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
Continue ReadingIf 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
Continue ReadingDue 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
Continue ReadingMost 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
Continue ReadingIt’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
Continue ReadingLast 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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