How Can an Accountant Support Your Financial Performance? Most business owners know they need an accountant to prepare financial statements, file tax returns and keep them compliant. But a good accountant can do much more than report on what has already happened. The role of an accountant has changed significantly over the last few years. […]
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With many businesses expecting lower profits this financial year, it’s more important than ever to keep a close eye on your numbers. The reality is that many Kiwi business owners are facing rising costs, tighter cashflow, and customers who are taking longer to pay their invoices. While you can’t control every challenge that comes your […]
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Is your cashflow position keeping you awake at night? You’re not alone — cashflow is one of the biggest pressure points for small business owners. The good news is that small, consistent actions can make a big difference. These practical cashflow management tips will help you improve your cash position, stay in control, and gain […]
If you’re struggling with late payments, and around half small businesses are, here are some simple strategies to use. Invoice without delay Your customer can’t pay until you’ve invoiced them, so make sure you send your bill promptly. Customers are also more open to paying when they’ve just received the goods or services that you […]
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 […]
If you’re running a small business in New Zealand, chances are you’ve felt the sting of late payments. You’re not alone — a recent survey from payment provider GoCardless found that 62% of Kiwi businesses believe they’re losing money to late payments, with some estimating losses of over $10,000 a month. Late payments aren’t just […]
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