the centre of the personality wheel and have abilities with both numbers and creative ideas, you are going to need an accountant sooner rather than later. -
Keep On Track With Employee Training
July 3, 2018
Small businesses and startups typically work under enormous financial strain, and are constantly forced to examine their budgets to keep their operations lean and afloat. In many cases, business owners interpret that to mean relying on inexpensive low-skill labour, and requiring workers to “learn on the job”.
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It's been a revelation to us that we can use the information locked in our accounts to better predict and plan for growth.
James McGoram, Chief Digital Advisor at www.digitaladvisor.nz
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