The age old question of wages vs drawings. Which one is right for you? Let’s discuss the differences in the 2 approaches.

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Luke & Phil

These are a few options when money is tight and debt is starting to weigh your business down. We discussed some examples that clients have used and options that business owners have if they need to free up cash or improve the cash flow situation due to date.

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Luke & Phil

This is a re-release of an earlier podcast that other listeners have found very useful.

Luke heads to Campfire Studios to sit down with Guy and Will to talk all things business, finance economy, and financial literacy. 

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Luke & Phil

This 'Survived to 25' phrase is catching some serious momentum and we are concerned that you might pick it up and we don't want you to. In this podcast, we will explain why thinking like this will not help you prosper and it doesn't fit with being aspirational so tune in and avoid catching this condition.

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Luke & Phil

This is a re-release of an earlier podcast that other listeners have found very useful.

2023 EY entrepreneur of the year finalist Mark Edwards joins us to explain how an idea turned into selling 100 prams in year one and now more than 10,000 a year. The story of Edwards and Co’s growth including the ups and downs.

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Luke & Phil

So the budget is finally here and so are our thoughts on the budget. It is widely known now that it was a pretty vanilla budget, and some have even called it boring, but let's dissect what we found when we looked at the budget.

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Luke & Phil

In this episode we ask Phil your questions so that you can upskill even more. How to find a business you could buy? What is the main thing to look for in financial analysis? How to present yourself to the bank? Why buy a business instead of building from scratch?
And much, much more!

Want the checklist we mention? Grab it here: https://nextadvisory.kartra.com/page/ty-buyingabusiness

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Cheers,
Luke & Phil

This is a re-release of an earlier podcast that other listeners have found very useful.

Logan Wedgwood the managing director of Advisory.Works stops by for a chat to discuss what their clients are thinking about and how they are preparing for the future. Advisory.Works provide consulting services to mid and large size businesses across New Zealand. This is your chance to learn from some of the sharpest minds in business consulting in NZ. 

Access to Advisory.Works free resources: https://advisory.works/resources

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Luke & Phil

You asked for it so here it is. Ever wondered about buying a business? Here’s some of the basic! A heads up, it’s a foreign language when you get started but if you’re serious you’ve got to learn the language. There’s heaps of information out there so go on the journey. This will get you started! I am joined by my business partner Phil Smith from nextAdvisory.nz in this episode and I pick his brains because he’s advised countless potential business buyers (and sellers) of what they need to think about. Get stuck in.

Want the checklist? Grab it here: https://nextadvisory.kartra.com/page/ty-buyingabusiness

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Cheers,
Luke & Phil

The OCR was left unchanged today by the reserve bank and we take a look at what that might mean for business woners. Then we have a look at some recent sales data from Statistics New Zealand that shows us what we have thought for some time now, that it is really tough out there. So if it is feeling tough for you in business that's because is. If you would like to come to our sales workshop to learn how to sell more than feel free to drop us a line and we can get you the sign up link cheers.

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Cheers,
Luke & Phil