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Surviving the Coronavirus - Possible Recession Imminent

The latest Coronavirus announcement by the Government, creating a 14 day compulsory isolation for visitors, will have a significant impact on tourism and the greater New Zealand economy. This, plus the impact the virus is already having on some sections of the economy such as hospitality, along with the international ramifications brought from COVID-19 gives you a dangerous recipe for recession....

The “Great Business but I Have No Life” Paradox – And How to Solve It!

As a director of a nationwide SME advisory firm I have, over the last few years, been in a unique position to develop a deep understanding around the needs of business owners across many industries. The Number One Long Term Goal of Most Business Owners There is one common goal that is almost universal among all of these business owners, but unfortunately most will never achieve this goal, despite the fact the goal itself is, with a good plan, more achievable than many realise. So, what is that g...

Worrying new phenomenon blamed for plummeting business values in New Zealand.

If you own a small to medium sized business in New Zealand and selling up is on your mind, then be prepared for some stormy weather ahead. A recent survey showed New Zealand has more than 90,000 businesses owned by people aged 55 and over. Most of them will exit from their business within 5 to 15 years.Another survey indicated that 40% intend to leave the business in the next 5 years and 60% of them plan to use their business sale as their primary source of retirement income* In short there will...

The Biggest Business Issue Facing NZ Business Owners in 2020

We all know business owners in New Zealand face a lot of issues on a daily basis, and some of those can be a real challenge. It may come as a surprise for you to learn the results from a recent survey conducted by a business consulting firm, where NZ SME Owners [Small and Medium sized businesses] were asked what the biggest issue is in their businesses. “51% of the people interviewed, identified that achieving work/life balance was the main issue in their business and 41% identified their issu...

How to Grow a Small Business Into a Large Business

In today's session Peter Lawry from Business Success Partners Christchurch discusses "How to grow a small business into a large business". Peter talks through the steps that a business owner will go through, the process for change and most importantly some of the reasons why SME's want to grow. This covers off Succession Planning, getting ready for sale, creating a legacy and other reasons for growth. Interviewed by Craig Connelly, Peter shares some great tips and if you are looking to grow th...

Fast Five: Fergus & Alex at the Interiors Barn in Tirau

The Interiors Barn for several years has operated as a country destination for many seekers of uniqueness and quality. The owners, Fergus and Alexandra (Alex) Ewen have a created an amazing place to find furniture, antiques and all sorts of wonderfully quirkiness. Their aim when they first started was to import quality products that were affordable for the average Mums and Dads. They have kept this promise even as they shift to new premises. In the last month, the Interiors Barn has shifted to ...

The Friday Biz Thing #6

The Friday Biz Thing is now live. This week Phil discusses the differences between B2B and B2C (Business to Business and Business To Consumer) marketing and some keys things you should be doing differently. Craig has some insights on what your website should say to get peoples attention in the first 3 seconds. Check it out below. Apologies we got excited this week and went over our time but I think you will agree that it was worth the extra minutes! Leave a comment below if you have any questi...

Advice to business owners from business owners: Brent & Lyn Trail

From time to time we speak to our clients and glean some information that may be helpful to others. The business owners have good success and always provide some valuable tips based on our five questions we asked. The latest session was with Brent & Lyn Trail, from Surveying Services in the Bay of Plenty, and we're sure you will agree there are some valuable messages to be heard. If you have any questions, please feel free to leave a comment below!...

The Friday Biz Thing #5

Some great tips this week from Phil and Craig. How to get 10 extra hours back per week with one simple technique. How to get a free Search Engine Optimisation software tool straight from the insiders at Google. Its a simple yet powerful strategy packed interview this week. Do your self a favour, grab a coffee, grab a cold drink, grab the dog and sit down and enjoy this this short but powerful interview. ...

TYBTYL Finale: Master Task List

Welcome to our final video interview with Rob Dorey from Business Success Partners on the Transform Your Business, Transform Your Life series, where Rob goes through the Business program used to ensure businesses meet growth targets. In our final video, we look at the master task list, what is it and how does it fit into the whole sequence. We hope you've found this series useful, and always feel welcome to comment with your questions or to send Rob and Craig an e-mail if you have any questions!...

TYBTYL Part 8: Finance and Reporting Plus Systems and Processes

This is part 8 in the interview series with Rob Dorey from Business Success Partners where Rob covers Finance and Reporting plus Systems and Processes. These are the final operational elements and Rob gives great insight into how these two components play an important role for your business growth....

TYBTYL Part 7: People and How to Recruit Great Ones

In part seven of our Transform Your Business, Transform Your Life series Rob discusses people and the impact they have on your business plus successful recruitment techniques to ensure you get amazing staff. This session is pure gold so we recommend getting a coffee, a notepad and pen and strapping yourself in for some brilliant content! Robs passion for recruitment and HR is evident in this video and Rob successfully provides a guiding light for SME business owners around people in their busin...

The Friday Biz Thing #4

In today's show we look at two questions from our viewers. The first is from Paul who owns an Engineering Shop In Wellington. Paul has doubled his turnover and increased his staff however is working 70 hour weeks, spending weekends doing admin work, receiving less profit despite higher turnover and feels he is losing control of his staff. Our second question is from Kasey who has a good business idea, has been told funding is available and wants to know how to go about with getting it As always,...

The Friday Biz Thing #3

In our third instalment of the Friday Biz Thing, we talk about forming a sound business strategy, breaking down the structure of a business and in the digital realm a few tips and tricks on receiving clear, accurate data from Google Analytics while eliminating false positives. As always, get in touch if you have any questions....

TYBTYL Part 6: The 5 Pillars of Success: Sales and Marketing

In part six of Transform Your Business, Transform Your Life Rob and Craig continue their discussion on the 5 Pillars of Success, and how to take the right approach towards sales and marketing to achieve the best possible outcome for your business....

The Friday Biz Thing #2

In this weeks episode Phil shares some tips on staff reviews and Craig shows a way to create content for your website. Don't miss this one, some gold nuggets in there for sure....

BSP Live: The Friday Biz Thing! Two great short tips for you this week

Each week we share one quick hot tip on marketing and one hot tip on growing your business. The tips are provided by Phil Wicks of Business Success Partners and Craig Connelly who shares digital marketing tips. This week we have a great tip on selling your business and the biggest threat to your business over the next 5 years, plus an easy way to get a powerful backlink to your website from Google to give your website more strength and visibility....

Transform Your Business, Transform Your Life Part 5: The 5 Pillars of Success

What are five things at the backbone of any business, but when worked on make a successful business? Welcome to part five of our series, where Craig and Rob introduce the "five pillars of success". As always, feel free to contact us if you have any questions....

Transform Your Business, Transform Your Life Part 4: The Strategy

In this video Rob Dorey looks at the components of a business strategy and how you can use them to implement in your business. New to the series? Start with our first video here, or contact us below if you have any questions....

Transform Your Business, Transform Your Life Part 3: Business Vision

In part three of our series, Rob Dorey discusses the framework for establishing a business owner's business vision and how it dovetails into the personal vision. New to the series? Start with our first video here, or contact us below if you have any questions....

Transform Your Business, Transform Your Life Part 2: Personal Vision

In the second instalment of our "Transform Your Business, Transform Your Life" series Rob Dorey discusses the framework for establishing a business owners personal vision and how it dovetails into the business vision. Enjoy, and get in touch below if you have any questions!...

Transform Your Business, Transform Your Life Part 1: The Foundation

In our first video in the Transform Your Business, Transform Your Life sequence, Rob Dorey looks at the foundation of how a business advisor looks at a business and breaks it into manageable pieces to analyse. In this video Rob shows the breakdown of all the pieces and gives an overview of each. We will then break each one down into 5-6 videos that will be released over the coming days and weeks. Enjoy the content and any questions please contact us....

How to get the Maximum Value from a Business Advisor

Phil Wicks from Business Success Partners works with a lot of successful businesses and in today's interview we asked Phil how his clients use his services to get maximum value for their businesses. Phil has some great advice for business owners thinking of working with a business advisor so they start off on the right track.Any questions? Get in contact below....

What is Succession Planning, and Why is the Psychology of Retirement so Important for Success?

Tereza Murray: I'd like to introduce Rob Dorey a director of Business Success Partners. Rob specialises in working with business owners to take the business through to sale and succession. Rob, So what's the first step that business owners should know in preparing their business for sale or succession? Rob Dorey: In New Zealand we've got a massive number of SME businesses where the owners are in that late fifties or early sixties and the key thing people realise and they probably see amongst the...

What Does a Business Owner do Daily to Grow Their Businesses?

Craig Connelly: Hi there, today I am with Phil Wicks, from Business Success Partners. I’ve been working with Phil and his team for the last couple of months, the other day Phil and I were out calling on his clients and we got talking after the day had finished about a scenario in New Zealand's that is interesting. That is that 65 percent of businesses in New Zealand (SME businesses) trade less than an million dollars per annum. I had just mentioned to Phil, these other businesses in the same i...