The semifinalists for the New Zealand Trade and Enterprise NZ Focus on Health competition were announced this week. These 21 ventures will pitch to the five US and two kiwi judges for a spot on the ten-strong finalist’s list. All ten finalists will work on their business plans then participate in a US roadtrip in mid 2010 where they will be introduced to influential players in the US health industry. [Read more…]
Archives for September 2009
Well this has been a big week for events in the ElevateCA camp. Wednesday evening was the kick off function for the Northland Business Excellence Awards at Salut in Whangarei, then on Thursday we were fully involved in organising and presenting at the Business Owners Forum at The ICEHOUSE in Parnell, Auckland. And yesterday late afternoon of course it was Loud Shirt Day at the ElevateCA offices in support of The Hearing House and the Southern Cochlear Implant Paediatric Programme. [Read more…]
A big thank you to all who participated in the 17 September Business Owners’ Forum held in Auckland. Business Owners’ Forums have of course been running in Whangarei since the depths of the winter, which seems a long time ago now – but this was the first to be held in Auckland. Thursday’s meetup was at the ICEHOUSE premises in the Textile Centre, Parnell – and the topic was “Managing Cashflow”.
Many in the room on Thursday were of the view that the worst is behind New Zealand businesses from a cashflow crisis point of view – and that those still standing today are likely to survive and prosper rather than become victims of the opposite scenario. But we are of the view that prudent cashflow management is as relevant in good times as in bad, so the topic is as relevant today as it was six months ago.
The skills which the business owners in the room have honed over the course of their business carear – and particularly over the past 18 months – were very useful to share and hear. These will enable stronger cash management going forward – and I’m sure everyone in attendance got something useful from the session.
On the panel at The ICEHOUSE Business Owners Forum event was Michael Masterson from The Bottom Line Expense Reduction, David Caddie, a Commercial Business Banking Partner from the Auckland CBD BNZ – and myself representing an Accountant’s view of cashflow management.
As panelists, we were pretty much let off the hook by a knowledgeable, varied and interactive group of about 40 participants. Our role became facilitators of quality discussion from the floor rather than presenters – which is exactly what Business Owners’ Forum meetups are all about.
So where to from here with Business Owners’ Forums over the rest of 2009?
14 October – @elevateCA space. The topic for the next BOF – in Whangarei – will be Employment Relations. On the panel will be Rebecca Brennan discussing performance measurement and management, a solicitor from Webb Ross discussing some topical legal issues around employment management – and Michael Masterson sharing some insights from his time managing a large multinational team. More >>
19 November – The ICEHOUSE. The topic for the next Auckland meetup will be around shareholders current accounts. This will be a repeat of the successful session on the same subject which was held in Whangarei back in August. More >>.
17 December – @elevateCA space. The final BOF for 2009 will be in the ElevateCA space. The topic has yet to be decided, and will be by popular demand and feedback. If you have any ideas or preferences for this or future subject matter, contact us. More details will be posted on this session during November.
The Business Owners’ Forum is of course supported by ElevateCA Limited, The Bottom Line Expense Reduction Limited, BNZ, The ICEHOUSE and Webb Ross Solicitors.
Thanks again to all those who came along on Thursday, shared on the night and contributed to making this a useful session.
Fraser Hurrell is one of three directors of Elevate CA Limited, Chartered Accountants & Business Advisors in Whangarei, New Zealand.
Business Excellence Awards run throughout New Zealand at this time of year. The Northland competition kicked off this evening with a cocktail function at the Salut Bar in Whangarei – and the Elevate CA team were there along with the entrants, sponsors and a who’s who of local business. This year there were 42 entrants competing in ten categories: [Read more…]
Well this week I got the letter from the organisers of the Auckland TED event inviting me to attend. The letter got me thinking. Quite clever, really, the whole impression of exclusivity around the application and acceptance process – and the attempt to lift the tone of the event high above the general noise of competing events, functions and happenings around town. These guys are good – they have created an expectation of something special. Here’s an except from the letter of acceptance: [Read more…]