Protect Yourself With a Trust

Do you have your family home in a trust?

The building industry is a risky one. The chances of you getting into financial or legal problems are higher in the building trade than in most other businesses. I am not saying that will happen to you, but in view of the higher risk profile you should take all the necessary steps you can to protect yourself and your family. That includes putting your family home into a trust.

How successful companies think

No company can be successful today if it attempts to be all things to all consumers. Rather, the most successful companies — the Market Leaders — select a unique value that they alone deliver to their chosen market better than anyone else.
The big question is, “where will you focus your business’s Vision and Value Discipline for the future?” Pick one corner of the Value Discipline triangle and make it your anchor point, then develop your business processes to deliver on it. Read on to find out more about the different value Disciplines.

Does your business serve you?

Last week I ran a planning and goal setting workshop for clients and other contacts on my database. This time of year is traditionally the time where we as business owners take stock of recent results and direction, and think about what the coming year could look like. At least many do and I hope you are one of them.
So, does your business serve you and your life, or are you more of a slave to the business and you get what energy (and money) is left over?

What does the future hold for your business?

In 1998, Kodak had 170,000 employees and sold 85% of all photo paper worldwide. Within just a few years, their business model disappeared and they were bankrupt. What happened to Kodak will happen in a lot of industries in the next 10 years – and most people don’t see it coming.
How will you look to adapt your business to take advantage of the opportunities that will come up?

Future-proof Your Business

The Ministry of Business, Innovation & Employment has just released it’s 3rd Construction Pipeline report for the next five years in New Zealand.  Have you read it and considered what it means for your company? There is no doubt that the value of construction is set to stay at high levels over the next few…

Are You a Busy Fool?

It is normal to have to work hard and put in the hours when starting out on your business ownership journey.  What is often also normal, but unnecessary, is for the long hours to continue after years of business ownership.  It almost becomes a habit.  One becomes conditioned to long hours in the office at…

The 2 cent Action Plan Tool

Business plans are a good thing thing to do for your business, but the majority end up to be just a bunch of wishes and dreams because they lack the most important ingredient; ACTION. Without taking action and implementing things, a business plan is a waste of time. That’s a real pity because often a lot…

Longer Hours = Less Productivity

Research out of Stamford University earlier this year showed that productivity declines quickly after working for more than 50 hours per week and declines even faster after the 55 hour mark. I suspect that they just tested office workers in big companies, rather than owners of small businesses.  Long hours seem to come with the…