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BusinessThe hidden cash flow leaks that drain your business
Growing businesses face a puzzling situation – sales are increasing, but bank balance remains low. This cash flow disconnect leaves many business owners wondering where their money goes each month. The growth paradox For many New Zealand family businesses, growth brings unexpected challenges. As revenue increases, available cash often decreases, creating a cash flow squeeze […]
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Being too positive is dangerous
As Alfred E. Neuman famously said, “What, me worry?” In October, I facilitated a discussion with Bruce Sheppard (CEO of Gilligan Sheppard) and Evana Lithgow (Managing Partner of Working Minds) to add to our series on life and business post-lockdown. The discussion centred around how do we deal with, and face the uncertainty of the […]
Valuing SMEs in New Zealand
We all know New Zealand is a country with a high number of small to medium businesses (SMEs). This may mean we are entrepreneurial, value working on our own terms rather than those dictated by employers, wish to utilise our skills or turn our ideas into action or a myriad of other options. How then […]
Managing our debts
I was recently listening to the audio book ‘Game of Thrones’ and the saying “A Lannister always pays his debts.” struck me and reminded me of the incidents of two entities: both were from overseas, both engaged New Zealand professional services and both neglected to manage their debts. It was so easy walking into an office having a lengthy talk […]
A battle of wills – negotiation tactics
Imagine if you will, a boxing ring. The arena is dark, there is no audience and there are only four people present – the guy in the red shorts, the one in the blue shorts and a second for each boxer. The second for the boxer in the blue shorts has had many years of […]
GSTV: Business fatigue during lockdown
Gilligan Sheppard’s Michael Vukcevic facilitates a discussion with Evana Lithgow (from Working Minds) and our own Bruce Sheppard. Optimism can be dangerous, but so can panic which tends to leave you in a situation where you do nothing…
