Calculating pay rises involves more than just affordability. It is crucial to factor in the true cost of replacing an employee to make informed decisions.
The long-term success of your business is driven by clear goals. Setting and measuring targets through key performance indicators (KPIs) is essential for understanding the direction and progress of your business.
In the digital age, businesses gather vast amounts of raw data on a daily basis. However, data only becomes valuable when it is processed to provide context, relevance, and purpose.
Accounting tasks are rarely a favorite aspect for most business owners. However, by implementing a few ideas, you can enhance client and supplier relationships while simplifying processes for yourself.
Depreciation is a critical concept that reflects the decline in value of business assets over time. While often overlooked, it shouldn’t be underestimated. Depreciation accounting allows you to grasp the actual cost of conducting business, consider wear and tear as an expense, potentially reduce your tax obligations, and assess the value of your business accurately.
Bookkeeping remains a vital task for contemporary business owners, even with the replacement of leather-bound ledgers by software. In this article, we will delve into how bookkeeping works and shed light on its significance for your business.
As small business owners face the uncertainties of 2023, it’s essential to focus on the aspects they can control. While global economic conditions may seem daunting, there are practical steps you can take to position your business for success.
Learn about the key changes to the tax trust rate in Budget 2023 and how it can impact your trust. Discover strategies to optimize your asset allocation and minimize unnecessary tax payments. Contact us for expert advice and assistance.
Turning a profit is at the heart of running any successful company – But without cash flow, you can’t run your day-to-day operations or grow the business. Talk to us about how you can increase cash flow in your business.
Is your business focused on the true needs of your customers? Customer-centric businesses can be 60% more profitable, so we’ve outlined the key ways to refocus your customer strategy.
Health and safety can feel overwhelming for small businesses – what if you have no employees, or you work from home? Here’s where to go for more information on how to comply with your obligations.
According to the Reserve Bank’s (RBNZ) monthly sector lending figures, New Zealand’s total stock of mortgage borrowing is experiencing its slowest annual growth since late 2012.
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