The Government has launched the Small Business Cashflow Loan Scheme (SBCS) as another measure to assist eligible small-to-medium businesses adversely affected by COVID-19. From 12 May 2020, businesses employing up to 50 full-time staff may apply to the Inland Revenue Department for loans of $10,000 plus $1,800 per employee. What’s involved? the loans accrue interest […]
Small Business Loans to Ease Cashflow Read More »
IRD have announced significant concessions in relation to payment of tax, and we can help you work through how this applies to you and your business. If you are unsure as to whether you should / could pay any upcoming tax payments (including GST and PAYE), then please get in touch with us now. Remember – you
Cashflow Forecasting and IRD Tax Relief Read More »
For some business owners, the end goal is to sell their company and either retire or move onto another venture. For others, the end goal is not to sell – but don’t rule this out. Kaz Staples, former managing director, founder and owner of Pure Delish says, “grow your business as if you’re going to
Build Your Business With the End in Mind Read More »
Being in a position of authority is full of challenges. Many business owners and managers are tempted to handle everything on their own to ensure everything goes smoothly. However, performing all important business tasks on your own is not realistic and can lead to mistakes and in some cases, exhaustion. For this reason, you need
Getting Things Done Through People: Management 101 Read More »
While a bank may be your primary financial provider, what do you do if they say no to your funding request? A no from a bank is not always about your creditworthiness or ability to service a loan. It could simply be the bank’s propensity (or not) to the nature of the lending that is
Alternative Lending Solutions If The Bank Says No Read More »
IRD recently passed legislation relating to ring fencing of residential rental property losses. This could have a significant impact on your tax position for the year ended 31 March 2020, and you need to plan for this now! If your residential rental property is generating tax losses, then the resulting tax refunds (or reduction in
IRD Update – Warning For Our Property Investor Clients Read More »
It’s mid-way through the year and what better time than now to plan your marketing activities through to the calendar year-end. We’ve created a simple planning template that you can download and use to map out your activities. Firstly however, before you go ahead and get planning, have a think about your marketing objective for the rest of
Marketing Made Easy: Map Your Activities to December Read More »
Who said you can’t mix business with pleasure?If you’re looking to inspire some fun into your team while also strengthening the bond between team members, then look no further. The 16Personalities tool is just the thing to increase better working relationships and thereby productivity by understanding each other’s personalities and workstyles. It gives each individual an insight
Strengthening the Bond Between Team Members Read More »
A must read for business owners is The E-Myth Revisited by Michael E. Gerber. If you’ve not read it, then find a copy and make the time. It’s well worth the read. As Michael states in his book, “if your business depends on you, then you don’t own a business – you have a job. And
Build a Business That Doesn’t Need You Read More »
Poor cashflow is the number one reason businesses fail. Cashflow planning is best practice in any business and critical to survival and growth. Setting targets and monitoring your actual cashflow against your forecast will enable you to predict large cash outflows and respond to changes in your business. Whether your bank has requested a cashflow
Why You Need a Cashflow Forecast Read More »