Blog & Resources
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Budget 2024 is here, and it’s packed with tax relief measures to help you keep more of what you earn. If you have children, you’ll see an average benefit of $78 per fortnight. In total, around 1.9 million households will benefit by $60 per fortnight on average. The tax bracket thresholds have not changed in […]
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When you’re operating and managing a small business, you have a finite pot of cash to work with. Because of this, it’s incredibly important to manage your cash well and to have clear budgets and spending limits for every area of your business operations. Let’s take a look at why budgeting is such a vital […]
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When you’re operating and managing a small business, you have a finite pot of cash to work with. Because of this, it’s incredibly important to manage your cash well and to have clear budgets and spending limits for every area of your business operations. Let’s take a look at why budgeting is such a vital […]
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If you received a Small Business Cashflow Loan (SBCS), is your repayment plan on track? The scheme was launched to assist eligible small-to-medium businesses adversely affected by COVID-19. A top-up loan allowed businesses that had already accessed a loan to draw down an additional $10,000 with a new repayment period of five years. Applications could […]
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Investing in rental properties can be a great way to grow your wealth over the long term. But it’s not a passive investment – you need to maintain your properties and take care of your tenants. You can do that work yourself, or you can employ a property manager who can do the job for […]
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Being the boss means you get to make all the big decisions about your business – including how much to pay yourself in wages, salary or drawings. As the owner, you might need to underpay yourself in the early stages of building your business, so you can reinvest the profits. But your time is valuable […]
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2023 provided its fair share of challenges, highlights, and opportunities, with many businesses and people feeling the pinch, prompting us to reflect on our resilience and adaptability. From adversity can come opportunity. As the new year begins, it’s time to reflect on the past year, celebrate the highlights, and think about what brought the adversities, […]
read this post
2023 provided its fair share of challenges, highlights, and opportunities, with many businesses and people feeling the pinch, prompting us to reflect on our resilience and adaptability. From adversity can come opportunity. As the new year begins, it’s time to reflect on the past year, celebrate the highlights, and think about what brought the adversities, […]
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The foundational goal of any business is to make a profit. As a business owner, that’s one of your key financial aims – to make enough sales, at a big enough margin, to generate profit from your enterprise. But how does profit differ from cashflow? And why is cash king? How do profit and cashflow […]
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Understanding your finances is a vital part of running your business. But getting down into the nitty gritty of the company accounts isn’t every entrepreneur’s top skill. If you are new to company accounting, or simply want to expand your knowledge, we can help explain the foundational reports. The profit and loss report and the […]
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I’m sure you’ve heard about the need to work ‘on’ your business as well as working ‘in’ your business. But have you ever stopped to think what exactly you should be doing? First some practical distinctions to compare working ‘on’ and working ‘in’. With the above in mind here are the 5 most important activities […]
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Childcare can be one of the biggest expenses for families with young children, and that’s where FamilyBoost comes in. FamilyBoost is a quarterly payment from Inland Revenue that helps eligible households with the cost of early childhood education (ECE). If you’re caring for a child aged 5 or under, you could get up to 25% of […]
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Keeping on top of your cashflow is even more important during tough economic times. With global uncertainty, recent high inflation, energy prices soaring, supply chain challenges, cash is likely to be tight over the coming year. Cloud technology and fintech apps, can give your business the best possible control over its cash. Why is cashflow […]
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At the early stages of your start-up journey, access to credit can be a lifesaver. Cashflow is tight, customer revenue can fluctuate wildly and large-scale bank loans and external funding may be in short supply. In this situation it might seem counterproductive to apply for a business credit card – a move that adds to […]
Next post →
The foundational goal of any business is to make a profit. As a business owner, that’s one of your key financial aims – to make enough sales, at a big enough margin, to generate profit from your enterprise. But how does profit differ from cashflow? And why is cash king? How do profit and cashflow […]
category
Next post →
Understanding your finances is a vital part of running your business. But getting down into the nitty gritty of the company accounts isn’t every entrepreneur’s top skill. If you are new to company accounting, or simply want to expand your knowledge, we can help explain the foundational reports. The profit and loss report and the […]
category
Next post →
I’m sure you’ve heard about the need to work ‘on’ your business as well as working ‘in’ your business. But have you ever stopped to think what exactly you should be doing? First some practical distinctions to compare working ‘on’ and working ‘in’. With the above in mind here are the 5 most important activities […]
category
Next post →
Childcare can be one of the biggest expenses for families with young children, and that’s where FamilyBoost comes in. FamilyBoost is a quarterly payment from Inland Revenue that helps eligible households with the cost of early childhood education (ECE). If you’re caring for a child aged 5 or under, you could get up to 25% of […]
category
Next post →
Keeping on top of your cashflow is even more important during tough economic times. With global uncertainty, recent high inflation, energy prices soaring, supply chain challenges, cash is likely to be tight over the coming year. Cloud technology and fintech apps, can give your business the best possible control over its cash. Why is cashflow […]
category
Next post →
At the early stages of your start-up journey, access to credit can be a lifesaver. Cashflow is tight, customer revenue can fluctuate wildly and large-scale bank loans and external funding may be in short supply. In this situation it might seem counterproductive to apply for a business credit card – a move that adds to […]