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Bay of Plenty Region
Wednesday, October 28, 2020

Rise of the Franchisee Entrepreneur

I remember my year 11 economics class and the subject of entrepreneurship; it was described as being “hard to define and even harder to...

Key questions to ask on an Information Memorandum

A business’s Information Memorandum is a summary of the business for sale and you use it to figure out if you are really interested...

Honesty the best policy for staff communications

The year ahead will be one of the most uncertain for New Zealand businesses. The world continues to grapple with the impacts of Covid-19...

Positives around a flexible and contingent workforce

A large portion of our workforce is working from home and the business environment this year has lent itself towards businesses being required to...

How to avoid or get out of debt

One of the things that have really helped me in my role as a debt advisor, debt prevention advisor and especially a repossession company...

Evidence of a V-shaped recovery

Investment market update (for the quarter ended 31 Aug, 2020) The global pandemic is not yet behind us. People in the northern hemisphere have been...

Protect your digital assets

Over the past few articles, I have written about the importance of protecting your business’ digital assets. However, when it comes to actually implementing...

If you don’t manage expectations, they will manage you

In the more than 100 disputes tribunal hearings that I have been involved in as a support person for my clients, a huge number...

What you need to do to get bank funding

In order to get funding from them to buy a business, there are three key areas that come into it: the equity you will...

How franchisors earn their keep, and their franchisee’s respect

There are a number of traditional reasons why the pundits such as myself spruik the virtues of franchising versus a stand-alone or independent business...

Flexibility is key in an evolving environment

When planning this article, we sat down as a team to discuss the current state of the employment climate and how when speaking with...

The global pandemic continues

The US has struggled to contain a widespread outbreak across many states, with new outbreaks having also occurred in parts of Europe, the UK, Australia, and Japan.

Be prepared for new Privacy Act changes

According to a survey by Digital Identity New Zealand (DINZ) in 2019, 79 percent of New Zealanders were concerned about the protection of their...

Bring your personality to the media interview

How many times have you watched a TV news item and felt like the interviewee was just reeling off a sales pitch? All too often...

When IP rights are bona vacantia it ain’t no vacation

In my last article I wrote about the importance of doing thorough due diligence on any business or asset acquisition. I recommended drawing up...

Established or greenfields?

The first consideration for a potential franchisee with a particular brand in mind is, do they look at purchasing an established franchise or starting...