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BusinessThe hidden cash flow leaks that drain your business
Growing businesses face a puzzling situation – sales are increasing, but bank balance remains low. This cash flow disconnect leaves many business owners wondering where their money goes each month. The growth paradox For many New Zealand family businesses, growth brings unexpected challenges. As revenue increases, available cash often decreases, creating a cash flow squeeze […]
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Don’t wait until its too late…
ARTICLE SERIES: KEEPER OF BOOKS Recently, a new client came to me to consult about issues with his existing accountant who, after not being able to comprehend the logistics of the business, eventually left. After some initial discussions and reviewing the company’s Xero, I attempted to clean up the mess and provided him with all […]
The five keys to a harmonious workplace
It is crucial to feel comfortable at work because you spend one third of your life there! For your employees to have a sense of pride and belonging in the workplace, it’s important to have a healthy and positive work culture. One of the most important criteria is that employees feel free to share their […]
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 […]