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Business Buddy U

31-Jul-2019 Jatin Patel

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Healthy homes standards – new laws for landlords and tenants

Owning a rental property in New Zealand is still a fantastic investment option however if you are a landlord or landlady you must know the recent changes in legislation called The healthy homes standards. Here, BUSINESS buddy investigates what these new standards mean for residential property investors and tenants.

30-Jul-2019 Shane Oliver

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The nine most important things I have learned about investing over the past 35 years

My nine most important lessons from investing over the past 35 years are that: there is always a cycle; the crowd gets it wrong at extremes; what you pay for an investment matters a lot; getting markets right is not as easy as you think; investment markets don’t learn; compound interest applied to investments is like magic; it pays to be optimistic; keep it simple; and you need to know yourself to succeed at investing.

30-Jul-2019 Ahmed Safwan

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Answer These 7 Questions Before Starting Your Side Business

Take stock of the assets you have and create a realistic plan to define your purpose, gather resources and develop market insights.

30-Jul-2019 Deep Patel

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8 Funny and relatable experiences that all entrepreneurs go through

The same things happen to everyone in different ways.

22-Jul-2019 Caleena

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Dealing with abusive emails

This article will be focused on how users can deal with cases of abusive emails.

22-Jul-2019 Caleena

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Brand yourself

Instead of waiting for marketing agencies to do the work, it is time for companies to start branding themselves.

21-Jul-2019 Caleena

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What is an audit report and what are the types?

An audit report could be either summarized or lengthy.

21-Jul-2019 Caleena

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The three forms of business activities in accounting

The three major forms of business activities are financing, investing and operating.

17-Jul-2019 Sophie Lamell

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The first accountant to use Xero Tax talks stress-busting and time-saving this EOFY

Over 5,000 firms rely on Xero Tax to lodge their tax returns

17-Jul-2019 Jatin Patel

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Jenny Hong -Senior Accountant

In mid-2019, Jenny Hong joined the BUSINESS buddy team, based at the East Tamaki office.

17-Jul-2019

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Ten signs your business needs a chatbot.

This blog post explores the top 10 signs that your business is ready for a Messenger chatbot.

16-Jul-2019 Marshall L

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Writing better emails

Imagine that any email you send was given to every employee at your company. If this thought makes you nervous, and it isn't due to privacy laws, you may need to reevaluate your message.

16-Jul-2019 Alden Mills

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Leadership techniques that build unstoppable teams

Understanding and articulating your company’s “why” is fundamentally important, but the “how” behind how you and your team execute drives your organisation’s culture and ultimately, it's brand.

14-Jul-2019 Amy Vetter

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How firms of any size can innovate

From small to large, accounting practices of all types can be effectively thinking ahead.

14-Jul-2019 Sue Pak

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Helping small business through the succession planning process

A good succession plan can secure a business owner’s legacy, and their retirement. Why not help your clients come up with one? It could be one of the most important and enduring things you do for them. Here’s how to get the process started.

14-Jul-2019 Jason Blumer

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Accounting strategy emerges out of the wilderness

Jason Blumer realised his creative talent would be curbed if he stuck to the traditional ways of running an accounting business. So when he was let loose to manage his father’s firm, he started experimenting and having fun.

03-Jul-2019 Kirsten Hawke

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How to improve productivity

In late June 2019, the OECD released its global report with praise for New Zealand’s well-being approach to policy, and stated the nation has stable economic growth and healthy government finances.

02-Jul-2019 Caleena

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What you can learn from an unhappy client

When a customer complains about your product, ask yourself first whether they have a point.

02-Jul-2019 Caleena

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How to sound a little more human in a live chat

It is essential to create a great first impression.

02-Jul-2019 Drew Adamek

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4 ways to protect your data from the dark web

It’s not just personal data that are in jeopardy.

24-Jun-2019 Caleena

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Cash flow forecasting for Accountants

Cash Flow is what makes businesses live

23-Jun-2019 Andrew Kenney

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What tax firms need to know now about technology

More than anything, companies must prepare their employees to be deeply knowledgeable but broadly adaptable.

23-Jun-2019 Caleena

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6 conference tips for business-people

This blog article will help suggest a few things that you can do to make conferencing less of a hassle for business owners.

19-Jun-2019 Jatin Patel

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Four tips to successful property investment

Many people ask BUSINESS buddy – “Is it still a good time to invest in real estate? “
The simple answer is it’s never too late to invest in property, providing you seek the correct advice.

18-Jun-2019

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Understanding debits and credits in accounting

Debits and credits are one of those fundamental concepts in accounting..

18-Jun-2019 Caleena

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Benefits of advertising on YouTube

The Internet has made it very easy for a business to make its goods and services reach more and more people all over the world.

18-Jun-2019 Hayley Steer

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A nudge in the right direction: how our brains have evolved, and what we need to do about it

As a member of the learning and development industry, I am bombarded with research, insights, event invites, and models almost daily

16-Jun-2019 Prince Chinwendu

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Challenges and problems of the modern business managers

The resources of every organisation includes among other things, physical, financial, time, information as well as human.

13-Jun-2019 Guest

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How to start a bookkeeping business

If you've ever thought of starting a bookkeeping business, now's the time. There are fewer barriers to entry than ever. Read our seven tips on how to get started.

09-Jun-2019 Priyanka Srivastava

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Why a Web App is important for your business

A web app puts you out to the world, gives you a platform, brings traffic to your site.

05-Jun-2019 Jatin Patel

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Money Power Master Class

BUSINESS buddy knows the power of continual learning and self-improvement, so on hearing about the upcoming Money Power Master Class, being held later this month, we were eager to learn more.

05-Jun-2019 Kirsten Hawke

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Budget 2019 – What it means for your business

On May 30 2019, the New Zealand Government unveiled its Wellbeing Budget, and BUSINESS buddy has taken a look at what wellbeing brings to you and your business.

04-Jun-2019 Guest

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What is depreciation and why should I care?

Depreciation affects your bottom line, your tax bill, and the value of your business. Those are three good reasons to learn what depreciation is and how it works. Here are the basics.

04-Jun-2019 Carola Finch

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Encouraging new ideas and innovation in the workplace

In today’s competitive environment, businesses can survive and thrive when managers or owners implement measures that encourage their employees to share new ideas and innovations to improve the workplace. As a temp administrative assistant, I have observed many innovations that work - and don't work- on the job.

21-May-2019 Caleena

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Why you should advertise on Facebook

Facebook started in 2005 as a small networking site at Harvard University.

21-May-2019 Caleena

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Time management 101

You understand the phrase, “Time is money” better when you are in the labour market.

21-May-2019 Caleena

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How much does your employee really cost?

Do you know that the wages you pay your employee is not all that your employee costs?

19-May-2019 Caleena

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Why planning is important

Planning is simply a process that involves shaping a course of action that is to be done at a later date.

19-May-2019 Caleena

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Want to create an effective budget? Here are 10 tips for you

On the list of crucial things that determine if a small scale business will stay relevant or fold up within a short while, money is right on the top.

19-May-2019 Guest

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9 steps to an awesome invoicing process

You need billing to be fast and accurate.

08-May-2019 Kirsten Hawke

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BUSINESS buddy presents Light for Life

Being in business should include an element of social enterprise, which means the work day involves more than clocking in and out, just to get the job done.

That’s why on Saturday July 27 BUSINESS buddy is joining the Light for Life party.

08-May-2019 Kirsten Hawke

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Kia ora to Linda

Our newest BUSINESS buddy, Linda Nowacki (pronounced as Novaski), has spent more than a decade working in accountancy work and she is now working fulltime at the East Tamaki office.

07-May-2019 Candice Jones

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A new bank feeds process – simpler, faster, and more secure

Bank feeds are a core component of Xero, giving you an up to date view of your cash position so you know how your business is performing.

06-May-2019 Theodora Evans

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The bright future of online banking

Technology has facilitated all aspects of life

05-May-2019 Thomas Smale

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The importance of 'positioning' your brand when you're just starting out

"Positioning" is a term that gets thrown around a lot but can often be confused with other marketing activities.

05-May-2019 Stephen Key

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Before you launch your business, make sure you have a safety net. Here are 13

All entrepreneurs need a parachute.

24-Apr-2019 Kirsten Hawke

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5 tips to improve Google ranking for websites

Gone are the days of getting attention via traditional news stories and static websites that are more likely to gather cobwebs rather than web search results.

24-Apr-2019 Jatin Patel

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Protecting privacy at work

Keeping secrets is a business skill that is to be encouraged when it comes to looking after personal information about clients and staff members.

23-Apr-2019 Guest

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Why real-time business intelligence needs automated bookkeeping

What is really happening in the life of our small business?

14-Apr-2019 Caleena

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Tax Season: 4 ways to make tax season less painful.

Tax Day is just right around the corner

10-Apr-2019 Kirsten Hawke

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BUSINESS buddy Unicorn ride update

Cycling across iconic parts of Aotearoa may seem like a cruisy way to spend 10 days but the reality is – two of our BUSINESS buddies are pedalling themselves to the limit for a good cause.
Jatin Patel and Nirang Shah have already completed the southern part of their Tour of New Zealand and today they are pedalling in the King Country for Unicorn Foundation.

10-Apr-2019 Jatin Patel

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File GST return now

Inland Revenue is about to go offline, and you need to file your GST return now.
The great thing about using Xero is that your admin tasks can be easily managed – even when something needs to be completed in a hurry.

09-Apr-2019 Hayden Field

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These 5 body language secrets could put you on the road to a million dollars

There’s a reason “The Room Where It Happens” is one of Broadway hit Hamilton’s standout songs: the track’s theme -- longing to be included among key decision-makers in the place in which decisions are made -- is timeless.

09-Apr-2019 Caleena

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Why is SEO crucial to surviving online?

The concept of search engine optimisation (SEO) is literally everywhere. It is so important now, and every webmaster needs its knowledge, so content marketing is as effective as it is supposed to be.

09-Apr-2019 Frank Landman

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Is a tech-based social credit score a good idea?

China is currently developing a kind of social credit system, not dissimilar to a financial credit system, designed to reward people for doing good deeds and demonstrating honesty and integrity while punishing people for committing untrustworthy acts.

08-Apr-2019 Jared McClure

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How to use strategic partnerships for more explosive growth

If it’s going to survive, a startup needs to grow.

07-Apr-2019 Patrick Frigo

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The Accounting Business Expo 2019: Your roadmap for moving down the advisory path

As part of the Beautiful Business Talks hosted by Xero at this year’s Accounting Business Expo, I was given the opportunity to present on how accountants and bookkeepers can provide advisory services to their clients.

07-Apr-2019 Osita Rich

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Read this to help you become a better business leader

TIP: All leaders that are good need to focus on days to come. You have to know what's next and how to prepare for it.

Make it a point to look for hidden talent in your teammates. It should be easy to determine who benefits you the most, when you are looking for helpers.

27-Mar-2019 Kirsten Hawke

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How to painlessly change software - almost

Once a business is loyal to a software program it can be daunting to change to a new system, even if it has functions that are significantly better than the old favourite.
However, with good planning the short-term pain of transition should be minimised, and you may even save money.

27-Mar-2019 Kirsten Hawke

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Pedal power for Unicorn Foundation

Almost every day a Kiwi is diagnosed with neuroendocrine cancer but very few of us know anything about it.
Our newest BUSINESS buddy, Jatin Patel is putting his pedal power into action to improve the diagnosis and management of this cancer in New Zealand.

26-Mar-2019 Caleena

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What is all the hype about SSL certificates?

Ever heard about SSL Certificates?

You probably have.

26-Mar-2019 Guest

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What is accounts receivable and where can it go wrong?

Accounts receivable is the money you’re owed by customers. Once you send an invoice (or bill), it becomes part of your accounts receivable – until it’s paid.

19-Mar-2019 Caleena

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Tips and Tricks on How to Gain Customer Satisfaction


When it comes to businesses and the publicity they involve, losing one customer can cause a chain reaction that makes you lose several other customers; existing and potential.

17-Mar-2019 Caleena

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Benefits of Advertising on Instagram

Benefits have evolved. Once upon a time, “word-of-mouth” adverts was what worked, later on, if you couldn’t get your business to be on the television or radio, you were not dreaming big enough.

14-Mar-2019 Kirsten Hawke

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Contractor or employee?

Last year, New Zealand Post hit the headlines when some courier drivers argued they were employees, rather than contractors and this week Visionstream finds itself in the same pickle.

14-Mar-2019 Kirsten Hawke

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ACC levy refunds are a thing

You may have recently received a letter from ACC advising you that your business has been issued a credit.
The letters are legitimate and are the result of business customers being incorrectly charged levies between 2002 and 2017.

13-Mar-2019 Caleena

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The benefits of cloud computing

The cloud – what is it and why is it important? Like the name suggests, the idea of the cloud feels lofty and hard to grasp. Simply put, cloud computing is the practice of using a network hosted on the Internet, or “the cloud,” to store, manage, and process data. This means you won’t have to maintain or own any hosting equipment.

13-Mar-2019

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Make a mobile office work for your business

Offices used to be essential for most businesses. But mobile technology and new working practices mean that many small businesses don't need any office space. Here's what you need to know about having a mobile office.

11-Mar-2019 Loryn Cole

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The Irreplaceable Power of Paper

For hundreds of years, paper was the gold standard of written communication.
Anything you needed to record or remember, from love letters to receipts, was printed on paper.

11-Mar-2019 Guest

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Cash versus accrual accounting explained

The difference between cash basis and accrual basis accounting comes down to timing. When do you record revenue or expenses?

11-Mar-2019 Amy Jones

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8 Major Legal Risks Faced By Startups

One of the biggest mistakes made by new business owners is not to engage startup legal services to handle possible issues for their new venture.

11-Mar-2019 Jerod Morris

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7 steps to becoming a better thinker

When was the last time you stopped to think?
I mean really stopped.

To think.

11-Mar-2019 Rashan Dixon

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5 Qualities of Successful Entrepreneurs

So you didn’t follow the Elon Musk path of creating a computer game at age 12 or cold-calling a corporate banking maven to snag a paying internship? You can still become a compelling, talked-about entrepreneur if you follow a few best practices.

28-Feb-2019 Kirsten Hawke

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BUSINESS buddy action in Franklin

It’s almost a year since chartered accountant, Jonathan Sturm became a BUSINESS buddy franchisee, looking after growing businesses in and around Pukekohe, Waiuku, Karaka and Drury.

28-Feb-2019 Kirsten Hawke

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Tax working group review and your business

There is plenty of coverage about the impact of the recommended capital gains tax on investments but few commentators have discussed the impact of the entire tax review on businesses.

27-Feb-2019 Paul MacPherson

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Security is everyone's responsibility

For most of us the internet is an intrinsic part of our lives. We rely on it to get us where we are going, connect us to friends and family and answer all of our questions, no matter how banal. It has also quickly become an integral part of most businesses, enabling them to complete business transactions in mere minutes as well as connect to their customers and a global network.

27-Feb-2019

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Five important business negotiation strategies

Business negotiation is a world of contradictions. You’ve got to be firm but flexible open and sharing, but a little cagey. There’s a lot to get your head around. But your state of mind might be the most important thing. Aim for a mutually beneficial outcome, and you’ll find the whole exercise more comfortable. Follow these five tips to prepare for your next negotiation.

17-Feb-2019 Caleena

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The Basic Requirements & Challenges for a Small Business

Starting up a small business is no easy feat. It requires a great deal of vision and effort. Every small business is unique, and so, it comes with its peculiar rise and falls.

15-Feb-2019 Kirsten Hawke

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Don’t be baffled by payday filing

Payday filing starts on 1 April 2019 – ready or not.
Come along to our free seminar to learn more and learn how to get your admin ducks in a row.

14-Feb-2019 Caleena

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The benefits of advertising on Twitter

Up until recently, Twitter advertising has been a redundant marketing channel in place of the giants like Facebook, Instagram, and Pinterest.

14-Feb-2019 Caleena

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Leadership qualities and how you can improve them

There’s always “that” leader everyone looks up to; people want to talk like them, act like them, sound like them, and above all, have the privileges they have. However, it is important to realise that with great opportunity comes great responsibility. Every leader has qualities in them that make them stand out from followers. Yet, many followers have the abilities to become a leader.

14-Feb-2019 Caleena

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Brand Loyalty: How you can keep customers coming back

A business does not exist in the absence of customers. Implying that every company needs to have customers flocking around; new or existing. This is the exact reason why several brands keep thinking of new ways to expand their customer base.

14-Feb-2019 Kirsten Hawke

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Stop singing paperwork blues

If you are in business on your own, there is no way you’ll want to be spending your nights and weekends doing the bookwork.

13-Feb-2019 Kirsten Hawke

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Office space with the coolest crowd

We have more room than we need for BUSINESS buddy and you could find your perfect work-home with us.

12-Feb-2019 Caleena

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Facebook Chatbot Marketing - Yay or Nay?

Times have changed. While more users always have their heads bent, busy with their phones; it does not imply that users are busy checking their news feed on Facebook. Instant messaging is the order of the day. Almost every social media app has a corresponding messenger application/option. So does Facebook.

10-Feb-2019 Nellie Akalp

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Five Marketing Ideas to Grow Your Business When Stuck in a Seasonal Rut

Does your business surge at specific times of the year, and lag in others? That’s typical for most professionals—there are certain times of the year when business is booming and other times when it is lacking. While it may be nice to have a break to catch up on those must-do administrative tasks, wouldn’t it be better to have steady business all year long? Of course, it would! So let’s take a look at some marketing ideas to grow your business and keep your clients engaged even during the off-season.

07-Feb-2019 Guest

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Profitability and cash flow trends for tradies

Cash flow is a critical component of small business success. This is especially true if you run a trade business. Your ability to purchase tools and supplies, pay staff, and keep your vehicles running relies on having cash in the bank.

07-Feb-2019 Claire Emerson

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5 Key moves to help you become gainfully self-employed

I was tired of spending my days staring miserably at mind-numbing spreadsheets and desperately wishing for our systems to crash so I could go home early.

06-Feb-2019 Mark Schaefer

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You Don’t Have Weaknesses, Just Overdone Strengths

The theory of overdone strengths

06-Feb-2019 Paul Jarvis

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What Elephants, Rats, and Apex Predators Can Teach Us about Creating Durable Businesses

There is a tendency in nature for apex species to get larger and larger. But there is a counterbalance where nature has a tendency of making larger species extinct quickly. This is also true in business: the bigger the business, the more fragile it becomes.

30-Jan-2019 Kirsten Hawke

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Keeping business hot or not

As Kiwi summer days send the mercury soaring, it’s a cool time to consider what you are doing to keep your sales hot as.
Wouldn’t you love to be selling ice cream at the beach on a sunny day?
Perhaps you’d rather be watching the kilowatts tick over in your state-of-the-art power station as the load goes on with the nation’s fans and air conditioners doing overtime.

29-Jan-2019 Xero

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Introducing bills to mobile

One of the great things about you as Xero users is how openly you reach out with feedback and requests for new features. We take the time to read and understand all feedback we receive. What really stood out to us this time (with around 200 requests coming through last year) was the overwhelming need for bills support in the Xero mobile app.

23-Jan-2019 Caleena

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Video Ads On Facebook, Do They Work?

Video Ads are more than mere trends on Facebook and far more than a feature that is sure to come and go. If you’ve been active on Facebook, the tendency is to have seen video ads on the site for different brands/companies.

23-Jan-2019 Tiffany Delmore

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3 Ecommerce Trends You Must Prepare for in 2019

The ecommerce explosion continues, but there's also an element of evolution. To take your ecommerce presence to the next level, take advantage of these emerging trends.

20-Jan-2019 Caleena

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Tips on How to Run a Successful Business In 2019

2019 is here! It’s a new year; not just for individuals, but for businesses and corporations alike. This is what makes the beginning of the year a great time to work something new in your business; a time to set goals.

20-Jan-2019 Caleena

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Your Website Needs a Spring Clean Too

Not everyone loves spring; however, the idea of a spring clean is well-embraced. It allows a house look new and clean. It also prevents the individual and entire family from suffering several diseases that come with having a dirty home.

If your home (which is only accessible to the few people you know) gets a spring clean so easily, your website (which is accessible to thousands of people) deserves a spring clean too

16-Jan-2019 Abdullahi Muhammed

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10 Remote Work Trends That Will Dominate 2019

Remote work is no longer a privilege. It’s become the standard operating mode for at least 50% of the U.S. population. Virtual retreats are no longer attributed solely to progressive startups. Traditional employers are finally on-board and ready to propose a flexible work arrangement higher up the pipeline.

16-Jan-2019 Kirsten Hawke

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Hot tips to nail your goals

During a break it is often a time when we do some naval gazing and wonder where to next with our business and life. Then it’s back to work and before you know it, people are counting down to Christmas and you are doing the same old, same old.
If you are serious about making business changes – you need to set some business goals.

16-Jan-2019 Kirsten Hawke

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When you need money to expand

When you roll up to a commercial banker looking for some extra dollars to finance your latest business idea there are some must haves that need to be included in your application.