Lee Timutimu combined his experience with technology and Māori storytelling and used it to create a novel startup: Arataki Systems. But his journey demonstrates that success in business is as much about drive as it is knowledge or skill, writes Kellie Byrnes.
Are you a loyal customer and stick with the same suppliers through the good times and the bad? Or are you happy to shop around and switch suppliers based on the best deal?
No matter what industry you’re in or how big your operations are, guaranteeing sustainable business growth relies on a few key management practices, writes Ann King.
People get into small business for a host of different reasons, but all eventually find cause to move on. Here are five exit strategies that any small business owner should consider long before it comes time to pull the pin.
The stresses of jointly running an SME can strain most interpersonal business relationships, sometimes to the point where co-founders believe they can’t continue. Fortunately, an equitable solution may not be out of reach, writes Mark Phillips.
Not only does a solid succession plan improve your company’s value, it also provides something every good business manger strives for: your employees’ peace of mind.
Startup founders and small business owners are often quite passionate about their businesses, and while passion is an important part of building a business, it can sometimes lead to lack of clarity and can impact effective decision making. That’s where advisory boards come in.
De-cluttering isn’t only for shelves and sock drawers – the Marie Kondo magic works for marketing plans, too.
Four-day weekends, public holidays, restricted shop trading days, leave entitlements, days in lieu… Easter can feel like the perfect storm for small businesses or those taking on payroll alone.