Category Archives: Entrepreneurs

Business Growth – Likened to Child Rearing?

How many times have you heard someone refer to their business as their “baby”? 

It’s a common analogy and one we can all relate to given the blood, sweat and emotional tears we put into our business, when we decide to take that leap of faith and build our own dreams.

One of our team was using …

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Taking Money Out of Companies

What is a Shareholder Current Account (SHCA)?

It sounds simple. You own the shares in your company; you have the cash in the bank so you can just withdraw the cash and spend it how you wish, right?

Actually, it’s not that simple – because your company is viewed as a separate legal entity (person), any money it generates is …

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9 New (Financial) Year’s Resolutions

The new financial year is a great time to set New Year’s Resolutions for you and your business.

Resolutions aren’t just for making you accountable to join and go to a gym. They can be very useful in the realm of small business, helping you focus on goals and aspirations for the year ahead. Here’s nine goals to …

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Don’t Forget Stock Takes and Write-Offs

annual-stock-take-cartoon-2

Don’t Forget Stock Takes and Write-Offs 

For the majority of taxpayers, 31st March represents the end of the tax year.   There’s things you can do before the end of the financial year to help minimise your next tax bill and tidy up the books ready for a new year.

Stock Take

IRD requires that stock on hand …

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Property Investment Rules Are Changing…

Property Investment

Do You Need a Contingency Plan For Property Investment?

The government is extending the bright line test for property so that residential properties will be taxed on any gains, if they’re sold within five years of purchase (instead of the current two years).  The extension will apply to residential investment properties purchased from the date on which the bill …

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7 Common Accounting Mistakes Business Owners Make

Beware Small Expenses

Thanks to the huge range of accounting applications available for today’s small and medium-sized businesses, it’s easier than ever to keep an accurate record of where your business’s money is going.

While accounting software has made bookkeeping and accounting easier for small businesses, it has also made errors and accounting mistakes much more common.  Some accounting mistakes …

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Business Competencies & Values – How These Can Affect the Numbers (continued…)

Why do sound business values help you achieve freedom in your business?

I mentioned in the previous article how Business Competencies and Business values have direct impact on the financial results you achieve.  Business competencies tie in to the acronym LUCK, which connects with the qualities needed most to be a successful CEO of your …

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Business Competencies & Values – How These Can Affect the Numbers

How do you keep your business sustainable? Of course there is more to it then LUCK – check out how this acronym can help create positive results in your business.

Business Competencies and Business values have direct impact on the financial results you achieve. These aspects are interrelated with both the Profit you earn and the long …

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Slow Payers? 10 Mindset Changes And Top Tips To Get Paid Quicker

As a part time CFO (Chief Financial Officer) for small/ medium businesses, I meet people who struggle with dealing with slow paying debtors. The  extra time needed to chase up people who should have already paid, although both frustrating and inefficient, is a critical process for the overall success of a business, solopreneur or contractor.

Left alone, …

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How can SWOT and PESTE help you in your business?

Working through a SWOT & PESTE Analysis enables you to brainstorm with your team/advisors and focuses on the areas which are critically important to change or improve in your business.

Brainstorming these in the planning phases of new projects creates discussion and assists with setting strategic and operational goals. Want team buy in on your goals? Get your team to take …

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Business Leadership Programme (BLP) Update

Transform your business in six months.  The Love to Grow Business Leadership Programme  is a unique, practical and results-driven programme, perfect for business owners or managers who want to take their business to the next level.  More info

Auckland

We’re celebrating the Graduation of the Auckland Business Leadership Programme Totara Class on 1st March 2016.  We’re very proud of the …

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