Cutting costs or increasing your prices? We can help
January 16, 2025
With many businesses expecting a lower profit this financial year, the more prepared you can be for the unexpected, the better. Managing expenses is a good idea at any stage in your business and you can also consider increasing your prices to improve your margins.Smart ways ...
Give your small business a healthcheck
January 16, 2025
How healthy is your business? With all the day-to-day operational and management tasks to deal with, finding the time to stand back and look at the business objectively can be tricky.But making sure your business is healthy and running well is a vitally important responsibil...
Five big business challenges for 2025
January 16, 2025
‘Uncertainty’ has been the defining phrase for the first half of the 2020s. The markets are unstable, supply chains have been wobbly and finding talent has been difficult.But as we head into 2025, and the second half of the decade, what are the major threats, opportuniti...
Costs are rising: what can you do?
January 16, 2025
The ANZ Business Outlook survey for December 2024 shows that some Kiwi companies are reporting a significant increase in activity. But there was also a rise in expected costs, with 70% of surveyed businesses expecting their running costs to rise as we start the new year. Cos...
Understanding Your Statement of Cash Flows
January 16, 2025
The statement of cash flows, (also known as the cash flow statement), shows how your business has generated and used cash (and cash equivalents) within a specific time period.For each of the reporting categories, receipts and payments are listed (money in and money out), and...
What does a cut to the Official Cash Rate mean for your business?
January 16, 2025
On 27 November 2024, the Monetary Policy Committee agreed to reduce the Official Cash Rate (OCR) by 50 basis points to 4.25%. This cut to the Reserve Bank of New Zealand (RBNZ) rate is aimed at improving the economic conditions in Aotearoa over the coming year.But what is th...
Managing stress at tax time
November 27, 2024
Tax time doesn’t have to be stressful. With good planning and clear processes, you can make it easier on yourself. Learn three tips for reducing stress at tax time. ...
Paying your employees for leave
November 25, 2024
Paying your employees for leaveWorking out what you need to pay employees when they’re taking leave can be complicated — but with the right systems and processes in place, it doesn’t have to be difficult.Read this guide from business.govt.nz to understand the managemen...
Financial management and your wellbeing
November 22, 2024
Reducing the stress of financial management is good for your mental health and wellbeing, good for your business and good for the people around you. Learn three practical ways to make financial management easier. ...
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...
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