NZBusiness February 2021

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Survival tactics: The Covid war diaries

How hard-hit Kiwi businesses have triumphed during the worst global pandemic and economic downturn in living memory. We report on the stories and lessons of four now-thriving survivors. By editor

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A word about good planning

2021 delivers a raft of new finance and tax issues for business owners to get to grips with. Gofi8ure’s Lisa Martin provides some clarity and advice to help you stay

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How do you ensure your PAYE is paid on time?

Read how iPayroll helps employers and business owners stay compliant with their PAYE payment and filing obligations. It has always been important for businesses to manage their incoming and outgoing

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From Lebanon with love

The story behind Wellington’s Alamir Bakery is one of dedication to tradition, to an amazing bond that stretches back to the Middle East, and a shared family love for the

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Your ticket to working capital

Most business owners will have experienced the frustration of delayed invoice payments. Apricity Finance’s flexible invoice finance facility ends that frustration, once and for all. Waiting 30, 60, even 90

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Fiji’s perfect storm for investors

A number of factors have combined to make 2021 the ideal timing for investing in Fiji’s fast growing renewable energy sector – one that represents a solid investment opportunity for Kiwi companies. There’s every reason for Fiji to be encouraging offshore investment into its renewable energy industry. The majority of Fiji’s renewable energy is generated using hydropower; climate change has forced a number of villages to relocate; electricity demand increased by 18 percent between 2015 and 2019; and the government wants Fiji to be 100 percent powered by renewable sources by 2036. Fiji is also implementing its long-term climate action plan under the Paris Agreement to the UN Framework Convention on Climate Change (UNFCCC), with the goal of being carbon

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NZBusiness February 2021 Issue – Out Now!

Inside this issue: Businesses that conquered Covid, a focus on money, and inspirational stories to help you drive forward in 2021. We’re delighted to deliver our February Quarterly edition. After the horrors of 2020, as a business owner you’ll be looking for a smoother ride in 2021 – and in our first print edition for the year we have plenty of informative reading to help you on your way. Our lead story should inspire you, with no less than four case studies that once again demonstrate the tenacity and resourcefulness of our nation’s business owners. Look for our yellow Money Issue cover and get ready to school up on cryptocurrency for business (Page 18) with Janine Grainger; claim control of

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5 reasons why cryptocurrency makes business sense

What makes Bitcoin and other cryptocurrencies different, and why should they be on your business’s radar in 2021? Easy Crypto CEO Janine Grainger sheds some light on the subject. Bitcoin was the world’s first widely adopted cryptocurrency, designed to allow people to directly send money to anyone, anywhere. This type of transaction is known as “peer-to-peer”. In other words, Bitcoin allows you to pay Alice or Bob directly, no matter where they are in the world. Neither you, Alice or Bob need to go through a third party, like a bank or Paypal, in order to process this transaction. Since the birth of Bitcoin, we have seen enormous growth of the wider cryptocurrencies market, with more versatile technologies being introduced.

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Optimising your home network

Is outdated technology frustrating your work-from-home experience, or handicapping your home-based business? Bill Bennett explains what you need to do. Ultrafast broadband proved its worth in 2020. As the nation went into various levels of lockdown our broadband network kept us all working. Video calling meant we stayed in touch at a time when physical meetings weren’t possible. Reliable broadband meant retailers could continue to sell. After hours, it kept us entertained with streamed television, movies and online gaming. New Zealand would have had quite a different lockdown if the Covid-19 pandemic had struck a few years earlier. We had a lucky break. In 2019 the ISPs (Internet service providers) and network companies brought forward upgrades to prepare for the

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NZBusiness February 2021

Survival tactics: The Covid war diaries
From Lebanon with love
Leading by design
5 reasons why cryptocurrency makes business sense
Fiji’s perfect storm for investors
Using your business’ purchasing power for good
Claiming your 4 Superpowers

 

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Why stimulating small business lending benefits our economy

Ben Thompson highlights the importance of the Small Business Cashflow (Loan) Scheme for assisting businesses, and how technology investments are the key to long-term growth. As nations across the globe see Covid-19 cases continue to rise, New Zealand’s strict and decisive lockdowns have positioned its pandemic response as world-leading. However, the social and economic blackouts have not been without sacrifice. Small and medium-sized enterprises (SMEs) make up 97 percent of firms[1] in New Zealand. That equates to 530,000 businesses. Over the course of two lockdowns these SMEs were forced to hibernate, leading to long-term damage and in some cases, permanent closure. In November, the government announced that it would be extending the Small Business Cashflow (Loan) Scheme (SBLS)[2] until the