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Accounting

10 Point plan for the GST rate change

If you're wondering how you are going to manage the transition from a GST rate of 12.5% to 15% on 1 October, Sue Hirst has some simple pointers to help you get it right.
August 26th, 2010 by Sue Hirst
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Make money in the Profit & Loss without losing it in the Balance Sheet

If it seems too hard to really get to grips with your balance sheet and what it all means for your business, then this excellent article by Sue Hirst will help clear things up
September 14th, 2009 by Sue Hirst

The financial crystal ball – what lenders want to see

If you are applying for new funding or have loans coming up for renewal, lenders are likely to want accurate projections and cashflows, as well as recent financial statements. Sue Hirst outlines what you need to do
July 1st, 2009 by Sue Hirst

Cashflow tips: How good is your fuel gauge?

Cash for your business is the equivalent of petrol for your car, says Michael Smyth. He explains why cash is so important and shows you how to keep on top of your cashflow
May 25th, 2009 by Michael Smyth

Get your financial house in order...before you lose it

No matter how large or small your business if you have a handle on your finances, the rest of the business will seem like a walk in the park. Debbie Gilster shows you how to get started
December 10th, 2008 by Debbie Gilster

Why you should count the days until you pay

Are you having problems with cash flow? Sue Hirst has tips on managing your accounts payable that should help
January 7th, 2008 by Sue Hirst

How to take a tax-deductible business trip

If you are thinking about taking a trip, there are a number of legitimate ways you can travel and ensure the expenses are tax deductible, says Marcia Yudkin
May 9th, 2007 by Marcia Yudkin

Win the paper war

James McCullagh has some practical tips which will help you stay on top of your administration and put extra dollars on your bottom line
March 7th, 2005 by James McCullagh

Unleash the value in your bank statement

Your business could be profitable but still not have the cash to pay its bills. David Weusten steps you through monitoring your cashflow and forecasting difficult periods - and there's a cashflow forecast spreadsheet you can download to do your own
April 16th, 2004 by David Weusten

What are your books telling you?

Understanding how well your home business is doing financially is not as simple as just keeping an eye on the bank balance! Murray McLean explains how you should be using the financial information you have to keep a finger on the pulse ...
February 20th, 2002 by Murray McLean

Is accounting all Greek to you?

Murray McLean demystifies the most important accounting terms and explains the concepts behind them.
January 9th, 2002 by Murray McLean

Bankruptcy

None of us likes to consider the possibility of bankruptcy - but if it's the only way out of a sticky situation, what is the process, and what are the implications? Murray McLean gives a broad overview.
July 23rd, 2001 by Murray McLean

Depreciation

As we use business assets, they depreciate - but how you account for this can be quite tricky. Murray McLean discusses some of finer points of accounting for depreciation.
April 26th, 2001 by Murray McLean

Should you lease or buy your business vehicle and equipment?

The answer is, it depends. Here are some guidelines to help you work out which scenario best suits your specific situation.
March 23rd, 2001 by Murray McLean

Keep your cashflow flowing

It's probably harder for a home business to control cashflow effectively than it is for many other businesses. For starters, there are usually only one or two people in the business, rather than someone focused just on finances, and for another, personal feelings often come into play. But it's critical to business survival. Here are some must-dos to keep your cashflow flowing.
February 26th, 2001 by Murray McLean

Keeping the record straight

For many home businesses, bookkeeping and record-keeping come low on the list of priorities. Here are some pointers on why it's worth keeping good records, and which ones you should be keeping tabs on.
February 19th, 2001 by Murray McLean

Checking out a potential customer

Do you put off asking for credit references in case you lose the business? Ask yourself if you would you rather do the work and lose the money ...
August 11th, 2000 by KEN USMAR

Using a tax agent

Using a good tax agent can save you a lot of time, money and stress in your dealings with the IRD.
June 19th, 2000 by Murray McLean

Contractor or employee?

There's a fine dividing line but a world of difference between a contractor and an employee as far as the IRD is concerned. On which side of the line do you fall?
May 19th, 2000 by Murray McLean