Business – time to sharpen up?

Business – time to sharpen up?

There is an old saying – “When the going gets tough, the tough get going”.

In tough times such as we are all experiencing at present, we are finding that businesses are benefiting from analyzing their approaches, philosophy and the way they go about doing things. some would say that going back to the basics is a good thing and that you endeavour to make every post a winning post. We have observed that there appears to be considerable truth in this.

Sticking to the basics and doing everything scrupulously well and making sure that everything is done to the very best of your ability will clearly pay dividends. Differentiate yourself from your competitors and promote your points of difference and hammer home the advantage at every opportunity. Be seen to have gone the extra mile.

Another useful thing to do is to use the “downtime” to ensure that your house is in order. Review what you do, how you do it, why you do it and the processes you use. Can they be improved upon? should they be changed, tweaked or streamlined in some way? Are there any other efficiencies that you can incorporate into what you do? What about your structures? Staffing levels? Can you incorporate a guarantee of some sort into what you do? Do you have a refund policy (if appropriate)? What procedure do you adopt when there are disputes? What about a full financial and legal audit via your key advisors? Consider checking and reviewing your employment contracts, leases, terms of trade, supplier contracts and the like. These will pay surprising dividends in the long run.

Never let an opportunity go by and never let “downtime” be unproductive.

Why we need to ask you for information

Information Requirements New Zealand has passed a law called the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“the AML/CFT law” for short). The purpose of the law reflects New Zealand’s commitment to the international initiative to counter the impact that criminal activity has on people and economies within the global community. Recent changes

Read More »

New Enduring Power of Attorney Forms

New Enduring Powers of Attorney Forms There have been recent legislative changes (to the Protection of Personal and Property Rights Act 1988) which will affect those seeking to make Enduring Powers of Attorney. Some of these changes include: (a) less restrictive requirements for mutual appointments (b)  the adoption of standard explanations to explain the effects

Read More »

Your Digital Legacy

In this increasingly “digital” world  , have you ever stopped and thought about what might happen upon your death in terms of what becomes of your “digital” information. More and more of us are conducting our lives in cyberspace and therefore much of the information about us, our activities, interests, etc are contained in various

Read More »
Scroll to Top