Background Image

Topic: business challenges

5 Strategies to Improve Cashflow for Manufacturers, Wholesalers and Retailers

Any business needs good cashflow to prosper because cashflow provides the funds necessary to pay bills, cover operating expenses, purchase inventory stock, pay employee wages, provide positive customer experiences and to invest back into the business. Cashflow represents the money available at any given time to keep a business running. It accounts ... Read More

  January 17, 2020     

Goal Setting: Looking to the future of your business

Goal setting is an important aspect of both your personal and professional life. You might have personal athletic pursuits and goals of buying a house. When it comes to your professional life, you might be reaching for managerial roles or be seeking that yearly bonus. In order to reach your goals, they need to be […] ... Read More

  November 15, 2019     

How will peer learning help your workforce?

Training employees is a critical aspect for any company. There are a variety of methods and techniques used to conduct effective training sessions. There are workshops filled with presentations, guest speakers, and offsite team building days. With so many different options and approaches, how do you find the right one? Training is a large investmen ... Read More

  May 21, 2018     

P2P Training: Learning Through Teaching

Peer-to-peer (P2P) learning in the workforce is an effective method of conducting in-house training and professional development. It encompasses any learning platform or opportunity that is run by staff for staff where knowledge is imparted. Companies often have a professional development budget and although it is sometimes easier when everyone is ... Read More

  May 17, 2018     

The Five Stages of SME Business Growth

When it comes to launching your own start-up business, chances are you have dreams of making it thrive in the not-so-distant future. Every great company started off on a small scale and grew over time, and there are five key stages of growing a small business that can help you keep on track with your […] ... Read More

  April 16, 2018     

The Structure of a Balance Sheet Explained

A balance sheet shows what assets your business controls and who owns them. A balance sheet is a snapshot of a business’s financial health at a single point in time and lets you know precisely what things of value a business controls, also known as assets. Assets represent items of value that a business owns […] ... Read More

  March 12, 2018     

Uncovering the Hidden Costs of Small Businesses

Setting out to start your own business is ambitious and exciting. With ideas and dreams fuelling motivation, it’s easy to get enthusiastic about your new found freedom. After all, there is so much potential a new endeavour can bring. In order for a small business to develop and prosper, it needs to have strong financial […] ... Read More

  January 29, 2018     

Pests and Threats Challenging the Coffee Industry

For many people, a day without a coffee would be a struggle. Plenty of people drink coffee to help them wake up in the morning. Often, people say they feel more productive when they have a cup of coffee. Some people drink it to warm up in winter months or in colder climates. Others use […] ... Read More

  January 17, 2018     

What’s Stopping SMEs in New Zealand?

SMEs are important part of the New Zealand economy. According to the latest data from Statistics New Zealand, they account for 97 per cent (487,602) of all enterprises, 29 per cent (599,880) of all employees and an estimated 26 per cent of New Zealand’s Gross Domestic Product. Let’s take a look at some of the […] ... Read More

  January 10, 2018     

Obstacles and Opportunities for Beverage Industry

The beverage industry is highly competitive, which is why it is important to be efficient and stay up-to-date with nutritional trends and consumer tastes. Understanding the challenges and opportunities in both the industry and the market are important for any beverage manufacturer. Revenue in the beverage industry stems from the demand that is driv ... Read More

  November 22, 2017     

Beverages at a Crossroads: Five Challenges for the Industry

For many long standing beverage producers, the industry is at a crossroads. Sugar and soft drinks are in the middle of an image crisis, and even sales of many juice products are slipping. Consumers have undergone a paradigm shift; more than ever before, beverage consumers are demanding health-focused innovation from producers. Consumer tastes are a ... Read More

  November 14, 2017     

Building a dream team that works

Just as the All Blacks need every member on the field to be equally passionate, hardworking and skilled in what they do, so too must the workplace team be strong and passionate about their business. And here we are talking about every level of the business. A successful business is one where everyone loves to […] ... Read More

  October 26, 2017     

Getting it Right: Three IT Challenges for Small Business

This year has proven volatile so far for small and medium sized enterprises (SMEs). As small businesses fight for higher revenue and market share, one of the key hurdles is underperforming IT. SMEs are not the only victims of poor IT implementations – inefficient and unreliable IT is a limiting factor for many larger businesses. […] ... Read More

  October 19, 2017     

Seven Ways to Improve Collaboration in Inventory Management

When it comes to improving inventory performance, many businesses focus on technical improvements such as implementing real time inventory control, reducing excess stock and switching from spreadsheets to online inventory management tools. Improving your inventory team’s technical capability works best when the whole team is engaged and on board. ... Read More

  October 13, 2017     

Looking Ahead: Four Key Challenges for SMEs in 2018

The 2018 financial year has a range of challenges in store for small and medium sized enterprises. Businesses of any size are currently in a state of flux, with factors such as international trade disruptions, disruptive technologies, sustainability and the ‘on demand’ and ‘gig economy’ changing many corporates’ strategic plans. But what ... Read More

  September 26, 2017