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5. Knowing your Business Break Even – Whangarei

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Break even is the level of sales at which costs associated with achieving those sales equals the revenue.   A business will make a profit at sales above break even.  Depending on the nature of the business, break even could be calculated per day, per week, per year.  Do you know your business’ break even? 

Break even analysis can lead to better pricing strategies and assist with business decisions.

This event will be held at the Elevate CA Limited offices 7:30am on Wednesday 15 June.  You can find us at level 4, 35 Robert Street, Whangarei.

At this Boardroom BOF event, Dean Subritzky will discuss some practical strategies for analysing your break even – and show you how to put these to immediate good use in your business.  This will be a small group limited to eight business owners – so there will be plenty of opportunity to discuss the challenges that are relevant to you. 

Boardroom BOF events run from 7:30am to 9:00am in the Elevate CA boardroom.  Numbers are limited to eight – and these events are for owners of businesses  that employ staff and have a turnover of more than $1m pa.  Coffee, juice and a light breakfast will be served to help lubricate quality discussion – and as always for Elevate CA events, there is no charge.

Elevate CA runs events events for business owners alternating between Whangarei, Albany and Newmarket – with events scheduled each month.  Check the “Events” tab above to see if there are any other events which might be of interest to you.

If you’d like to attend this event, email Fraser Hurrell (fraser@elevateca.co.nz) before this event fills up. And if you’d like to be included on the invite list for future events, just add your contact details in the box to the right.

4. Funding your Business Growth – Newmarket

160518---calendar-iconOften the most cash hungry business is one that’s in growth mode.  Growth usually demands investment in assets, systems, staff, marketing initiatives – and working capital to fund increased debtors, work in progress and inventory.  Without cash, even the most successful business will struggle to achieve growth and realise its potential.

So what are the options when it comes to funding the growth of your business?  Should you offer a stake to an equity partner – or borrow funds from the bank or elsewhere?  What are the true costs of those options?  What might sway your decision one way or the other?  What if you can’t find a suitable equity partner – and lenders don’t share your enthusiasm?

These are age old questions – and often you don’t know the right answer for certain until after the event.  It’s easy to be wise in hindsight.  The panel at this Business Owners Forum event will focus on the dilemmas and decisions to be made when considering how to fund the growth of your business. 

This event will be held at the BNZ Partners facility Broadway, Newmarket at 5:30pm for a 5:40pm start on Wednesday 18 May 2016 – and will run through to 7:30pm on the night. We have two quality panellists who will discuss this topic from their own point of view.

As always for Business Owners Forum events, this session will be free of charge and completely free of sales pitches from the supporters or the panellists. And there will be pizza, beer and wine to lubricate quality discussion.

Business Owners Forums are held monthly – alternating between Whangarei, Albany and Newmarket venues. This event will be more or less a repeat of the event held in Albany on 14 April.

If you’d like to attend this event, email Fraser Hurrell before this event fills up. And if you’d like to be included on the invite list for future events, just add your contact details in the box to the right.

3. Voidable Transactions – Whangarei

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There has been a lot of media attention recently about the voidable transactions regime and a lot of misinformation concerning the risks businesses face when dealing with insolvent companies.  This event will explain the voidable transactions regime – and how it has been shaped and altered by recent New Zealand Court decisions.

This event will be presented by Damien Grant – a Director of Waterstone Insolvency based in Auckland.  Damien and the Waterhouse in house legal team are at the forefront of the evolving law around voidable transactions having litigated several recent cases that have changed the landscape.  Damien will explain, frighten and reassure at this event – although not necessarily in that order.

This event will be held at the Elevate CA Limited offices 7:30am on Wednesday 11 May.  You can find us at level 4, 35 Robert Street, Whangarei.

As always for Elevate CA events, this session will be free of charge and free of sales pitches.  And there will be breakfast, coffee and tea to lubricate quality discussion.

This event will likely be of interest if your business ever finds itself in situations like this:

  • You suspect that your customer may have solvency issues – and you continue supplying.
  • You have customers who cannot pay their invoices on normal trading terms – but you continue to extend them credit.
  • You continue to supply a customer past what would be considered normal trading terms.
  • You have a customer who you have stopped supplying when they owe you money – and you enter into a repayment plan to bring their debt to you back under control

These scenarios don’t necessarily mean you should demand payment and walk away from a customer in a difficult situation, but they may indicate you are entering into a trading relationship with a troubled company.  Best to understand the risks and make an informed decision before you offer your support by continuing to extend credit.

Email Fraser Hurrell (fraser@elevateCA.co.nz) to RSVP for this event.

2. Planning Strategies for your Business – Whangarei

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Do you ever get so involved in the day to day action in your business that you don’t have the time or energy to plan properly?  Do you have good intentions – but find that planning gets continually pushed down your to do list?

If so, you certainly are not alone.

This event will be held at the Elevate CA Limited offices 7:30am on Wednesday 20 April.  You can find us at level 4, 35 Robert Street, Whangarei.

At this Boardroom BOF event, Rebecca Brennan will work through some tried and true strategies for planning – along with some new ideas that you might not find in the old school text books.  This will be a small group limited to eight business owners – so there will be plenty of opportunity to discuss the challenges that are relevant to you. 

Boardroom BOF events run from 7:30am to 9:00am in the Elevate CA boardroom.  Numbers are limited to eight – and these events are for owners of businesses  that employ staff and have a turnover of more than $1m pa.  Coffee, juice and a light breakfast will be served to help lubricate quality discussion – and as always for Elevate CA events, there is no charge.

Elevate CA runs events events for business owners alternating between Whangarei, Albany and Newmarket – with events scheduled each month.  Check the “Events” tab above to see if there are any other events which might be of interest to you.

If you’d like to attend this event, email Fraser Hurrell (fraser@elevateca.co.nz) before this event fills up. And if you’d like to be included on the invite list for future events, just add your contact details in the box to the right.

1. Funding your Business Growth – Albany

150414---calendar-iconGrowth usually demands investment in assets, systems, staff, marketing initiatives – and working capital to fund increased debtors, work in progress and inventory.  Without cash, even the most successful business will struggle to achieve growth and realise its potential.  Often the most cash hungry business is one that’s in growth mode.

So what are the options when it comes to funding the growth of your business?  Should you offer a stake to an equity partner – or borrow funds from the bank or elsewhere?  What are the true costs of those options?  What might sway your decision one way or the other?  What if you can’t find a suitable equity partner – and lenders don’t share your enthusiasm?

These are age old questions – and often you don’t know the right answer for certain until after the event.  It’s easy to be wise in hindsight.  The panel at this Business Owners Forum event will focus on the dilemmas and decisions to be made when considering how to fund the growth of your business. 

This Business Owners Forum event will be held at the BNZ Partners facility on Constellation Drive, North Harbour at 5:30pm for a 5:40pm start on Thursday 14 April – and will run through to 7:00pm.

As always for Business Owners Forum events, this session will be free of charge and completely free of sales pitches from the supporters or the panellists. And there will be pizza, beer and wine to lubricate quality discussion.

Business Owners Forums are held monthly – alternating between Whangarei, Albany and Newmarket venues. Although no two Business Owners Forum events are the same, this event will be more or less repeated in Newmarket on Wednesday 18 May.

If you’d like to attend this event, email Fraser Hurrell (fraser@elevateca.co.nz) before this event fills up. And if you’d like to be included on the invite list for future events, just add your contact details in the box to the right.

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