The #WhatsNext Podcast

Looking for more clarity and growth in your business? Book a call with us at https://nextadvisory.nz The RBNZ has once again dropped the OCR rate a further 25 basis points down to 2.25% to provide some repreive to New Zealand, but whats next? Phil & I discuss the recent drop, some positive economic data starting to shine through the cracks and whats next for the country heading into what could be a very important summer.If you're interested in working together:Visit our website https://nextadvisory.nzLet's connect over a quick call: https://calendly.com/philsmith/Instagram: https://www.instagram.com/nextadvisory.nz/

Apply for our 12 month business planning: https://nextadvisory.nz/the-winning-formula/ Today we cover the all important question of what to do when your employees are bored or without much to work on, it may be daunghting hiring nowadays only to end up paying a salary whilst not having enough work on them, so Phil and I cover a few key things you can do when they have spare time. Hope this helps If you're interested in working together:Visit our website https://nextadvisory.nzLet's connect over a quick call: https://calendly.com/philsmith/Instagram: https://www.instagram.com/nextadvisory.nz/

Book a call for our 90 day business planning program: https://nextadvisory.nz/90-day-business-planning/6.1% unemployment, commercial vacancy rates are up, retail sales are down and yet we've got ministers and mayors who are supposed to be fixing this.Luke and Phil break down the reality of whats happening, why Queenstown is buzzing and the city of Auckland that was once a powerhouse, is now deflated.The data is brutal. The problems are obvious. But where are the solutions from the people in charge?If you're interested in working together:Visit our website https://nextadvisory.nzLet's connect over a quick call: https://calendly.com/philsmith/Instagram: https://www.instagram.com/nextadvisory.nz/

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.nzLet'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/philsmithMost 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.nzLet'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.nzLet'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.nzLet'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.nzLet'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.nzLet'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.nzIRD 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.nzLet'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/buyingMost 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.nzLet'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.nzInsta: 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 bottomThe difference between cost-based and value-based pricingHow to test your prices and use real market feedbackWhy 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 pricesThis 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.0OR get swipe our $20,000 business planning tool for free here: https://nextadvisory.kartra.com/page/businessplanIf you're interested in working together in other ways:Visit our website https://nextadvisory.nzLet'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 hereIf 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 hereIf 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 hereIf 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 hereIf 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 have a lot of clients with kids and they all have mixed ways to get a lot done in their business, with tactics and tools that help them. In this podcast we go through some of the comments that were left in the skool group to help juggle kids and business. Hopefully you can learn from some of them. 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 noticing more and more clients are having a slower December and January which got us thinking what else could be contributing to this. It seems like many business owners are getting frustrated with the level of sick days and working from home days, and how those are potentially impacting the amount of annual leave someone can stack up. In this podcast we'll start the conversation on it and we welcome you to send in your stories from across your business and what you've seen with some of your employees so we can do a follow up podcast.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 recently recorded a 90 day business planning session with Gordon who was happy for us to share it, you guys loved it and so here's his second session so you can follow along with his journey. We both hope that it helps you.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/

We're coming up to the end of the year where very quickly we will be in summer and Christmas mode and we'll lose a lot of weeks because people will stop making decisions, so in this podcast we'll take you through some of the things you should be thinking about to make sure you close out 2025 well and start 2026 on the front foot.

The reserve bank are finally telling us that they're rolling over and bringing the official cash rate down faster than they had expected to previously and this sent the markets into a bit of a frenzy with excitement, but is it all a little bit too little too late. In this podcast we will go through some of the headwinds for the economy and wether we should be getting excited or encouraging ourselves to keep the foot on the gas. 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 recently recorded a 90 day business planning session with a client who was happy for you to learn from their session. We both hope that it helps you.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/

Today, we sit down with Rose Kennedy, the visionary behind Rose's Dining Table, a unique experience that turns dining into a form of creative expression.From quitting her full-time corporate job because she knew she wasn't herself, to designing immersive dining experiences across New Zealand, Rose shares how her signature pink dining table became a symbol of connection, creativity, and conceptual hospitality.We talk about the power of shared meals, building a brand rooted in emotion and design, and how one bold idea can create space for community, conversation, and unforgettable experiences.Find Rose: Instagram: https://www.instagram.com/rosesdiningtableWebsite: https://rosesdiningtable.co.nzLinkedIn: https://www.linkedin.com/in/rose-kennedy-777705171/

Waiting seems to be a common theme that is popping up with a lot of SME's across the country as they wait for some external sign before hiring or marketing or doing something they know deep down they need to do. In this podcast we take you through some examples we have seen recently where people are waiting when they don't need to be.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/

The first payment of provisional tax for the 2026 year is paid on the 28th of August and on this podcast we'll take you through some of the key themes we noticed when reviewing 100 SME's profit amounts for the current financial year. In this podcast you will learn more about provisional tax and how some people use it as a finance arm in their business. 

We know that it's tough out there and we're potentially in a double dip recession so we asked some of you to tell us what wins you're having, so in this podcast we'll take you through a number of wins from people in their first year of business through to their 20th year of business. Its time to get excited and celebrate some wins, as often as business owners we forget to do this.Book in a call with Phil: https://calendly.com/philsmith/buyingGet our $20,000 business planning tool for free: https://nextadvisory.nz/Join the skool group: https://www.skool.com/nextadvisory-business-basics-5934Instagram: https://www.instagram.com/nextadvisory.nz/Business inquires: luke@nextadvisory.nz

Unemployment recently came in at 5.2% but is even higher in Auckland which is the powerhouse of New Zealand's economic activity, this is grim reading for many but others thought it would be higher. In this podcast we try to work out wether it will go any higher, and what we all need to be thinking about. Maybe its time for us business owners to increase our hiring.Book in a call with Phil: https://calendly.com/philsmith/buyingGet our $20,000 business planning tool for free: https://nextadvisory.nz/Instagram: https://www.instagram.com/nextadvisory.nz/Business inquires: luke@nextadvisory.nz

Hear first hand from Rose from Rose's Dining Table, who went through the nextAdvisory 90 Day Business Planning Program. Rose shares why this was the right fit for her and her lessons from throughout the course of the 90 days. Investing in yourself and your business is important and Rose explains why sometimes you need to pay to have someone in your corner to help you move toward your goals faster. Enjoy!Find Rose:
Instagram: https://www.instagram.com/rosesdiningtableWebsite: Rosesdiningtable.co.nz
LinkedIn: https://www.linkedin.com/in/rose-kennedy-777705171/

In this podcast we are going to take you through a number of examples of expenses in business so that you can get a feel for the types of things a businesses can claim, and perhaps check if you are claiming these yourself. As always remember that you should check with your accountant as a number of these things can be specific to an individual business, so always seek some advice first. 

Phil is fielding two to three calls a week from people looking to buy a business, and many of these conversations follow a similar pattern. Often, people aren't quite sure if they're truly ready to take the leap. This podcast is designed to get you thinking before you reach out or request an information memorandum, so you can be better prepared as you start your business acquisition journey.Book a call with Phil: https://calendly.com/philsmith/buying

Everywhere you look lately, it seems like there are sad faces and a general sense of gloom about New Zealand and its future. In this podcast, we dive into why that might be and, more importantly, what we can do in our own lives and businesses to lift the mood, bring back some positivity, and put a smile on the old dial. We'll also encourage you to do some cool stuff that helps you feel grateful for New Zealand all over again.

Viv from Girls Get Off joins us in the studio to share key lessons from their journey of turning an idea into a multi-million dollar sex toy business. We dive into topics like scaling into new countries, creative social media strategies, and how to keep innovating in a fast-moving market. You'll enjoy this one and walk away with insights you can apply to your own business.Find them here: GirlsGetOff.comFind us here: Book a call with us: https://nextadvisory.nz/#book-online Visit our Instagram page: https://www.instagram.com/nextadvisory.nz/ Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about

Starting 1 September, Xero will be increasing the prices for several of its packages. In this podcast, we'll walk you through those changes, but more importantly, we'll show you how to get the most out of Xero so it becomes a powerful tool to support your business, not just a pesky piece of accounting software.Find us here: Book a call with us: https://nextadvisory.nz/#book-online Visit our Instagram page: https://www.instagram.com/nextadvisory.nz/ Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about

We recently read about how the Gold Coast is gearing up to host the 2032 Olympics, giving the region something big to work towards and look forward to. It got us thinking, what if we applied the same mindset to our businesses? In today's tough economic climate, setting long-term goals and milestones can help keep us motivated. In this podcast, we explore how to create your own ‘Olympics' to look forward to, both in business and in life.Find us here: Book a call with us: https://nextadvisory.nz/#book-online Visit our Instagram page: https://www.instagram.com/nextadvisory.nz/ Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about

We're often asked, ‘When is the perfect time to upgrade my vehicle?' In this podcast, we're not going to give you a silver bullet, but we will walk you through some key things to consider when the time comes. The truth is, you usually only know the perfect moment with hindsight, so it's all about making the best decision with the information you have now.Find us here: Book a call with us: https://nextadvisory.nz/#book-online Visit our Instagram page: https://www.instagram.com/nextadvisory.nz/ Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about

We're going to take you through some common pricing problems that may be holding your business back and share insights on how to shift your thinking to value yourself more highly and, in turn, increase your profits. We'll also share a client example that highlights how a scarcity mindset and a desire to keep everyone happy can limit growth. Enjoy!Find us here: Book a call with us: https://nextadvisory.nz/#book-online Visit our Instagram page: https://www.instagram.com/nextadvisory.nz/ Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about

On 9 July, the Reserve Bank will once again announce whether it plans to lift, hold, or cut the Official Cash Rate. In this podcast, we'll explore what we think might happen and share some data that suggests they may decide to hold steady, for nowFind us here: Book a call with us: https://nextadvisory.nz/#book-online Visit our Instagram page: https://www.instagram.com/nextadvisory.nz/ Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about

We've now passed the halfway mark of 2025, making it a great time to reflect, reset, and re-energise as we gear up for the second half of the year. It might even be time to start thinking about what 2026 could look like for you. In this podcast, we'll also share some insights into how we see the remainder of 2025 playing out.Find us here: Book a call with us: https://nextadvisory.nz/#book-online Visit our Instagram page: https://www.instagram.com/nextadvisory.nz/ Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about

The NBR's annual Rich List was recently released, sparking the usual mix of outrage and inspiration around wealth in New Zealand. In this podcast, we'll share some reflections on the reactions and explore how we can shift our mindset, so we don't stay stuck in frustration, and instead use it as motivation to think and act differently.Find us here: Book a call with us: https://nextadvisory.nz/#book-online Visit our Instagram page: https://www.instagram.com/nextadvisory.nz/ Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about

MYOB recently polled business owners to find out what they plan to spend in the next 12 months and whether they'll be taking advantage of the investment boost. In this podcast, we'll walk you through some of the data and share what business owners are thinking when it comes to the new tax rules.Find us here: Book a call with us: https://nextadvisory.nz/#book-online Visit our Instagram page: https://www.instagram.com/nextadvisory.nz/ Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about

People still aren't flocking back to malls or ramping up retail spending and this is your reminder that if anything is going to change in your business, it'll be up to you to make it happen. In this episode, we'll explore why things remain tight out there, but also why the second half of the year might look a little different… or will it?Find us here: Book a call with us: https://nextadvisory.nz/#book-online Visit our Instagram page: https://www.instagram.com/nextadvisory.nz/ Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about

Often we see business owners who start making more profit and use that success to buy back their time. But when profits dip, they can forget that profit isn't the only metric that matters. In many cases, they've added long-term value to the business, built a stronger asset, or achieved other meaningful progress. In this podcast, we'll share real examples from clients going through this and offer some ways you might want to think about it too.Find us here: Book a call with us: https://nextadvisory.nz/#book-online Visit our Instagram page: https://www.instagram.com/nextadvisory.nz/ Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about

It's not often we're this gentle, but consider this a firm cuddle for business owners feeling frustrated by a lack of progress or growth. You're not alone, we're seeing this across the board. Sometimes the market simply isn't there, but if you keep showing up and doing the things you know you should, the results will come. This episode is a reminder that you're not the only one going through it right now.Find us here: Book a call with us: https://nextadvisory.nz/#book-online Visit our Instagram page: https://www.instagram.com/nextadvisory.nz/ Access to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about