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Understanding your customer spending

The latest data by McKinsey & Company shows that Kiwis still feel the economic effects of the pandemic and are cautious about spending, despite retail spending bouncing back sharply when the country got out of lockdown. Acknowledging the general cost-consciousness, at BGS, we’ve advised our clients to repackage their products to make it easier for

How to Get a Great Night’s Sleep with Good Cash Management?

Cash is probably the number one cause of stress, worry, and anxiety for smaller business owners, which is natural when cash dictates the success or failure of any smaller business. Studies by the ANZ bank shows that up to 82% of small businesses fail because of cashflow problems. Some smaller business owners focus on budgets,

Success: Solid Plan, Leadership, Action & Accountability

There is no straightforward path to success. Let me just put that out there right away. It is a winding road, and most of the times you don’t see where you are heading. In my years of being a smaller business consultant helping many small businesses grow, I have lived by an effective formula for

Managing Your Finances During Crisis

The economic climate has certainly changed and the uncertainty on how long this pandemic will have made many smaller business owners worried about surviving. At this point, it is crucial to know your financial position, forecast its movement, and plan for any possible scenario. We might not be able to predict what exactly is to

3 Things You Should Consider when Pivoting your Business

The disruption of business has forced companies to reevaluate and made pivoting some businesses necessary to survive. Don’t be scared! It might be the opportunity you have been waiting for to transform your business. When pivoting your business, there are three aspects of the business model to consider: value proposition, value network, and target customers.

Marketing Spend: How to Attract More People with Less Money

With the pandemic affecting economics globally, is it worth marketing at this time, is it wise to spend on marketing right now? Truthfully, yes. But it requires a different approach; this is when strategic marketing is most important. Strategic marketing, in a nutshell, is coming up with a plan that focuses on long-term goals and

Understanding your customer spending

The latest data by McKinsey & Company shows that Kiwis still feel the economic effects of the pandemic and are cautious about spending, despite retail spending bouncing back sharply when the country got out of lockdown. Acknowledging the general cost-consciousness, at BGS, we’ve advised our clients to repackage their products to make it easier for

How to Get a Great Night’s Sleep with Good Cash Management?

Cash is probably the number one cause of stress, worry, and anxiety for smaller business owners, which is natural when cash dictates the success or failure of any smaller business. Studies by the ANZ bank shows that up to 82% of small businesses fail because of cashflow problems. Some smaller business owners focus on budgets,

Success: Solid Plan, Leadership, Action & Accountability

There is no straightforward path to success. Let me just put that out there right away. It is a winding road, and most of the times you don’t see where you are heading. In my years of being a smaller business consultant helping many small businesses grow, I have lived by an effective formula for

Managing Your Finances During Crisis

The economic climate has certainly changed and the uncertainty on how long this pandemic will have made many smaller business owners worried about surviving. At this point, it is crucial to know your financial position, forecast its movement, and plan for any possible scenario. We might not be able to predict what exactly is to

3 Things You Should Consider when Pivoting your Business

The disruption of business has forced companies to reevaluate and made pivoting some businesses necessary to survive. Don’t be scared! It might be the opportunity you have been waiting for to transform your business. When pivoting your business, there are three aspects of the business model to consider: value proposition, value network, and target customers.

Marketing Spend: How to Attract More People with Less Money

With the pandemic affecting economics globally, is it worth marketing at this time, is it wise to spend on marketing right now? Truthfully, yes. But it requires a different approach; this is when strategic marketing is most important. Strategic marketing, in a nutshell, is coming up with a plan that focuses on long-term goals and

Mohammed ElahiBLOG