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Budgeting for Small Business: A Guide for New Zealand Business Owners

Running a small business in New Zealand comes with unique challenges and opportunities. One crucial aspect that determines the success of a business is effective budgeting. Whether you're just starting or looking to streamline your financial processes - creating and maintaining a budget is essential. Here’s a guide to help you understand, create, and manage an effective budget for your small business....

The Importance of Cashflow Made Simple

There is a saying that “cash is king” and for good reason. Cash coming in and out is how your business operates day-to-day. It’s the life blood that keeps the heart pumping.In this blog we’ll talk about the difference between cashflow and profit, why cashflow is so important and give you tips on how to manage it. Whether you’re new to business, a sole-trader or a seasoned business owner, this is relevant to you.Cashflow vs profitPut simply, cash flow is the money moving in and out of y...

Let's talk Rental Properties

Do you own a rental property or are thinking about investing in one?In this blog we’ll answer the mostly commonly asked questions about rental properties and how it works from a tax perspective. If you’re unsure of what you can and can’t claim – keep reading to learn more. Whether you are a sole trader or have multiple rental properties owned by a company, this blog is for you. This knowledge will help you to maximise your return on investment and keep IRD happy.What can I claim as ...

How a bookkeeper saves you time.

As your business grows so does the demands on your time. As a business owner you wear many hats but “bookkeeper” doesn’t need to be one of them. By outsourcing your accounts, you will free up your time considerably. If you’re finding that you’re spending late nights and weekends working on accounts, and missing out on doing the things you enjoy – it’s time to outsource to a bookkeeper.Here's how we save you time:The day-to-day recording and managing financial transactions is done f...