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 …
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 …
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 …
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.
IRD requires that stock on hand …
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 …
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 …
Winning an award is always a great experience and it generally affirms the work you have placed into achieving your goals and passions.
On Friday we won the Excellence in Leadership award at the Wellington Region Business Excellence Awards 2015 and while we try not to ‘shout out’ about our successes it did make me reflect on what being in business …