A key question on businesses’ lips is “how will this current lockdown impact my business, and our local economy, when we come out of it?” Lessons from last time New Zealanders went on a spending spree after we emerged from…
We have seen an increase in Inland Revenue activity over the last 12 months and we are expecting to see their activity to continue to increase, particularly queries and reviews in the following areas: The 39% personal tax rate on…
Making time to look over your financial reports each month is an important task for any business owner. If you are not taking the time to do this, either because you’re too busy, or perhaps you don’t really understand what…
As business owners we are no strangers to weighing risk and navigating uncertainty, but the current climate has dialed everything up. Many business owners face the uncomfortable position of having to remap carefully thought-out succession plans and exit strategies and…
Buying an existing business can be a great way to get started as a business owner, or to expand operations if you are already running a business. Established businesses have done the hard work of setting up, so you can…
If cash flow is the lifeblood of your business, then working capital is the health check you should regularly undertake to keep your business alive. Regularly checking working capital plays an essential part in maintaining business success during times of…
There are steps you can take now, to minimise the impact of a recession and build a stronger business. As we enter the recovery phase on the way to establishing the new normal, with lessons learnt from lockdown, we’ve discovered…
From 10 June until 1 September 2020, if you have been affected by Covid-19, you can apply for the Wage Subsidy Extension payment, announced in this year’s Budget. Like the 12-week Wage Subsidy (which ended yesterday), the Extension is so…
Lockdown and the subsequent restricted ‘levels’ of operation continue to be tough for businesses. Suddenly, the office was empty, employees were spread across various home locations and crucially sales and revenue evaporated for most in the blink of an eye.…
