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Ace Payroll support ending 2025
Do you use Ace Payroll? With Ace Payroll support ending this year, now is the time to find a new payroll system. Every business is unique, and so are its …
Keeping your cashflow strong in tough times
Small businesses are particularly vulnerable in tough economic times. When sales are slow, there are still overheads and salaries that need to be sorted. Pre-planning and being proactive can help …
Donations: the often forgotten tax benefit
It’s a great time to consider any charitable donations made throughout the year. In New Zealand, individuals can claim tax credits for donations made to approved Donee Organisations which includes …
The Fundamentals of a Business Budget
A business budget is one of the essential tools in managing your business finances and actively building your business. A budget shows what you plan to do with your cash …
Costs are rising: what can you do?
The ANZ Business Outlook survey for December 2024 shows that some Kiwi companies are reporting a significant increase in activity. But there was also a rise in expected costs, with …
Using forecasting to help your decision-making
Producing regular management information is one way to help improve your business decision-making. But looking at historical numbers can only tell you so much. In business, you want to know …
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What are your business goals for the year ahead?
The beginning of a new calendar year is an excellent time to review last year and reflect on what worked, what didn’t, what you’d like to change and new things …
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Automation can ease your business workload
The average business owner needs an additional four hours in their working day to complete their admin, according to recent research by OnePoll. If your people are spending 20 hours …
FamilyBoost – Childcare Rebate
FamilyBoost, a new childcare rebate, is available from 1 July 2024. Applications for the first quarter have just become available through IRD. Eligible families will be able to obtain reimbursement …
6 Powerful Reasons To Watch Your Financial Reports
Making time to look over your financial reports each month is an important task for any business owner. If you are not taking time to do this, either because you’re …
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New NZ Tax Thresholds
The Government is making changes to personal income tax thresholds from 31 July, 2024. These changes may affect your business if you employ people. If you use payroll software If …
Your Business Plan
An ever-changing business landscape can present unforeseen challenges for any business at any time. Identifying risks and opportunities in your business model and creating a Business Plan will help you …
Budgeting for success: the importance of good financial management
When you’re operating and managing a small business, you have a finite pot of cash to work with. Because of this, it’s incredibly important to manage your cash well and …
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How to get original with your marketing (without breaking the bank)
The success of your business depends greatly on the success of your marketing. Getting your key messages, product features and brand identity out into your industry market helps to drive …
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How to apply for a business loan
Need some extra cash to take your business to the next level, but daunted by the loan process? You’re not alone. There’s a lot of paperwork and number-crunching involved. Before …
Review your expenses – and save yourself money
Running a business will always mean incurring certain expenses, or ‘spend’. Whether you’re a large family business or a small fledgling startup, there will be costs, overheads and supplier bills …
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Which business expenses can you claim against tax?
Incurring expenses is an unavoidable fact of running a business. But which expenses can you claim tax deductions against and which don’t meet the tax-free criteria? Here’s our lowdown on …
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The True Cost of a New Employee
When you’re calculating pay rises, it’s important to think about more than just how much you can afford. You also need to consider the true cost of replacing that employee. …
3 cloud accounting tips to save your business time and money
Keeping on top of your accounts is a big part of running a successful and profitable business. But you don’t want to spend ALL your time dealing with accounting tasks, …
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Cashflow freedom – The 7 causes of poor cashflow
Cash is the lifeblood of any business. Even profitable businesses can and do fail because of poor cashflow. What’s important is that you understand your key cashflow drivers. Improving cashflow is often …
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