Buying a business? Book a call with Phil first: https://nextadvisory.nz/buying-a-business/

Phil and Luke share real examples from business owners within our community who are winning work right now.

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.

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 I solve."

Stop being a victim. Start taking action.

If you're interested in working together:

Visit our website https://nextadvisory.nz

Let's connect over a quick call: https://calendly.com/philsmith/

Instagram: https://www.instagram.com/nextadvisory.nz/

Book a call with Phil to discuss gaining clarity on your business: https://calendly.com/philsmith

Most business owners would rather find a magic solution than do the boring work that actually gets results.

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.

 We share the story of someone who went from $60K debt and on the benefit, to earning $265K by working 85 hours a week. No magic. No shortcuts. Just relentless action.

Stop looking for the easy way out. The path through your problems is doing what you already know you need to do.

If you're interested in working together:

Visit our website https://nextadvisory.nz

Let's connect over a quick call: https://calendly.com/philsmith/

Instagram: https://www.instagram.com/nextadvisory.nz/

Grow your business with our 90 day business planning: https://nextadvisory.nz/90-day-business-planning/

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.

Phil and Luke break down why business margins are getting their margins crushed and what you can do about it to protect yours.

The businesses thriving right now are the ones protecting their margins.

The ones going broke are hoping things get better. Stop guessing. Start measuring. Check your margins monthly or watch your business slowly bleed out.

If you're interested in working together:

Visit our website https://nextadvisory.nz

Let's connect over a quick call: https://calendly.com/philsmith/ 

Instagram: https://www.instagram.com/nextadvisory.nz/

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.

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.

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 you're not overpaying. Plus the real reason ACC might be making losses - hundreds of thousands of businesses probably have the wrong codes.

If you're interested in working together:

Visit our website https://nextadvisory.nz

Let's connect over a quick call: https://calendly.com/philsmith/

Instagram: https://www.instagram.com/nextadvisory.nz/

Labour just announced a 28% capital gains tax on rental properties, Phil and Luke break down what this actually means.

If you're interested in working together:

Visit our website https://nextadvisory.nz

Let's connect over a quick call: https://calendly.com/philsmith/

Instagram: https://www.instagram.com/nextadvisory.nz/

Looking for help buying a business? Book a call with me at https://calendly.com/philsmith/

Most business owners would rather go broke than make the hard decisions. Then they act surprised when they lose everything.

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.

We cover the tough conversations you're avoiding: restructuring staff, negotiating rent relief, and protecting your business asset before someone pulls the rug out.

If you're interested in working together in other ways:

Visit our website https://nextadvisory.nz

Let's connect over a quick call: https://calendly.com/philsmith/

Instagram: https://www.instagram.com/nextadvisory.nz/

Looking for help with your accounting to create clarity & better decisions? Go to https://nextadvisory.nz

IRD debt has exploded from $4 billion to over $10 billion in just 5 years. Now they're getting serious about collecting it.

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.

Don't bury your head in the sand. The money you owe belongs to other taxpayers, not you, it's time to get compliant before they make the decision for you.

If you're interested in working together in other ways:

Visit our website https://nextadvisory.nz

Let's connect over a quick call: https://calendly.com/philsmith/

Instagram: https://www.instagram.com/nextadvisory.nz/

Book a call with Phil to discuss buying/valuing your business: https://calendly.com/philsmith/buying

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.

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 wet sponge soaking up cash, and how to wring it out.

Cash flow isn't the problem, your systems are. Fix the systems, fix the cash flow. Your business success depends on cash moving through it, not getting stuck in it.

If you're interested in working together in other ways:

Visit our website https://nextadvisory.nz

Let's connect over a quick call: https://calendly.com/philsmith/

Instagram: https://www.instagram.com/nextadvisory.nz/

This week Phil dives into how you can go about buying into your employers business to build wealth.

If you're interested in working together:

let's connect over a quick call: https://calendly.com/philsmith/

Get our $20,000 business planning tool for free: https://nextadvisory.nz/

Instagram: https://www.instagram.com/nextadvisory.nz/

The third and final session with Gordon of his 90 day business planning, you guys have loved the first two sessions so we thought its only right to share the third one too.

If you want to explore doing the 90 Day Plan please email Luke: luke@nextadvisory.nz and say that you've seen this video. We can see if there are spaces available.

If you're interested in working together in other ways:

let's connect over a quick call: https://calendly.com/philsmith/

Get our $20,000 business planning tool for free: https://nextadvisory.nz/

Instagram: https://www.instagram.com/nextadvisory.nz/

Andy from Abstract Floors joins us to share his journey from running solo to leading a team and hitting major milestones.

A raw and inspiring look at the highs, lows, and lessons of building a business the right way. We touch on the deep work required as an individual to get there too. Andy reveals some of the success to his brand growth as well as the many tactics and tips required to run a successful business.

Be inspired and take action!

Find Andy: https://www.abstractfloors.co.nz
Insta: https://www.instagram.com/abstract.floors?igsh=MXQ2dWV3NXR1Y3lucw==

The reserve bank have dropped the official cash rate by a massive 50 basis points from 3% to 2.5% but will this really stimulate the economy and put confidence back into it to get people back out there spending money. We're not too sure and in this we're going to try predict how low this could actually go. 

More information about our 12 month program here: https://nextadvisory.nz 

If you're interested in working together in other ways:

let's connect over a quick call: https://calendly.com/philsmith/

Get our $20,000 business planning tool for free: https://nextadvisory.nz/

Instagram: https://www.instagram.com/nextadvisory.nz/

Ever wondered how to actually price your services for profit, with confidence? In this behind the scenes coaching call, you’ll hear real advice I gave to a Kiwi business owner struggling with pricing, cost, and value.

We cover:
Why pricing based on competitors is a race to the bottom
The difference between cost-based and value-based pricing
How to test your prices and use real market feedback
Why most NZ businesses undercharge (and how to fix it)
The mindset shift from “what will people pay?” to “what is this worth?”
How to handle pushback when you finally raise your prices

This is a raw, practical look at the pricing conversations most business owners are too scared to have. If you want to stop leaving money on the table and start charging what you’re worth, this is a must watch.

If you want coaching or accountability to do the same in your business, learn more here about our 90 day coaching program: https://docs.google.com/document/d/1acnptnsWf9u2hgwABOFB68z7-1YxlTyNaLZ58coQvs4/edit?tab=t.0

OR get swipe our $20,000 business planning tool for free here: https://nextadvisory.kartra.com/page/businessplan

If you're interested in working together in other ways:

Visit our website https://nextadvisory.nz

Let's connect over a quick call: https://calendly.com/philsmith/

Instagram: https://www.instagram.com/nextadvisory.nz/

Statistics New Zealand recently updated their household net worth data, and we are about to take you through what you need to have in terms of Net Worth to be considered in the top 1%, 5%, 10% and 50% of wealth in New Zealand. As always with data like this you need to be careful not to read too much into this or compare yourself too much but their are lessons we can take from it too and start thinking about our businesses now and into the future.

Get our $20,000 business planning tool for free: https://nextadvisory.nz/

If you're interested in working together in other ways:

let's connect over a quick call: https://calendly.com/philsmith/

Instagram: https://www.instagram.com/nextadvisory.nz/

Recently we asked a large number of business owners what their number one challenge was in business and in this podcast we'll take you through some of their responses. We're sure that you will probably relate to a number of these because they include things like people, cashflow and bureaucracy getting in the way. Feel free to let us know your #1 challenge in the comments.

Today we are exploring hindsight and what we would tell ourselves 12 months ago and then what our future version of ourself in 12 months from now would tell our current selves. Strap yourself in because this one is going to get you thinking and we'll give you some examples to help you in your own situation.

If you're interested in working together in other ways:

let's connect over a quick call: https://calendly.com/philsmith/

Get our $20,000 business planning tool for free: https://nextadvisory.nz/

Instagram: https://www.instagram.com/nextadvisory.nz/

We hear from various business owners across NZ who have worked through our 90 Day Business planning program and find out what they learnt!

We are currently on our annual business planning process and will give you some updates from some of the days that we are down here

If you're interested in working together in other ways:

let's connect over a quick call: https://calendly.com/philsmith/

Get our $20,000 business planning tool for free: https://nextadvisory.nz/

Instagram: https://www.instagram.com/nextadvisory.nz/

We are currently on our annual business planning process and will give you some updates from some of the days that we are down here

If you're interested in working together in other ways:

let's connect over a quick call: https://calendly.com/philsmith/

Get our $20,000 business planning tool for free: https://nextadvisory.nz/

Instagram: https://www.instagram.com/nextadvisory.nz/

We are currently on our annual business planning process and will give you some updates from some of the days that we are down here

If you're interested in working together in other ways:

let's connect over a quick call: https://calendly.com/philsmith/

Get our $20,000 business planning tool for free: https://nextadvisory.nz/

Instagram: https://www.instagram.com/nextadvisory.nz/