Tag: Management
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Shareholder Loans: Tax Change Could Leave Businesses With Bigger Bills
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An article from RNZ reports that Inland Revenue (IR) is proposing a crackdown on small companies’ shareholder loans, a change that could see many family-run businesses facing a heftier tax bill. Overview Under the proposed changes, new loans made by companies to shareholders would be subject to stricter tax treatment. If a shareholder loan is…
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Jobs Are Rising in New Zealand, But So Is Competition. What This Means for 2025 Workplaces
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New Zealand job ads are rising, but so is competition. Discover how employers and job seekers can navigate a shifting New Zealand job market in 2025 with clarity and confidence.
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How Job Costing Can Protect Your Profit Margins
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Profit doesn’t usually vanish in a single bad month, it erodes quietly, hidden in small overruns, untracked labour, and forgotten costs that accumulate job after job. Across industries, from construction, manufacturing, and professional services, to consulting and creative work, the story is often the same, good revenue on paper, but thin or disappearing margins in…
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The Cost of Not Seeking Advice Early
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How delayed decisions quietly drain profit, time, and opportunity In business, problems rarely arrive with flashing lights. They start quietly, a few late payments, an overlooked reconciliation, a process that’s “fine for now.” Each one seems manageable on its own, but over time, those deferred decisions build into something far bigger: wasted time, unnecessary costs,…
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Get Paid First: What It Really Means for Business Owners
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in Bach TalksThe phrase “pay yourself first” gets thrown around a lot in finance circles, usually as a tidy bit of advice to “set aside 10% of your income.” It sounds simple enough until you’re a small business owner, freelancer, or entrepreneur managing fluctuating revenue, irregular invoices, and clients who sometimes pay late. In that reality, paying…
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Change Doesn’t Stick Without Trust, Here’s Why
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in Bach TalksIn both personal development and business leadership, the word change has become almost clinical. We talk about change management as if people were spreadsheets to be reformatted, or as if building new habits were as simple as following an instruction manual. The problem with this approach is that it overlooks the human reality of change:…
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The True Cost of Payroll Errors: Why Accuracy Matters More Than You Think
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Payroll is one of those areas in business that looks deceptively straightforward. You calculate hours, pay wages, deduct taxes and contributions, and move on. But the reality is far more complex. A single mistake doesn’t just mean a wrong number on a payslip; it has ripple effects across cash flow, compliance, staff morale, and even…
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Founder Fame vs. Business Value: Pick One
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in Bach TalksClout doesn’t pay the bills There’s a growing trend in entrepreneurship that’s easy to spot: founders chasing visibility before they’ve built businesses that can stand on their own two feet. The spotlight is tempting. A big following looks impressive. And being invited onto podcasts or asked to speak at panels gives the appearance of credibility.…
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Building a Crisis Budget: How to Prioritise When Income Drops
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When income suddenly drops, whether from a downturn in business, reduced hours at work, or unexpected life changes, panic is often the first response. But panic doesn’t pay the bills, and it doesn’t create solutions. What is a crisis budget: a lean, focused plan that keeps essentials covered and gives you the breathing room to…
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Even the Best Offer in the World Can’t Outrun Bad Strategy
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in Bach TalksLet’s get brutally honest for a moment: having a great product, service, or idea is not enough. In fact, it’s one of the biggest traps in business. So many founders, creatives, and consultants pour their heart and soul into making something incredible, only to wonder why it’s not selling, why they’re burning out, or why…