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.
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.
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.
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.
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.
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.
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.
Ever heard about SSL Certificates?
You probably have.
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.
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.
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.
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.
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.
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.
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.
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.
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.
We have more room than we need for BUSINESS buddy and you could find your perfect work-home with us.
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.
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.
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.
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.
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.
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.
Effective job scheduling is one of the most important but least understood disciplines of business management.
UX (User Experience) is at the heart of every good design. It’s the difference between your customers groaning in wretched frustration, or grinning with enjoyment; with them shaking a defeated fist at your site and hastily clicking away from it, or completing a satisfying purchase and wanting to return for more.
In the same way technology has swept through many business and industrial sectors – new technology is revolutionising the way New Zealand’s early childhood education centres operate.
In this era where a lot of activities are digital, no individual or organization wants their information lost. People also want to have access to their information; especially at the point of their needs. Therefore, one thing of increasing importance is the issue of accessible data storage.
Contrary to what you've always been told, thinking negatively can very much be a good thing.
Merry Christmas from BUSINESS buddy.
Those who know us well won’t need any convincing that we enjoy Christmas and a few bubbles as much as the next business advisor.
And, we love staying in touch to celebrate the end of a successful year, but this year we felt we could do something more meaningful for our clients, rather than a traditional Christmas card.
Investing in residential property has been a popular option ever since Bob Jones on Property, hit the booksellers’ shelves back in 1977.
However, some 40 years later New Zealand is in the middle of an affordable housing crisis and the policy makers are introducing changes that impact on residential rental investment rules.
We all leave things until the last minute, but it would be a good idea to put systems in order now, to reduce your stress and avoid surprise phone calls from Inland Revenue.
Business owners do what they do because they love the challenge, the freedom and they have a vision.
Then along comes a couple of international legends, Paul Dunn and Masami Sato who throw another element into the mix.
Email is a notoriously fickle channel. Something as simple as tweaking the subject line can be the difference between an 8 per cent or an 80 per cent open rate.
Some benefits of social media and content marketing are normally inaccessible for small businesses and startups because:
The New Zealand construction industry is going gangbusters. With a growing population, Kiwibuild and mega infrastructure projects coming out of our ears, you would think construction companies would be making record profits.
BUSINESS buddy knows you won’t believe this, but our next gig is going to be bigger, better and even more inspiring.
A few weeks ago, the new shiny iPhone XS entered the market. For all the Apple lovers out there, this might mean being the first to wrap your hands around the irresistibly smooth all-glass design, or finally upgrading your old glitchy iPhone 6 to the new model.
If this is you, I’m guessing you’re focused on the opportunity to start afresh, buy a new case, clear all those apps cluttering your current device, and start playing with its new features. Right?
Owning a small business is exciting. You get to do what you love, day in, day out. But traditionally, small business accounting isn’t exciting. So how can we change this stereotype and make accounting fun and easy?
Innovation just doesn’t happen when you’re busy being busy.
There’s a lot to be gained by going for a walk around the block, picking up a fishing rod or doing absolutely nothing to gain inspiration for your business.
There’s literally hundreds of blog posts giving you the 7-10 steps to reduce debtors and improve cashflow. Yet the debtors problem still exists to some extent in the majority of small and medium size enterprises (SMEs) globally.
Too often businesses leave collecting debts at the bottom of the pile. Why? Often there is anxiety and worry around the process, or lack of trust in collection agencies. Sometimes lack of time and understanding of the process.
Anticipating future demand is a tough job, wrought with ways you might go wrong. Proper demand forecasting and inventory control can save a company from buying too much or too little of something, which of course avoids expensive overstock scenarios or stockouts.
Be prepared and develop tidy payday habits, now.
The IRD is contacting all employers to ensure they are up-to-speed on the changes that require PAYE returns to be filed every payday, instead of completing the Employer monthly schedule (IR348).
During the Christmas holiday season, businesses of many types employ seasonal or casual workers to meet extra demands. Often these workers are hard-working young people who have travelled from overseas, bringing with them their own language and culture. This international melting-pot makes for a fun and productive work environment, although it can also present challenges.
Just like our clothes, when money is laundered, it starts out dirty and comes out clean.
For more than a month BUSINESS buddy has paced the pavement in its pursuit of healthiness with the Virgin Pulse Global Challenge.
Do you feel like it might be time for a change in your office environment? Perhaps the productivity isn’t as good as it use to be or there are a handful of employees who just don’t seem to be performing at their best. Conducting a performance review can greatly help you manage your employees and make sure that your workplace stays strong, efficient, and goal driven.
Business plans help define goals and help you achieve them. If you take time to set concrete and achievable goals, you can then chart a plan to reach these goals successfully. Having tangible goals can make a business thrive.
Oh, how time flies.
It is now six months since BUSINESS buddy wrote the "Have your say on taxes" blog.
Age is but a number, right? Well, when it comes to landing that next job, maybe not.
Sadly, more and more of people over the age of 50 feel like they have landed on the workforce scrap heap.
Being an effective manager is demanding and complex. Aside from thoroughly knowing and understanding your business, you need to understand people and their motivations, be a motivator yourself, and manage emotional and business-related issues at once.
Aside from efficient inventory management, teamwork is an incredibly important component of the ‘successful business’ recipe and if left out, the result can be a real flop.
Workplace training is an important part of company work life which, as expensive as it may be, is a necessary means to a skilled workforce.
Use our tips to help you create engaging content.
BUSINESS buddy knows that for a team to be successful, each member of the team needs to grow.
And, a healthy body and healthy mind create super-sharp business advisors.
BUSINESS buddy knows engaging face to face is a great way to raise your business profile.
Bearing that in mind, we have booked our spot at The Marketplace Expo, 3.30pm to 7.30pm on Wednesday September 26, 2018 at Ellerslie Event Centre.
Almost every small business struggles through ups and downs on their journey to funding business growth.
“Success.” Typically defined as: ‘the accomplishment of an aim or purpose.’ Success means a lot of different things to different people. Success may mean wealth, or it may mean happiness.
No one ever thinks they are going to win a competition so when BUSINESS buddy sent some great news to a tradie in Northland – it put a big smile on his face.
BUSINESS buddy loves supporting other Kiwi businesses that provide awesome services.
Question: are you planning to bring anything new to the in-store experience? If your answer is “no,” then brace yourself. The coming years could be rough for your retail business.
With more than 800 million active monthly users, Instagram is a social media channel of massive proportions. And, when used strategically, it can reap major benefits for your retail store.
Michelle and Murray from Bellroy Construction are having a cracker of a year and their hard work with support from BUSINESS buddy has made life better for their business, their confidence, and their nearest and dearest.
Social enterprise is done just because it’s right and BUSINESS buddy’s community-mindedness has created lots of warm fuzzies and motivation for the team.
Imagine giving people in a developing country 18250 days access to clean water just from your business being a success.
BUSINESS buddy team has discovered a new techy tool that will show you how to make your website grab potential clients by the eyeballs.
Strategic planning is the blueprint for your business. It’s an aspirational and practical plan for your future that can give you an exact outline of where your business is, and where it should be.
As traditional retail channels dwindle in popularity, more businesses are turning to multi-channel retailing to provide an extra income stream and keep business ticking over.
As a business owner it may feel like all work and no play, at times.
The legendary comedian Lesley Nielsen once said, “Doing nothing is very hard to do, you never know when you’re finished.”
If you dream of getting away from it all but worry about how your business will cope in your absence, you’re not alone.
The UK retail landscape is changing rapidly. Consumer spending is decreasing, competition is increasing between businesses, and people are turning to e-commerce at an unprecedented rate.
Outsourcing ‘business as usual’ tasks can bring focus and efficiencies your business needs in order to succeed in today’s fast paced environment. A new level of agility and access to quality analytics and expertise can be brought into your business. To get ahead of the competition, consider outsourcing.
Heads up, the all new Xero Expenses launches soon.
Xero Expenses makes it easier to claim expenses and gives you valuable insights into spending patterns for your company.
From Tuesday July 10, 2018, Xero Expenses will be automatically included in Xero for anyone on the New Zealand standard or premium plans.
No it wasn’t an Aprils Fool’s Day prank when the minimum wage in New Zealand increased from $15.75 to $16.50 per hour on April 1, 2018.
No one is in any doubt that serious changes are needed to get Auckland’s chocka-block transport system flowing.
Over 2,000 years ago, Aristotle said “ First, have a definite, clear and practical ideal; a goal, an objective. Second, have the necessary means to achieve your ends: wisdom, money, materials and methods. Third, adjust all your means to that end.”
The manufacturing industry is changing and new trends are shifting the way manufacturing companies operate their facilities. In addition, manufacturing companies are looking to become more sustainable in their operations.
If you love your job but hate the admin, this one’s for you. No matter how big or small your business is, BUSINESS buddy wants you to be kept in the loop about any new technology that may enhance performance and make your life easier.
In an ideal world, your business would never have excess or obsolete inventory. However, this can and often does happen when demand for certain products decreases and supply remains steady or increases.
13 may be unlucky for some but if you follow these 13 top tips on how to use Xero and make the most out of your account you won’t need luck.
There are many factors that can contribute to business success or otherwise. When first starting out, business owners can be focused solely on serving customers that they forget to check out the competition.
Although it’s only the first week in June, the recent polar blast was a stark reminder of how spine tingling chilly things can get in Auckland.
When it was announced in 2018 budget that a research and development (R and D) tax incentive, in the form of a tax credit, will replace the current grant system, BUSINESS buddy decided to take a closer look.
Shifting data, systems and the inner workings of a business onto the cloud can be a big move. However, it’s hard to stay away from the cloud these days; the applications of cloud-based software are seemingly endless.
Scammers use clever tricks to reel you in and get you to reply to their email or not hang up the phone. Most scams seem like genuine offers but they are carefully designed to trick you into giving away your money or your personal details.
When thinking about threats to your retail store, shoplifting is probably number one, right? The idea of someone swiping hundreds of dollars of products into a giant bag and walking out with them is horrifying, isn’t it? (post by Cara Wood)
This business workshop is too good to miss. We know you will get that mid-year recharge to take your business into a stellar second half.
Secure your hot seat for 7 ways to grow business at 4.10pm on Wednesday June 13, 2018.
Calling all tradies. Are you tools looking tired? Has your chisel lost its shizzle? Does your level still measure up? Or does your wrench need to get a grip?
Complete our online survey and you can enter the draw to win a $250 Bunnings voucher.
We are super excited to welcome our new BUSINESS buddy, who is operating a new business advisory service in the Franklin region.
Last month, all eyes were on the Gold Coast and the 21st Commonwealth Games.
The jaw dropping performances by the Black Ferns sevens, Sophie Pascoe, Tom Walsh and the women’s Black Sticks left us all in awe.
But like in business, exceeding expectations can never be taken for granted.
Here at BUSINESS buddy we recognise the importance of a great coaching and a strong team.
Whether it is a national sports team or a small business, the principals of success are the same.
If you are a startup owner or entrepreneur, it is no secret that you may be working within a tight budget. The ability to make pennies stretch is an important survival skill.
No matter how inventive or simple your business model is, you can still have problems with cash flow. Here is a rundown of the best and worst businesses for cash flow.
While millennials are still a significant consumer segment for retailers, there is another shopper group that’s continuing to gain spending power.
We have scoured the marketplace to bring you the five best Xero apps of 2018. From reporting software to time management applications, we’ve covered a wide variety of apps designed to make your life easier.
Debtor days measures how quickly cash is being collected from debtors. The longer it takes for a business to collect, the greater the number of debtor days.
There are many lessons to be learned through failure. Each time something does not work in a business, there are endless reasons and factors that could culminate to cause the failure.
BUSINESS buddy CEO, Kirsten Hawke says continued growth and development in Auckland presents business owners with opportunities as well as challenges.
Finding the right staff, coping with new competition and even inefficiencies caused by traffic woes, all impact on local businesses.
It’s May! How’s your year going? Have you had a blockbuster first quarter or has your business slipped back into the same old, same old.
When it comes to creating a vibrant company, values are absolutely foundational – in fact, they’re one of the most visible aspects of any company culture.