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BookkeepingHow to prepare for annual accounts: your unshakeable frenemy
Annual accounts—a business owner’s unshakeable frenemy. No matter the size or type of your enterprise, be it a start-up, a multinational, or a charity—this task waits for you, year in, year out. These accounts are a snapshot of your business’s financial health, a tool for decision-making, and a requirement for tax compliance and stakeholder trust. […]
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Benefits and Issues of Cryptocurrency
When people think about cryptocurrency, we mostly think about Bitcoin but what exactly is cryptocurrency? Cryptocurrency is a type of digital currency which is recorded on a blockchain that can be used in exchange for goods or services. A blockchain is a specific type of database that stores information in blocks that are chained to […]
The Customer is no Longer King
In the past, companies have been built on the motto that ‘the customer is always right’, and yet, it is becoming more and more apparent, that the customer can sometimes be a complete idiot. Previously, you would have to put up with it. And in the rise of the digital age, online reviews are starting […]
Being too positive is dangerous
As Alfred E. Neuman famously said, “What, me worry?” In October, I facilitated a discussion with Bruce Sheppard (CEO of Gilligan Sheppard) and Evana Lithgow (Managing Partner of Working Minds) to add to our series on life and business post-lockdown. The discussion centred around how do we deal with, and face the uncertainty of the […]
Valuing SMEs in New Zealand
We all know New Zealand is a country with a high number of small to medium businesses (SMEs). This may mean we are entrepreneurial, value working on our own terms rather than those dictated by employers, wish to utilise our skills or turn our ideas into action or a myriad of other options. How then […]
Managing our debts
I was recently listening to the audio book ‘Game of Thrones’ and the saying “A Lannister always pays his debts.” struck me and reminded me of the incidents of two entities: both were from overseas, both engaged New Zealand professional services and both neglected to manage their debts. It was so easy walking into an office having a lengthy talk […]
