Well, its official, Winter has hit us here in Wellington. It’s a bit too cold to get Outside, so how about you snuggle up with your Xero account and have it all reconciled by Thursday the third of August? We’ve not just chosen this date because it sounds good, but it simply means stuff gets done. If you’re really struggling, hit the “reconcile for me” button above. Or, come visit us in our Wellington office for a Xero refresher!
Xero tip – streamline client
communication and invoicing
The world swimming champs are on at the moment and, coming from a swimming background, it provides a great analogy for a key concept in business, and life.
Off every wall in the pool, you’re guaranteed every swimmer is pushing as hard and as fast as they can. Imagine that every swimmer can generate the same power by putting in the same effort. Amongst other things, those who accelerate out to the 15m rope are those who have maximised their streamline. In essence, they’re getting more for the same input by ‘streamlining’ the process of getting there.
Exactly the same applies to business – streamline it and get more for the same, or the same for less. In this case, the input is time – something we all want more of. Bringing Xero to the fore, they’ve streamlined your client communication and your invoicing so you can see both in one place. A relatively simple combo, but could save you a world of time. To hook up your Gmail or Office 365 email account to Xero, check out the video here.
Business Growth
“Growth” is a buzz word in business, and always will be. We see a lot of Wellington businesses striving for growth and not really knowing what it means. Boil it all down and growth, in whatever aspect or direction, should, in one way or another, add value.
In our experience, three factors underpin adding value to your business, and as an owner, they are driven largely by you:
1. Strategy 2. Capability 3. Commitment
Talk to us about our Higher, Faster, Stronger approach to good growth. Plenty of ‘growing’ businesses go out of business – don’t be one of them.
From 1 April 2025, New Zealand’s minimum wage will increase, impacting businesses across the country. As an employer, it’s essential to understand how these changes affect your payroll, budgeting, and overall business operations. Here’s what you need to know to stay compliant and prepared.
The good news? There are practical steps you can take to regain control of your time and create a healthier work-life balance.
You started your business to enjoy the freedom of being your own boss — yet somehow, you’re working longer hours and feeling overwhelmed with admin, meetings, and constant demands.
The good news? There are practical steps you can take to regain control of your time and create a healthier work-life balance.
With 31 March fast approaching, now’s the perfect time to prepare for the end of the financial year. Acting early can save you time, reduce stress, and ensure your business is ready to thrive in 2025. If you’d like a checklist to guide you through the process, reach out — we’re here to help.
As your accountant, we’re not just here to manage your finances — we’re also here to support your strategic growth. One vital part of that growth is business development (BD). By driving your BD strategy forward, you can transform your company from steady, organic growth to fast-paced expansion and lasting success.
In today’s unpredictable economic climate, knowing what’s ahead is a game-changer for business leaders. But with economic shifts, political changes, and evolving market conditions, predicting the future isn’t easy.
Did you know that 95% of New Zealand small businesses experience at least one month of negative cash flow each year? This means that even profitable businesses can find themselves struggling to pay bills if they’re not actively managing their cash flow.
