Finance & funding

How to accept payments online – and why it’s smart

One of the best things about online shopping is instant, hassle-free payment. Enter your details, click, and you’re done. Your customers expect the same simplicity when paying your invoices. When you give clients the option to pay instantly online, you remove friction from the process. The result? Faster payments, fewer overdue invoices, and healthier cashflow. […]

Service-based, wholesale, or manufacturing businesses can face declines in orders just when holiday pay, bonuses, and annual shutdowns see expenses rise. Worried about the summer squeeze? Try these. 1. Forecast to February Projecting your income and expenses well into the new year helps you spot potential shortfalls and take action before they become problems. 2. […]

Slow Payers Cost You Real Money

You already know you need to get your debtors to pay. But do you really understand the true impact of slow payers on your cashflow, your time, and your stress levels? When you don’t have a realistic picture of the cost of late payment, it’s easy for ineffective debtor-management practices to creep in. Before you […]

Should you buy or lease your business assets?

There are certain items of equipment, machinery and hardware that are essential to the operation of your business – whether it’s the delivery van you use to run your home-delivery food service, or the high-end digital printer to run your print business. When faced with these decisions, the question of buy vs lease business assets […]

Interest Rates come down: how could this affect your finances?

The Reserve Bank of New Zealand recently announced a drop in the official cash rate (OCR) , with a drop from 4.25% to 3.75%. The final impact of this drop can be both positive and negative for your small business, so it’s worth understanding the effect interest rate changes can have. Let’s take a look […]