by Tracy | Oct 11, 2024 | Business, News
Seasonal dips in income can be highly challenging when you’re a small business. But there are proactive ways to predict, plan for and overcome these dips in revenue. The key to dealing with seasonal dips is to know when they’re most likely to occur, and to have...
by Tracy | Oct 11, 2024 | Business, News
Is your business model as solid and future-proof as you think it is? Small businesses face a number of challenges in 2024, with the business environment, globalisation, technological change, and difficult economic conditions all playing a part. However, with...
by Tracy | Oct 4, 2024 | Personal Finance, Tax
Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and setting the...
by Tracy | Oct 4, 2024 | Business
In today’s fast-paced business environment, the average business owner often finds themselves needing an additional four hours in their working day just to complete their admin tasks, as highlighted by recent research from OnePoll. If your team is spending 20...
by Tracy | Sep 20, 2024 | Business
Running a successful business isn’t just about generating revenue. It’s also about understanding your revenue drivers and how to optimise them for growth. At Coastal Accounting, we specialise in helping businesses like yours unlock their financial potential. Through...
by Tracy | Sep 20, 2024 | Business, Personal Finance
A recent survey showed that 93% of respondents believed changes made by the Government had increased their cost of doing business. And rising costs and expenses can have a significant impact on your cashflow and bottom line. So, what can you do to minimise the impact...
by Tracy | Sep 12, 2024 | Business
Projecting your cashflow pipeline forwards is vital To navigate the future path of your cashflow, you need to start forecasting. This allows you to map out your financial position over the coming months and take appropriate action to safeguard your cash position....
by Tracy | Sep 5, 2024 | Business
Once a business sells (or stops trading) or a company sells its property (real estate), we recommend completing our company wind up process. This is important because otherwise IRD will continue to expect a tax return for each financial year (even if the company does...
by Tracy | Sep 2, 2024 | Business
It’s common to think of ourselves and our company as one entity. However, the company is a separate legal entity with its own limited liability. Shareholders often provide capital to the company for purchasing assets or funding working capital, and they may also...
by Tracy | Aug 22, 2024 | Business
Once you’ve sold your business and have received the funds from the sale, you’re then faced with a big question: what happens next? After guiding the helm of your company, it will be tough to let go. But if the circumstances are right, there’s no reason...
