The Smart way to pay your professional fees Astute cashflow management is essential for operating a successful business. In today’s competitive environment many businesses prefer to spread their professional fees over the year rather than paying as a single lump sum just like rent or insurance premiums. feeSmart is a monthly payment option available to […]
Whether you are starting a new business or looking at expanding your existing business, deciding on the commercial structure to adopt can seem daunting and the help of an advisor is likely to be sought. Irrespective of that help, the final decision will be made by you – based on your answers to the following
Business Structuring Read More »
Recent changes to the Financial Reporting Act 2013 Despite our best efforts, many of us are familiar with the consequences of making late tax payments to the IRD. Often, the problem is not just that we forget and leave it to the last minute, but that the payment we make is not processed or received
Tax Payments – when received in time Read More »
With the large decrease in the Fonterra pay-out it is worthwhile for our farming clients to have an estimate of their provisional tax. As you are aware provisional tax for the 2015 financial year is based on the income you made in 2014. You are going to make significantly less profit in 2015 therefore it
All businesses need some degree of funding in order to achieve long term operating objectives. One of the biggest decisions for a small business owner is whether to fund these long-term financial requirements through debt, equity, or a combination of both. There are advantages and disadvantages to both forms of funding that should be considered
Irrespective of the stage of a business’s life cycle, managing working capital is extremely important. During the growth phase, many businesses have failed due to growing too rapidly, and not having the corresponding cashflow to keep up with the expanding needs of the business. Meanwhile, mature businesses need to maintain sufficient working capital to ensure
Managing Working Capital Read More »
A ‘difficult person’ might oppose ideas, be irritating, appear negative or simply not like other people. When it comes to communicating and working with a person who is particularly difficult, we often resort to one of three assumptions: the person is ignorant the person is stupid the person is evil and simply trying to be
Working with Difficult People Read More »
Subject Line Don’t underestimate the importance of a clear and concise subject line. This may mean the difference between your email being treated as spam, deleted or designated low priority. Including a clear subject line can also help the recipient find your email in future. Sign on/off Remember that an email is effectively a letter.
For many businesses, 31 March is an important date because it is the end of their financial year, and it is the last day their accountant has to file their prior year’s tax return. To make the year end process as smooth as possible (at least from a tax perspective), a few “to dos”, along
Did your New Year’s resolutions include making significant changes, gaining control over, or simply maintaining your business in its current form? If so, putting a plan in place will help you think through the critical aspects of your business and help you to make good decisions in the year ahead. Like a map, a plan
