Mark Gwilliam, Author at Business Advisory Services

03 Aug 20

13 small-business cyber-security tips

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 yes, you’re certainly not the only one. 1. Norton’s Cyber Security Findings A recent report by Norton highlighted an alarming statistic. It found that more than one […]

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 […]

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 […]

09 Jun 20

5 Important Questions to Ask Your Accountant

Do you dread going to see your accountant and dropping off your annual tax records? Is it intimidating because you don’t know what questions to ask your accountant? This article explains how to develop a valuable business relationship with them and the types of questions to ask them. A good accountant will be a key […]

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 […]

07 Apr 20

Why Cashflow is Critical for Your Business

Managing your business without a cashflow forecast is like driving with your eyes shut. You’ll probably be able to survive a short distance. But it’s dangerous and you won’t notice the danger until it’s too late. So what is cash-flow, why is it so vital, and how can you ensure you stay on top of […]

26 Mar 20

COVID-19 GOVERNMENT SUBSIDIES

I hope you and your families are safe and well. On day 1 of our national lock-down, many of you are wondering how the New Zealand’s government’s wage subsidy will work. This article tries to give you a summary, although please don’t shoot the messenger as we are all trying to understand these new measures. […]

17 May 19

Accounting doesn’t have to be a chore

Chances are that you’ll not perform cart-wheels if I mention the words virtual accountant or accounting! Unless you enjoy working with numbers or you’re either a bookkeeper, accountant or virtual accountant, you’ll probably turn your nose up at the very sound of the word. That’s okay. You’re not alone. A high percentage of small-business owners […]