Mark Gwilliam

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18 Dec 21

Are Buying a Business? Don’t Forget Your Homework

With much of the legwork already done for you, buying a business that’s already operating would make sense for many budding entrepreneurs.  After completing the formalities of transferring ownership, you’ll be up and running in no time.  With an existing client base, staff, premises and brand, you could be making a decision you’ll never regret. […]
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More recently, biometric data, such as fingerprint or thumbprint scans, are being  used to verify someone’s identity.
23 Aug 21

13 small-business cyber-security tips

Updated: August 2021 If you own a small-business and think data-security is unavoidable, this article provides 13 small-business cyber-security-tips. Do you fear being hacked or losing customers’ personal information?  If you answered yes, you’re certainly not alone. 1. Norton’s Cyber Security Findings Norton’s 6th annual Cyber Safety Insights Report highlighted an alarming statistic.  It found […]
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31 Mar 21

Tax Changes for Residential Investment Properties

The current Labour government has announced some radical changes to New Zealand’s tax legislation for residential investment properties. It has declared it wants to remove “tax loopholes” that gave an unfair advantage to existing investment property owners. Government proposed the legislation soon after Real Estate Institute of New Zealand (REINZ) announced the country’s latest house […]
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12 Feb 21

Trusts Act 2019 – Trustee Responsibilities

Several important changes to how trusts operate now apply after the new Trusts Act 2019 (“Act”) took effect from 30 January 2021.  The Act imposes more obligations for settlors, trustees and beneficiaries.  Trustees should take action.  They should review the trusts they are responsible for to ensure they operate as intended and comply with the […]
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08 Sep 20

Unravelling Four Myths About Business Cash Flow

Running your own business can be exciting and rewarding but often presents its fair share of stress.  Often called the “silent killer” poor cash flow is one issue that causes more businesses to cease trading than anything else.   If you’re concerned with your cash flow, I’m about to share some practical advice to help you […]
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25 Aug 20

The Small Business Profit Model

Why do some businesses experience rapid exponential growth, while others fail? Almost all of them fall into one of two categories. The Small Business Profit Model The “lucky” few stumbled on a breakthrough in their business.  Either with an invention, exposure in the mass media, or some other innovation that’s rare and hard to repeat. […]
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27 Jul 20

4 Ideas To Navigate Your Business Through A Recession

As the owner of a small business, you’ve no doubt experienced tough times at some point. Even if you haven’t, things could be slowing down due to the effects of Covid-19. Don’t worry though! Almost every business will go through rough patches at some point. This doesn’t reflect on you. Sometimes, things are just out […]
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21 Jul 20

7 Strategies To Avoid Exhaustion For New Businesses

Starting your own business might be one of the most thrilling and daunting steps you’ll ever take. At the start, you’ll feel driven to work late and on weekends because you want your new company to thrive. Over time, working too hard might cause burnout. You might even lose the passion you feel for your […]
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5 Ways to Boost Your Cash Flow
27 May 20

Budgeting and Forecasting Process Roadmap

Can your business succeed without a budgeting and forecasting process?  The answer is…probably, yes.   Good budgeting and forecasting processes are two important steps to skilfully run your business and achieve your financial goals.   The recent COVID-19 pandemic has put many businesses under significant financial pressure.  Here are nine ways to help you develop a simple […]
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