What are “Agreed Upon Procedures” and can they be useful for your business, community organisation or body corporate? What are Agreed Upon Procedures? Agreed Upon Procedures (AUPs) are a type of an engagement where a practitioner is hired to test and report on a specific question of fact. Unlike an audit or a review, the practitioner reports only factual findings and does not offer opinions, conclusions or assurances. You are… Read more
Well, there’s no time like the present. If you’ve been through the teenage years you are unlikely not to have heard this phrase, and it may or may not bring back good memories! But seriously – if you are thinking about investing in business assets, then 2020 really is a good time. Here are three reasons why: Interest rates are at an all-time low The Reserve Bank of New Zealand… Read more
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
Over the course of a few weeks nearly everyone’s business and life has been turned upside down. It’s been a crazy time with toilet paper shortages, businesses forced to close, an overload of information (and mis-information on social media). With the recent disruption in mind, we wanted to help support you however we can. We’ve seen many of our clients already impacted by the virus and decided to put together… Read more
If your company relies on suppliers in various geographic locations, it’s likely that at some point your business will face a supply chain disruption. Whether that disturbance is caused by a virus, regulatory lockdown, international tensions, changes in local laws or a natural disaster, there will probably be scenarios in which your suppliers or transporters face obstacles that affect your company. Here are some steps you can take to respond… Read more
Since the first internal corporate note was sent—probably reminding employees about casual Friday—companies and organizations have relied on written communications to keep employees up-to-date on company policies, procedures and changes happening within. These days, though, more companies are switching to videos to relay information to their staff. In a lot of ways, video is more effective than written communications. It grabs peoples’ attention, conveys important information quickly and is usually… Read more
Luckily for us Kiwis, New Zealand is globally renowned for being one of the easiest countries in the world to start a new business – quick, hassle-free and inexpensive. The majority of the set up can be completed online in just a few hours. But before you start filling in forms, the first thing to decide is what business structure is most suitable. Here, we’re going to look at the… Read more
Many complex moving parts are involved in operating a profitable company, but at its core, business success hinges on just one thing: customer relationships. Which is why customer relationship management (CRM) software is vital for entrepreneurs who want to grow their businesses. A CRM solution helps your company nurture and improve customer relationships by maintaining centralized data on all your leads and existing clients. With access to a history of customer… Read more
When you run a small business you likely want to spend as much time as possible on the tasks that make money for your business. Unfortunately, there are many day-to-day chores that require your time but aren’t necessarily worth your energy. Faced with those errands, many small business owners either spend their valuable time and energy on chores they hate or put them off until the last minute. That’s where… Read more