by Tracy | Oct 4, 2024 | Business
In today’s fast-paced business environment, the average business owner often finds themselves needing an additional four hours in their working day just to complete their admin tasks, as highlighted by recent research from OnePoll. If your team is spending 20...
by Tracy | Sep 20, 2024 | Business
Running a successful business isn’t just about generating revenue. It’s also about understanding your revenue drivers and how to optimise them for growth. At Coastal Accounting, we specialise in helping businesses like yours unlock their financial potential. Through...
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...