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...
by Tracy | Aug 8, 2024 | Business
Have you ever been in a meeting with your accountant, hearing how much profit you’ve made and being congratulated on a lift in performance, but in the back of your mind you’re wondering where the cash is and how you’re going to make payroll tomorrow? Don’t worry,...
by Tracy | Jul 29, 2024 | Business, Xero
For centuries, accounting was all about reviewing historic information – but that only told you about the past, not what was going to happen in the future. If you’re only looking back at past periods and historic numbers, this limits the insights you can achieve for...
by Tracy | Jul 25, 2024 | Business, Xero
Making time to look over your financial reports each month is an important task for any business owner. If you are not taking time to do this, either because you’re too busy, or perhaps you don’t really understand what you’re looking at and it doesn’t make sense to...
