Monique Surges is CEO of the New Zealand German Business Association and says there are some common factors among German entrepreneurs who successfully set up businesses here.
"Generally they've been here on holiday - there are 78,000 German tourists coming here annually now - and while here they've realised New Zealand is more than just beautiful landscapes; they see some potential to explore a possible niche in the market," says Surges.
"They're generally experts in their particular field in Germany and and have global experience in that market, and they're taking that knowledge into a niche market here in New Zealand."
Isabel Pasch, who is originally from Berlin, is an owner of Bread and Butter Bakery and Cafe, which has wholesale operations as well as three retail bakeries and cafes in Ponsonby, Grey Lynn and Milford. After running her own small bakery in Auckland for a couple of years she joined forces with local business partners to set up Bread and Butter.
"I realised that if I wanted to expand I needed structures, systems and guidance. My business partners have a long background in hospitality and a deep understanding of the scene here, which I didn't have coming from overseas, so partnering with them has been essential for me to grow the business so quickly," she says.
"Unless you have enough money to spend a good amount of time understanding the local market before starting your business, then I'd recommend partnering with the right experts who can help you find and grow your market."
Coming up in Small Business: Winter is a time for lots of colds and other ills, and absences can have a big effect in small teams. What are some of the issues small business owners struggle with related to staff absenteeism, and what are some positive things they've done to keep people healthy at work? If you've got a story to share, drop me a note: nzhsmallbusiness@gmail.com