How good are your financial processes?

Does your financial information help you understand how your business is performing?

Key business issues to think about at the moment

The market is unpredictable so your management approach should reflect that.

Your business structure defines who does what and who decides if there is doubt.

2016(8)

2015(5)

2014(8)

2013(9)

2012(14)

2011(25)

According, to Michael King the following commercial realities existed in the frontier era of New Zealand's development:

Maori were capable and competitive entrepreneurs;
There were commercial and industrial activity that could only gain traction with investment from overseas;
in an unregulated and untaxed era some entrepreneurs stood to make enormous profits;
prosperity was dependent on the state of of markets with larger populations in other parts of the world;
unsustainable use of resources would annihilate that resource;

Although the situation is significantly more sophisticated the themes are all still true except that New Zealand is now taxed and regulated.