Do you have clients or customers who are not paying their bills on time? This can be one of the more awkward things about running a business. It can also have negative impacts on day-to-day operations if cash flow is constantly tight, especially in small businesses. But what can you do about it? How can […]
Sales are the lifeblood of every business. After all, if you aren’t getting paid, then you aren’t running a successful business! So it stands to reason that every business could do with more sales. However, sales don’t simply fall in your lap. The market across most industries is only getting more and more competitive. So, […]
Do I need an accountant or a bookkeeper? Do they do the same thing? Don’t they work in competition with each other? These are questions that we get asked all the time. To be perfectly honest, accountants love it when you have a bookkeeper. The jobs each profession do are completely different, but do work […]
Does anyone really love doing their tax returns? If you are self-employed or running a small business (or planning to in the future), you have no doubt considered whether you should outsource your tax returns. Surely it can’t be too hard right? It’s just one little form… Wrong! A quick online search or a chat […]
Financial reports can be a bit overwhelming. With columns of numbers everywhere, coding, and subtotals, it is hard to decipher what they all mean. But your profit and loss statement is a pretty key report to understand. If you only learn about one aspect of financial reporting, then your P&L is a good place to […]
With summer settling in and the new year around the corner, many businesses may be facing their slump season. Cash flow can slow down over the warmer months while people are on holiday or facing empty wallets after a Christmas blow out. With the right planning, foresight and management, the quiet season doesn’t have to […]
Financial Considerations For Having A Company Vehicle Love the idea of having a shiny new company car or van to cruise around town in but not quite sure how it works and what you need to consider? As much as the idea is appealing and you might think you can write off all the expenses […]
One of the biggest time suckers for a small business is trying to maintain your finances. That is why hiring an accountant to manage them for you is a smart move. You give yourself extra time and energy to focus on the important aspects of growing your business. However, if you don’t utilise or support […]
The end of the year is fast approaching, and you know what that means – holidays, Christmas trees and parties, right? Yes, while these things are all on the horizon, it also means the end of the financial year is only a hop, skip and a jump after that! So, it is time to hit […]
Why A Good Accountant Is On Your Team Accountants have a bit of a bad reputation. We aren’t sure why; we are actually a pretty cool bunch here at Accountants Plus! But unfortunately, it seems to be a reputation that comes with the territory. Accountants really are an essential resource for your small business. That […]
What do clouds, rainbows and accounting have in common? Normally those are three things that you wouldn’t necessarily hear in a sentence together. But cloud-based accounting really can make rainbows appear in your business. And that is why we think you should embrace it wholeheartedly! Let’s face it; if you are self-employed or running your […]
Do you know how healthy your business is? Could you say with confidence how much money is in your surplus budget, that all of your expenses are accounted for, and that there is little chance of a nasty surprise popping up? If you answered no to any of that, you need to be monitoring aspects […]
T… A… X. Three little letters that can strike fear into the heart of any small or medium business. And what about all those other acronyms… FBT, GST, IRD, ACC, and PAYE. But is tax really all that scary? Your business tax does not have to be an unsolvable mystery. Let’s have a look at […]
Buying a business that is already established can be an exciting opportunity… if it is the right business. You can get the benefit of a solid reputation, steady cash flow, loyal customers, proven processes and a reputable brand. But if you aren’t careful, you can end up with a bunch of negatives you weren’t expecting. […]
Starting a business is both scary and exciting. You know you have a great idea, but it takes more than just an idea to be a success. There are a lot of things to consider when starting a business. Some you might not have thought of initially. So, to give your startup the best chance […]
It is exciting when your business begins to grow as surely that means you are successful. But where to from here? If you are planning to expand your business then there are some considerations to take into account, both practical and financial. Business expansion is something that you need to plan for and ensure that […]
It’s great to be in business for yourself, right? You can set your own hours, take holidays whenever you like, and work with an unprecedented level of freedom and flexibility that is second to none. Of course, it’s not always sunshine and roses; with pros, come cons. A potential downside to working for yourself can […]
Another year is coming to a close, and a new one is about to start. Yep, you guessed it. Time to set some goals. But what does that mean? When you set goals, do you ever track your progress? Or do you simply rely on blind luck to help you succeed? If you are going […]
Does your business bank account feel like a bit of a black hole? Money seems to go in there, but it never ends up in your pocket. It just seems to disappear without warning. If you had one of those years, it is time to have a bit of a look at your finances and […]
Santa is coming and so are those Xmas time business expenses. Begs the question – What about the tax? Can you deduct all of it? Some of it? Ooooh – maybe none of it? Well, you have come to the right place to find out! Keep the HO HO HO from becoming an OH NO […]