Holding/Parent Companies versus Sister Companies

July 29, 2021

We are sometimes asked whether a “Holding/Parent Company” structure, or a “Sister Company” structure is recommended. What is a Holding/Parent Company? A holding/parent company is owned by the ultimate shareholders, let’s say James and Jill with each owning 50% of the shares in the holding/parent company.  The holding or parent… Read More

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Is Acquiring Another Business a Good Business Strategy?

July 26, 2021

If you already own a business you will know first-hand the associated rewards and challenges. A business may grow quickly, but then stall or plateau when starved of sufficient capital or resources.  Acquiring or merging with another business can help break through the plateau, allowing further business growth and expansion. Read More

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What is Due Diligence?

July 21, 2021

Due Diligence Explained Due Diligence is defined by Google as “reasonable steps taken by a person in order to satisfy a legal requirement, especially in buying or selling something.” We generally do due diligence when we: Sell something – will the purchaser pay up and/or honour the other parts of… Read More

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Know your Business Contracts

July 14, 2021

Most of us don’t love legal contracts – they are often hard to understand and costly to prepare.  In the thrill of the moment we may skip through the fine print without full understanding, signing the agreement in hope of a good outcome. But the details of the contract often… Read More

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The End of Q1 – what have you achieved?

June 30, 2021

It’s 30 June – we’re half way through the calendar year and, for most of us, 25% through the financial year ending 31 March 2022. If your revenue goal for the current financial year is say $1m (or $10m?)– have you recorded at least $250k (or $2.5m?) by 30 June?… Read More

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Thinking about productivity

June 23, 2021

Last month the NZ Productivity Commissioner stated that “New Zealanders are working harder rather than smarter”.  It seems we are working harder but producing less compared to other countries. NZ’s traffic infrastructure is not helping – the time getting to and from work, or around the city as part of… Read More

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