Free expert advice for Auckland businesses

New Zealand recorded its sharpest quarterly contraction and officially entered recession as second quarter economic data was released this week. The median forecast of economists polled by Reuters showed GDP shrinking 12.8% quarter-on-quarter in the three months to June. The strict pandemic lockdown measures battered economic activity, but the economy has since somewhat bounced back. Still, there is a lot of uncertainty ahead. Let’s look at what’s happening to help…  Read more

Taking your business from survive to thrive in a recession

The pains caused by a recession can be excruciating, which is why most of us dread the thought of it. A recession can mean layoffs, jobs becoming harder to find, and wages frozen, which means consumers hunker down and spend less– often worsening the economic slowdown. For most businesses, especially small businesses, recessions can be brutal. For example, the Global Financial Crisis (GFC) that struck the world in 2008. Between December…  Read more

COVID-19: lesser-known business support schemes & resources

We know that the recent return to COVID-19 lockdown level 3 in Auckland is unfortunate news for struggling businesses, especially in the retail and hospitality sector. As distressing as this is, we’d like to point you in the direction of ways you can cushion the pandemic’s economic impact – some of which you may not have heard about. We also through a couple of interesting COVID-related articles into mix. Business…  Read more

What business leaders have learned during COVID-19

In the last few months, we have done more online shopping, curb-side pick-up, and Zoom workouts than ever before, and it is pretty clear that the global business landscape has changed. Perhaps forever. Through it all, entrepreneurs and business owners have reduced, enhanced, retargeted and outright pivoted their product and service offerings to evolve in the face of change. This global response to the pandemic will define the way we…  Read more

Post lockdown business planning: how we can help

AUGUST UPDATE: Fully funded support is available through the Regional Business Partner Network. Please talk to us to see if you are eligible to apply. Read more below. As a small business owner in the midst of the global pandemic, you’ve probably had to make changes to your business model. Whether it was hosting meetings with clients on Zoom, learning about encryption technology to allow employees access to sensitive information…  Read more

Covid-19: running a not-for-profit in a changing world

Every not-for-profit organisation will have had different experiences over the last couple of months during the ongoing global pandemic. But most will have experienced a reduced ability to raise funds through traditional methods and have had to make difficult decisions to suspend events or fundraising activities. Your organisation may also have been hit as gaming trust funding dried up with pubs, clubs and bars shut. The not-for-profit sector provides an…  Read more

Life after lockdown: tips for the new world

After spending almost five weeks in level 4 of the COVID-19 lockdown at home and enduring strict sanitation and supermarket rules, many are finding the ongoing crisis overwhelming. Don’t worry, you’re not alone, and it’s not uncommon to feel overwhelmed from the drastic changes we’ve had to make to our daily lives. That’s why we’ve made a handy list of tips and tricks to help you handle the new world…  Read more

Fast facts on the temporary loss carry-back scheme

If you’re a New Zealand business that has been affected by the economic volatility which COVID-19 has brought, you may have already heard about the COVID19 temporary loss carry back scheme which the New Zealand government rolled out in the week beginning 27 April. This bill has been developed to take the financial strain off businesses who may have large amounts of tax to pay, but expect to, or are…  Read more

Rebuilding: latest COVID-19 business support & initiatives

With Alert Level 2 underway and most businesses now able to cautiously reopen, we are preparing for the next phase of the COVID-19 crisis: rebuilding. The Rebuilding Together Budget 2020 released last week, along with other government initiatives, have given businesses some financial and practical support for the coming weeks and months. We take a quick look at some of these. Wage subsidy extension The wage subsidy extension will be…  Read more

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