Are You Working “On Your Business” or “In Your Business”?

You may have heard the term working “on” vs working “in” your business but what exactly does this mean? UHY Manager, Len Kumar explains the difference between working in your business and working on your business, and how this is the first step to building a better business.

Working ON your business does NOT mean scheduling work, processing the accounts, answering phone calls, submitting a quote or helping your employees do a job, these tasks are important but they’re just ‘business as usual tasks’.

Working ON your business involves thinking about the future, planning, reviewing & improving current processes and systems and asking questions like how can we do things more efficiently and effectively.

“Working on your business is about setting clear expectations and standards, and delivering the goods each and every time.”

You build a better business by working ON it, but finding the time to work on building a better business is a major challenge faced by most small to medium sized business owners.

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MS Outlook – Keeping your Inbox Email Sorted

This is the third in a series of articles by guest columnist Jacqui Hinchliffe from Positive Connexions – West Auckland Computer Training.  Jacqui’s previous articles were featured in our April and June 2012 newsletters.

In her April article she discussed how to clean up your Outlook email inbox by creating a ‘01 Read’ folder and moving all your inbox mail to it. Then in the June article Jacqui looked at the email quick win called ‘Delete’. This month we look at D for Diarise.

How’s the email slavery going for you?  Remember the Inbox Four D Rules?

 

Here are some practical steps to Diarise items in your Outlook inbox.

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Duties and Responsibilities of Trustees

There are an estimated 400,000 trusts in New Zealand, each with appointed Trustees responsible for the management of the trust. The duties imposed on trustees arise from legislation (Trustee Act 1956), case law and the trust deed creating the trust.

The Law Commission has been examining the role of trustees and the mechanisms for administering trusts.  As a result of the Law Commission’s review the government is likely to revise the Trustee Act to set out in legislation the duties and responsibilities of trustees (similar to how director duties are defined in the Companies Act).

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