Business Update – 18 May 2022

NZ Weekly Digest – 18 May 2022 Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Fuel prices reach an all time high in Auckland Petrol prices hit an all time high in central Auckland on Monday, reaching $3.15/litre. Despite the government scrapping fuel taxes in March, prices have continued to rise. Rising interest rates offset lower housing…  Read more

Business Update – 11 May 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Price freeze in effect at Countdown supermarkets Countdown is freezing prices on 500 winter staple items in response to what’s being called a cost of living crisis. As of May 9, prices on these items will remain the same over the winter months. Air NZ making strides in its…  Read more

Business Update – 16 March 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. New Zealand Opens Borders to Australians Fully vaccinated Australians will be able to travel to New Zealand from April 12. New Zealand borders will start to open for other countries from May 1. International tourism used to account for about 20% of the country’s foreign income and more than…  Read more

Business Update – 9 March 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Isolation Period Reduced to 7 Days The isolation period for COVID-19 cases and their household contacts is reducing to one week, down from 10 days. Recovered cases won’t need to self-isolate if they become a household contact within 90 days – an increase from the current 28 days –…  Read more

Business Update – 2 March 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Reopening of Borders From 11:59 pm 4 March 2022, the following fully vaccinated people can enter New Zealand from anywhere in the world and do not need to self-isolate or enter MIQ: New Zealand citizens and residents Other eligible travellers under current border settings. Third COVID Vaccine Novavax Approved…  Read more

Business Update – 16 February 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. NZ Moves to Phase 2 of Omicron Plan The move to Phase Two from 11:59 pm on 15 February means the self-isolation period for cases reduces from 14 days to 10 days and for contacts from 10 days to seven. It also means the start of the test-to-return-to-work scheme,…  Read more

Business Update – 2 February 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. COVID-19 Vaccine Booster Interval Shortened The gap between the second dose and the booster shot of the COVID-19 vaccine is being shortened from four months to three. The decision was made based on the advice of the Vaccine Technical Advisory Group, and it would mean a million more New…  Read more

COVID-19 Business Update – 18 November 2020

Hello again – welcome to the latest edition of our Weekly Digest. Read on for the latest updates and some ideas that will help us all move forward. Government Fast Tracks $2.9 Million for NZ Biotech Firm to Build Vaccine Lab The Ministry of Business, Innovation & Employment has approved a $2.9 million payment for Biocell to upgrade its research facility in Papatoetoe, Auckland to manufacture a potential COVID-19 vaccine.…  Read more

How to grow your network without networking events

Networking can be a key way to keep your business growing. Regardless of your industry or business size, it is hard to ignore the benefits of forming professional networks for potential partnerships, expanding your client base, and scaling up. However, while we are all constantly reminded about the importance of networking, reaching out to grow your network isn’t the same now thanks to the COVID-19 pandemic. Social restrictions to prevent…  Read more

Questions to ask as your small business recovers from COVID-19

As small business owners look to operations after COVID-19, there are some important business questions to ask. These questions will help you determine what adaptations you want to keep, whether your business model is working, and if there are additional changes you want to make to keep your company operational through future economic downturns. It’s not always fun to do this sort of examination, but the answers to these questions…  Read more

How your business can thrive even in a recession

The pains caused by a recession can be excruciating, which is why most of us dread the thought of it. A recession can mean massive layoffs, jobs becoming harder to find, and wages frozen, which means consumers hunker down and spend less– often worsening the economic slowdown unknowingly. For most businesses, especially small businesses, recessions can be brutal. Just take for example, the Global Financial Crisis (GFC) that struck the…  Read more

Battling Through COVID-19: Finance Tips for Business Survival

We’ve heard this before: the COVID-19 pandemic is an unprecedented global health and financial crisis that has caught many off guard. While the threats to human life are very real, the damage to the health of businesses is really just starting to show. The seriousness of the disease and the lack of a vaccine (at the time of writing this) have prompted governments around the world to impose strict measures…  Read more

Business lessons learned during COVID-19

If you’re like many small business owners you’re probably astounded by how the world has changed in a very short time. While we can all hope that the pandemic is a once-in-a-lifetime scenario, the truth is there is a lot in life and in business that is uncertain, and there is a great deal we can learn from the response to COVID-19 to help plan for the future. Yes, your…  Read more

Tips to continue marketing on a shoestring budget

As many business owners are experiencing, the COVID-19 pandemic has created serious financial difficulties for entrepreneurs. Small businesses especially are faced with cutting their budgets so they can continue to operate—even at a smaller scale—and not have to close for good. They also have to figure out how they can market themselves so once the pandemic is over, their customers and clients come back to them. During a financial crisis,…  Read more

How to market and sell remotely – free webinar

We’ve teamed up with the company that helps with our website and marketing to bring you a free webinar on how to market and sell remotely. They’ve been 100% remote for seven years but have built a global business and they want to share how they did it with you. I’ve attended webinars from them in the past and they are always practical and useful. They are going to cover…  Read more

COVID-19 Business Update – 6 May 2020

With no new cases reported on Monday and Tuesday this week, it seems like New Zealand has Coronavirus under control making a move to Level 2 likely in the next week or so. Clearly that’s great news for all business owners and in this week’s digest, we’ve included a number of resources to help with navigating your business out of the dire situation we’ve all been in. No doubt there…  Read more

How to build a cash war chest when money is tight

Your “war chest” is the financial reserve your business has built up so you can take advantage of an opportunity or cover unexpected costs or emergencies. Building a cash reserve when finances are tight, however, can be difficult. You need money to continue running your business but, if at all possible, you want to keep your reserve account healthy. Here are some ways to build—or preserve—a cash war chest during…  Read more

Ways to run your business if you can’t open your premises

The COVID-19 pandemic has proven challenging for many small business owners. It’s difficult to run your business remotely, especially if you’re not set up to do so. If you run a business that requires customers or clients to come to you, you might be very concerned about how you can continue to operate without opening your premises. If you have access to technology, are adaptable, and are willing to look…  Read more

Want to grow your business? Our Free Resources will Help