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BusinessCompanies that thrived during a recession (and how they did it)
New Zealand business recession stories
In 2006, Rod Drury founded Xero, a cloud-based accounting software company in New Zealand. When the Global Financial Crisis (GFC) hit in 2008, businesses struggled, but Xero saw an opportunity. They recognised that small businesses would look for cost-effective and efficient solutions to manage their finances remotely.
Despite the recession, Xero focused [...]
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GSTV: NZ Business
Watch Michael Vukcevic have a chat with Damien Grant from Waterstone Insolvency, about New Zealand business – covering opinions on the NZ economy. https://youtu.be/d728GO-TyNY
Your life can change in an instant
I have again been reminded of how life can change in a nano, or even picosecond. The moment you find out that a significant someone has passed. I’ve been reflecting on how many people that one person reaches and affects. My partner’s best friend/confidante/buddy/flatmate and best man died suddenly. What made it unbelievable was that […]
A mind-altering practice that’s good for business
Imagine a work environment where people don’t take delight in your missteps and your peers don’t pass on any judgment. It seems somewhat impossible. Instead, imagine an environment where people learn to work cooperatively and constructively. Decisions are made with purpose and clarity. Team efforts are valued above personal triumphs and employees don’t feel the […]
Buying a business
We come across many instances where people are looking to purchase a business. Sometimes they have a business, know what they are looking for, what they should be paying, and the areas they need to focus on for due diligence. Other times we have first time business buying queries. These are often focused around uncertainty […]
CGT thrown out the window – Land Tax implications?
As soon as the Tax Working Group released their interim report in September 2018, potentially recommending the introduction of a capital gains tax, human nature dictated that there would be those amongst us that would panic, and commence down a path of looking to dispose of any asset, particularly land, that could be exposed to […]
