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Business

Smart Cost-Cutting Strategies for Small Businesses

Managing a small business comes with financial challenges. Rising operational costs, unexpected expenses, and the need to maintain quality put pressure on cash flow. However, businesses can reduce costs without compromising service or growth. By implementing smart cost-cutting strategies for…

Bartercard New ZealandFebruary 26, 2025

Business group brainstorming and planning project finance with calculator and stacking coins for growing business

Business Finance

The Importance of Cost Control in Business

Cost control is a temporary process aimed at managing expenses to achieve a specific target. Unlike cost reduction, which is a permanent effort to decrease the per-unit cost of products, cost control involves monitoring and regulating expenses to stay within…

Bartercard New ZealandJanuary 15, 2025

Female accountant holding cash banknotes counting money.

Finance

Strategic Cash Flow Management

Cash flow is the lifeblood of any business. Without it, growth stagnates, operations falter, and the ability to withstand unexpected challenges diminishes. Proper cash flow management is crucial to maintaining the financial health of your enterprise. Here’s how you can…

Bartercard New ZealandAugust 19, 2024

An empty restaurant with laid up tables.

Business

Effective Strategies to Utilise Your Excess Stock

Having too much excess stock (or spare capacity) can be a challenge for a business. Not only does stock take up precious storage space, but it ties up capital and can restrict you from investing in things you need, which…

Bartercard New ZealandJuly 17, 2024

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Lifestyle

From Boardrooms to Brunch: Maximising Bartercard for Business and Pleasure

Undoubtedly, Bartercard can transform a business' operations. Members harness its expansive network to attract new customers, sell excess stock at full value, and increase their cash flow, both in trade dollars and cash. However, beyond business, Bartercard opens up a…

Bartercard New ZealandMay 23, 2024

Businessman Writing Business Plan Growth Concept

Business tips

The Vital Role of Strategic Planning in Business Growth

Whether you’re planning the perfect wedding or earning a university degree, planning is essential. Similarly, in the world of business, having a solid plan is crucial for success and growth. Business plans serve as a roadmap, guiding your company in…

Bartercard New ZealandMarch 18, 2024

Closeup of economist using calculator while going through bills and taxes

Finance

Commonly Forgotten or Overlooked Business Expenses

Running a business involves managing various expenses to keep operations smooth and profitable. While business owners are often vigilant in tracking major expenses, some costs tend to slip through the cracks, leading to financial discrepancies and potential compliance issues. Managing…

Bartercard New ZealandNovember 22, 2023

Business

The Benefits of Business Process Outsourcing (BPO)

As companies constantly seek ways to streamline operations, reduce costs, and enhance efficiency, one strategy that has gained significant traction is Business Process Outsourcing (BPO). What is Business Process Outsourcing (BPO) Business Process Outsourcing (BPO) is a business strategy where…

Bartercard New ZealandNovember 6, 2023

A fruit and veg stall displaying produce with price tags

Business

The Importance of Having a Clear Pricing Strategy

Establishing an effective pricing strategy is crucial for businesses to achieve profitability, attract new customers, and retain existing ones. Finding the right price that balances value for money with sustainable profit margins requires careful consideration. The Need for a Pricing…

Bartercard New ZealandSeptember 12, 2023

Female business owner holding tablet computer in clothes shop

Finance

Funding Capital Growth

Capital growth is an essential component of business expansion and success. However, to achieve it, businesses require a significant amount of funding. There are various options for funding capital growth, each with advantages and disadvantages. We’re going to consider the…

Bartercard New ZealandApril 18, 2023

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