Marg Kronfeld – The Ever Increasing Importance of Tourism

Marg Kronfeld is a woman with many interests, including business development and growth, politics, staff development and even tourism. The role of tourism in the economic world is extremely important, and that statement was probably never as true as it is these days.

Despite All, Tourism Thrives
When we are looking at the world, we can see many problems that hamper tourism. Wars, political instability, natural disasters, viruses popping up in new environments, and the list could go on and on. Despite all that, the tourism service actually blossomed since the early 1970’s, making new records almost every year. Just in 2012, international tourism surpassed $1 trillion.

Many Countries Promote Tourism
While in past Japan and the US didn’t exactly do much to lure tourists into their country, this is not the case anymore. Just recently, both of them eased somewhat their VISA policies to promote tourism, a clear-tell sign of wanting to have a bigger slice of the global pie.

Slow Economies Need Tourism
Economies that are struggling for some reason can benefit from tourism. Tourism can create jobs in many different sectors, and brings in much needed revenue.

Traveling Is Still Not Cheap, but It’s Getting Cheaper
Traveling is costly, but it’s on its way to becoming more affordable, especially international travel. With the travel barriers of the past are falling one by one – both in the context of politics and transportation – the industry can continue to prosper.

Marg Kronfeld is an avid traveler who fully understands just how crucial tourism is for the global economy.

Sources:
http://journal.georgetown.edu/the-growing-importance-of-tourism-in-the-global-economy-and-international-affairs/

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Marg Kronfeld – Important Rules for Construction Business Owners

As the former project manager of two construction companies, Marg Kronfeld had quite a few run-ins with business owners over the years. With the construction business once again booming – along with the commercial construction market – those who try to make an impact now can look forward to new opportunities. To reach their goals, however, one needs to follow certain rules and guidelines.

Find Mentorship

Construction is a field where experience is crucial. If you represent a small business, there are programs that you can take advantage of, like SCORE Mentors, or a local SBDC (stands for Small Business Development Center), where you can find a mentor from a construction company. Their experience and the guidance they can offer are invaluable.

Financing

In an ideal scenario, you have your own savings or private funding, but if that is not the case, you can still take advantage of traditional bank loans or governmental loaning programs. These often support small construction companies that construct buildings which would improve the image of the city.

Licenses and Insurance

One of the most crucial aspects of being successful in the construction field is having all the necessary qualifications and licenses, and even those that, while not necessarily mandatory, can help a business to a great degree. People choose companies that they can trust, and in the grand scheme of things, companies without the right licenses cannot really be trusted.

Marg Kronfeld worked with many contractors throughout the years, and managed to build with them lasting professional relationships.

Sources: https://www.sba.gov/blogs/how-start-small-construction-or-general-contracting-business

 

Marg Kronfeld – Why Writing a Business Plan Is Crucial

Marg Kronfeld is an experienced businesswoman and company director who has been active in the field for decades. When it comes to business development and growth, having a plan is extremely important. If you would have to choose one word to describe a business plan, that word would probably have to be roadmap. Your business plan is your roadmap and it influences the direction of your venture, and whether it will reach its goals, or go out of business within the first year like so many startups do.

Business Summary

Your business summary is basically a snapshot of your venture. It includes the company’s activity and its goals, both in the short and long terms. It should be clear and concise.

Describe Your Company

The description of your company includes basic information about its profile, the market it serves, and the characteristics that make it stand out from competitors. If you are looking for investors, it is really crucial to have a great company description. Without one, it will be very difficult to attract a serious investor.

Do Your Market Research

Doing proper market research is one of the most important aspects of business development. Without it, you are just shooting in the dark. There are hundreds, if not thousands of people each year who think they’ve come up with an excellent idea, only to find out later that somebody else had the same idea before you and has actually already implemented it.

Quality market research does two things for you. First, it gives you insight about the business industry itself, which is already an important factor. Second, it reveals your potential competitors. In the business world, competitor activity is a crucial factor in terms of failure or success. Having several competitors from the get go is an extremely tough situation to be in, and without proper market research, you cannot hope to develop a plan that would give you competitive advantage.

Management Aspects

Figure out what is the best organizational structure for your company. Once you do that, the next step is to actually figure out what kind of management structure you want. Different companies have varying organization structures and hierarchy, and each comes with its own advantages and disadvantages.

Financial Projections

If you have to find investors, you cannot avoid putting together a financial projection. Without it, you have virtually no chance to find a serious investor. The rule of thumb is to be realistic as investors are almost always professionals who have significant knowledge about the business world. In addition, getting funding with unrealistic projections is a lose-lose situation for both sides.

Marg Kronfeld possesses a deep understanding of professional ventures, and has considerable experience in business development.

Sources:

https://www.sba.gov/starting-business/write-your-business-plan

http://www.inc.com/guides/business-plan-financial-section.html

Marg Kronfeld – Tips for Being a Successful Business Manager

Marg Kronfeld is currently serving as the Company Director for BK Enterprises, which is a company operating in the automotive industry of Auckland, New Zealand. The company finances, sells, and services Renault, Hyundai, and Isuzu vehicles, and she is responsible for the daily operations of the business. Being a manager isn’t easy, but here are some tips on how to do it successfully.

Manage with compassion. Often, employees find their managers unapproachable or intimidating, especially when they have an issue to workout. This is not the feeling you want to send throughout your office or employees; don’t get overly upset when a mistake is made the first time, but use the experience as a learning opportunity so that it isn’t made later on. This will make it easier for your employees to come to you for help.

Trust your employees to do their jobs. This is especially true during extensive projects where productivity is essential. Managers who tend not to trust their employees only micromanage their efforts, which puts a stop on productivity way too often. Trust that your employees will come to you if there is an issue, and don’t spend too much time looking over the shoulders.

Learn what motivates your team members. Get to know each one of their interests so you can figure out what motivates them to work the hardest. Discuss the future with your employees, and don’t be afraid to provide honest, realistic feedback. The more time you’re willing to put into your professional relationships, the more motivated your employees will be.

Marg Kronfeld understands what it means to be a successful manager.

 

Marg Kronfeld – Useful Tips for Business Owners in Any Industry

Marg Kronfeld is a talented professional who has been working in the business world for several years. She has held a number of leadership positions within multiple companies, and is currently serving as the Company Director for BK Enterprises. The company operates in automotive industry in Auckland, New Zealand, and they sell, finance, and service Renault, Isuzu, and Hyundai motor vehicles. She is responsible for the daily operations of the business, and for developing and maintaining a social media presence for the business as a whole. She understands the work it takes to operate a business successfully.

It isn’t easy running your own business; you have to understand the industry you operate in, as well as what it takes to run a company in general. Continuous research is a must as a business owner, and you have to be willing to adapt to the changing needs of the customer. Keep the customer as the top priority, and your business will be a success. Here are some useful tips for business owners in any industry.

A business owner needs to do their research. If you want to operate a successful business, you have to familiarize yourself with every aspect of your industry. This means researching your customers, new technologies entering the market, and of course, your competition. Find out what your competitors are doing that works, and what doesn’t work. Your research will give you the tools to provide a more comprehensive service.

Keep your main focus on the customer. This is essential if you want your business to grow and be successful in the long-term future. Learn everything you can about the customers you’re most likely to receive, and discover what motivates them to come to your business rather than someone else. If the customer is your main focus, they will take notice, which is information they will then be able to share with neighbors, friends, and colleagues. Some of the most useful marketing comes from your customers themselves.

Develop and maintain a business plan. Some business owners make the mistake of simply creating a business plan at the beginning, but not maintaining it as the years go by. A business plan is essential at the beginning, and the duration of your company’s life. They allow you to see your success projected in the future, which gives you the information you need to create realistic goals to work toward later on. A plan will also prove to potential investors that you’re prepared, and you know what you’re doing.

Marg Kronfeld has been working in the business world for many years, and she knows what goes on behind the scenes of a company operating in a competitive industry. She works hard in order to ensure the daily success of BK Enterprises, and to help it grow well into the future

Marg Kronfeld is Open to International Business in New Zealand

Tourism in New Zealand is an important export source of revenue, having been the source of support for 110,800 jobs for kiwis in 2013. Tourists contributed 3.7% of New Zealand’s Gross Domestic Product in the same year, and the corollary spending of the effects of international tourist spending brought in 16% of New Zealand’s export earnings in that year. Those who work in New Zealand business, like kiwi Marg Kronfeld, depend as heavily on international trade as on buying and selling with fellow New Zealanders. The mixed economy of New Zealand involves doing business primarily with Australia, the European Union, the United States, China, South Korea and Japan. New Zealand is in an especially close partnership with Australian, its closest neighbor.

Marg Kronfeld’s company, BK Enterprises, which employs 36 in the business of servicing, selling and financing Hyundai, Isuzu and Renault auto brands, improved its turnover over 400% between 2008 and 2016. Everyday tasks dealing with the business’ social media contacts, project management, and budget, planning and staff development are part of Kronfeld’s direct oversight. Kronfeld’s company, and many others like it, are part of the service offerings of New Zealand, making up 63% of the Gross Domestic Product of the country in 2013. Kiwi manufacturing industries include the production of aluminum, various facilities for food processing, the fabrication of metals and harvesting of wood products like paper are all part of the service businesses which add to the country’s success.

BK Enterprises Company Director Marg Kronfeld is an informed proponent of New Zealand business, and remains abreast of all aspects of New Zealand’s economic performance.

https://en.wikipedia.org/wiki/Tourism_in_New_Zealand

 

Marg Kronfeld Attributes Current Success to Strong Academic Foundation

The New Zealand Agricultural College Act of 1926 founded the sixth college of the University of New Zealand on Turitea, across from Palmerston North City. The college was renamed Massey Agricultural College in 1927 in memoriam of former New Zealand Prime Minister William Fergusson Massey. When the University of New Zealand was dissolved in 1961, the name was shortened to Massey College, the alma mater of Marg Kronfeld, Company Director of BK Enterprises, a thriving used car dealership in Auckland, New Zealand. Kronfeld’s success in business can be traced back to her firm academic foundation.

Many of Massey College’s degrees are offered on an extramural basis, within New Zealand and also internationally. Massey College has an active research program on all three of its campuses, and offers the nation of New Zealand’s largest business college at Turitea. Also located at Turitea are the main administrative offices, the College of Humanities and Social Sciences, the College of Sciences and the Business School. The only Veterinary School in New Zealand is also at Turitea. Marg Kronfeld chose not only her hometown university for her extended education, but the most prestigious institution of its kind in New Zealand.

Massey College initiated an extramural study program in 1960, and has now grown into New Zealand’s largest source of distance education. Elearning has facilitated Massey’s reputation for flexible learning programs with unique academic delivery systems. Marg Kronfeld holds a Bachelor of Commerce Degree from Massey University, a study which followed from her achievement of the NZIM Diploma in Management earned years earlier.

https://en.wikipedia.org/wiki/Massey_University