Let’s face it, end of year financial planning was never a fun task, but Covid has made it even more challenging! Your goalposts probably shifted at least a few times in the last 12 months, you may have debt to pay off, wage subsidies to factor in, or perhaps you’re...
It’s hard for business owners to be future-focused when things are still so uncertain. For the past two years, businesses have been trying their best to predict what’s coming next while waiting for events to settle down. While it’s wise to be cautious about making any...
What’s the worst part about running a business? If your answer includes any financial tasks, you’re not alone. Bookkeeping, accounting and taxes are among the most hated business tasks, with 40% of small business owners categorising them as their number one peeve....
Every business should have clear, realistic financial goals to work towards. Whether you’re a one-person set-up, a rapidly growing team, or a larger organisation, your goals act as your roadmap. Financial goals in business help you to navigate the small daily...
Having a blog for your business is one of the best ways to engage your customers, build your authority, and shoot to the top of Google’s search results. But you only get out of it what you put in, and not many business owners have the time to dedicate to creating or...
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...
As a small business owner, we know that you have got an awful lot on your plate. So much, in fact, that it can be hard to know exactly what to focus on! But when you boil all your business tasks down, the most important question to ask is: will this task help with my...
Do your employees enjoy being at work? Most people spend more time at work than they do at home. So transforming the workplace into a positive, supportive, healthy environment can make a world of difference to their mindset and attitudes. This is true of a home office...
Every successful business owner knows that planning is essential. Without a well-thought-out strategy, it's impossible to get through those first crucial years let alone continue growing! But what happens at the other end of the business life-cycle? Have you thought...
So you are ready to expand your empire and bring on someone to help, congratulations! Hiring your first employee is a critical milestone in the growth of your business. As exciting as this moment is, it's a decision that shouldn't be rushed. Jumping in before you are...
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...
Anyone running a small or medium business knows that it’s nothing like working a typical 9-5 job. Although that’s one of the main benefits of managing your own business, it can also be one of the most challenging aspects. Your hours may be unpredictable, your schedule...