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Engaging with a Business Mentor: Why it’s so important for Small Businesses

By Yvette Hellyer on June 26, 2018

Great mentoring will open doors, set direction and help you achieve your goals.

When you’re in the day-to-day of running your business and fighting fires, it can be hard to keep your eye on the big picture and focus on your goals. Having a mentor helps with this – not to mention giving your business a much higher chance of succeeding!

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Topics: Business planning, Programmes, Training, Business Support

Defining your vision

By Michael Barnett on May 11, 2018



defining your vision, mission and position

The most important thing you need to do as a business owner is define your vision, mission and position.

  • What is your vision (what you want your business to be)
  • What is your mission (your purpose and values)
  • What is your position (what is unique about your business and offering, and what differentiates you in the market)

You need to do this whether your business is just yourself, or you have a team. And whether you’ve just started or whether you’ve been going for years. Believe it or not, there are large, long-standing businesses that operate without one, two, or even all of these things!

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Topics: defining vision, inspire, mission statement, Business planning

Business plans: why you can't grow without one

By Michael Barnett on March 19, 2018



I wanted to start by talking about the importance of having a business plan… for your business. I emphasised that last bit, because it’s vital to what we’re talking about - it has to be a plan for your business. You can have a standard format, but you should not have standard content. There is no one-size-fits-all formula for writing a business plan.

I often talk about the importance of knowing your ‘why’. What is the purpose or reason for being of your business? Why are you doing – often at great effort and expense – what you’re doing? You need to be able to answer this before you can even start your business plan. Once you have, then developing your business plan will be like a roadmap for your business to achieve your objectives and vision.

A thorough business plan is priceless for any business, and if you’re trying to grow your business in a crowded marketplace, it could be your biggest asset.

 

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Topics: Resources, Business Support, Business planning

Welcome to the Auckland Business Chamber blog

It’s great having you on board and I hope you’ll find this content valuable and useful for your business activities.

If you require any more resource or advice don’t hesitate to take advantage of our free, expert business resources and tools available 24/7 at www.chamberbusinesstools.co.nz or simply call us on 0800CHAMBER.

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