Blog - Business

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Open for Business

Business

on 1 February 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 aware of i...
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Business

on 18 March 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 car. Having an overal...
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Business

on 16 February 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 new business vehicle, what is the...
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Bank funding

Business

on 16 September 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 in and the deal structure y...
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Business

on 15 June 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 thoughts on the common mistakes I see ...
Good opportunities likely to come up but tread carefully
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Business

on Tuesday 12 May / 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 market. It means that savvy ...
Tell em hes dreaming

Business

on Friday 17 April / 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?...
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Business

on Thursday 16 April / 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 mind and clarity for d...
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Business

on Thursday 19 March 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) withi...
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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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Fancy a piece of the pie

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...
Minimise the risk

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 for sale

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...
FAQ

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 ...
Businesses valued on profits to a working owner
Has anyone been cooking the books

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...
Buying a business three traps to avoid in the first year
Ensure your accountant can weather the storms
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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....
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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...
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Buying a business should I buy the shares or the assets
Leaky Business

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...
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