Business Mentors Blog
Would your business benefit from lifting its prices? The current environment is heaping pressures on businesses, so to keep things viable and growing, you may need to reset your pricing. Here are a few ideas to give you confidence about communicating price increases while you retain your brand's value and customer base.
Brent Harris is an artist, writer and researcher; he’s in the business of performance art, contemporary dance, choreography, writing, local history, and performance philosophy. However, through his Business Mentor, Astiana Trouland, he's found new and unexpected creativity. The two say it’s all about alignment.
If you’re feeling stressed, you’re not alone. For business owners, high inflation, talent shortages, and catastrophic weather are just a few of the stressors compounding upon the aftermath of the pandemic. We can’t change these things, but we do have some options to reduce their effect on our hearts and minds.
Getting your pricing right pays; it impacts your bottom line, your market, and your overall success. A pricing strategy should consider your costs, customers, and competition. And when you understand these three elements, you can consider which pricing model fits best. So, let’s look at how you can make sure your price is right!
Evoke Audio is a music production and audio post-production studio based in Henderson, Waitakere, Auckland that was founded by friends Matt Eller and Ricky Simonds. The two are brimming with expertise, competence, and passion for their work. That hasn't stopped them from finding immense value in the sounding board of a Business Mentor.
Great customer service is a cost-effective way to win loyalty, lift revenue and stand out from your competitors. In fact, it can even help your business to be more resilient. And that’s something you can welcome with a smile in today’s fast-changing environment.
Process: Almost everything you do at work, from making a coffee to organising a big project involves a process, so why not make it a great one?
Business Mentors New Zealand is supporting the ongoing recovery of those affected by recent weather events and Cyclone Gabriel with $20,000 of mentor registrations for businesses that are continuing in their recovery. “Our existing community of mentors rally together to support business owners in the immediate aftermath of a weather event. We see a critical need for us to extend our help” says Business Mentors New Zealand CEO Sarah Trotman, ONZM. The not-for-profit ...
Dance has been part of Marguerite's life since she was two years old. It's brought her incredible joy and now her business is giving others the same opportunity. At The Renaissance School of Dance Marguerite calls herself CEO – Chief Enthusiasm Officer. Her business journey seems to be perfectly choreographed. Although she's faced her share of unexpected challenges, she's met them without missing a beat, benefiting from support of her Business Mentor Nicki.
Governance of your small business can help it flourish, and it doesn't mean an expensive, over-qualified board of directors. Governance structures for small businesses can take many forms. Your governance set-up can evolve through the life of your business to give you the right kind of support at the right time. The good news is that it's never too soon or too late to establish governance for your company.