A sustainable business focus is no longer the domain of good intentions. More and more future focused SMEs are looking to sustainable business practices to create long-term financial success, brand differentiation and improved social, environmental, and cultural outcomes. Wondering how to make your business more sustainable? Read more here
We first started our trial of the 4DWW in February 2020. After close to 12 months on trial, we have decided that it works sufficiently well for us to implement it permanently. We’ve had a lot of interest from others about our experiment, so we thought we’d pass on some of our learnings.
Here is were we will be adding our own comments and observations about the four-day work week. Feel free to get in touch if you want to discuss any of these comments.
There’s a saying in business, “You can go broke making a profit.” In this blog post Anne Stephenson talks through common cash problems in business, how you can sleep better at night and what a cashflow forecast will mean for you. We also created a document outlining the top 10 ways you can improve cashflow within your business.
For many, the word ‘budget’ is about as appealing as the word ‘diet’. It seems to imply what you will go without, rather than what you will achieve. A budget should be treated like a map and not a diet. Successful business owners see budgets as a way to help
set clear targets that they monitor closely and adjust as they go throughout the year.
In this blog post Anne Stephenson outlines 3 compelling reasons your business needs
a budget NOW!
Connected Accountants invests in wellbeing and has set about making it a core plank of our strategy. It isn’t a ‘set and forget’ but an ongoing commitment to improve and focus on the wellbeing of our team. We want our whole team to be happy and healthy and for that positivity to be felt by the customers we work with and the community that we operate within. Craig Hudson from Xero recently presented a personal and business case as to why empathetic leadership matters for you, your team, and your business and what you can do to help set the wheels in motion.
Open banking is a global trend that presents opportunities for SME’s in customer experience and business finance. We are on the cusp of radical changes in the financial system that will increase the efficiencies of getting paid, making payments, and securing fairer access to capital. Read more on how these advancements in technology will aid in a more efficienct and improved financial system which enables better advice for better business.
From January 2021 a new Trustee Act will come into effect bringing with it new expectations on trustees. A number of the changes are around the duties, obligations and responsibilities of the trustees to the beneficiaries. With somewhere between 300,000 - 500,000 trusts in NZ, these changes will have a wide-ranging impact. Have a read through what it may mean for you and your family trust.
Developing effective KPIs for your business and your team requires a balanced approach that looks at your business from the perspective of all stakeholders.
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