Activate Auckland

Activate Auckland

Activate Tāmaki Makaurau, the agency established to implement the Government’s support package for Auckland businesses, is now up and running.  The $60 million package designed to assist Auckland businesses through this Covid transition period enables businesses to apply for up to $3,000 for business advisory and planning support and $4,000 for the implementation and execution of that advice.

Your business can access expert advice and support in the following areas: 

  • Business Planning, Strategy and Continuity (e.g. workforce planning, risk management, new products, new markets, new opportunities, operational improvements) 
  • Financial Planning and Cashflow Management (e.g. budgeting, forecasting, scenario planning) 
  • HR and Employee Relations and Legal (e.g. people leadership, advice about attracting and retaining staff, contract law, legal requirements, COVID-19 framework guidelines) 
  • Business Hibernation or Exit (e.g. liquidation plan and succession planning advice) 
  • Marketing Advice (e.g.  marketing strategies, value proposition development) 
  • Digital Marketing (e.g. digital marketing strategy, website strategy) 
  • Digital Enablement (e.g. digital productivity, client interaction strategy, operational digitisation, cyber security)  
  • Health and Safety Advice (e.g. working within COVID-19 framework guidelines) 
  • Health and Wellbeing Advice for your business to support your workforce (e.g. to develop plans to support wellbeing and build resilience of your employees) 

To get started visit Activate Tāmaki Makaurau here.

It’s been a long, hard road for many Auckland businesses.  If your business is one of those adversely affected by the events of 2021 we’d love to assist you to get your business moving again. The Alternative Board is registered to provide both advisory and planning support and the implementation and execution of that advice under the following categories:

  • Business Planning, Strategy and Continuity
  • Financial Planning and Cashflow Management
  • Business Hibernation or Exit
  • Marketing Advice

You can contact our Auckland Facilitator/Coaches here.

Formalising Business Systems

Formalising Business Systems

If as a business owner you think you’re working too hard for fewer rewards it might be time to invest in documenting your processes.  Founder and Process Architect at Bedrock, Rachel Brunel, recently joined our Tuesday Talk to outline the benefits of doing just that!

You can download a copy of Rachel’s presentation below.

Unlocking New Zealand with Cameron Bagrie

Unlocking New Zealand with Cameron Bagrie

Economist Cameron Bagrie provided members with some keen insights into current operating conditions at our recent Tuesday Team Talk. Cameron’s theme was ‘Unlocking New Zealand’ and key takeaways included:

  • Auckland’s lockdown will disrupt usual seasonal cash flow patterns for businesses with pressure building as lockdown continues.
  • A move away from housing as a source of wealth creation is required in favour of the productive (business) sector. This change is hard to imagine at present but inevitable with housing testing economic and social boundaries.
  • With Covid’s impact constraining the supply of products and labour, expect annual inflation in NZ to remain sticky around 3% and become the new normal.
  • Credit conditions are at their lowest point ever with banks favouring housing loans.
  • Education is one of the keys to NZ’s future. Declining school achievement is a real concern.

Members had the chance to quiz Cameron on some of the points and discuss how, as business owners, they’ll be tackling some of the issues.

Small businesses look beyond COVID-19 with confidence

Small businesses look beyond COVID-19 with confidence

For the third month in a row, small-to-medium size businesses outside the hard-hit sectors of retail, tourism and hospitality are proving confident, optimistic and actively planning for their future beyond COVID-19.

Our September Pulse Check shows exceptional levels of confidence and optimism with business levels booming or the same as last year, relatively unchanged levels of employment and sustained sales.

More than 80% of you are confident you’ll make it through, more than half report sustained or improved business levels, nearly two-thirds are optimistic about the next twelve months and 65% are already working on future strategies and getting business plans in place.

On the downside, 2020 has taken a toll with business owners feeling exhausted and that’s a real concern. Government support and business advisors have helped get through the difficult days of 2020 but despite weathering exhaustion, lockdowns, alert level changes and varying levels of uncertainty, you’re not giving up and have your head down, planning your way to the future.

For some, the forthcoming election, mainstream media stories and government policy are reducing confidence, while for others, their own resilience drawn from past experience, government policy, and the thought of open borders is a confidence booster.

Stephen James observed: “Our members are, for the most part, outside the sectors acutely affected, such as retail, tourism and hospitality. It may seem that member confidence levels and optimism are at odds with other commentary but our small business owners are efficient and resilient because they have to be. Small business owners regard their employees as family, do their utmost to retain them and are able to adapt and evolve business practices swiftly with the right support, even among those hardest hit.

“It’s heartening – and speaks volumes for business owners – that so many have got through with relatively unchanged levels of employment, due in part to the government support people have  turned to and a willingness to change where necessary.

“One of our priorities will be to help business owners cope with the high levels of exhaustion they’ve reported. We see this as a danger area as, no matter how resilient they may be, working through an ongoing crisis is hard and it is draining. Supporting our business owners helps them to help their business, so developing strategies and solutions to what we know will be an ongoing challenge is an area we will be working on with our boards and through our coaching sessions”.

The September Pulse Check surveyed 266 of our members and associates between September 18 – 27 with a confidence level of 90% and a 5% margin of error. You can download a copy of the results in full here.

The Alternative Board conducted the September Pulse Check survey of 266 of its members and associates between September 18 – 27 with a confidence level of 90% and a 5% margin of error.

9 Steps to Safeguard your Business

9 Steps to Safeguard your Business

Rise Above Uncertain Times

Whether you’re in the midst of a crisis or simply crafting a continuity plan to protect your company against a potential emergency, these nine steps will
help you safeguard your business for long term success.

 

 

Download 9 Steps to Safeguard Your Business

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Author: The Alternative Board