by Tracy | Sep 20, 2024 | Business, Personal Finance
A recent survey showed that 93% of respondents believed changes made by the Government had increased their cost of doing business. And rising costs and expenses can have a significant impact on your cashflow and bottom line. So, what can you do to minimise the impact...
by Tracy | Sep 12, 2024 | Business
Projecting your cashflow pipeline forwards is vital To navigate the future path of your cashflow, you need to start forecasting. This allows you to map out your financial position over the coming months and take appropriate action to safeguard your cash position....
by Tracy | Sep 5, 2024 | Business
Once a business sells (or stops trading) or a company sells its property (real estate), we recommend completing our company wind up process. This is important because otherwise IRD will continue to expect a tax return for each financial year (even if the company does...
by Tracy | Sep 2, 2024 | Business
It’s common to think of ourselves and our company as one entity. However, the company is a separate legal entity with its own limited liability. Shareholders often provide capital to the company for purchasing assets or funding working capital, and they may also...
by Tracy | Aug 22, 2024 | Business
Once you’ve sold your business and have received the funds from the sale, you’re then faced with a big question: what happens next? After guiding the helm of your company, it will be tough to let go. But if the circumstances are right, there’s no reason...
by Tracy | Aug 15, 2024 | Newsletters, Tax, Uncategorized
It’s been a little while since our last newsletter, and we’ve missed connecting with you. But just like a well-balanced ledger, some things are worth the wait! We’ve been busy staying on top of the latest financial news and preparing some valuable...
by Tracy | Aug 12, 2024 | Uncategorized
It can feel challenging to chase up payment of invoices when the economy has been down, but it is important to keep cash flowing into your business so you can cover expenses and meet your obligations to others. As with all dealings in more difficult times, some...
by Tracy | Aug 8, 2024 | Business
Have you ever been in a meeting with your accountant, hearing how much profit you’ve made and being congratulated on a lift in performance, but in the back of your mind you’re wondering where the cash is and how you’re going to make payroll tomorrow? Don’t worry,...
by Tracy | Jul 30, 2024 | Uncategorized
One of the best things about online shopping is instant, hassle-free payment. Enter your details, click, and you’re done. If your customers can make instant online payments, they’re likely to pay you more quickly – and they’ll appreciate the simplicity too. The...
by Tracy | Jul 29, 2024 | Business, Xero
For centuries, accounting was all about reviewing historic information – but that only told you about the past, not what was going to happen in the future. If you’re only looking back at past periods and historic numbers, this limits the insights you can achieve for...