Research has shown that the following mistakes have lead to business failures in the past.

I too have found that this fisrt point is relevant. Many businesses have a lack of direction. This means the failure to establish clear goals for each part of the business and invariably no business plan. Read the rest of this entry »

Last time I continued with our series of articles on the 5 factors that impact on a businesses growth. In particular I talked about the importance of Marketing Skills within a business which is no. 3 on the list below. How did your business stack up?

This is a continuation of my “Why do some businesses grow” series. Improving your business systems (Part 1), Leadership skills in your business (Part 2) , The importance of Marketing (Part 3) Read the rest of this entry »

In today’s New Zealand, children are taught that competing is important and not the result. Even the education system is trying to eliminate “failure”. It is a wonder how our children will compete when they reach adulthood and have to compete in the real world.  Read the rest of this entry »

This week I will share with you about the importance of Marketing Skills within a business. Marketing skills & a Marketing Plan are critical to your business success. This is part 3 of my “Why Do Some Businesses Grow ” series: Improving your business systems (Part 1), Leadership skills in your business (Part 2). Read the rest of this entry »

For many businesses it takes time and money to train and educate their employees to become productive in the organisation. Imagine the loss of money and productivity to the employer if, once properly trained, the employee leaves. The whole process needs to be started from the beginning. Why not stop this by implementing systems to retain these valuable staff members?

Please call Tibor Mackor so that I can assist you and your business in hiring and retention programmes.

See also the article in the New Zealand Herald on this issue.

I chose to start with Systems last time because it is less confronting than dealing with Leadership issues. This is part 2 of my “Why Do Some Businesses Grow ” series: Improving your business systems (Part 1). Read the rest of this entry »

It is true that many business owners struggle to manage time and family commitments when they are in their 50′s. A recent article in the The New Zealand Herald highlights this fact. Many business owners do not have the knowledge of exiting their businesses. We at Better Business Strategies can help business owners set up the systems and procedures for exiting their businesses for the maximum value and least issues at the time of exit.

Call us if you want to exit your business for the maximum value.

It is true that one of the frustrations of current employers is that some of their employees are earning more than themselves. See my earlier blog on this issue.

Here is the link to the recent article in the New Zealand Herald.

From time to time I get asked by people, “Why do some businesses grow?” This is an excellent question – more people should ask it with a view to learning and applying some valuable lessons. This is part 1 of my 5 part “Why Do Some Businesses Grow ” series. Read the rest of this entry »

Here is an extract from an article in the New Zealand Herald on Sunday 27 April 2008

Do New Zealanders lack the skills needed to run their businesses well?

By our rate of business ownership, Kiwis are the most entrepreneurial people in the world, but this doesn’t mean we’re always well-prepared for the daily challenges of running a business. Read the rest of this entry »