The #WhatsNext Podcast
The #WHATSNEXT Podcast is a life changing resource that you can use to make huge impact in your business & life! Hosted by Chartered Accountants, Luke Kemeys & Phillip Smith. With these two leading the charge, there is no doubt that you'll find a heap of value and a non jargon approach to business. Consider nextAdvisory as the value library for business resources. Listen to find out #WhatsNext for your business.Grab our free business planning template our most successful client's use:https://nextadvisory.nzWant to book a call with us to discuss your business? Folow the link below:https://nextadvisory.nz...
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EP 542 - When Your Staff Have Nothing To Do...Do This
Apply for our 12 month business planning: https://nextadvisory.nz/the-winning-formula/ <br /><br />Today we cover the all important question of what to do when your employees are bored or without much to work on, it may be daunghting hiring nowadays only to end up paying a salary whilst not having enough work on them, so Phil and I cover a few key things you can do when they have spare time. Hope this helps <br /><br />If you're interested in working together:<br /><br />Visit our website https://nextadvisory.nz<br /><br />Let's connect over a quick call: https://calendly.co...
EP 541 - Auckland's Economy Is Dead: Here's What's Really Happening
Book a call for our 90 day business planning program: https://nextadvisory.nz/90-day-business-planning/<br /><br />6.1% unemployment, commercial vacancy rates are up, retail sales are down and yet we've got ministers and mayors who are supposed to be fixing this.<br /><br />Luke and Phil break down the reality of whats happening, why Queenstown is buzzing and the city of Auckland that was once a powerhouse, is now deflated.<br /><br />The data is brutal. The problems are obvious. But where are the solutions from the people in charge?<br /><br />If you're interested in working together:<br /><br />Visit our...
EP 540 - How NZ Business Owners Are Winning In A Tough Economy
Buying a business? Book a call with Phil first: https://nextadvisory.nz/buying-a-business/<br /><br />Phil and Luke share real examples from business owners within our community who are winning work right now.<br /><br />The pattern is clear, successful businesses are getting off their ass and doing something. They're not waiting for the economy to improve or hoping their website will magically bring customers.<br /><br />We cover relationship building, asking for referrals, leveraging existing client bases, and why speed beats perfection every time. Plus the mindset shift from "what do I want to do" to "what problems can...
EP 539 - Stop Looking For Short Cuts In Business: Just Do The Work
Book a call with Phil to discuss gaining clarity on your business: https://calendly.com/philsmith<br /><br />Most business owners would rather find a magic solution than do the boring work that actually gets results.<br /><br />Phil and Luke break down why changing accountants won't fix your cash flow problems, why there's no shortcut out of debt, and why the answer is always the thing you don't want to hear: do the work.<br /><br /> We share the story of someone who went from $60K debt and on the benefit, to earning $265K by working 85 hours a week. N...
EP 538 - Your Business Margins Are Getting Crushed (Here's Why)
Grow your business with our 90 day business planning: https://nextadvisory.nz/90-day-business-planning/<br /><br />Your suppliers are sneaking in price rises while you're still charging last year's prices. Meanwhile, you wonder why your business has no cash.<br /><br />Phil and Luke break down why business margins are getting their margins crushed and what you can do about it to protect yours.<br /><br />The businesses thriving right now are the ones protecting their margins.<br /><br />The ones going broke are hoping things get better. Stop guessing. Start measuring. Check your margins monthly or watch your business slowly bleed...
EP 537 - How to Check If You're Paying the Right ACC Rate
Most business owners just pick a random ACC classification code when they set up their company. Then they wonder why their ACC bill is so high.<br /><br />The problem? It's ridiculously easy to get this wrong. You set up a company, they ask for your business industry classification code, and you go "I don't know, that one looks close enough." Meanwhile, there are dozens of subcategories with wildly different rates.<br /><br />We cover why the classification system is so confusing, how to check if you're in the right bucket, and what questions to ask ACC to make sure...
EP 536 - Labour's Capital Gains Tax: What It Really Means for You
Labour just announced a 28% capital gains tax on rental properties, Phil and Luke break down what this actually means.<br /><br />If you're interested in working together:<br /><br />Visit our website https://nextadvisory.nz<br /><br />Let's connect over a quick call: https://calendly.com/philsmith/<br /><br />Instagram: https://www.instagram.com/nextadvisory.nz/
EP 535 - Why Business Owners Are Too Scared to Make Tough Decisions
Looking for help buying a business? Book a call with me at https://calendly.com/philsmith/<br /><br />Most business owners would rather go broke than make the hard decisions. Then they act surprised when they lose everything.<br /><br />Today Phil and I break down why Kiwi business owners are too scared to right-size their businesses even when their family home is on the line.<br /><br />We cover the tough conversations you're avoiding: restructuring staff, negotiating rent relief, and protecting your business asset before someone pulls the rug out.<br /><br />If you're interested in working together in...
EP 534 - NZ's Debt To IRD Hits $10 Billion: Here's What's Coming
Looking for help with your accounting to create clarity & better decisions? Go to https://nextadvisory.nz<br /><br />IRD debt has exploded from $4 billion to over $10 billion in just 5 years. Now they're getting serious about collecting it.<br /><br />Phil breaks down what's really happening, the new collection powers IRD are using, why 500,000+ Kiwis owe money, and how penalties are racking up faster than people can pay them back. Plus the reality check every business owner needs to hear.<br /><br />Don't bury your head in the sand. The money you owe belongs to other taxpayers, not you, it's time...
EP 533 - Why Your Business Has No Cash (And How to Fix It)
Book a call with Phil to discuss buying/valuing your business: https://calendly.com/philsmith/buying<br /><br />Most business owners are doing cash flow completely wrong. Then they wonder why they're always stressed about money. You do the work, send an invoice, then wait 20+ days to get paid. Meanwhile, you've already paid wages, materials, and overheads. That's backwards.<br /><br />Phil breaks down the real cash flow hacks that work: taking deposits upfront, charging site visit fees to filter time wasters, and getting paid the day you finish the job. We cover why your balance sheet is like a...
