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...
This is a question, I often get asked. My very short answer to this usually is absolutely. Most online payroll software systems in New Zealand give you the option of acting as your IRD intermediary. This means that not only do they manage the payment of your staff, but they can manage the lodgement ...
If youâre a business owner in New Zealand, then youâve just started a new financial year. But what about the old one? Did it pass by almost unnoticed? Or was there a lot of last-minute work involved before you crossed the finish line?
Business owners and their accountants put a lot of emphasis on h...
As you know, thereâs a lot more to running a business than just the numbers. Thereâs the relationships, the communication, the products, the services, the marketing, the sales, the systems, the visual merchandisingâŚ
You get the idea.
But those numbers play a part in every aspect of your business. ...
Cash flow for small business is like blood for our bodies. No lesser light than Sir Richard Branson said exactly that:
âNever take your eyes off the cash flow because itâs the life blood of businessâ
You would think that such sound advice from an astute and experienced doyenne of the global busine...
Wondering how your brick and mortar retail business can thrive, rather than merely survive?
You donât need me to tell you that retail in the digital age is a major challenge for store owners. I donât pretend to hold ALL of the answers, but it helps to listen to some of the best in the business.
Pi...