Magazine article New Zealand Management

InTouch: Share Business Knowledge!

Magazine article New Zealand Management

InTouch: Share Business Knowledge!

Article excerpt

New Zealanda[euro]s larger companies can help their SME (small/medium enterprise) counterparts through the recession by donating mentoring support.

Thata[euro]s the suggestion from Business Mentors New Zealand a[euro]" a not-for-profit organisation that provides access to 1600 volunteer mentors and, since establishment in 1991, has helped out 49,000 companies. Its CEO Ray Schofield says a donation of $1000 will enable five more New Zealand SMEs to access valuable mentoring advice and support.

a[euro]We are hoping that more (large) companies will get involved so that we can continue to provide our business mentoring service to New Zealand businesses.a[euro]

BMNZ has reported a surge in small to medium companies needing business advice as a result of the difficult economic environment. During the first half of 2009, mentoring requests increased by 60 percent over the same period last year.

According to Schofield, the fact that more companies are taking advantage of the service is a positive move in the right direction as getting the right advice can give them a higher chance of surviving the economic chill. …

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