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11 small-business cyber-security tips.

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 […]
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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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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

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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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 […]
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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. […]
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Why retailers need to understand financial metrics

If you operate in the highly competitive and fragile retail landscape you’ll need more than a basic grasp of accounting. You must know which financial metrics affect your business and how to measure and monitor them. This article highlights four common financial metrics that every retailer should be reviewing every month. It also explains what […]
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Rental Property Accounting Basics

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New GST Rules for Offshore Suppliers

The number of non-resident businesses selling products and services via the internet is increasing. Recently introduced legislation seeks to preserve a sense of fair play for Kiwi retailers. Kiwi retailers have suffered because many New Zealanders have bought goods and services from offshore suppliers free of GST. The “GST Offshore Supplier Registration and Remedial Matters” […]
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