The country’s 1,900 volunteer business mentors are providing more in depth advice to New Zealand’s small to medium sized enterprises than ever before, the CEO of Business Mentors New Zealand, the only national, volunteer business mentoring organisation, told its 22nd AGM today.
Ray Schofield, CEO Business Mentors New
Zealand told the AGM, hosted by ASB Bank at its new North Wharf building in
Auckland: `Our business mentors are now more hands on than ever. When we
started 56% of SMEs saw their mentor only once. That figure has fallen to an
all time low of 16% as mentoring has become so much more part of a business
owner’s development. On average our mentors will visit a business more than
four times, but many mentor/business relationships last for quite long periods
of time and become an essential part of the business’ development. Our mentors work closely with tens of thousands of SMEs and their owners, and have become
a vital part of nurturing the New Zealand economy.’
Business Mentors New Zealand helps around 250
businesses every month and has assisted more than 65,000 small to medium-size
enterprise owners in New Zealand over the last 22 years.
Ray Schofield commented:
`Cash flow is still the number one problem facing SMEs but our mentors with the
support of many of our Partner Patrons have become more creative in helping
businesses find solutions to managing it. We are still asked, what sort of
mentor will I get, or will people think less of me for asking for help, but by
and large New Zealanders are becoming more willing to use a business mentor as
a way of making their business more successful.
‘We have clearly
shown that business mentoring has a significant role to play in the health of the
country’s economy. New Zealanders make very good mentors. Friendliness and the values of “putting
something back”, fairness and giving someone a hand up, resonate well with most
of us. We have accumulated significant
“grassroots” knowledge of small businesses and their owners –what their
strengths, weaknesses and needs really are (as opposed to what they say they
are).’
Through the work of over 1,900 independent
volunteer business mentors BMNZ enables people with recognised skills and
success to put something back into their own communities. Business
Mentors New Zealand provides access to a wide variety of volunteer mentors (who
give their experience, skill and knowledge free of charge). The focus of the
organisation is on developing capability, profitability, and employment
generation. Business Mentors New Zealand is funded largely by patrons from the
private sector, with additional support from New Zealand Trade and Enterprise.
It provides a mentoring service to any businesses that are trading, with less
than 25 employees.
There
is no limit on the number of mentoring sessions. The $150 registration fee
allows mentoring for up to two years. The term of the relationship
with a mentor depends on the objectives and goals both client and mentor
jointly agrees upon. They can also contact their co-ordinator at any point for
further assistance
For more information about Business Mentors
New Zealand please visit www.businessmentors.org.nz
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http://prwire.com.au/permalink/39725/business-mentors-providing-more-involved-advice-than-ever-before
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