As a business grows, payroll matters typically only become more complicated. For those in charge of payroll, it’s usually a slow boil as the company scales up and brings in more staff and contractors over time. Sooner or later, it can feel like payroll has become a complicated, difficult, and time-consuming task almost overnight. The…
Financial Business Improvement Tips We, your certified chartered accountant, offer a few suggestions on where you might take action to improve the operations of your business plus a couple of ideas on improving your business work/life balance. Get Started on What You Think Could Change for the Better Here are a few accounting “thought starters” relating…
Accounting Tips For Managing Your Business We, your certified chartered accountant, have a few suggestions to improve business success. We look at discounts, current assets (“cash”) and talk about due diligence for those thinking about buying or selling a business. Accounting Tips Sales discounts and discount reserves: Does your business regularly offer sales or cash discounts…
Accounting – Do You Have the Whole Picture? In this article your certified chartered accountant considers the health of your business, via the main accounting indicators. View from the dashboard: Do you have the whole picture? We have so much information literally at our fingertips these days. As individuals, our days and nights are punctuated with the…
How well do you know your breakeven point? A breakeven point tells you what dollar value in sales is needed to cover costs. It’s a tool for thinking about sales, costs and pricing. The Concept Of A Breakeven Point You may have heard of the concept of breaking even and wondered what it was and…
Here we, your certified chartered accountant, provide you with seventeen business tips – 18 if you include our recommendation to come and see us, that will help you pay off the business loan more quickly than you may have thought possible. We consider a range of items from discounts, to adding administration fees, the way to use…
Eligible for the Small Business Cash Flow Loan Scheme? With the arrival of Covid-19 and the subsequent lockdown of NZ, business in many cases have been badly affected. The Government has instigated a number of schemes and activities to help alleviate the financial pressure on small businesses. One such scheme is the COVID-19 Small Business Cash…
The Secrets to Getting Paid Faster For any business, making sure invoices are paid on time, can be a big job. If not managed properly, payments can be consistently late. If paid late, then you may well struggle with your cash flow: with paying your debt obligations and funding your operating expenses. No cash, no…