EXPLOREMY LIBRARY
Business & Finance
NZBusiness+Management

NZBusiness+Management August 2019

NZBusiness + Management With two top business magazines combined into one digital issue, NZBusiness + Management offers a feast of information, inspiration and education for business leaders and owner managers from SME through to corporate. In Management our focus is to inspire New Zealand’s business leaders and the managers of today and tomorrow to succeed in business. NZBusiness was developed specifically for business owners, the editorial content is designed to inform, inspire and educate readers. Feature articles provide more in-depth information whilst profiles and case studies provide inspirational and aspirational content.

Country:
New Zealand
Language:
English
Publisher:
Adrenalin Publishing Ltd
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4 Issues

in this issue

2 min.
ask and you shall receive

In this issue’s ‘Snippets’ section, there are some interesting figures from Stats NZ around the make-up of New Zealand’s business community. Two of the standout facts for me are that, in the 2018 financial year, small businesses (one to 19 employees) accounted for one-third of all businesses; and businesses with no employees, including the self-employed, accounted for 63.7 percent of businesses and 13.6 percent of sales. In 2018, again quoting Stats NZ, there were more than 160,000 small businesses in this country. We are a nation of small businesses – and one of the world’s most highly competitive marketplaces – due, in part, to our relatively small population. But on a recent trip to Thailand I was reminded that Southeast Asian countries are just as enthusiastic about small business ownership as we…

1 min.
new to nzbusiness.co.nz this month

OVERESTIMATING COMPETENCE A SET-UP FOR FAILURE THE KIWI FEEL-GOOD FACTOR, OR OUR TENDENCY TO SELF-INFLATE OUR COMPETENCE, IS TERRIBLE FOR BUSINESS AND ONE OF THE REASONS SO MANY SMBS FAIL EVERY YEAR, SAYS A PROMINENT NEW ZEALAND BUSINESSMAN. LAYBUY BUILDS A GLOBAL BUSINESS GARY ROHLOFF, CO-FOUNDER AND MD OF KIWI 'BUY NOW, PAY LATER' SERVICE LAYBUY, EXPLAINS HOW HE AND HIS SON ALEX CREATED A GLOBAL SOLUTION. HOW TO ACHIEVE YOUR GOALS AND ELIMINATE NEGATIVITY A Q&A WITH SPEAKER AND MENTOR TRACY JOHNSON ON GOAL-SETTING AND RESILIENCY, TO HELP BUSINESSES AND INDIVIDUALS OUTLINE CLEAR STEPS TO ACHIEVE THEIR GOALS.…

8 min.
snippets

EXPENSES A PAIN FOR SELF-EMPLOYED THIRTY PERCENT of contractors, freelancers and the self-employed say keeping on top of expenses, and knowing what they can claim, is the most disliked task of their financial admin. Tax agent Hnry recently surveyed self-employed Kiwis on a range of financial issues. CEO James Fuller says it can be particularly stressful each year as the tax return filing deadline approaches. “A lot of contractors and freelancers will spend their free time rummaging around down the back of the sofa or thumbing through that stack of old mail that sits in the kitchen, trying to find the receipts they need for their tax return. It's crazy how much time and effort we spend trying to hunt down these little bits of paper.” It’s estimated that for at least ten percent…

4 min.
business on a leash

It was Phoebe who first greeted me at the Newmarket office where I was to interview Jane Boyd, the founder and owner of Louis & Phoebe Pet Boutique. Phoebe is a delightfully cute Cairn Terrier Schnauzer Cross and part-time receptionist and, as Jane informs me, a former rescue dog from the Humane Society. Phoebe is also modelling one of Louis & Phoebe’s brightly coloured pure leather collars, and while she settles for a quick snooze, Jane explains why she gave up a successful career in sales management to launch her pet boutique business marketing a range of high quality pet products. We’re talking leather collars and leads, beds, coats, merino clothing, eco-friendly toys and 100-percent biodegradable corn-starch poo bags. Her sales career had largely revolved around the retail food and hospitality industries.…

4 min.
addicted to risk

Sue Duncan has learnt a lot in her 30-plus years in the highly competitive events industry. And one of those lessons is that as a serial entrepreneur she really isn’t an ideal employee. Sue is a risk-taker who likes running her own businesses; building something and backing herself. “I guess I am a person who likes to find a better way to do things. I am an inherent risk-taker because safe doesn’t extend creative spirit.” And she has proved her entrepreneurial skills on several fronts. In 2004 Sue established Soiree Events which went on to become one of New Zealand’s foremost event management agencies, producing events for leading corporate companies and high net worth individuals. Soiree was “renowned for creating extraordinary event experiences – where outstanding creativity embraces meeting strategic business objectives,” according…

9 min.
the life of brian

For South African-born Brian Dewil the entrepreneurial gene is firmly established in the family. From a young age Brian helped in the family business, Call of Africa Safaris, which has been operating for 35 years and organises safaris throughout Africa. His father also owns a game farm and lodges across southern Africa, while both his brothers are entrepreneurs (one a movie director whose work includes writing and directing actor Paul Walker’s last movie). But Brian had long harboured a desire to implement his own business strategy and direct his own business. In his experience most companies are apprehensive about allowing an entrepreneurial spirit to flourish through its employees – and yes, even a family business. He’d watched the progress and dynamics of a US start-up that began as an on-demand concierge…