Mar 20

Save the date - 7 ways to grow your business seminar

Posted by Kirsten Hawke at Tuesday, March 20, 2018

Join Kirsten & the Business Buddy CA Team on Wednesday May 9th 2018 at this 90-minute event to understand the mindset change required to succeed in a changing business landscape.

The Benefits of Attending:

  • Look at your business like you never have before and be challenged to adapt.
  • Understand the seven ways to grow your business (and how they apply to you.)
  • Learn how to set a road-map and dashboard for your business.
  • Discover how to measure and maximise business efficiency.
  • Learn how the seven ways impact your profit and cashflow.

Time: 4.10pm to 5.40pm
Venue: BUSINESS buddy HQ, 35 Allens Road, East Tamaki, Auckland 
Price: $60.36 per ticket - BUY NOW

Mar 01

What shape are your end-of-year accounts in?

Posted by Kirsten Hawke at Thursday, March 01, 2018

The end of the financial year can be either stressful or a seamless part of what you do. 
Ideally, your end-of-year accounts will confirm what you think your business has been doing for the past 12 months.

Being prepared is the key to avoiding end-of-year financial drama and stress.

  1. First make sure you have all the documents we’ll need, such as PAYE statements, bank statements showing interest earned, dividend statements for shares, and receipts for expenses. Don’t forget receipts for charitable donations.

  2. Look at writing off old debts. Scrap redundant or worthless assets, so you get a deduction on your books.

  3. Print out profit and loss, balance sheet and general ledger listing reports and store them safely.

  4. Have a final look at your payroll reports. You don't have to give summaries to your staff, but if you give them Earning Certificates, they can be used to check IRD information.

  5. Note odometer readings on vehicles and ensure logbooks noting business and personal use, mileage and costs etc. are in order.

  6. Dispose of obsolete stock by the year end or write it down to its net realisable value.

  7. Talk to your accountant about any planned dividend payments, as managing imputation credits will be important.

Our Number Nurses® are on hand to point you in the right direction or to provide end of year relief.