The cost-of-living increase has made us all more conscious of getting a good deal. That can lead to many small businesses finding themselves having to justify their prices and coming under pressure to offer a discount. A sale can be a great way to promote your business, but reducing your prices too
Cyber-attacks are one of the most misunderstood risks facing businesses today but there are steps businesses can take to mitigate the risks.
Embracing the communities we serve and live in is not only good business practise, it is also an important contribution towards making the world a better place.
Many workers in industries such as healthcare, trades and services, retail, hospitality and sales, require uniforms. But when it comes to workwear trends, there’s a growing emphasis on comfort and personal style. In hybrid environments, some adopt more casual clothing that reflects their individuali
Staffing has been a major talking point for many of our clients in the past few months and we know businesses right across New Zealand are having similar issues. The market is tough and businesses are having to manage competing priorities for their time and resources. A permanent staff member might
The 28th UN Climate Change conference (COP28), held in Dubai at the end of 2023, may have been overlooked by many with thoughts of Christmas and summer, but it’s an important annual event with plenty of implications for New Zealand businesses. I attended, representing Toitū Envirocare, New Zealand's
In 2023 artificial intelligence (AI) moved away from the realm of sci-fi and hit the mainstream, with people now using it at home and, increasingly, at work. Indeed, AI has been talked about so much recently that publisher Collins named it 2023’s word of the year. But, as with all new tools, we need
BDO New Zealand recently released its Business Wellbeing Index findings for the second half of 2023. The biannual study explores the relationship between wellbeing and business performance by surveying more than 500 of the country’s business leaders. Although we’re certainly not mental health expert
In the modern world, where the sum of mankind’s knowledge is at our fingertips, our customers have never been better informed. I like to do my research before making any big purchase and I can find everything I need to know from the comfort of my home. Our customers do the same – turning up to their
Running a successful optometry practice in New Zealand requires a combination of top-notch eyecare services and strategic approaches to maximise revenue. As the country’s healthcare landscape evolves,
There’s no getting around how important a social media presence is today. While you might think it’s all about keeping up connections with friends and family, there are plenty of people also using it to research and buy products and services.
Warren Buffett, CEO of Berkshire Hathaway, said the single most important decision in evaluating a business is pricing power. With his company’s substantial stakes in Kraft Heinz Company, American Express, Bank of America, The Coca-Cola Company and Apple, plus a personal fortune of US$112.7 billion,
