You don't need more reports. You need fewer, better ones.
We hear a version of this from almost every new client we sit down with. They've got Xero. They've got spreadsheets. They've got reports their accountant sends at year-end. And yet, when we ask how they feel about their numbers, the most com...
Most business owners we sit down with are tracking either everything or nothing. And honestly? Both are exhausting.
If you're tracking everything, you're drowning in spreadsheets, chasing reports that don't tell you much, and spending time you don't have on numbers that aren't moving the needle. If...
Tax tends to feel stressful when itâs something you only look at once a year. It becomes much more manageable when you have visibility during the year.
Most of the pressure we see around tax doesnât come from the amount itself. It comes from not knowing whatâs building up in the background.
Why ta...
Tax planning often sounds more complicated than it needs to be. In reality, itâs simply about understanding your options and making decisions early enough for them to have an impact.
Most small business owners already have access to the tools they need. The difference is when those tools are used.
...We regularly speak with business owners who feel caught off guard by a tax bill. In most cases, nothing has gone wrong. Itâs simply that no one has clearly explained how provisional and terminal tax work together.
Once you understand that relationship, your tax position becomes far more predictable...
Businesses come in all shapes, sizes and types. Some have many transactions a day, while others might have two projects in a year. Regardless of how dissimilar businesses may seem from one to another, there are many core similarities that make astute businesses successful. Here are a couple of thing...
New Zealand has been rated one of the easiest countries in the world to start up a business. As a country of âgo-gettersâ, while this is something to be proud of, sometimes the easiest things to do end in failure because of failing in the small things. One of the areas that many start up business ow...
It has never been easier to take time out to learn how to understand exactly what your financial reports tell you. With software such as Xero, it has become easier for you to have your financial information at your fingertips. Maybe you are already using Xero, have been for years or maybe you are co...
One of the vital elements of any business is the relationships you build. Therefore when it comes to managing and understanding your business as a whole, it is the relationships with those business parties such as your accountant that should receive the regular attention they deserve. As a valued cl...
The lead up to the Christmas and New Year holiday period can be a hectic one, no matter what type of business you run. How busy your business becomes, depends on the type of industry you are in. Some of us are gearing up for a crazy 3 weeks in December getting everything ready for a two to three wee...
Gone are the days when a bookkeeperâs role was only to process invoices and reconcile the bank account. The accounting and bookkeeping industry is constantly being disrupted by improvements in technology. Keeping up with changes in your own industry is difficult enough â how do you know if your fina...
There is a lot of talk about the changing face of accounting practices and what services accountants should be providing to their clients. Today, I wanted to put together a useful article to illustrate to people exactly what it is their accountant should be doing for them.
As I started to think abo...