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BusinessThe most common challenge I see among my clients
During the last nine months of client meetings, account preparation, and tracking expenses, there is one challenge most clients have in common, and that’s cash flow. It’s a critical component of a business’s financial success, so it’s important that we keep it healthy. Why is cash flow so important? Operating Expenses: A business needs a […]
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One Room
The other day I received an email in my personal account from a client. My first thought was why? Why was a client emailing my personal account? And then I opened it… It was an invitation to view a memorial service via online streaming. It was a bit of a weird request and the text […]
Sailing makes you patient
In 2008 we moved from Pakuranga to Kohimarama. I noticed the Kohimarama Yacht club, a lonely grey wooden structure on the beach front of Tamaki Drive between St Heliers and Kohimarama. I did not expect that in the 10 years to come, we would be so involved with them. My daughter Crystal joined the club […]
Richard's Tax Updates: August
Richard has had over 25 years’ experience with NZ taxation, and particularly enjoys dealing with land tax issues and the GST regime. He deals with clients of all types and sizes and provides tax opinions on the appropriate treatment of items of income and expenditure, assists clients with IRD risk reviews and audits and can […]
Business Valuation – Expert Insights
I am often asked “What’s the multiple for my business?”, “What’s the valuation formula?” or “Do I multiply my profit by three?” Unfortunately, business valuation is not this simple. Business value does not stand independent of the market it operates in, nor is the value just based on the profits generated by a business. I […]
Richard's Tax Updates: July
Richard has had over 25 years’ experience with NZ taxation, and particularly enjoys dealing with land tax issues and the GST regime. He deals with clients of all types and sizes and provides tax opinions on the appropriate treatment of items of income and expenditure, assists clients with IRD risk reviews and audits and can […]