Forecasting: taking the guesswork out of your finance strategy.
November 18, 2024
As a business owner, it’s increasingly difficult to ride out the changing economic conditions and manage the financial ups and downs of doing business in 2024. According to recent data from the Ministry of Business, Innovation and Employment, company liquidations are up 40...
Cash flow and cost control
November 14, 2024
More than ever, cashflow is a vital part of staying afloat, whether your business is in recovery or growth mode. Revenue, profit and your bottom line all deserve your attention. But keeping everything running is the baseline. Regular cashflow forecasts help you keep that in ...
Data-driven decision-making: cashflow and financial health
November 14, 2024
In this series, we continue to look at how data-driven decisions sit at the heart of running a successful business in 2024.Today, we’re looking at how proactive use of data can improve your small business cashflow, and the overall financial health of your company.Do you kn...
Why bookkeeping is essential for your small business
November 7, 2024
What's the difference between a bookkeeper and an accountant? And how can a bookkeeper help you run your business?Bookkeepers and accountants are not the sameIf you’re a small business owner, you’ll be familiar with juggling several tasks at once. As well as keeping thin...
Using invoice finance to improve your cashflow and liquidity.
October 8, 2024
Liquid cash is what keeps you trading, growing and hitting your goals as a business. But sometimes, that access to ready cash can slip. And when cash is in short supply, you need a fast and convenient way to bring increased cashflow into the company.One common way to do this...
Understanding your Revenue Drivers
October 8, 2024
For your business to make money, you need to generate revenue.You produce revenue through your usual business activity, by making sales, getting your invoices paid, or taking cash from paying customers. So, the better you are at selling your products/services and bringing mo...
Measuring the health of your business with ratio measures
October 8, 2024
When you’re running a business, it’s easy to get caught up in the day-to-day activity and lose sight of the big picture. Taking stock of the health of your business is important. Knowing where you are allows for more effective planning, early warning about any issues, an...
The value of cashflow forecasting for your business
October 8, 2024
Projecting your cashflow pipeline forwards is vital. To be able to navigate the future path of your cashflow, you need to start forecasting – so you can map out your financial position over the coming months and can take the appropriate action to safeguard your cash positi...
The value of cashflow forecasting for your business
October 8, 2024
It takes guts to start a business. It also takes a strategic mindset to succeed.Business owners are no strangers to weighing risk and navigating uncertainty, but the recent economic climate has dialled everything up. Many business owners face the uncomfortable position of ha...
Applying for the Regional Infrastructure Fund
September 26, 2024
The Coalition Government has established a new $1.2 billion Regional Infrastructure Fund (RIF) to help invest in and improve New Zealand’s regional infrastructure.The aim of the fund is to boost regional infrastructure projects, outside of the main metropolitan areas. The ...
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