I’ve heard our Prime Minister is preparing law to enable the Commerce Commission to have a sweeping set of powers to investigate fuel businesses and collect information on their profit margins. Did you know that this information is already freely available in the company’s annual report? You can access this information without the need for law changes that will force new compliance costs and ultimately the cost of doing business in New Zealand up higher than it has been recently. More importantly, you are guaranteed the information is accurate, since if a public company lies to its shareholders it gets sued.
Month: October 2018
Running a Focus Report to improve the Operating Manual
One area where an entrepreneur can often go wrong, is to lose focus on a business.
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Learning the acronym ‘DRS ABCD’ to recall CPR instructions
I recently completed my First Aid Course – first time in a while – and I wanted to hang on to the information I gathered. Basically, I run a motel frequented by a number of elderly guests, and I also have two elderly parents who could potentially at one stage or another be at risk of cardiac arrest.
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Why I’ve ‘bonded up’
My review of Kiwisaver has prompted me to seek out the most cost-efficient group of funds on the market – namely, Simplicity Kiwisaver. While the rates of return on Simplicity funds are lower than the previous bank-based fund I was with, the fees are significantly lower, particularly as the fund grows in size.