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Business

on 25 June 2018 / by Tom Beswick

How to avoid buying a leaky business

Due diligence. DD. You've probably seen those words somewhere on an accountants' website. DD is to buying a business what inspecting the roof and mois...

Business

on 24 July 2018 / by Tom Beswick

Buying a business – should I buy the shares or the assets?

Part of purchasing a business means thinking about what you are going to end up with after you settle. Are you going to buy the shares of the company ...

Business

on 31-Mar-2019 / by Tom Beswick

3 Reasons your Business Bank Account is Empty

Part of my job involves sitting down with business owners to discuss how their business is performing....

Business

on 16-Nov-2018 / by Tom Beswick

Is it time to get rid of your Trust?

Do I even need my Trust anymore? This is a question that comes up regularly with my clients. Sometimes the answer is - no you don't....

Business

on 01-Nov-2018 / by Grant Neagle

Getting to grips with government's new R&D tax credit

The Labour-led government has resurrected its old R&D tax credit and given it a new set of clothes....

Business

on 29-Oct-2018 / by Tom Beswick

3 Ways to Sell your Business for More

One thing I see from time to time when a client decides to sell their business is a surprised look when I tell them that sadly no, you won’t be sellin...

Business

on 21-Sep-2018 / by Grant Neagle

Payday filing on its way

From 1 April 2019 employers will be required to file their employees’ payroll information with Inland Revenue in respect of every payday....

Business

on 08-Aug-2018 / by Tom Beswick

Marriage vs Getting a Business Partner - is there a difference?

Going into business with someone is just like a marriage. It’s helpful to agree on stuff up front. Finding out 6 weeks in that your wife doesn’t want ...

Business

on 24-Jul-2018 / by Grant Neagle

Maximising Home-Office Write-off

A new method is available to calculate how much of your home office costs you can write off for tax purposes....

Business

on 18 June 2019 / by Tom Beswick

Ensure your accountant can weather the storms

Buying a business can be a stressful and risky time. It is important to get great advice. I believe that when it comes to your accountant , it’s wise ...

Business

on 18 July 2019 / by Tom Beswick

Buying a business - three traps to avoid in the first year

The first year of buying a business can be tough. There’s a lot going on and a lot of things to learn. A business buyer will sometimes bring a lot of ...

Business

on 28 August 2019 / by Tom Beswick

Has anyone been cooking the books?

Part of buying a business involves dissecting what the financial figures the business broker provides are telling you. It is important to understand w...

Business

on 17 September 2019 / by Tom Beswick

Businesses valued on profits to a working owner

Part of the business buying process involves understanding what the financials shown in the Information Memorandum (“IM”) are telling you about the pr...

Business

on 29 October 2019 / by Tom Beswick

FAQ when buying a business

4 questions people commonly ask me when they buy a business. What is the business worth? What should I buy - the company or the assets? Why does it ...

Business

on 20 December 2019 / by Tom Beswick

One way to sell your business for more

Quite often when a vendor goes to sell a business they have had enough and want it sold in short order. The vendor assistance period (if any) is often...

Business

on 13 January 2020 / by Tom Beswick

Minimise the risk

For many people buying a business is likely to be the riskiest thing they do in their life. There can be great rewards (not all just financial), but a...

Business

on 10 February 2020 / by Tom Beswick

Fancy a piece of the pie?

Want a piece of the pie? I am seeing more businesses that are considering offering key employees a slice of the business. From the perspective of the...

Business

on 18 February 2020 / by Ingham Mora

You don't know, what you don't know, you know!

The Knowledge Pie depicts the proportion of what we know, what we know we don’t know, and what we don’t even know we don’t know. What will you do this...

Business

on 20 February 2020 / by Ingham Mora

How to say no if you're a yes person!

According to Paul Graham, “We’ll increasingly be defined by what we say no to”. Being clear on your #Vision, #Goals and priorities makes it much easie...

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