Pro Business advice

Pro Business advice
Drive performance by better understanding the numbers
Hawke’s Bay’s economy is booming. The region is experiencing growth across a range of sectors and industries, unemployment numbers are dropping, house prices continue to rise and there is an air of business confidence within the region which is encouraging business owners to look to their future and what opportunities these positive developments could bring. One of these opportunities is...
Pro Business advice
Strategic planning for business success
In our experience, we find many businesses rate strategy as hugely important but don’t have the time, skills or knowledge to implement meaningful strategy in their own businesses. This often stems from business owners being subject to the ‘tyranny of urgent’ – meaning everyday tasks often take precedence over the more valuable and highly necessary big-picture requirement of taking stock...
Pro Business advice
Construction sector in good health but …
The construction industry in New Zealand has been experiencing a period of sustained growth and the highest activity levels ever. This is evident on our back door steps too as we see many new developments underway or planned here in Hawkes Bay. The question is whether the businesses in the industry have adequate margins, staffing and cash flow to sustain...
Pro Business advice
Protecting your assets in the event of insolvency
Despite being law in New Zealand for well over a decade, the Personal Property Securities Act 1993 (“PPSA”) remains a mystery to some and misunderstood by many. The minimal time and costs involved in protecting your interests under the PPSA can make a significant impact when compared to the economic loss you could suffer when the correct procedures have not...
Pro Business advice
Too small for independent advice?
Many small business owners assume that company boards are for the big boys – yet the benefits of independent directors or advisors apply to all businesses, irrespective of size or structure. Owner-run businesses can be averse to appointing outside directors or advisors, driven by a mix of ‘she’ll be right’ mentality, a desire to keep everything in ‘the family’ or...
Pro Business advice
Stick to what you know
The topic of how difficult it is to find a tradie with capacity is a popular one at the moment, which leads me to believe that accounting, paperwork and tax will not be top priority for those in the industry. Now is a great time to look forward and decide what direction you want your business to go in 2018....
Pro Business advice
Addressing partner misalignment
Whether you want to grow, to retain market share or even explore exit options, it's important that you have a good idea of what's going on in your business now. Sometimes this can be difficult when you have more than one stakeholder, as is the case with many small to medium sized businesses with multiple owners. Certainly, it is important...
Pro Business advice
Real-time accounting software helps streamline businesses
Real time accounting software and other business applications can help run your business and make your life a whole lot easier. The overwhelming increase in industry specific add on applications which integrate with accounting software enables business owners to create their own customised accounting platform. Here are some key apps to consider in order to streamline your entire hospitality operation;...