Is a Company the right business structure for you?
Choosing the correct business structure when you start out in business is very important for a number of reasons – not least that the wrong business structure may be costly…
5 Risks to face when you create a start up business
By Sreekanth Ravi for Entrepreneur. “Starting a business has never been more exciting. The startup economy is rich with opportunity, innovation and potential. But at the same time, it is also fraught…
Fortune Favours the Brave
At Prime Strategies we love graphs. This one below encapsulates the behaviour of many SME’s (Small to Medium sized Enterprises) showing why they don’t go on to become the huge…
Planning for Success
In war, as in business, the victor is the one who uses superior strategy against their competition. There are three principles to military strategy you can apply to your life…
Seven Steps to Growth
If only 50% of new businesses survive more than five years and only one-third make it to 10 years, what’s the one thing you could do to ensure your company…
Exit Plan or Escape Plan?
When it comes to the way we react to certain situations, there are typically two main types of behaviour that we all fit in to. A) Move Towards; or, B)…
5 Tips for writing your next financial budget.
Have you started your budgeting process yet for the 21/22 financial year? Every business should have a financial plan for each year and now is the perfect time to start…
Are there any gold nuggets sitting under your nose?
Prime have recently been working with a client that sells top end IT Software. They are a multi awarded company and leaders in their respective field. Their revenue had started…
Is your business strategy ready for tomorrow?
The markets of today move very quickly, often leaving SME’s stranded in the past, as they fail to “keep up” with the changes. In today’ COVID-19 environment, we need to…
Reflect to Achieve Business Success in 2022
Let’s face it, for business owners the last two year haven’t been easy. While some have consistently struggled to keep business going, managing through pivots and some hard choices, others…
Keeping it fresh!
What a lovely weekend it was weather wise! It was so nice that it inspired my partner and me to walk Orakei Basin as we do once a month on…
Sew, Mow or Row
In your business, are you the: Sewer? (The clothing type – not wastewater!!) Mower? Rower? The Sewer They are the fixers. They spend an extraordinary amount of their time (perhaps…