If you are trading as a company you will already have a NZBN as all companies get a NZBN when incorporated (go to https://companies-register.companiesoffice.govt.nz/ and type in your company name to check the NZBN). But other trading entities such as sole traders, trusts and partnerships can apply for one… Read More
Continue ReadingUnless you are a retailer or in hospitality the Christmas period is often cashflow negative. Not only do many Kiwi businesses shut down for 3-4 weeks thereby losing sales for that period, most business have the triple whammy of holiday pay/STAT days payable, as well as GST and provisional tax… Read More
Continue ReadingBackground While most employers now use payroll software, there are still some businesses keeping manual wage records. Modern payroll software is simple, reduces time and errors, and takes care of laborious and complex payroll calculations. IRD introduced “Payday Filing” in April 2018 and will make it mandatory from April 2019. … Read More
Continue ReadingRecently Spark announced a complete restructure of their business by transitioning to an “Agile” way of working. The Agile method creates small units whose team members come from a variety of traditional business functional areas to work together on projects. For example, each project team would have someone from operations, marketing, sales, finance, IT, etc. Each team has projects that they work on together, often with tight and finite time frames for delivery. This is a bold initiative aimed at speeding up a large business, making it structurally less hierarchical and more dynamic. Really, Spark is trying to operate more like a small business! Read More
Continue ReadingWe understand the importance of planning – planning our business, planning our week, planning our day. Best practice for planning the week ahead is Sunday evening – but Friday afternoon, or Monday early morning (before you get hijacked!) also work for some. Your weekly plan should consider personal commitments as well as your “One Page” business plan and 90-day goals – what actions you will take this week to get closer to your goals? How can you effectively plan your week for success? Read More
Continue ReadingWe are delighted to announce that our two newest Q2 Client Advisers Mindy Li and Abhishek Chatley are now Xero certified. This means that by sharing your Xero account with Mindy and Abhishek, they can collaborate with you on your numbers in real-time and give expert advice. Xero is… Read More
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