Banking is often more complicated than you expect it to be with different types of accounts, fees and fine print to take into consideration. You are able to get more out of your bank account if you pay closer attention to certain details. Re-evaluate Your Bank – Is It Still Suitable? Due to the…
Emergencies can crop up without any warning, but a business needs to be prepared for any eventuality. Unexpected disruptions to business operations can be prevented with a well-thought-out emergency management plan and recovery plan to help protect your business before, during and after an emergency. Natural disasters, such as floods, fire and earthquakes can strike…
Emergencies can crop up without any warning, but a business needs to be prepared for any eventuality. Unexpected disruptions to business operations can be prevented with a well-thought-out emergency management plan and recovery plan to help protect your business before, during and after an emergency. Natural disasters, such as floods, fire and earthquakes can strike…
There are times when the money that you may have in your possession isn’t quite enough for a major purchase (such as a car, a boat or a house) and you may need to obtain a loan. Deciding which type of loan is the right type for your situation needs to take into consideration your…
Partnerships and joint ventures are both valid structures for businesses, but there may be factors in place that prompt you to choose one over the other when it comes to deciding what’s best for your business. In some instances, a joint venture might be the preferred structure for the situation as is required. A joint…
Owning your own house may not have to remain a dream if you have been a KiwiSaver member for at least three years. Being able to purchase your first home may sound like a fantasy, but if you have been steadily saving over the years and remained a member with KiwiSaver for three years,…
With the demanding conditions that have plagued the retail industry over the past twelve months, business owners need to be aware of all the restructuring options available before it is too late. COVID-19 has unfortunately resulted in reduced foot traffic, store closures, the accumulation of legacy creditors and significant deteriorations in working capital positions. Even…
Streaming subscriptions, grocery shopping, click and collect. There are so many ways now that your card or bank details can be used online to pay for goods and services. Those details may be stored by retailers, and the data that those retailers possess may be in danger of being breached. That’s an ongoing risk of…
Starting a business needs a lot of preparation, time and effort. Therefore, running two businesses at the same time means that your workload is even greater, and will require even more preparation. You may choose to start another business if you have been making consistent profits for your first/initial business and you come across…
From petrol stations to hotels, to hair salons and fast-food chains and more, franchises are a common sight across almost every industry sector. With varying levels of complexity and market share, creating employment and prosperity for the nation, franchises are a business structure that you may want to consider investigating. Franchises can range from small,…