#forecasting

Why cashflow forecasting is essential

Overall business confidence in New Zealand has shown some tentative signs of improvement in 2025. But the economic reality for many small businesses remains challenging. Managing your financial health with cashflow forecasting Coping with weakened sales revenue and rising costs is a recipe for cashflow issues. With less income flowing into the business and higher […]

How to use forecasts and scenario-planning

For centuries, accounting was all about reviewing historic information – but that only told you about the past, not what was going to happen in the future. If you’re only looking back at past periods and historic numbers, this limits the insights you can achieve for your business. With a backward-looking ideology, it becomes difficult […]

The Fundamentals of a Business Budget

A business budget is one of the essential tools in managing your business finances and actively building your business. A budget shows what you plan to do with your cash over the next year. For a complete picture of your business health, you need to review the profit and loss statement, the balance sheet, the […]

Setting and tracking financial goals for small business success

Setting financial goals for your business may be one of your most important responsibilities as a leader and business owner. Your financial goals serve as far more than wishful projections, they form the backbone of your road map for success, internal and external. Financial goals are something that every single business should possess regardless of […]

Managing Tax Debt

How Cashflow Forecasting Can Help You Stay on Top of Tax Payments Managing your tax obligations effectively is crucial to the financial health of your business. One of the best ways to ensure you stay on track is through cashflow forecasting for tax management. By having a clear understanding of your expected income and expenses, […]

Creating business resilience in changing conditions

Economies are in a perpetual heating and cooling cycle, with all phases providing opportunities to better serve your customers and thrive in your business. There’s no denying the effects of higher interest rates and inflation are changing customers’ buying habits. This, combined with more expensive raw materials, stock and labour, and disruptions to supply chains, […]