Latest tax & business advice, insights and articles, resources and webinars, curated by our team of experienced chartered accountants and business advisors.

Latest tax & business advice, insights and articles, resources and webinars, curated by our team of experienced chartered accountants and business advisors.

Business

Click on any of the topics here to tap into our resources. If there is anything you would like to discuss, please feel free to contact us.
7 steps to get ahead with your business in 2024
on March 19, 2024 / by Tom Beswick

7 steps to get ahead with your business in 2024

“Getting ahead with your business in 2024 isn’t just about ambition; it’s about mastering the crucial pillars of accounting and finances,” asserts Tom Beswick, Director...
Free chat with coffee
on April 11, 2023 / by Ingham Mora

Free chat with coffee

Still on the fence about choosing us as your accountant? Come meet with us for a free chat and coffee. We can discuss your goals...
Image
on February 1, 2023 / by Alice Scapens

Top Tips if you’re New to Business

Have you started a new business? Do you know your tax requirements? Thought about GST? What about ACC? Here are some key requirements to be...
Know your numbers webinar
on March 18, 2022 / by Tom Beswick

Know Your Numbers Webinar

You don’t have to be an accountant or bookkeeper to understand your numbers, just as you don’t have to be a mechanic to drive a...
Vehicle questions that frequently arise
on February 16, 2021 / by Tom Beswick

Vehicle questions that frequently arise

I tend to spend a good deal of time talking about vehicles. Similar questions come up all the time – I want to get a...
What can go Right when buying a business?
on January 25, 2021 / by Tom Beswick

What can go Right when buying a business?

It's easy to focus on the risks when buying a business. However, I think it is important also to share my thoughts on when we...
The impact of Covid-19 on business acquisition
on November 17, 2020 / by Tom Beswick

The impact of Covid-19 on business acquisition

I commonly get asked “what is this business worth” – and the answer usually starts with “it depends”. Well, it now depends a wee bit...
Key questions to ask on an Information Memorandum
on October 18, 2020 / by Tom Beswick

Key questions to ask on an Information Memorandum

A business’s Information Memorandum is a summary of the business for sale and you use it to figure out if you are really interested in...
What you need to do to get bank funding
on September 16, 2020 / by Tom Beswick

What you need to do to get bank funding

In order to get funding from banks to buy a business, there are three key areas that come into it: the equity you will put...
Common Themes for Success
on August 26, 2020 / by Tom Beswick

Common Themes for Success

What is success and how do you achieve it in business?
The accountant’s role in buying a business
on July 9, 2020 / by Tom Beswick

The accountant’s role in buying a business

We are all aware our economy is being buffeted by Covid 19. But it does not mean that business sales have dried up – far...
Buying Tips For Uncertain Times
on June 15, 2020 / by Tom Beswick

Buying Tips For Uncertain Times

Sometimes the best way to talk about how to do something well is to start with how not to do it. Here are a few...
Good opportunities likely to come up, but tread carefully
on May 19, 2020 / by Tom Beswick

Good opportunities likely to come up, but tread carefully

A lot has changed in a few short weeks. Unfortunately, business and consumer confidence will not go back to pre-COVID-19 levels in a hurry. It...
Buying a business in uncertain times
on May 12, 2020 / by Tom Beswick

Buying a business in uncertain times

‘Buy on the sound of cannons, sell on the sound of trumpets.’ This is a quote that is often used in relation to the stock...
Tell em he's dreaming
on April 17, 2020 / by Tom Beswick

Tell em he’s dreaming

What does buying a business have to do with the timeless line 'tell em he's dreaming' from the 1997 Australian movie, The Castle? A few of...
Business Continuity Planning
on April 16, 2020 / by Ingham Mora

Business Continuity Planning

It is essential that every business has a plan for dealing with the fallout from this pandemic. A plan will give you peace of...
Understanding your strengths and identifying opportunities
on April 7, 2020 / by Ingham Mora

Understanding your strengths and identifying opportunities

The more you understand about your business, your market and your competitors, the better prepared you are for the business journey that lies ahead –...
Top 8 things to outsource in your business
on March 26, 2020 / by Ingham Mora

Top 8 things to outsource in your business

If you’re looking to scale your business, you’ll need to spend more time working on it than in it. Finding ways to leverage your time...
Understanding Your Statement of Cash Flows
on March 19, 2020 / by Ingham Mora

Understanding Your Statement of Cash Flows

The statement of cash flows, (also known as the cash flow statement), shows how your business has generated and used cash (and cash equivalents) within...
How to say no if you're a yes person!
on February 20, 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...
You don't know, what you don't know, you know!
on February 18, 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....
Fancy a piece of the pie?
on February 10, 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...
Marketing is strategy and consistency
on February 4, 2020 / by Ingham Mora

Marketing is strategy and consistency

Marketing is all about making a connection with people looking for solutions. And now that we (mostly) control most of the channels we advertise through...
Minimise the risk
on January 13, 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...
One way to sell your business for more
on December 20, 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...
FAQ when buying a business
on October 29, 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...
Businesses valued on profits to a working owner
on September 17, 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 profitability of...
Has anyone been cooking the books?
on August 28, 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 what adjustments...
Buying a business - three traps to avoid in the first year
on July 18, 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...
Ensure your accountant can weather the storms
on June 18, 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...
The Proactive Accountant - Just a Dream?
on May 27, 2019 / by Tom Beswick

The Proactive Accountant – Just a Dream?

A Proactive Accountant. It’s what every Accountant is told they should be. But what does it mean?
3 Reasons your Business Bank Account is Empty
on March 31, 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.
Getting to grips with government's new R&D tax credit
on November 1, 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.
3 Ways to Sell your Business for More
on October 29, 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...
Payday filing on its way
on September 21, 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.
Marriage vs Getting a Business Partner - is there a difference?
on August 8, 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...
Buying a business – should I buy the shares or the assets?
on July 24, 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...
Maximising Home-Office Write-off
on July 24, 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.
How to avoid buying a leaky business
on June 25, 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 moisture...