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Getting Your Business Through Winter Illnesses

Vik. BUSINESS PLANNING, LEADERSHIP

It’s the perfect storm: the ongoing threat of COVID-19 converging with seasonal influenza. Not only can these illnesses wreak havoc on people’s health, but they can also impact your business. One study found that employees who come to work sick cost employers twice as much in productivity losses than employees who stay home. And while many […]

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Getting Your Business Through Winter Illnesses

Vik. BUSINESS PLANNING, LEADERSHIP

It’s the perfect storm: the ongoing threat of COVID-19 converging with seasonal influenza. Not only can these illnesses wreak havoc on people’s health, but they can also impact your business. One study found that employees who come to work sick cost employers twice as much in productivity losses than employees who stay home. And while many […]

READ MORE

Employer vs Employee: What’s Your Mindset?

Vik. BUSINESS PLANNING, LEADERSHIP

It may seem like we’re stating the obvious but the mindset of successful employers is different from the mindset of employees. The combination of beliefs, thought processes, and ways of viewing the world is what drives innovative behaviour – the essential ingredient for successful entrepreneurs. You probably became a business owner because you carry the […]

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Know Your Trust Act Obligations

For March balance dates the rules apply from 1st April 2021. The applicable Trusts are any Trusts with taxable income and/or a requirement to file an income tax return. So any trusts that do not receive any taxable income should not be affected by these new rules eg. a family trust that holds a family […]

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Goal Setting Part 2: Planning for Financial Success

Vik. BUSINESS PLANNING

Goal Setting Part 2: Planning for Financial Success As we head into a new financial year some time and attention should be put into your financial plans and, in particular, budgeting. Planning for Financial Success is the first step to achieving success so here’s a few tips to help you get ahead this year, financially. […]

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Reciprocal Staff Relations

Vik. TECHNOLOGY

Do you have a reciprocal relationship with your staff? The best relationships in life are reciprocal – and that counts for the workplace as well. When you help your employees to achieve their dreams, they in turn help you to achieve yours. In the last few years, businesses have been put through the wringer, and […]

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Goal Setting for 2022 – Step 1

Vik. LEADERSHIP, LIFESTYLE

It’s that time of year again as we settle back into work and normal life, and we begin to think about the year ahead and what we want to achieve. While people think of New Year’s Eve as the time for Resolutions, it is often not until February when we are ready to start thinking […]

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Business Coach, Mentor or Advisor?

You’ve decided you need a Business Coach. Congratulations! You are already well on your way when you make that first tricky decision that a little bit of help from someone is actually what you need. Maybe you are stuck or struggling to push through a particular challenge in your business. You’ve possibly got to the […]

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The Great Resignation of 2021

Vik. BUSINESS PLANNING, LEADERSHIP
Bizdom business coaching Wellington and Hawkes Bay_Construction

Have you heard of the term the ‘Great Resignation’? It’s not just a buzz term, this mass movement of employees is happening around the world right now – and it looks like it has already begun in New Zealand. We wanted to share this highly topical update as we see more and more of our […]

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Changes to Residential Property Rules

Vik. BUSINESS PLANNING

In this latest blog post, we will take a look at some of the most important changes that are likely to impact you as a residential property owner. There are two important dates you need to note: 1 October 2021: This is when the new rules came into effect. 27 March 2021: Different rules apply […]

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Landlords Urged to Note Brightline Test

Landlords have been left scrambling after 23 March 2021 when the government threw us a curveball no one saw coming. They proposed some major tax changes which they believe would fix the housing market and slow down house price increases.

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Your Ultimate Co-Working Space

Vik. BUSINESS DEVELOPMENT, LIFESTYLE

The top floor to our recently renovated building is now available as a shared working space (aka. Co-working space) and we’re looking forward to seeing this new professional working area thrive alongside us.

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News Flash: Government Property Announcements re-write the Income Tax Act

Mark Greer. BUSINESS PLANNING, LIFESTYLE

Yesterday, the Government announced a range of measures which in their view address the supply and demand for residential properties (in addition to measures already in force such as the ring-fencing of residential rental property losses). Each of these Government Property Announcements have the potential to have a major impact on anyone who currently owns, […]

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Seminar Summary: How Robust is Your Trust

With the new Trust Act 2019 in force since January 2021, now is the time to consider whether the reasons you set up your Trust are still relevant and check the benefits outweigh the costs of compliance.

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Planning for Success Workshops a Real Success

Vik. BUSINESS DEVELOPMENT

Our Bizdom business coaching team in Hawkes Bay were blown away by the record turn-out at our first Planning for Success Workshop for 2021. Each year our quarterly workshops keep business owners accountable and on track with their goals, and on track for success.

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Quarterly Workshop Keeps Your Focus

Vik. BUSINESS DEVELOPMENT

Quarterly workshop to keep you focused on driving your business. Most small businesses are started by people who have worked hard and have a great understanding of their industry and field of expertise. These are people who have mastered the art of their trade and are ready to branch out and start their own business […]

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Bolstering Your Balance Sheet

An important seminar topic for 2020 was on helping business owners get to grips with understanding how to read their Balance Sheet – the story of your business – as well some practical and proven strategies for building a stronger Balance Sheet.

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How to Create a Great Team Culture

Let’s talk about Team Culture. Some of the most successful small and medium-sized businesses treat their staff like valued members of their family. While some may question this informal approach to work relationships, there’s something to be said for a family-based approach. Here are some of the reasons why making your work team like family […]

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Know Your Numbers to Grow Your Business

Know Your Numbers as the key drivers of business value are different for every business.  For example, revenue growth, revenue per client, sales or profit are all key drivers.  Knowing what the key driver is for your business is essential to your sustainability and growth in business, and this all comes down to knowing your […]

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Cash Rich: Getting Your Cashflow Under Control

Vik. BUSINESS PLANNING, LEADERSHIP

In business, if ‘Cash is King’ then cashflow is the blood that keeps your business alive. Cash Rich is one of the most critical components of success for a small or mid-sized business. Without cash, profits are meaningless. It’s an unfortunate story that so many profitable businesses (on paper) fail due to a shortage of […]

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Mastering the Reverse Testimonial

Vik. BUSINESS DEVELOPMENT, MARKETING

Let’s take a look at the Reverse Testimonial. As everyone in business knows, a good review or testimonial can be absolute gold for helping your business to grow. This is effectively the written referral, provided by one of your customers, conveying a level of trust and confidence in your business or brand for other potential […]

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Shifting to Value Based Selling

Mark Greer. MARKETING

Value Based Selling is a hot topic in business right now which is why we are including this as a topic in our upcoming webinars.  Helping you move from traditional, features and benefits selling techniques into mastering values techniques is what will set you apart from the competition. Starting with the Basics Our introduction to […]

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Thrive Post Pandemic

Get your business to Thrive post pandemic. As everyone will probably agree, we are incredibly lucky to be in this part of the world. However, the fact remains that we are all now left to pick up the pieces, reassemble our lives and build back up our businesses to whatever ‘normal’ looks like now for you. […]

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How to Apply for a Small Business Loan

Vik. BUSINESS PLANNING

The New Zealand Government is providing interest free loans for small businesses impacted by the COVID-19 economic shock to support their immediate cashflow needs and meet fixed costs. The Minister of Finance and Minister of Revenue say the Small Business Cashflow Loan Scheme (SBCS) will provide assistance of up to $100,000 to firms employing 50 […]

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Shared Experiences Working Remotely

Vik. LEADERSHIP

The lockdown period and transitioning to working from home has been a rollercoaster experience from everyone in New Zealand. It has been challenging and stressful at times, but it has also revealed some unexpected positive experiences for people too. We thought we would share the experiences of some of the team who have all been […]

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A Business Continuity Plan Could Save Your Business

Vik. BUSINESS PLANNING, LEADERSHIP

This is a stressful time for us all and particularly every business owner throughout New Zealand most of whom have no or very low sales coming in, still have overheads going out and no certainty as to how long this will last nor what will happen after the lockdown period ends. As your trusted business […]

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Covid-19 Prevention and Response Policy Template

Vik. LEADERSHIP

THIS IS A TEMPLATE.  Review and update this to reflect your business’s policy. Tab through the form fields to update essential fields. We’ve included links to NZ, Aus and UK websites; delete those not relevant to your business, as well as these instructions. Covid-19 Prevention and Response Policy for <COMPANY NAME> Summary Statement In January […]

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A message from Mark and the team at Bizdom

Vik. BUSINESS PLANNING, LEADERSHIP

To our extended network of clients, family and friends.  We will remember these times in March 2020 as the month when the world changed. We are experiencing unprecedented disruption and change all around us. Our message to you is stay strong. As a business owner and leader, our people look to us for signs of […]

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Plan to Thrive in 2020

2020 is looking like an exciting and successful year for so many businesses out there. However, for many, the challenge may not be in simply succeeding but in sustaining that success and thriving through 2020 and beyond. Before we jump into sharing our tips with you on how to create a great plan, it’s important […]

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Stop working harder, start working smarter

Our purpose in business is to help business owners and directors stop working so hard and instead work smarter. We mentor these people to become better leaders, strategic thinkers and smarter business owners. Effectively going more time, more enjoyment and a greater passion for their business and the work they do. Time Freedom, Mind Freedom […]

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Using The Identity Iceberg to Understand Your Core Values

Vik. BUSINESS PLANNING, LEADERSHIP

The Identity Iceberg is a very popular concept we created to help guide people through a process towards identifying the core values for their businesses. While there is more to this process that can help you unlock your core values and show you the implications of these critical foundations for your business, we wanted to […]

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STRONG NETWORKS BUILD STRONG BUSINESSES

Vik. TECHNOLOGY

Did you know that most businesses generate the vast majority of their new business from referrals? And the great thing about referrals is that they don’t cost you a thing! Networking with your existing clients and business community – local, industry sector or interest group – is the best place to gain new referrals. In […]

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Getting Your Organisational Structure Right

Have you ever heard the saying, ‘Get the right people on the bus”? This also implies getting the wrong people off the bus, and the right people in the right seats! Unfortunately ‘The Bus’ itself is rarely discussed. So what if your business isn’t a bus? Maybe it‘s a jet boat with two seats or […]

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BUILDING A BETTER BUSINESS IN 10 STEPS

Our ‘Building a Better Business in 10 Steps’ seminars, held in Hawke’s Bay & Wellington, were hugely successful last month. Those who attended not only reported being inspired by the learnings but also readily participated in the sessions, sharing their ideas and experiences with the rest of the group. “I left feeling very motivated and […]

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BUSINESS DEVELOPMENT

Know Your Trust Act Obligations

For March balance dates the rules apply from 1st April 2021. The applicable Trusts are any Trusts with taxable income and/or a requirement to file an income tax return. So any trusts that do not receive any taxable income should not be affected by these new rules eg. a family trust that holds a family […]

READ MORE

BUSINESS PLANNING

Getting Your Business Through Winter Illnesses

Vik. BUSINESS PLANNING, LEADERSHIP

It’s the perfect storm: the ongoing threat of COVID-19 converging with seasonal influenza. Not only can these illnesses wreak havoc on people’s health, but they can also impact your business. One study found that employees who come to work sick cost employers twice as much in productivity losses than employees who stay home. And while many […]

READ MORE

LEADERSHIP

Getting Your Business Through Winter Illnesses

Vik. BUSINESS PLANNING, LEADERSHIP

It’s the perfect storm: the ongoing threat of COVID-19 converging with seasonal influenza. Not only can these illnesses wreak havoc on people’s health, but they can also impact your business. One study found that employees who come to work sick cost employers twice as much in productivity losses than employees who stay home. And while many […]

READ MORE

MARKETING

Mastering the Reverse Testimonial

Vik. BUSINESS DEVELOPMENT, MARKETING

Let’s take a look at the Reverse Testimonial. As everyone in business knows, a good review or testimonial can be absolute gold for helping your business to grow. This is effectively the written referral, provided by one of your customers, conveying a level of trust and confidence in your business or brand for other potential […]

READ MORE