In New Zealand’s dynamic agricultural sector, advisory boards are increasingly vital for farming businesses seeking to thrive amidst evolving challenges and opportunities.

Many will have heard the old saying, "are you working in your business or working on your business?”.

Last month Marise shared her thoughts on past changes and future challenges within the dairy industry and they’re worth hearing because she’s spent most of her 38-year career as an agribusiness advisor.

Recent changes to the bright-line test, interest deductibility and ownership transfer rules may make this a suitable time for property owners to review how ownership of their residential investment properties is structured.  If you haven’t assessed your holdings recently, restructuring could provide you with some benefits.  

Over the past few years there has been a shift in the investment property market with more owners offering their investment property as a short-term holiday rental.

Amid macroeconomic pressures, geopolitical tensions and technological disruptions, businesses are reassessing their models and strategies. Those with a clear vision for growth will be best positioned to thrive.

As a small business owner, maintaining a positive relationship with your bank can be a cornerstone of your business’ success.  

There are many reasons people go into business, including having a new bright idea, wanting to change the world, wanting to be their own boss or thinking they can do better than other businesses.

It is a natural to expect that some businesses won’t survive a recession. Would you know if one of your customers or suppliers is facing financial difficulty?

As we head towards the middle of 2024, high interest rates and inflationary pressures have made it harder than usual for Kiwi businesses to thrive.

Making any investment in a business should be well considered and there is no difference when that business is a franchise.

Are you a sole trader or a contractor? As your business grows, you may find that you need to employ staff and take on a more sophisticated structure. A company structure can provide many benefits and allow you to scale up your business.