New trust rules

Watch out for new trust rules that have the potential to put your assets at risk There have been a lot of rule changes for trusts over the past few years – and now Inland Revenue has introduced another tweak, one you need to know about if you use trusts to protect your assets. Who’s …

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five forces industry

What are the forces driving your industry?

When you’re in business you tend to know the main forces that either compete with you or work with you. For example, your main competitors, your suppliers, your buyers. There are so many factors that can impact profitability of a business.  According to the Porter’s Five Forces framework, there are  5 forces that can help …

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small business cashflow loan

Repayment information for the Small Business Cashflow Loan

For those that applied for the Small Business Cashflow Loan (SBCS) in 2020, the 2-year interest-free period will be coming to an end during 2022. All businesses that received the first loan will start receiving letters advising that the interest will soon be charged to the loan and repayments should commence. If repayment is received …

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cost control

Cost Control for Businesses

It’s a given that you’ll want to maximise your business income. Sometimes, however, when factors outside your control are limiting your income, rethinking your costs might be where you can shift your outcomes in your favour. Whether the market’s in an upward or downward cycle, good systems for tracking and controlling costs will help your …

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small business owners

How to Strengthen your Business

How to strengthen your business in times of increasing costs From the 1st April 2022 the minimum wage will increase to $21.20 an hour.  Small business owners who employ staff on minimum wage will have to increase wages accordingly.  Small business owners are already feeling the strain of recent global and local events and this …

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