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Christmas holiday breaks are a time to spend with family, friends & have a chance to recharge for the year ahead. We look forward to warmer weather and finally setting up an out-of-office email for the break. However, for business owners, this time can be stressful without c...
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What's in the forecast?

October 23, 2019
When we set out on a fishing trip or hike, we always check the weather forecast.It’s no different in business. The forecast tells us if there’s bad weather (poor cashflow) in store based on the direction we’re heading.Your forecast will tell you:Whether you have enough...
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What’s your business growth looking like and where were you 12 months ago compared to today?If you haven’t given it much thought it is probably because you’re always stuck in the day-to-day operations. But it is worth spending some dedicated time to do some reflecting ...
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To understand the financial position of a business at a specific point of time, look at the balance sheet. The balance sheet may also be called the statement of financial position. Together with the Profit and Loss Statement, and possibly other reports such as the Statement ...
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A business bank account is an essential requirement for any business. But with so many banking providers out there, how do you know which business account to choose?The key is to know what you require from a bank account, and to choose a bank that understands the banking, fi...
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Provisional Tax explained

October 8, 2019
If you are employed, your employer deducts income tax from your regular pay and pays it to the IRD.But if you get your income from other sources such as self-employment, rental income or shareholder income, then you need to pay your income tax to the IRD in other ways.Genera...
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You’re in business, congratulations, that takes courage and commitment.It’s not easy, and at times you might find yourself questioning why you’re even doing it, but you’re here because you had a vision. You decided being in business was a better way to achieve that v...
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Starting your own business is a BIG leap of faith. Will you find any customers? Will you make enough income? These are questions that any founder will ask themselves. But with the right planning, preparation and support, you can set the best possible foundations for your new...
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Here are ten ways to make sure that you continue to drive through each business quarter with purpose, vision and the courage to super-charge your business.1. Eliminate distractions: Time is the scarcest resource and biggest killer for most businesses. Owners get distrac...
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Figuring out how much to charge is a big learning curve for any business owner. The answer to how to approach it will fluctuate as circumstances and markets change. It is important to revisit the question throughout the lifecycle of your business.There is no magic formulaAll...
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