Posts Tagged ‘small business’

Small business confidence rising in New Zealand

Tuesday, April 15th, 2014
Photo credit; Michael Button

Photo credit; Michael Button

Confidence in New Zealand small businesses is at its highest level in 15 years, according to the latest ANZ survey of small businesses.

In addition to that, this also marks the sixth consecutive quarter that confidence has risen.

Small businesses are seen as a good indicator of the country’s mood because they make up nine out of every ten firms and employ almost a third of New Zealand’s workers.

The service sector tops the survey, but sentiment is also up in retail, construction and agriculture.

ANZ says the record confidence is due to the Canterbury rebuild and business coming out of a tough five years.

Retail and business banking managing director at ANZ Fred Ohlsson said hiring intentions are stronger across small businesses with a third expecting better profits.

“These are confidence levels and activity levels that we will see for quite a while,” he says. “It (the confidence level) has risen slowly, and over time – this is not a one-quarter wonder”.

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New program will teach New Zealand businesses how to better harness the power of the internet

Friday, August 30th, 2013

A Digital Enablement Training program will be rolled out across New Zealand in the coming months to help small businesses take advantage of the Government’s ultra-fast broadband (UFB) and rural broadband (RBI) programs.

The program will include workshops on how UFB, RBI and other new technologies will impact on companies and identifies the opportunities it presents.

“The internet is a strong and growing marketplace,” Communications and Information Technology Minister Amy Adams said when announcing the program. “Faster broadband can deliver greater productivity and lower costs, but small businesses need to know how to use it to maximum effect.

“Fast broadband enables businesses to connect easily to the world, and our investment in broadband will support innovation, high-tech jobs, and grow productivity.

“The Digital Enablement Training program will help these businesses understand the benefits that UFB, RBI and ICT services can bring, and help them make more sophisticated use of the tools and services available.”

The program has been supported by the Ministry of Business, Innovation and Employment and will be available through the New Zealand Trade and Enterprise Regional Business Partner Network around New Zealand.

Adams said although nearly two million New Zealanders want to buy online, only 64 per cent of small businesses have a website and only 11 per cent offer customers the ability to pay online.

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