Our Guide to your Financial Reports - Part 4 (Balance Sheet) will help you understand you Balance Sheet, or Statement of Financial Position, measures the net worth of your business at a point in time and shows if your business is solvent (if assets are...
Difficult to get right, expensive to get wrong. The cause of many head aches for New Zealand Business Owners. Yes, we are talking about provisional tax. If you are new to business or are about to pay provisional tax for the first time, the whole process can...
Are you earning enough? As a business owner you should be earning more than an employee, or what you could earn as an employee of someone else’s business. This premium compensates you for the extra risk and demanding work that as a business owner you...
If you have not read our 6 Ways to End the year right article. Do this now. Once you have reviewed your past performance and got your records ready for your end of year accounting it is time to look to your future. If your business is...
For those with a 31st March Balance Date, the new tax year starts on the 1st of April. This is an ideal time to look at what is working, and fix what is not. A great time to plan for your business and financial success. ...
If you have a 31st March balance date, end of financial year is just around the corner for you. Preparing for end of financial year can really take the hassle out of your end of year accounting and tax returns, but even more important can...
Guide to Your Financial Reports - Part 2 (Trading Account) is the follow up to our first part of this series: Guide to Your Financial Reports - Part 1 (Into) Hold on to your hats, we are diving right in! Your key financial reports The rest of this...
Borrie Financial Group Limited have compiled this little Tax Tip Sheet around some topical issues to get you started. This is by no means exhaustive, advice is of a generalised nature and not intended to substitute specific advice around your own unique circumstances. Before undertaking a...
An easy to follow 'Guide to your Financial Reports - Part 1 (Introduction)'. Your financial reports tell you the story of your business; allowing you to interpret the results of your business activity. The better you understand your financial reports, the better your decision-making and results...
Here are our 'Five Ways to Improve Cashflow'. We all know Cash is king in any business and optimizing cash flow is a vital part of ensuring your business will always have the cash it needs to fund trading and expansion plans. Poor cashflow is...