Pro Business Advice with BDO
The October BDO Business Wellbeing Index shows that financial challenges and economic hurdles continue to trouble New Zealand business leaders, who are now feeling more negative about their business performance and finances than ever. So how can our business owners and leaders in Hawke’s Bay face into the current challenges
New Zealand business leaders and owners are encountering a variety of challenges in the current market, from economic pressures and financial concerns though to workload issues. Unfortunately, business leaders are now feeling more negative than ever when it comes to their business performance – so what can they do to
As we mark one year on from Cyclone Gabrielle affecting homes and businesses throughout the Hawke’s Bay, it’s an important time to take stock of how we have collectively coped and responded to challenges in 2023 and what we can do to manage business wellbeing in 2024. The November 2023
While completing a business plan clarifies and outlines your goals and objectives for the future, the key to making sure you are achieving your goals is to effectively measure and monitor your performance. We like to think all Businesses, regardless of size or industry have a Business Plan (and if
Staffing has been a major talking point for many of our clients in the past few months, and we know businesses right across Hawke’s Bay are having similar issues. The market is tough, and businesses are having to manage competing priorities for their time and resources. A permanent staff member
The start of 2023 has been a rough one. Cyclone Gabrielle and the subsequent flooding brought a degree of destruction not seen in the Hawke’s Bay for decades. If we have learnt anything over these last few years following a global pandemic, lockdowns and cost of living crisis, it is
The war in Ukraine, volatile European markets and currencies, and challenges across China’s political and economic landscape are just some of the issues impacting almost every country in every corner of the globe – including New Zealand. We are broadly an import economy – and this handful of issues playing
Leading and owning a business has always come with both risks and rewards. It can bring high levels of personal satisfaction, professional development and growth. And for some, it can offer increased independence, lifestyle, flexibility and financial rewards. Yet, such roles also present challenges – many of which have potential
The opportunities and challenges inherent within New Zealand’s construction sector have always been amplified by its cyclical nature. With the high demand construction firms are currently experiencing in both the commercial and residential sectors, we are seeing the industry take fresh approaches as it responds to market challenges such as
While being the best in one’s industry is a lofty business goal, in today’s climate it is crucial to set realistic, attainable goals rather than being caught up in the idealistic. As businesses continue to grapple with the fallout of Covid-19 and government mandates, businesses are left with less operating
BDO Hawke’s Bay are Chartered Accountants and Business Advisors, with their office in the Napier CBD. BDO is able to support clients with a comprehensive suite of accounting, information systems and HR services. The firm is an independent member of BDO New Zealand and part of the global BDO network.
