Hoping to sell your business in the next five years? We’ll help you get your business in order and come up with a sale plan that delivers the best possible sale price.#businessadvice #SmallBusiness #exitstrategy Learn Morehttps://public2.bomamarketing.com/cp/1JgckuPDIH3e72XsmJygqj?sa=vJyijPJMhZeR7
A business without a plan is like a ship without a rudder. Read our guide to writing a business plan and find out the major benefits of having a detailed roadmap to follow.#tax #accounting #businesstips #businessplan #planning #strategy learn morehttps://public2.bomamarketing.com/cp/350QO4bJsKUFjjTQTGTT2R?sa=83bhRVbvHMKok
Attention all trade professionals! Do you have your skills & services down pat, but pricing is giving you a headache? Hourly rates might secure every minute worked, but flat rates offer predictability—just watch for undercharging pitfalls. The hybrid method, a dynamic fusion, caters to diverse jobs. However, each has nuances, like client concerns or the …
Does your business use both employees and contractors? It’s important to distinguish between them as they are paid and taxed differently. Despite what you may call the individual concerned, that description is not definitive. If the status of the worker is questioned in the Employment Court or Employment Relations Authority, for example, the Employment Relations …
What’s the difference between employees and contractors? And why does it matter. Read More »
Founding, building and growing your own small business is a hugely rewarding experience for many entrepreneurs. But the road ahead isn’t always smooth. There are common challenges that crop up and ongoing issues that need to be factored into your business plan, your strategy and your own personal thinking. So, what can you do to …
5 challenges for small business – and how to beat them! Read More »
Ticking items off your end-of-year tax checklist this month?
The Prime Minister, Chris Hipkins has announced that the minimum wage will go up from April 1 2023, to $22.70 – a 7% increase from $21.20. The Starting-Out and Training minimum wage rates will be maintained at 80% of the adult minimum wage. Costs are increasing Even if you don’t employ one of the 175,000 …
Minimum wage to rise in line with inflation from April 1 Read More »
Understanding your business breakeven point is essential to know how much money you need to make to stay in business. It can therefore help you make well-informed financial decisions and practical business plans. The breakeven point is the income or sales needed to cover all costs. Any earnings above this point generate profit. So your …
New Zealanders will soon have better access to open banking – but what is open banking – and what impact will it have on the way you shop and do business? Open banking is a secure shared infrastructure for moving financial information Open banking is a financial technology that uses an open API to send …
What are your business goals for the year ahead? The beginning of a new calendar year is an excellent time to review the year just finished and reflect on what worked, what didn’t, what you’d like to change and new things you’d like to implement. Last year, there were inescapable impacts on businesses, with some …
Review the year that’s been and plan for the year ahead Read More »