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11 tips for reducing costs in small business

NZ Entrepreneur

With inflation reaching a 30-year high, small businesses across the country will be looking for ways to reduce costs amid cost of living and rising price pressures. The right advisor can help you audit your existing systems and processes, business and sales strategies, and make suggestions on how to sustain and grow your operations.

Cost 90
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Top tips to protect your small business against a cyber attack

NZ Entrepreneur

As the adoption of digital tools has become increasingly more important for doing business, it’s crucial that business owners know how to protect themselves and their operations against cyber-attacks, says MYOB’s Head of Information and Cyber Security, Peter Wolski.

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5 strategies to make your business more efficient

NZ Entrepreneur

Time is a precious commodity, and when you’re a small business owner, it’s typically the thing you wish you had more of. It can be a hard road to navigate, but here are five strategies to make your business more efficient and streamline your small business. Assess employee productivity and processes.

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Mixing personal and business finances common but not always optimal

NZ Entrepreneur

If you’re a small business owner or entrepreneur mixing personal and business finances to support your business, you’re not alone. Intertwining your business and personal finances leaves you at risk of diluting your personal wealth, and could risk leaving your personal savings looking depleted.

Finance 105
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Asia Pacific SMEs Must Look To Cross-Border Trade

YoungUpstarts

The power of small business in today’s digital age is clear. If it’s the right idea, you can get a start-up moving with the speed of how fast you can text – almost everyone has a basic business platform in his or her hands right now with just a smartphone and one-click access to a shipping provider. By Dr. Karen M.

Asia 100
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What’s the Secret to Your Success? With Michael Chinnery of Divinity Olives

Up and Running

Olives are harvested on the Chinnery’s land in New Zealand. In Mangawhai, located in the New Zealand countryside, lies a beautiful olive grove. This grove is the site of a family-run business that plants, grows, and harvests these olives and then uses them to manufacture premium quality extra virgin olive oil.

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SME business owners face mental health “crisis”

NZ Entrepreneur

MYOB country manager Ingrid Cronin-Knight says small business owners tend to put a lot of pressure on themselves to perform, maintain their business, pay staff and earn a living, which can lead to increased levels of stress and anxiety. Business owners also report losing sleep over their business operations.