Archive for the ‘Business’ Category

Why businesses are making the swap to Xero
In today’s competitive business world, effective financial management is the key to success. As a business, you often need to handle multiple tools simultaneously, such as payroll, accounting, and inventory management, which can lead to inefficiencies and errors. This is where Xero comes in. This cloud-based accounting software seamlessly integrates all essential functions, making it […]
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How 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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Share options: demystified context and uses
Many share option plans in both the investment markets and employment markets are misunderstood, misused, and don’t deliver for at least one, if not both parties, what they expected. This is the basic jargon: What is an option? The right to buy or sell something at some future point in time. What is a share? […]
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The power of effective bookkeeping: real-life success stories
When a bar owner I worked with went from operating at a loss to turning a profit within one year, it wasn’t just about getting the numbers right—it was about understanding what their business needed and building a system that would set them up for success. Bookkeeping is the foundation of the accounting cycle and […]
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The financial experts: What CPAs and CAs bring to the table
In business, having the right financial expertise can make the difference between surviving and thriving. Whether you’re dealing with international investments, managing cash flow challenges, or planning for growth, a qualified accountant’s technical knowledge and strategic insight can be invaluable. And that’s where Chartered Accountants (CAs) and Certified Practicing Accountants (CPAs) stand apart. What makes […]
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Survive to 25?
Some businesses are feeling uncertain in this economic climate, and many New Zealand businesses are echoing the mantra ‘survive to ’25.’ It’s a sentiment that reflects the hope for better days ahead but also the challenge of navigating the current landscape. We’ve seen this scenario before, and we’re here to tell you that there’s a […]
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Client retention is your secret weapon.
It’s a subject that’s come up a lot lately, and I’m pleased that so many more businesses now understand that their relationships with their clients (client retention) aren’t just a nice-to-have; they’re a must-have for any business looking to thrive. Person-to-person communication—or at least any communication that feels personal—is by far the best way to […]
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The power of sharing: Why giving away your intellectual property can be your greatest business strategy
Remember when our parents taught us the importance of sharing? That simple lesson, often illustrated with shared toys or split snacks, was more than just a way to keep peace in the playground. It was preparing us for a fundamental truth in life and, as it turns out, in business. As children, we learned that […]
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What benefits do NZ employees value most?
Last month, the office coffee machine tragically broke down after almost twenty years of service. Not long after the ‘OUT OF ORDER’ sign appeared, I thought I noticed a distinct lack of bodies in the office. A few days passed, and the machine sat there forlornly, temporarily replaced by a jar of instant coffee. Good […]
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The glass ceiling in accountancy is no myth
‘Globally, women make up a significant percentage of accountants and auditors. Statistics gathered from the 2020 Accountancy Age Top 50+50 survey demonstrated that nearly half of all qualified accountants were female (45.47%). Yet just 1/5 of women were positioned in senior roles within the sector.’ Roxana Zendy – Finance Journeys The statistics on women in […]
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