Your bookkeeper is one of the most important people in your business. They keep track of your cash flow, help your staff get paid, make sure your invoices and bills are sorted, and keep tabs on all your financial data on a day to...
NEWS FROM ADMIN ARMY
How Work Sprints Can Boost Your Productivity
Do you struggle to focus, have a never-ending to-do list, and go home feeling like you somehow wasted half your day? You're not alone! It's a common complaint in today's fast-paced world. But don’t fret; the solution to your productivity woes is simple yet effective....
6 Questions To Ask Before Starting With Your New Bookkeeper
Congratulations! You’ve made the decision to outsource your bookkeeping. But how do you know your new bookkeeper has the skills you need to provide you with the best support possible? With no industry requirements, anyone can call themselves a bookkeeper. Even someone...
How Much Should I Pay Myself?
How much should I pay myself? It is a question that many business owners ask themselves. And deciding what that number should be is rather tricky. Unfortunately, there's no set formula for working out the exact number. It depends on an interlinking range of factors –...
Is It Possible To Take My Business Finances Paperless?
Never in history has it been easier to operate a business without paper. The world is digital, which means life – and running a business – is easier, faster, more efficient, and most importantly, better for the planet. So, that means you don’t have to keep dusty old...
The Easiest Way To Streamline Your Payroll
As a business owner, endless lists of tasks eat up your precious time every week. Regardless of the size of your business, payroll is one chore that tends to result in procrastination and tension headaches. However, this essential task shouldn’t be put off! Getting it...
Understanding The Difference Between Profit And Cash
Do you know the difference between profit and cash? It’s all money, right? Technically, it is all money. But it is not the same kind of money. Many people assume profit and cash are one and the same. But in business, they are very different metrics, each with a...
The Real Cost Of DIY Bookkeeping
Every business owner needs something of a DIY attitude to succeed. This particularly true in the early days of a new venture. And as Kiwis, we are perfectly equipped for a bit of DIY on any occasion. All we need is a bit of number 8 wire, right? Or maybe some duct...
Mastering The Art Of Financial Delegation
When you first get into business for yourself, it often makes perfect sense to juggle every business task single-handedly. However, as your business takes root and begins to grow, wearing all the hats starts to become a less than ideal endeavour. If you are...
Are Your Business Finances Legally Compliant?
How certain are you that every aspect of your financial management is legally compliant? Are you cross-your-heart-and-hope-to-die, 100 percent sure? Reasonably confident that you are probably doing the right thing? Or no idea, stab-in-the-dark and cross your fingers...
Finances 101: How To Get Them In Order
Regardless of how big or small, or how new or old, your business is, getting your finances sorted is vital. Failing to get these basics in order is like setting off for a run without tying your shoelaces. You might make it through the front door if you're lucky, but...
Can I Claim Those Expenses As Business Expenses?
Running a business can be bewildering at the best of times. But, come tax time and the fine print gets even more confusing! Knowing exactly which things you can and can't claim back can help things run more smoothly at "that" time of year. Plus, it’s always nice to...