Poor cash flow is one of the biggest reasons why businesses – and particularly small businesses – fail. Michael Jamieson shares his top tips for improving and managing cash flow in your business. A sale is not a sale until you have been paid. Too many business owners run themselves ragged doing the work but…Details
Simon Kelly from HiFX shares his top tips for protecting your business from the risk of foreign exchange volatility. FX volatility is one of the biggest risks faced by New Zealand businesses involved in cross border trade. Even in an average year the NZD moves as much as 15% up or down against the USD…Details
How many times have you been searching for a product or service online and clicked on websites with spelling mistakes, incorrect grammar, broken links, confusing layout, missing landing pages, or that are just simply difficult to navigate your way around? In my experience this happens incredibly often, and it never fails to put me off dealing…Details
Taking time to look at the direction your business is heading in can be difficult, particularly for small business owners who are always so busy with the day-to-day activities. However, business planning – essentially setting goals for where you want your business to go and how to get there – is essential for all sizes…Details
Regardless of the size or nature of your business, having a data backup plan in place which is followed meticulously should be a priority. As we move closer to an increasingly paper-free environment, protecting your data as well as any customer information you hold should be an essential part of your daily routine. IT professionals…Details
UHY Haines Norton Marketing Co-ordinator Debbie Robson looks at the value a Marketing Plan provides to businesses.
By definition a SME has up to 20 employees – which often does not allow for a dedicated marketing function. But investing time in creating a Marketing Plan for your business is a vital step that should not be overlooked.
A Marketing Plan forces businesses to take stock of their current situation and the market they operate in, as well as determine where they want to go and – crucially – how to get there. A business without a current Marketing Plan simply lacks direction, and at best will continue running as “status quo”, or at worse will lose sales/clients/market share to less complacent competitors. Any marketing spend runs the risk of not being targeted to help achieve goals, effectively wasting hard-earned dollars.Details
In the fifth of a series of five articles, Jacqui Hinchliffe of Business Computing Skills discusses how to manage your emails. Previously Jacqui introduced the four D rule for managing email.
This final article discusses rule number 4: Do It Now
|1. Delete||2. Diarise||3. Delegate||4. Do It Now|
Productivity is determined by how effectively you process the inbound flow of work. Your email account is often the hub of your workflow so it makes sense to start looking here for efficiency. You need a system that enables you to get the most amount of work done while minimising the amount of time spent on unproductive tasks.
The Four D Rule is a great way to start systemising your email management. We’ve introduced a few of the practical steps you can take to get this system working for you. Our articles have focused on the use of MS Outlook, but the techniques can easily be adapted for almost any email client or web-based email account. See our previous article on Delegation here.
The Last of the Four D’s: Do It Now
Remember around half of your (non-spam) inbound email can be deleted immediately. With the other half ask yourself this question: ‘Can I complete this within two minutes?’ If the answer is yes, ‘do it right away then delete the email.’ Leaving mail in your inbox to re-read and action later, or file it elsewhere is simply inefficient.
If you’re using MS Outlook 2010, the Quick Step feature enables you to perform multi-step tasks such as replying to an email and deleting the inbound email with a single click or keyboard shortcut.Details
Some time ago I attended a UHY emerging leaders’ development course in Grazelema Spain. I remember the content of the course was intense, testing us and requiring us to move out of our comfort zone. I often reflect upon what I learnt there and thought I would share the key points in this newsletter, which is…Details