The difference between Restructuring and Redundancy

In the current economic climate, your business may be exploring cost-saving options, including reorganising or downsizing your workforce. If you are looking at restructuring and the possibility of redundancies, you need to understand the difference between the two, as they often get mistaken for the same thing. Getting either wrong could […]

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Mandatory contact tracing for NZ businesses

Protect your customers and staff with contact tracing. NZ COVID Tracer QR code posters are free to create and are mandatory from 12pm on Wednesday 19 August, for businesses and service providers under Alert Level 2 and 3. In order to help prevent the spread of Covid 19 in New Zealand, […]

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The Resurgence Wage Subsidy

Covid19 mask.

The Government announced on 17 August 2020 a new round of the wage subsidy, in response to current lockdown restrictions. The Resurgence Wage Subsidy is a 2-week payment. Businesses will need to show a 40% drop during a period of at least 14 days between 12 August and 10 September 2020, […]

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The Fundamentals of a Business Budget

A business budget is one of the essential tools in managing your business finances and actively building your business. A budget shows what you plan to do with your cash over the next year. For a complete picture of your business health, you need to review the profit and loss statement, […]

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Xero Assistance Programme

Xero XAP programme

Hi. We know that business owners are doing it tough at the moment, and so are their families and employees.   You might be worrying about finances, or your business and your staff. Late last year in response to the results of the 2019 Small Business Wellbeing Report, Xero extended the Xero Assistance […]

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Make your business more profitable

Making a profit isn’t something that happens overnight – to create a good return from your business you need a clear focus and a well thought-out strategy for increasing profitability. This means reviewing your business model and looking at every area of the business, to see where you can cut costs, […]

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Become a digital business – futureproof your tech

In the online, connected world that we now live in, it’s important for your business to be digital. Digital technology has revolutionised the options you have available as a small business, with a wealth of cloud-based solutions and apps helping to automate the admin, enhance your productivity, open up your business […]

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Automation can ease your business workload

Small and medium-sized businesses are spending on average 120 hours a year on admin tasks, according to recent research into productivity at UK SMBs. If your people are spending 120 hours wading through tedious and unproductive admin, that’s bad for the business and for your overall efficiency. Fortunately, technology and software […]

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What’s in the forecast?

When we set out on a fishing trip or hike, we always check the weather forecast. It’s no different in business. The forecast tells us if there’s bad weather (poor cash flow) in store based on the direction we’re heading. Your forecast will tell you: Whether you have enough sales in […]

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