Better business

Image: Person multi-tasking

How to build a business that can run without you

How to build a business that can run without you 1200 630 Colin Kennedy

Are you micro-managing your team and, in doing so, ensuring your business can’t run without you?  All business owners, tax specialists included, pour their life and soul into the business and work hard to grow it. But at a certain point, even though it is hard to let go – and it is your expertise…

read more

How to diversify your business

How to diversify your business 1200 535 Colin Kennedy

The COVID-19 pandemic has honed many business owners’ minds about what parts of their business can continue to provide revenue if the rolling lockdowns continue. And it has undoubtedly had many business owners wondering how they can diversify their products or their markets to ensure the business remains afloat in both good times and bad.…

read more
Image: Skill being watered.

How to sell your expertise (give it away)

How to sell your expertise (give it away) 1200 630 Colin Kennedy

Tax is a scary thing for most people, and, as a tax specialist, you will know better than anyone, just how many business owners are intimidated by the whole area. As an expert in the field, it may help to educate both your existing clients and potential new clients on just how you can help…

read more

Why do some companies fail while others prosper?

Why do some companies fail while others prosper? 1200 630 Colin Kennedy

“It’s a funny market,” according to one business owner. “Some businesses I know are thriving, while others in the same industry are struggling just for cashflow.” The truth is that perhaps it is less a ‘funny market’ and more symptomatic of the type of market we have here in New Zealand and, importantly, how we…

read more
Image: Watch

How tax agents can kick the hourly billing habit

How tax agents can kick the hourly billing habit 1200 630 Colin Kennedy

It doesn’t matter how many times you hear this question; there aren’t many other questions quite as capable of putting an expert practitioner on the spot like a butterfly pinned to a display cabinet than the dreaded: ‘What’s it going to cost?’ For accountants, lawyers and others who sell their expertise, it sometimes seems the…

read more

How to protect your cashflow in a time of personal crisis

How to protect your cashflow in a time of personal crisis 1200 630 Colin Kennedy

Illusions of invulnerability – to feel somehow bulletproof – is often attributed to adolescents. In truth, more than 80 percent of the population have an optimism bias; we don’t believe bad things will happen to us. It is a luxury that business owners cannot afford to entertain. Plagues may sweep the world. Our friends and…

read more
Image: Padlock

Self-reliance key to surviving rolling snap lockdowns

Self-reliance key to surviving rolling snap lockdowns 1200 630 Colin Kennedy

The prospect of COVID-19 continuing to flare up around New Zealand and of alert levels being raised, even for between three and seven days, implies business owners could face a smattering of these disruptive, short-lived lockdowns for much of 2021. For any businesses reliant on foot traffic and person-to-person services these short, but still brutish,…

read more
Image: Business process

How to design a business process

How to design a business process 1200 630 Colin Kennedy

Dan Robbins died last year, aged 93, and you’ve probably never heard of him. You will, however, understand his relevance to business processes when you learn that Robbins invented the famous paint-by-numbers kits during the 1940s. Dan himself took inspiration from Leonardo da Vinci, who used number patterns to train his apprentices. If da Vinci…

read more

Are these two common business traditions losing you money?

Are these two common business traditions losing you money? 1200 630 Colin Kennedy

The practice of throwing coins into a fountain – to invoke the favour of the gods – is so widespread that in some places they have notices asking the public not to toss coins into the fountain because it’s terrible for the fish. There are some modern business practices that amount to the same thing.…

read more

Back to the office? Not as you know it

Back to the office? Not as you know it 1200 630 Colin Kennedy

Fresh out of lockdown in 2020, a lot of New Zealand companies were talking ‘working from home as the new normal’, but it hasn’t exactly worked out that way, and a remote workforce is looking increasingly unlikely – or is it? In July 2020 there were reports that the Auckland CBD economy would collapse due…

read more