plant-and-equipment

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When your business needs new plant or equipment, what’s the best choice – buy or lease? The answer will depend on your specific circumstances, but there are some basic considerations to help you weigh up the options. The advantages of buying Buying gives you certainty and ownership, at a higher upfront price, but a lower […]

Business plant and equipment: Buy or lease?

tax and expenses

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Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and setting the groundwork for good habits. Understand your deductions Before you start, it’s essential to […]

Keeping tax and expenses in check when you are self-employed

tax and expenses

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Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and setting the groundwork for good habits. Understand your deductions Before you start, it’s essential to […]

Keeping tax and expenses in check when you are self-employed

rising costs and expenses

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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 of sky-rocketing costs in your business? Seven ways to […]

Key ways to overcome rising costs and expenses

Personal Budget

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Do you find yourself feeling overwhelmed by your finances, unsure of where your hard-earned money is going, or constantly struggling to make ends meet? The solution lies in a powerful tool that can transform your financial life – the Personal Budget. Contrary to popular belief, a Personal Budget isn’t a restricting tool; instead, it’s a […]

Your Personal Budget

Keeping your business cash liquid – the difference between cashflow and profit

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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 […]

Accounting basics: the profit and loss and balance sheet reports

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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 […]

working ON my business

If I’m working ON my business what should I be doing?

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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 […]

Family holding hands

FamilyBoost: Support for Your Childcare Costs

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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 […]

Bringing your cashflow processes into the digital age

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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 […]

Business credit: how a business credit card helps your startup

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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 […]

Keeping your business cash liquid – the difference between cashflow and profit

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 […]

Accounting basics: the profit and loss and balance sheet reports

category 

working ON my business

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 […]

If I’m working ON my business what should I be doing?

category 

Family holding hands

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 […]

FamilyBoost: Support for Your Childcare Costs

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 […]

Bringing your cashflow processes into the digital age

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 […]

Business credit: how a business credit card helps your startup

category