As the end of the year rapidly approaches, the Tax Working Group is hard at work reviewing the current tax system of New Zealand. The Tax Working Group is a consortium of professionals in academics, government, and industry whose expertise shapes the proposals presented to the government.The current proposals are expected to produce greater equity in the system and broaden the tax base to be used as funding for anticipated decreases in the rate...more
Normally, gold is priced relative to the global value which is based on global demand and global supply. A gold mine shuts down at the same time as the people in the area start wanting to buy more gold... and the price just about stays the same. Why? Because the global demand and supply has hardly changed... it's only changed in that particular area so it doesn't make any difference to the global price. So the best you can do with...more
Around this time the previous year, plenty of businesses need to freeze spending. All indications are that the recession is almost gone, so small businesses can get back to normal. Therefore, today is a great time to consider what the recession has done to your business. Think about how the economic changes have affected your industry in general. Has your customer base changed? Have your competitors started cutting prices? How about their service offerings? Are you keeping up? Recessions cause changes, and it is important to assess all aspects of your business. If you and your small business have been experiencing retrenchments, salary reductions or worse in order to survive the recession, there are some key points to keep in mind as things begin to get better. Firstly, consider the fact that several organizations are getting people again - this means that you can get new people from businesses that have went down the drain. But bear in mind that the same people may get a better offer elsewhere too. It is essential to satisfy them, or else, risk losing them to your competitors. Most people are are going for jobs that allows them to make more money to pay off their bills after the...more
While doing business in Europe it is extremely important to be aware of the cross-culture differences. Bearing in mind the cultural influences of a country are crucial for the success of your business. Are you planning to start out a new venture in Italy? Are you apprehensive about getting along with your clients in Italy?Well here is a list of...more
Waiting 30, 60 and 90 days for customers to pay invoices is one of the most difficult challenges small and mid-size businesses face. It can be particularly hard to manage your business when you're waiting for clients to pay.Invoice factoring is a solution for companies that don't have a large cash cushion in the bank. This problem isn't felt with...more
As its name implies, a business plan is a summary of how the owner of the business, a manager or an entrepreneur wishes to organize his business as well as lay down the procedures and processes needed in implementing the plans to a logical and fruitful conclusion. It sets down in writing a guide of the company's business purpose. A good plan has two main objectives: The first is to use it for internal management and planning while the second objective is to help convince outsiders into investing in their company based on the information contained in the plan.Though it is widely perceived in commercial circles that these business plans very soon become outdated, nevertheless the plan is a tool for planning your business success, which in turn helps managers to better comprehend the business objectives and then choose wisely from among a set of competing options.Business plans are dependent on the area of expertise within the organization that one wants to focus one's attention upon. There are business plans for marketing, finance, production and human resources. Each delves deeply into the technicalities involved and arrives at a suitable plan relevant to that particular...more
Owning a business means a lot of decisions to be made and employees to keep happy. Perhaps your business is located in a less than state-of-the-art facility, which could mean your employees are uncomfortable if the air conditioning isn't up to...more
Reputation management businesses are growing rapidly as more and more companies have gone online. These companies have realized a direct correlation between customer comments online and their production levels. Most shoppers these days prefer to go...more
Internet activity at this time of year increases substantially and many customers all looking for different things are accessing the various websites trying to find exactly what they are looking for. As a company we need to have the right tools at...more
Attraction marketing is a modern technique for gaining clients and making sales. It is very different than the traditional hard-sell tactics that used to be the norm. Because of this, it is a perfect way for people genuinely interested in customer...more
Personal branding is an often overlooked technique that has tremendous potential for financial success. It takes awhile to fully establish and, therefore, should be started early in the process to see the most benefits. By having a recognizable...more
Babies seem to be very sweet when they are nicely dressed up. So as to is why a good number of the mummies be in love with to shop for their infants. This truth gives you an idea about that the wholesale a little one garments market is an attractive...more