Knowledge hub

Looking to sell? Here are the most avoidable mistakes selling businesses!

Selling a business is a process. It is not an event that you work towards, like an auction. To ensure the best outcome you will need to follow the guidelines of the sales process. You will succeed selling any type of business, providing the price, the marketing and the presentation of the business a...

As business brokers, we like to believe that there is a buyer for every business, if it makes a profit. How long it would take to find a buyer and how much they are prepared to pay for it depends entirely on how the business is presented, how the business is marketed and how the business is valued. ...

In April 2017, the government announced key upcoming changes to New Zealand's immigration policy. One of those changes, which impacts the skilled migrant category, is scheduled to be implemented in mid-August 2017. The changes bring both benefits and possible disadvantages for accommodation busi...

Rates charged by online travel agents have sparked plenty of controversy, especially as GST registration requirements have increased the rates some companies charge. OTA agreements can also limit the deals hotel and motel owners can offer.

Every year, thousands of people suffer injuries at work, and many of them are treated by first aiders. They form a vital function for many businesses, particular when interacting with customers who are ill, and it's often a good idea to have someone who is first-aid trained on staff. However, fo...

Online booking options let potential guests conduct business with your establishment 24 hours a day every day of the year — even if you're not answering phones or handling reception desks all those hours. The advent of online booking engines and hotel websites lets customers from around th...

The decision to buy or sell a business is often a momentous one; it can be part of an overall strategy or forced by changes in your personal circumstances. Typically, business sales are caused by retirement, illness, a desire for change or financial reasons, and the decision to buy a business might ...

Perhaps one of the most famous franchises around the world is McDonald's, which offers a ready-made brand, but there are also accommodation franchises with similar reach and opportunity. Investing in a franchise often means that you get instant brand recognition without having to build it up ove...

The Health and Safety at Work Act 2015 is the defining piece of legislation that enshrines corporate responsibility to employees while they're at work. It requires businesses of all sizes to take reasonable measures to eliminate risks and ensure employee safety. While the uniqueness of each busi...

One of the biggest problems with the proposed targeted rate in Auckland is that it will have a significant effect on property values, with both minor and major players losing out. These losses could have a large knock-on effect across the entire property sector in the region. The Targeted Rate May...

A channel manager lets you easily manage your hotel's rates and availability distribution across various third-party sites simultaneously. Its function is surprisingly simple: you manage your bookings by changing prices, inventory and inclusions without having to change settings across multiple