Business Loans: Improving the Odds In a guest post, David Paulin shares his tips with us about improving the odds with that business loan application. Have you recently found banks can take a long time to make a decision and then can easily say no without explaining why? To avoid feeling frustrated, annoyed, angry or […]
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What is a Limited Partnership? Just what is a Limited Partnership, and why is it different from a standard Partnership? Limited Partnerships were intended to appeal primarily to foreign investors and venture capital investors in New Zealand start-up enterprises. This is because they offer limited liability to investors and allow any losses to flow through
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New Home Office Expenses Method There is a new option for calculating Home Office expenses for small business owners which might be attractive to some business owners. Existing Method Business owners who use their home for work have long been able to claim a portion of their home expenses. This has been done by dividing
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Getting Money out of your Company Getting money out of your company is not as simple as you might think. We’re often asked how companies can distribute money to their shareholders. Sometimes there is a lot of cash in the company, particularly if you have sold the business. As a shareholder, it’s only natural that
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Cash flow forecast and the Budget. What’s the difference? Every year businesses should produce a budget and a cash flow forecast. They have a lot of things in common. The cash flow forecast tends to follow the budget. Both are essential aids in running a successful business and to our mind are not optional. So
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Accounting Income Method From 1 April, 2018, there is a new way of paying provisional tax called the Accounting Income Method (AIM). Before we look at the new method, it’s worthwhile looking at the existing system. Up until now, there have been two main methods of working out your provisional tax: Standard Method – this simply
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Changes to the Bright-Line Test Changes to the Bright-Line Test have been proposed by the new Labour-led coalition government with discussion set down in Parliament in the next few weeks. What is the Bright-Line Test? The National-led government first brought in the test on 1 October 2015, under pressure to do something about the rising
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2018 Business Plan Get Your Business Off To The Best Start In 2018 It’s time for your 2018 Business Plan. It’s a brand new year and it’s also the perfect time to reflect on where you’re at as a business and where you would like to be by the end of the year. A thoughtful
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3 Top Tips From SPIN Selling by Neil Rackham First published in 1988, Neil Rackham’s SPIN Selling is still a must-read when it comes to mastering the consultative sales process. The approach is all about asking questions to REALLY understand the client’s pain points, instead of just assuming you already know what the client wants.
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A Simple Plan For Business Growth And Development Most companies have no plan for business growth. Did you know that up to 25 percent of New Zealand businesses fail in the first five years? Now that’s an amazing statistic, isn’t it? And one of the main reasons such large numbers of businesses are folding is
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