Blog

Whilst on holiday recently I read the sad story of the owners of the Ruru childcare centre who were the victims of an invoicing scam.  Reviewing the circumstances that allowed the fraudsters to commit this crime I realised that it really could happen to any of us.  After all, the perpetrator had simply accessed an email account, intercepted an invoice, doctored the payment details and resent it.    Email account hacking happens all the time.  I’m…  Read more

So you have a great idea for a business – awesome! But then the questions start… what’s the difference between a sole trader and limited company? What are the pros and cons of each? Suddenly this can become very daunting – but it doesn’t need to be. This blog will give you a basic rundown of the different business structures commonly seen and help you decide which option is best.…  Read more

Core Values – something we all have, and something that we view as important. They are unique to each individual and we often surround ourselves with those who have similar values. We look for these values in our friends and those closest to us, so wouldn’t it be important to have them in our business as well? Defining a set of Core Values allows those involved with your business (whether…  Read more

There is government funding available to help eligible businesses access a financial subsidy of up to 50% toward the cost of their business development sessions with us. If you’re a local in Taranaki, the first step to access the subsidy is to contact Natacha Dunn at Venture Taranaki (06 757 6054 natacha@venture.org.nz) who will assess whether your business qualifies for the funding. To find Regional Business Partners in other areas,…  Read more

The end of the financial year is rapidly approaching and if you want to be ahead of the game, here’s a few things you can do to get things in order. Stock take If you carry trading stock, you are required to do a stock take to record the value of your stock on hand at 31 March.  If at all possible, do this on the actual day.  Stock is…  Read more

Well it may pay to figure out the tax consequences first.  Especially so as the rules are expected to change from 1 April 2017. So from our previous blog “How do I claim vehicle expenses when I have a company?” we know that Fringe Benefit Tax (FBT) will apply where a company owns a vehicle and allows this to be available for use by a shareholder-employee. However, that is to…  Read more

Interview with Craig from The Project Guys – Listen here to find out what questions you should be asking your accountant In this episode, Craig speaks with Andrew More, Owner and Managing Director of More CA, a chartered accountancy firm.  Andrew has set out to add value to his services by not just helping his clients with compliance but also offering them real world advice, assistance, and guidance. When asked about the…  Read more

Many elements are vital to a growing company’s success. A financially-astute leader is one. A confident and motivated sales team well-versed in a company’s product and service line is another. But starting and growing a business requires more than team members with extensive functional skills and appropriate personal characteristics. Growing a business requires collaboration – namely, the deployment of individuals in a way that allows them to work together to problem-solve and act…  Read more

Being an entrepreneur is often about getting the most value out of your resources. That means spending only on the necessities, and nothing more. Unfortunately, things you consider to be a waste of your capital may actually be what your start-up needs to survive. Some of them are expensive, especially for a new company, but they’re worthwhile. Data Analysis Successful entrepreneurs are usually well informed. They don’t make decisions solely…  Read more