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Credit card do’s and don’ts

Posted on Nov 29, 2018 by admin

Credit cards are useful financial tools that can help you manage cash flow but can run you into debt if you are not careful. Before you swipe your first credit card consider the following do’s and don’ts, so you gain all the advantages without the headache of a tarnished credit rating. Do’sThere are several actions you can take that will help you manage your credit card. Follow these rules: Try to repay the whole amount owing by the due date to avoid interest mounting up Switch up your payment methods with debit cards to keep your credit owing manageable Be […]

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Keys to success for new hires

Posted on Nov 29, 2018 by admin

Helping your new hires succeed is within your business’ interest to maintain productivity and reduce the costly and time-consuming processes of recruitment. Here are some tips to make sure your new hires excel in your office. Provide adequate trainingA new hire may have all the talent in the world, but without the relevant training, they will not be a valuable addition to your workplace. Your onboarding and chain of command are vital in this process. Set clear expectations and give high-quality training to your new hire, so they are empowered to achieve excellence. MentorshipA good mentor can make all the […]

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Mental health tips for small business owners

Posted on Nov 29, 2018 by admin

Small business owners are constantly under stress and pressure, which is why it is important they look after their mental health. The following tips will help you manage your mental health as a small business owner. Have a reliable support networkFriends and family are vital to anyone’s functioning; however the unique challenges small business owners face means they may benefit from connecting with like-minded thinkers. Consider joining a small business owners groups on Facebook or LinkedIn. These networks are helpful as the members can relate to your problems on a deeper level. Both business groups and your nearest and dearest […]

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Productivity tips for entrepreneurs

Posted on Nov 26, 2018 by admin

Entrepreneurs may feel like the day is too short for the number of tasks they have to accomplish. Changing small habits in your day can help you manage your workload better. Follow these productivity tips for daily benefits. Stop multitaskingJuggling multiple projects and deadlines is part of the deal for entrepreneurs, but that doesn’t mean you should work on different things at the same time. Plan your day, so you focus one on task at a time. By giving your undivided attention to something, you are more likely to get the job done with greater efficiency. Set micro-deadlinesBig picture thinking […]

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Benefits and problems of niche marketing

Posted on Nov 26, 2018 by admin

Business owners thinking about specialising their products and services to target a niche market should know the benefits and risks of this business strategy. Niche marketing is the business strategy of targeting a specific subset of a market. Here are some benefits and problems of niche marketing that will help you build a business strategy right for you. BenefitsNiche marketing can provide the following benefits: Less competition as the base of interested customers is narrowed Increase brand loyalty as you are providing goods or services difficult to find and customers are more likely to return to invest Gain a higher […]

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Impacts of overseas travel on your KiwiSaver

Posted on Nov 26, 2018 by admin

KiwiSaver members who go overseas for an extended period will not receive all the benefits their accounts usually give them. Find out what you are entitled to when you go away so you can make the right financial moves. Contributions while you are awayYour contributions will automatically stop once you cease work in New Zealand and you may need to contact your KiwiSaver provider about this. However, you can make voluntary contributions at any time while you are away. Refer to KiwiSaver information on how to do this. Benefits you are eligible forYou will not receive a member tax credit […]

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Ways going green can save your business money

Posted on Nov 20, 2018 by admin

Going green at your office will reduce your environmental footprint and save you money in the process. Follow these tips for eco-friendly policies that will benefit your business’ bottom line. Reduce utility billsUtility bills for electricity and water are significant costs to your business. Use LED light bulbs with higher energy efficiency ratings and install environmentally friendly water systems. Ensure that your electrical appliances are turned off when they are not being used and switch off your powerpoints at the main at the end of the working day as even the smallest costs can add up over the course of […]

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Avoid corporate jargon in business

Posted on Nov 20, 2018 by admin

Corporate jargon may seem like language that will make you appear more professional, but in reality, it may harm your business interactions. Common corporate cliches are detrimental as they make you less relatable, engaging and clear. Terms to avoidCommon corporate terms include: Taking it to the next level Think outside the box Lean thinking Game changer Get on the same page Give 110 per cent Why you should avoid themWhether you are presenting to clients, investors, colleagues or engaging with customers, these corporate terms will detract from what you are trying to say for the following reasons: Cliches make you […]

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Fostering healthy workplace competition

Posted on Nov 20, 2018 by admin

Bringing out your staff’s competitive side can lift the performance of the entire business and boost productivity. However, competition can turn any workplace toxic so it is essential to get the balance right. These strategies will ensure competition in your office contributes to a healthy and positive workplace environment. Reward instead of punishingTarget the top rather than the bottom in workplace competitions to facilitate a positive change in the office. Although you might want to track low performing employees, singling out or punishing may contribute to workplace bullying and detract from team work. Rewarding high performing staff is a great […]

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Leadership mistakes to avoid

Posted on Nov 8, 2018 by admin

Leadership mistakes contribute to falling standards around the office due to a lack of motivation or inefficient management. Here are some leadership mistakes to avoid in the workplace. Being hypocriticalLeaders that do not meet the expectations they set will lose the loyalty and respect of their employees. If you require your staff to come in ten minutes early every day or are strict on their lunch break, follow your own rules. Setting a consistent standard will make employees feel they are being treated fairly. Shifting blameEmployers that do not take accountability for their own mistakes and shift blame onto their […]

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