Tutbury Associates LtdTutbury Associates Ltd

By Kelly Tutbury

Tauranga-based accounting experts Tutbury & Associates Limited announce Facebook Giveaway.

Tauranga-based accounting experts Tutbury & Associates Limited announce Facebook Giveaway.

In an exciting announcement, the accounting experts  at Tauranga-based Tutbury & Associates Limited are giving away a $200 The Warehouse voucher on their Facebook page.

“To celebrate the launch of our new look Facebook page, we are excited to giveaway a $200 voucher at The Warehouse Voucher to one lucky winner,” says Kelly Tutbury, Accountant and Managing Director at Tutbury & Associates Limited.

To be in with a chance of securing this great prize, you are invited to go the Tutbury & Associates Limited Facebook page at https://www.facebook.com/tutburyassociates/ and follow these three steps:

  1. Like the Tutbury & Associates Limited Facebook page.
  2. Tag a friend in the comment on the post about the giveaway.
  3. Share the post for an extra entry.

Have personal, business and commercial accountancy needs? Tutbury & Associates Limited can expertly assist you. The cloud-based Tutbury & Associates offer their professional business advisory services nationwide.

With innovation and technology listed as their key motivators, Tutbury & Associates Limited can help you achieve goals with business planning, cashflow management, quarterly coaching, monthly coaching, KPI improvement, marketing plans, value-based selling and succession planning.

“We also focus on assisting our clients with compilation, financial planning, taxation, business accounting, family trusts and Xero bundles,” adds Kelly.

The contest ends on 19/06/2018, so make sure you get your entries in before then to win this fantastic prize.

If you want to achieve more in the new financial year then speak to the friendly experts Tutbury & Associates Limited today.

About Tutbury & Associates Limited.

Tutbury & Associates Limited has worked hard to build their reputation of excellent customer service by working interactively with their clients and making sure that their clients get value for money. They are ideal for ideal for trades people, or anyone who wants to grow their business.

Contact Tutbury & Associates Limited:

Phone: 07 576 2194

Email: admin@tutburyassociates.co.nz

Address:  23 Myres Street Tauranga

Website: http://tutburyassociates.co.nz

Facebook: https://www.facebook.com/tutburyassociates/

Instagram: https://www.instagram.com/tutburyassociatesltd/

Youtube: https://www.youtube.com/channel/UCTYBVKrnJdeuxPLwnjDejfw

Google+: https://plus.google.com/u/0/114723736893906149541

Pinterest: https://www.pinterest.com/tutburyassociatesltd/

Twitter: https://twitter.com/TutburyAssoc

LinkedIn: https://www.linkedin.com/company/13728219/admin/overview/

 

Contact MediaPA:

Phone: 0274 587 724

Email: phillip@mediapa.co.nz

Website: www.mediapa.co.nz

Facebook: www.facebook.com/MediaPA

Twitter: twitter.com/NZ_MediaPA

YouTube: www.youtube.com/user/TheMediaPA

Pinterest: www.pinterest.com/NZMediaPA

By Kelly Tutbury

Hobby or business? How to turn your hobby into a business

Thinking about turning your hobby into a money generating business? These steps will help you avoid some common mistakes as you set out to earn an income from your favorite pastime.

Do you have what it takes?

Unless you’ve run a business before, it’s easy to get carried away with the idea of how perfect it will be to get paid for doing what you love. Reality check: the stress of needing to earn an income from your hobby can quickly take all the pleasure out of it.

Running a successful business isn’t all hobby indulgence. Unless you can afford to hire someone to take care of the bookkeeping, marketing and sales, expect to spend a lot of hours on necessary tasks completely unrelated to your true passion.

Before you start investing in your hobby-to-business idea, take this online quiz to see if running a business is right for you.  If its right check out www.business.govt.nz for help with getting started and then contact us www.tutburyassociates.co.nz

Do your market research

If you’ve been gifted with the entrepreneurial spirit, you’re ahead of the game. It’s definitely a plus to be able to combine business know-how with your passion.

The question is, will people pay you for your great idea. If you love to garden, for instance, who will buy your herb garden kids, custom flower arrangements, or green thumb e-books?

One of the biggest mistakes home-based solopreneurs make is not doing their market research.

In a nutshell, market research is the process of:

  • identifying potential markets
  • understanding what your customers most want and need
  • matching up your products and services to those needs
  • examining the competition and
  • creating a marketing plan.

As a pro tip, focus your efforts on a niche that isn’t currently being filled to increase your chances of success. You’ll minimize the competition and cut out unprofitable possibilities by creating a must-have solution designed for a highly specific customer.

Strategic marketing ideas

If you’re just starting up, odds are you’ll be running your business on a shoestring. You’ll need to be very selective about how you spend your marketing dollars—which is why it’s so important to know exactly who your customers are off the bat. Then it’s all a matter of making it as easy as possible for those people to find you.

A website and social media presence are essential for any small business. Consider craft fairs and trade shows, sponsoring a community event, joining a local business association, or partnering up with a compatible business as low-cost ways to get the word out.

Final thoughts

If turning your hobby into a business seems right for you, test the waters for six months to a year before diving in. Running a small, no-pressure side business at first will show you whether your idea has the potential to become a sustainable full time business—before you quit your day job and invest all your savings.

Drafting a simple one page business plan before early on is a great way to help you think through and evaluate your idea, step by step, as you set goals and identify strategies to achieve them.

Business planning may seem like a lot of work for a small part time business venture, but unless you have a plan, how will you know when you’ve achieved your benchmark for success?

 

Tauranga-based accounting experts Tutbury & Associates Limited announce Facebook Giveaway.
Hobby or business? How to turn your hobby into a business