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Are You In Control Of Your Business?

YoungUpstarts

Does your spreadsheet allow you to see trends and forecast at a glance? Monica also runs Mark My Words Ltd , a New Zealand based company that helps developing businesses with their content strategy, SEO and marketing voice. Up with the trends. If I haven’t convinced you to ditch the spreadsheet yet – this might be the clincher.

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Innovation: The Key To Entrepreneurial Success

YoungUpstarts

With Asia’s share of global research and development forecast to grow to 40% this year, the quest to drive innovation is at the forefront of conversation among business leaders and entrepreneurs in the region. Thinking Aloud innovation Karen Reddington organizational culture organizational development'

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How the Internet of Things is impacting New Zealand businesses

NZ Entrepreneur

Power generation in New Zealand is a major industry that is certainly seeing the benefits of implementing IoT systems, starting from the basics of machinery being able to monitor itself for issues to enable proactive maintenance, to more complex capabilities – such as being able to make its own decisions.

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11 tips for reducing costs in small business

NZ Entrepreneur

According to the latest MYOB SME Snapshot, a survey of over 500 local SME operators around New Zealand, most believe the economy will decline in the next year, putting further pressure on cashflow and margins. Make sure you go back and look over your budgets and forecasts and see how you’re tracking. 2) UNCOVER HIDDEN COSTS.

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How AI is literally helping Kiwi businesses grow

NZ Entrepreneur

Myles Matheson, a Data & AI specialist at Microsoft New Zealand, says the first step in talking to customers about AI is to understand what it means to them. Although this is less about the functionalities of ‘how’ to do it and more about ‘why’, it is a critical business tool to aid in growth. Selling’ the concept of AI.

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Is my business idea feasible? Key questions to ask before you start.

NZ Entrepreneur

Check your business name doesn’t conflict with that of another business, by looking up the free online registers provided by the Intellectual Property Office of New Zealand and the NZ Companies Register. What’s the financial forecast? The more detailed and objective your financial forecast, the clearer your feasibility picture.

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Have you done your annual entrepreneurial health check?

NZ Entrepreneur

The current New Zealand economic climate is buoyant and businesses are well positioned for growth. Additional funding requests – requesting funding over and above those forecast by the company can be a tell tale sign that all is not well. The post Have you done your annual entrepreneurial health check?