Blog & Resources
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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 […]
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As part of Budget 2025, the Minister for Finance, Nicola Willis, introduced Investment Boost– a new way for Kiwi businesses to reduce the cost of investing in new assets and equipment. Investment Boost is expected to lift NZ GDP by 1% and wages by 1.5% over the next twenty years, with half these gains in […]
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On Thursday 22 May, the Minister of Finance, The Honourable Nicola Willis, delivered Budget 2025. Opening her speech, the Minister said: “This is a responsible budget to secure New Zealand’s future. It supports the economic recovery now underway. It also takes a longer-term view with initiatives to boost future investment savings and growth.” Growing GDP […]
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To understand the financial position of a business at a specific point of time, look at the balance sheet which may also be called the statement of financial position. Together with the Profit and Loss Statement, and possibly other reports such as the Statement of Cash-flow, these reports provide a complete understanding of the financial […]
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The beginning of a new calendar year is an excellent time to review last year and reflect on what worked, what didn’t, what you’d like to change and new things you want to implement. Take the time to review the year and acknowledge all that has happened, good, bad or indifferent. Examining the year with […]
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Customers are the true bedrock of your business. Loyal customers become repeat buyers, spread word of your brand and provide a steady income stream of sales. But what can you do to build the very best relationships with your existing and future customers. In this series, we’ll look at some key ways to optimise your […]
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As a small business owner, you might find yourself wondering whether you need a bookkeeper, an accountant, or perhaps both. The roles of bookkeepers can sometimes seem a bit mysterious, but they are crucial to the smooth operation of any business. Bookkeepers are responsible for the organisation, recording, and reporting of financial transactions within a […]
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Seasonal dips in income can be highly challenging when you’re a small business. But there are proactive ways to predict, plan for and overcome these dips in revenue. The key to dealing with seasonal dips is to know when they’re most likely to occur, and to have measures in place to spread your income and […]
