Running a business costs money. There are always costs, overheads and supplier bills that mount up – and these expenses will gradually chip away at your cash position, making it more difficult to grow and make a profit. So, what can you do to reduce your…

Logbooks are useful records of business expenses relating to work vehicles and this is important when calculating what tax deductions you can claim. Depending on your business entity type, different tax rules apply when you use motor vehicles to earn income…

Making time to look over your financial reports each month is an important task for any business owner. If you are not taking time to do this, either because you’re too busy, or perhaps you don’t really understand what you’re looking at and it doesn’t make …

Small and medium-sized enterprises (SMEs) make up 97% of all businesses in New Zealand. As the owner of an SME, you’re doing your bit to provide employment, aid the economy and put Aotearoa on the map in an increasingly globalised world. But running your…

You keep your system firewalls current with regular updates and a switched-on IT provider. What about the human factor? Scammers using social engineering can fool business owners and employees into revealing key business data. Just as people become wise …

Organisational structure is not top of mind for most business owners. Small businesses do well with flat structures. The team deals directly with the owner. There’s a friendly, informal, ‘just get on with it’ feel. With growth, change may be needed. Hier…