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Which organisations are going to fill the BIG shoes of the 2006 Category Winners?
Entries are now open for this years Westpac Rotorua Business Excellence Awards.
From the beginning of February nominations have flowed in to the Chamber of Commerce as the community of Rotorua identifies the very best of Rotoruas business
organizations.
The organising committee of the Awards have organized the timetable to allow for the maximum amount of time in entry preparation. The entry phase opened on Monday 2 April. Organisations have until Friday 6 July to prepare and submit their entry.
Entry to the Awards has again been simplified with an standard entry available to download from the Chamber's website www.rotoruachamber.co.nz . The template clearly identifies the ten entry sections and provides questions as prompts for the content. Using the template ensures that organisations are compared against similar criteria.
Further support is provided for prospective entrants with two seminars organized by Convenor of Judges, Melanie East. These seminars feature presentations by judges on their expectations of entry content. Winners from last year provide an insight into their experience of compiling and submitting the entry, the review of their entry by the visit from judges and the final judging weekend presentation. All finalists have commented on how positive their experience was, even though at times challenging.
Entering the awards brings a raft of benefits to any organisation and gives a strong return on the investment in preparing the award entry.
- An opportunity to analyse your own business progress.
- A great team building project in preparing in gathering the information, assessing the strengths and preparing the entry.
- A visit from experienced and know-ledgeable judges resulting in constructive feedback for business development.
- An opportunity to celebrate your own business success and a tangible acknowledgment of those in your business who have made your success possible.
- Strong media and publicity opportunities for finalists and winners.
The Chamber of Commerce staff are also able to provide support to prospective entrants. Assistance with choosing the most appropriate category can be provided and queries on award preparation answered.
The Gala Presentation team is already hard at work designing the concept and theme for what will be a truly memorable event. Although it is well ahead, many have already diaried the evening of Friday 5 October as an engagement they can't miss.
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Rotorua's second Lion Foundation Young Enterprise Scheme will see students front up to a 'Dragons' Den' to present their business plan ideas to judges in a 5 minute presentation. At the event on 8 May at the Rotorua District Council Civic Centre, students will be marked on their written business plan, business card design, product display and their oral presentation.
Destination Rotorua Economic Development's employment skills co-ordinator, Jo Gargiulo, says it will be a nerve wracking time for the students as they showcase their product or service ideas to a panel of judges, or 'dragons', and demonstrate how they are going to develop their business over the year.
 “The Young Enterprise Scheme is an inspirational programme that offers students the opportunity to experience what it's like to be in business and to become entrepreneurs. It complements other career options for our young people, such as university, apprenticeships and other types of training.”
Other coming events for the students include a trade fair at City Focus in August providing a channel for their products to be sold to the public, and regional awards where an overall best team will be named to represent the Bay of Plenty at the national awards in Wellington.
Already this year the students have participated in an 'Eday' training workshop where they brainstormed to come up with product and service ideas to work with for the year.
The Lion Foundation Young Enterprise Scheme (YES) is supported locally by the Rotorua Trust and Rotorua District Council and provides a business learning experience for young people, teachers and business people. Secondary school students form a company, become directors, and develop products and services which they market and sell. YES is school-based and teaches budgeting, planning, interpersonal relations, decision-making, reporting, communications, risk management and teamwork.
At the local level the scheme is supported by regional coordinators who identify business mentors for each company, arrange directors, trade fairs, and end of year presentations. Destination Rotorua Economic Development runs the programme in Rotorua.
Miss Gargiulo says opportunities still exist for business people to become mentors to Young Enterprise Scheme teams and anyone interested in helping our young people can contact her at the council's economic development unit on 07 348 4199.
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AAPNZ Rotorua is pleased to be hosting the AAPNZ 2007 Conference
Our conference theme is James Bond 007, and boy, have we got some professional development and fun planned for you.
Speakers include:
- Ann Andrews, Teams from Woe to Go
(The World is Not Enough - keynote speaker)
- Debra Bell (Live and Let Die - Networking)
- Keith McGregor, Psychologist
(Dr No Delegation and Motivation)
- Dr Steven Saunders, Psychologist
(The Spy Who Loved Me Prickly Personalities)
- Eth Lloyd (Gold Finger - Career Intelligence:
Where does your future lie?)
- Betty Bayley, National Feng Shui Consultant,
(The Living Daylights Feng Shui in the Office)
- Pat Armistead, Joyologist (Die Another Day)
And that's not all! We have also planned a fashion show, expo, gala dinner event, a mystery tour and lots of food, fun, and of course, networking 3 days of unbeatable value from any other conference. Why pay over $2000 to hear these top speakers when you can hear them for a quarter of the price? If you value yourself and your career, and your employer values your contribution and professional development, come and join us to be inspired, educated, and “Shaken and Stirred”.
Don't miss out on what is going to be a great 2007 conference. Get your request into your company's budget and register NOW!! Visit the AAPNZ Website www.aapnz.org.nz and click on the Conference 2007 tab.
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AAPNZ Who are we
The Association of Administrative Professionals (NZ) Inc. is a voluntary national association administered by its members, for its members. Many people are making a career in administrative roles and the public and employers increasingly acknowledge the breadth of demands and skills required of these people. With our rapidly changing office environment, it is even more important these days to upskill and stay in touch with your profession through its professional organization.
Vision:
AAPNZ encourages personal and professional administrative excellence within a global network
Aims and Objectives of AAPNZ
- To promote and develop the standards for administrative professionals.
- To provide guidance and advice for continuing professional and personal growth.
- To recognise members' achievements.
- To provide the opportunity to network and mentor both nationally and globally.
REMEMBER
As with anything in life, you get out of it, what you put into it!
First Ever Careers Month Offers Jobs And
Training Options for Rotorua People
Rotorua Careers Month, a first for New Zealand, will take place in May highlighting training and job opportunities for students, career changers, employees, employers, parents and the broader community
The new initiative was an idea from Destination Rotorua Economic Development's employment skills co-ordinator, Jo Gargiulo, who says it will showcase options not only for young people but also for the wider Rotorua community.
“It will help alleviate the skill shortages that our region is facing and highlight what Rotorua can offer to our local people.”
The new programme is backed by a steering group making the project come to life and has support from Mayor Kevin Winters, MP Steve Chadwick and the Ministry of Social Development.
Miss Gargiulo said Careers Month will help grow Rotorua's capability and retain young people by increasing their careers knowledge and awareness of available further training and employment within the region.
“It's an exciting new initiative for Rotorua as we'll be the first area in the country to bring together a range of organisations to promote careers, training and opportunities through a collaboratively developed full month of careers related activities,” said Miss Gargiulo.
Rotorua Careers Month includes hospitality road shows into all schools, revival of the Rotary Careers Evening, engineering and other industry site tours for students, and Novotel and Ibis Hotel's open day demonstrating hospitality industry careers and job opportunities.
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Growing Numbers of Young Professionals in Rotorua
According to BOOST, a group committed to connecting and informing young executives in Rotorua, the number of 25 40 year old professionals and business owners in Rotorua is on the rise.
“We have gone from a handful of members in the middle of last year to upwards of 30 attendees at our first meeting for 2007” says BOOST committee member, Grant Evans.
The increase in numbers means exciting times ahead for BOOST with even more like-minded and similar aged people in Rotorua to share ideas and experiences.
“With the growth in numbers we are finding there is even a greater demand for a group like BOOST and we are evolving to meet the needs of our current and potential members” says Evans.
The recently re-branded and re-focused BOOST now hosts a meeting on the first Monday of every month at various venues around Rotorua. Each meeting includes a guest speaker to share their experiences and address relevant issues for young professionals and business owners. Well known Rotorua entrepreneur and property developer, Ray Cook, started the year for BOOST with an insightful talk about the triumphs and tribulations during his career so far.
“Ray was the perfect choice to start the BOOST meetings for the year as he is highly successful yet down to earth and approachable, making him a great role model for up and coming professionals.” says Evans.
BOOST meetings are open to anyone interested in connecting with other young professionals in Rotorua. Entry is free and refreshments are provided. The next BOOST meeting is scheduled for Monday 7 May, at SBS Technology. The guest speaker is local entrepreneur Paul Croucher of Croucher Brewing.
For more information about BOOST contact Mark Holt on 349 0470.
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Newstalk ZB – Chamber of Commerce Logo
A little overcast to begin, then a gradual improvement in the weather to provide ideal golfing conditions, resulted in an enjoyable day for golfers and non-golfers alike.
The change in format to a mixed competition of medal and Ambrose provided an opportunity for those 'true' golfers who enjoy the cut and thrust of a competitive game, and the others, a mix of golfers and non-golfers top enjoy the more leisurely Ambrose format. And, it would be fair to say, some of the non-golfers enjoyed a lot of golf.
The Iron Maidens certainly walked away with the prize for the most golf, giving reason to why they work at Waiariki rather than persuing a professional career on the links. Another participant, who has asked to remain nameless because of the risk of retribution from the Iron Maidens, questioned whether it was possible to rack up so many shots.
At the other side of the scoring spectrum, it was very pleasing to see two of Rotorua's best golfers Mike and Penny Smith having a fun day and playing in the Ambrose. Their score of 15 under par for a single round is certainly setting the benchmark for future competitions. Perhaps there should be an added incentive for the first team to break the magical 18 underpar. The Guardian Trust Champion Team trophy was awarded to the Web Advantage Team that was made up of Mike and Penny, with Craig and Nicky Newbrook.
The medal round also featured some fierce competition with countback calculations being required in a number of divisions. Erin Parkinson and Anthony Plowman both carded a 75 to tie the Best Overall Men's Gross with Erin winning the countback. While in the first division men's net Sonny Watene was declared the winner over Don Stewart, both recording a net 68.
The second division men was close, but clear winners in Terry Rose for the Gross and Joe Brown for the Net. In the Ladies division it was great to see Diane Donald and Raewyn Holloway coming all the way over from Unison in the Hawkes Bay to join us for the day. Unfortunately this year they didn't walk away with a major prize. These went to Shelley McElroy for the Gross and Caroline Kopu for the Net.
The prize table was extensive thanks to wonderful support from a wide range of sponsors. This enabled the prize list to go down as far as 10th team in the Ambrose (40 players) and 20 prizes for the medal round.
The sponsors also helped to make the round so much more enjoyable. The Croucher Brewery Bar set up on the 5th hole was responsible for an enjoyable pit stop for many. Then there was the Konica Minolta hospitality boot. With a hole in one prize up for grabs on this hole, it was an apparent strategy to ply all the players with a beverage so they couldn't concentrate on their attempt for the ace!
The pitching competition run by Orb Communications on the 17th resulted in some weird and wonderful attempts to win the mobile phone.
And then, of course, there was the Newstalk ZB Drinks Wagon speeding round the course to keep everyone well refreshed.
Newstalk ZB and the Chamber of Commerce would like to acknowledge and thank a great team of sponsors for this event.
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Prize Sponsors
Agrojet
Bill Holden Landscape Design
Complete Telecommunications
Guardian Trust
Harcourts Wakelin Real Estate
Harvey Norman
House of Elliott
Kiwi Bikes
Konica Minolta
Liquor King
LV Martin & Son
Millennium Hotel
MORE FM
New Zealand Golfing Gazette
Novotel Lakeside Rotorua
NZ Golf Gazette
Opus International Consultants
Off Road NZ
OfficeMax
Skyline Skyrides
Tandoori Palace
The Fitness Studio
The Lewis Plumbing Company
The National Bank
The Meat Shoppe
Unison
Westend New World
Westpac Rotorua
Wild Rice Thai Cuisine
Waiariki Institute of Technology |
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Hole Sponsors
Newstalk ZB
Millennium Hotel
Office Max
Davys Burton
Croucher Brewery
Galaxy United Travel
New Zealand Guardian Trust
PhotoArts
Hamurana Country Lodge
Konica Minolta
Bill Holden Landscape Design
Kiwi Bikes
Unison
Rydges Hotel
Harcourts
MTEC
Dave Patterson
Orb Communications
Waiariki Institute of Technology
Bayleys / Eves Realty |
We look forward to next year.
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Rotorua Business Of The Year Goes Turbo
12 of New Zealand's leading small businesses took part in a new 'master class' recently, with some of this country's top businesspeople, thanks to a new Westpac initiative.
Westpac values business excellence in all fields and each year sponsor a series of regional Business Excellence Awards throughout New Zealand. This year, in addition to the regional awards, they hosted 13 regional winners at Pontoon in Auckland for a business 'master class.' Amongst the attendees was local Westpac Rotoura Business Of The Year winner Stewart Brown of Rotorua's Rainbow Springs.
Suitably named the “Westpac Business Excellence TurboClass”, attendees took part in a full day interactive workshop with some of New Zealand's most prominent and successful business leaders, including Andrew Stone, CEO of Saatchi & Saatchi, Russell Stanners, CEO of Vodafone, Navman founder Peter Maire and our own Ann Sherry, CEO of Westpac.
With advice on branding, financial management, leadership and sustainability, the workshop was designed to challenge thoughts on running a successful business. The day was first and foremost a celebration of excellence, and departing Westpac CEO Ann Sherry acknowledged the success of the winners, commenting, "One of my overriding impressions has been the innovation and energy of the country's small and medium-sized business sector. The potential for success is huge.”
Westpac's sponsorship of the Business Excellence Awards and the TurboClass event is part of Westpac's focus to actively working with local communities to encourage business growth.
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Exiting Your Business - What’s Its Value?
In a previous article for the Tabloid we highlighted the move by the ‘baby boom’ generation to start exiting their businesses and the need to be planning that exit strategy. As part of the strategy we emphasised the need to maximise value and thought that a discussion on how businesses are valued would be of interest to the tabloid raders.
We are talking about “SME’s”, i.e. small to medium sized businesses which are recognised as having 19 or fewer full time employees. They represent 97% of businesses in New Zealand and of interest is, that in 1987 there were 114,000 SME’s and in 2005, 330,000. The owners are now entering retirement phase and we are about to experience an intergenerational transfer of wealth, the likes of which has never been seen before.
To maximise the sale price, value drives need to be identified. Real and perceived factors enhance value from a buyer’s perspective.
Typical drives are:-
- Synergies expected from a merger/acquistion
- Cash flow and profitability
- Customer relationships/loyalty, distribution networks
- New product opportunities
- Intellectual Property and Technology platforms
- People.
There are three generally accepted approaches to business valuation:-
- Earnings Approach
- Market Transaction Approach
- Net Asset Approach.
Earnings Approach
This is based on the principle of anticipation, i.e. Fulltime economic benefits (and risks). It places a value on Goodwill and Intangible Assets and typically returns the highest value. It takes into consideration risk factors such as -
- The sizes of the businesses
- Historic profitability
- Demonstrated growth
- Asset condition
- Established customer/supplier agreements
- Key main risk
- Geographical markets etc.
The value is generally arrived at by capitalising earnings i.e. by applying a price / earnings multiplier to future maintainable earnings which may be EBIT (Earnings before Interest and Tax) of EBITDA (Earnings before Interest, Tax, Depreciation and Amortisation).
Market Transaction Approach
This is based on the principle of substitution i.e. a buyer will pay no more for an item than the cost of acquiring an equally desirable substitute. The value being determined by past prices paid for similar businesses, i.e. it requires a presence of a visible market and relies on market transaction data such as:
- Proprietary data bases covering previous business sale transactions
- Past sales of the subject business
- Offers to Buy
- Buy/Sell agreements
- Rules of thumb.
Net Asset Approach
This is based on the principle of reproduction and is generally only useful when the net assets in the business prove more valuable than measures based on earnings.
The next step in the valuation process is to decide on the selection criteria for the method to be used.
These would include:-
a) What is the applicable performance standard? i.e
- Far Value (Closed Market)
- Fair Market Value (Open Market)
b) What approaches and methods are likely to produce the most satisfying outcome?
c) Do the circumstances allow the method to be implemented?
However, which ever valuation methods is used, there will always be value modifiers. Is the business better or worse than average.
Things to be considered:-
- Lease Terms
- Brands or Agencies held
- Condition of Plant
- Historical profit trend
- Owner’s profile
- Local area conditions
- Competitive activity
- Hours of Operation
- Growth potential
Just to name but a few.
In conclusion valuing a business is recognised as an art not a science. All valuations are simply opinions. However, the critical question is how the opinion is supported, and that the support is justified by a viable and sustainable business.
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Counterfeits Easy Money!
Counterfeiting is probably the most serious Intellectual Property (IP) violation worldwide, costing industry billions of dollars annually. As counterfeiting is very much under the international spotlight, NZ businesses importing and dealing in counterfeits are likely to be detected and subject to severe penalties.
A counterfeit is something which pretends to be that which it is not. The well-known $10 Rolex® look-alike watch is an example of a blatant counterfeit they are not made by Rolex and neither are they authorised by Rolex. However, the Rolex brand is applied, and the watch is fashioned in the style of known Rolex models. They are manufactured with the intention of being able to be passed off as genuine Rolex watches, despite the fact the price and close inspection may suggest that it is a fake. If you import, sell, or deal with these items you are breaking NZ law and liable for substantial penalties.
High value and well known brands are common counterfeit targets, and are readily available to unwary businesses wishing to import them. It is the ease of availability that gets many NZ businesses and importers into trouble. Many of these brand owners usually have 'watching' orders filed with NZ Customs, so import shipments of any appreciable size are likely to be detected. Then you have to deal with the consequences, which generally involves Court proceedings. Apart from confiscation of goods (in which you may have a sizable investment) you may also be liable for Court Costs, significant fines and penalties, and the payment of damages to the legitimate IP owner (whose works have been counterfeited). These are likely to bankrupt your business. If you are caught overseas dealing with counterfeits (such as during a purchasing trip overseas) the penalties may be even more severe as well as including jail time in foreign prisons.
The smart importer or retailer exercises due diligence in their transactions. It is up to you to check the origin of goods, and seek credentials and paperwork from the source to verify that the goods are either sourced from the genuine owner of the trade mark/design/IP, or are being produced or sold with their permission. However, as paperwork can also be forged, it is recommended that any importer make an independent due diligence check you may wish to contact a government agency such as NZ Trade & Enterprise to find out how this can be done. Alternatively, details can be checked with the Head Office for the brand you are supposedly buying e.g. contact Chanel to verify if your Asian source is a genuine licensed exporter. Simple background checks such as these can save you a significant amount of expense and legal difficulty.
Apart from copied software, CDs and DVDs, particular items to watch out for include: clothing, sunglasses, jewellery, handbags and accessories, perfumes and fragrances. Jackets and clothing with applied logos of different sports teams or manufacturers commonly pop up (e.g. Holden Racing Team®, All Blacks® merchandise, Provincial rugby teams, etc.). The rights to apply these brands and logos are licenced, so don't even think about importing a container load of All Blacks® rugby shirts from China.
Counterfeits may not just copy brands and trade marks but also designs If you see the latest Prada® sunglass design with a different brand on it (e.g. Yamakuza, or a non-descript logo) then it is likely to be a counterfeit. You don't have to copy someone's brand for it to be a counterfeit you can also copy their protected design. Particular items to watch out for include: sunglasses, handbags, clothing, personal electronic items (e.g. iPod® clones which look like iPods but aren't), furniture, aftermarket car accessories.
If you are considered to be an importer, or end retailer, of counterfeit goods you can be liable for some significant costs and litigation. Exercising due diligence is your best preventative measure, as is staying away from deals which sound too good to be true. Caveat Emptor!
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Residential Property Trends
In the last 3 years Rotorua has been enjoying the economic fruits of their optimism, imagination and hard work.
This abundance has successfully migrated across Salaries and Wages, Consumer Spending, Business and of course, Property.
In fact, the Rotorua Property Market has a long history of under performance until recently where seemingly almost overnight, the competitiveness of Rotorua property prices and lifestyle by comparison to other cities, has finally been “discovered”. This means that Rotorua are, at last, enjoying some well earned capital gains.
This article is the first of a series of articles which will document and report on Rotorua Property Trends. Our aim is to provide you with key information that will enable you to be in the best position from which you can make informed Real Estate decisions.
This first market report covers the Rotorua District for the fourth quarter of 2006. We hope you find our market research informative. The period under review covers October, November and December of 2006.
Total residential sales of 444 in the fourth calendar quarter of 2006 were down almost 16% from the same period in 2005 when 527 homes sold, and down fractionally from the 453 houses/apartments/units sold in the third quarter of 2006.
Residential house prices continue to climb, with the median sale price for a house being $241,500 in the fourth quarter of 2006, up significantly (17.1%) on the median home price of $200,000 in the fourth quarter of 2005, and up 6.8% on the median $225,000 price for Q3 2006. Section prices also continued to rise with a median price of $165,000 during the quarter, up from $110,000 during Q4 2005.
At the same time however, the median time taken to sell a residential property has increased significantly to 40 days, up from the 26 days taken during Q4 2005, and the median 36 days during Q3 2006.
While one must be careful drawing too many conclusions from suburb based statistics because of the small sample size, it is interesting to note that several suburbs offer good examples of what is happening in the broader Rotorua market. Fordlands, Koutu, Owhata, Tihiotonga and Western Heights all showed good increases in median prices between 2005 and 2006, accompanied by decreases in volume and increases in median days-to-sell. Hillcrest and the Lakes Suburbs are also prime examples, although very small sample sizes obviously mean variances can be exaggerated. Rotorua Central, Kawaha Point, and Lynmore bucked the trend somewhat with median days-to-sell actually decreasing (ie taking less time to sell a property).
At the top end of the market sales remain consistent with 5 sales in excess of $700,000 in the fourth quarter of 2006, compared to 7 in Q4 2005.
The statistics are derived from the Real Estate Institute of New Zealand, and cover the Rotorua District, including; Fenton Park, Fordlands, Glenholme, Hamurana, Hannahs Bay, Hillcrest, Kawaha Point, Koutu, Lake Okareka, Lake Rotoiti, Lake Rotoma, Lake Tarawera, Lynmore, Mamaku, Ngapuna, Ngongotaha, Owhata, Pukehangi, Rotorua Central, Selwyn Heights, Tihiotonga, Utuhina, and Western Heights.
In summary, we have the interesting scenario of prices continuing to rise at quite reasonable rates, but with volumes slowing dramatically, and the time to sell increasing significantly. So, one could draw the conclusion that the market is interestingly poised from a supply and demand perspective. It will be fascinating to watch how any changes in the supply of available property in the coming months impacts prices.
We hope you find this research of interest. We would welcome any comments or thoughts you may have.
Best Regards, The Harcourts Rotorua Team
Rotorua District Market Analysis by Location
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The past 10 years has brought about significant technological change which has sparked something of a revolution for New Zealand's small business.
The development of broadband and the ability to carry out more business directly from their desktop has led to huge productivity gains for small and home businesses.
Telecom's head of small business marketing, Raelene Castle says that many small businesses have benefited from the uptake of broadband. Small businesses have seen huge productivity gains, because of the flexibility they now have to carry out many administrative tasks online, at a time that suits, while still being available to customers.
“Online banking is a really good example,” she says. “Instead of making regular trips to the bank, small business owners
can easily manage their accounts from home or their office. You can even file
and make GST payments online, at any time of night or day, which saves remembering to post that cheque or go to the IRD in person.
Combining this with the ability to send invoices, quotes and newsletters by email, readily exchange information with customers or other businesses without waiting for a phone line to become available has led to significant cost and time-savings, says Miss Castle.
At first, broadband was a relatively expensive option, mainly taken up by medium to large businesses. Not any more.
“There's never been a better time for small businesses to get broadband,” says Ms Castle, “there's a wide range of plans to suit different needs, including business-grade broadband which is a managed service that guarantees an agreed level of services for businesses that rely on the internet.”
Indeed, many home-based businesses have already made the switch from dial-up to broadband, but Ms Castle says there are still some business owners who have not realised the benefits.
“Put simply, broadband can save businesses time and money,” she says. “The benefits can most certainly outweigh the cost.”
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Energy Management and Savings
Power Solutions Ltd continues with their analysis and advice on energy issues.
Significant cost savings can be made by businesses by reducing waste and improving efficiencies.
So why isn't everyone doing it.
Power Solutions has examined the reasons behind such inaction, identifying the barriers and what prompts are needed for action to be taken and we comment there on as follows;
Barriers:
Typical barriers are;
1. Apathy.
2. Not knowing what to do or where to go for advice.
3. Believing it will cost significantly without realising paybacks from monies invested can typically be recouped within 2-3 years and in many cases much less time.
4. Insufficient time to attend to the issue and take action.
5. Other priorities.
Prompts:
Typical events, situations or circumstances which prompt action to compile energy management and implementation plans are;
1. Electricity or gas prices increase. (over the last few years increases has typically been around 11%).
2. There is a shortage : meaning power peak demand may not be met due to low hydro lake levels as occurred in 2000 and 2002.
3. Incentives : Energy audits, physical plant/equipment change funding availability via subsidies.
4. Legislation : We do not have any mandatory energy conservation or efficiency measures in place yet.
5. Proactive management.
Our experience shows any one of these or a combination readily prompts action.
Businesses can benefit the most by taking advantage of the government initiated subsidies and providing the prequalifying conditions are met can achieve significant savings through audits and structured energy management plans.
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