Business Advisory Services

07 Dec 22

Planning for the impact of RBNZ’s interest rate rises

For many, last month’s Reserve Bank (RBNZ) announcement brought bad news. Rising interest rates and inflation will hit many small businesses hard, as customers’ disposable income will decrease. Is it a time to panic? No, definitely not. But it indicates RBNZ aims to reduce the amounts of discretionary funds we have to spend. Small-businesses owners […]
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03 Dec 22

6 tips to help you enjoy the summer break

[Updated 25 November 2023] Do you sacrifice holidays to focus on keeping your business operating?  If you are, you’re not alone.  A recent survey indicated three-quarters of small-business owners regularly work through holiday periods. At Business Advisory Services, we want to helping our clients maintain a work-life balance during the festive season. Throughout this article, […]
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30 Sep 22

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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29 Aug 22

How Close Are You to Achieving Your Vision?

Starting, nurturing, and running your own business requires huge commitments. Many small-business entrepreneurs require several years to create scalable, profitable, businesses with loyal client bases. And as they do, their journeys are filled with risks, ups and downs, causing significant stress and anxiety. For those who survive the start-up phases, they begin to reap the […]
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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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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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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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