Customer Relationships Are Now More Important Than Ever

Customer Relationships Are Now More Important Than Ever

With many businesses struggling to achieve pre-Covid sales levels, and the potential for unemployment to spawn a new breed of start-ups, having a customer retention plan has never been more important. Surprisingly, the most inexpensive way to grow a business is to maximise customer retention. 10 Retention Strategies to boost...

16/09/2020
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Claiming Expenses for Non-Breeding Bloodstock

Claiming Expenses for Non-Breeding Bloodstock

Taxpayers that breed horses as part of their business can claim expenses for non-breeding bloodstock that may be used for racing. If, as part of your breeding business you have bred a colt that is subsequently gelded for racing, you will need to apply to Inland Revenue to claim further...

07/09/2020
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Cash is Not Profit and vice versa

Cash is Not Profit and vice versa

The purpose of a business is to make money, and that means you have to know the difference between profit and cashflow. Net profit is what you have left after you deduct all your business expenses from all your revenue. You change net profit only by changing the things that...

13/08/2020
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Want to Save Money?  Look at your Expenses.

Want to Save Money? Look at your Expenses.

Running a business will always mean incurring certain expenses, or ‘spend’. There are always costs, overheads and supplier bills that mount up – and these expenses will gradually chip away at your cash position.  This can make it more difficult to grow and make a profit. So, what can you...

28/07/2020
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Support for Farmers

Support for Farmers

Farming can be tough and unpredictable. That’s why having the support - financially and holistically - is key. Here are some helpful ways you can access assistance during the ups and downs. The Farm Debt Mediation Scheme Farmers under financial strain will have access to extra support and guidance from...

26/06/2020
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Your Business Recovery Plan

Your Business Recovery Plan

As we emerge from Covid-19 restrictions, for some ‘Business as Usual’ has become ‘Business Unusual’. How do we navigate our way towards a sustainable new normal? During lockdown, we focused on crisis management.  This meant activating relevant Government support packages and doing our best to make smart financial decisions. Now...

26/06/2020
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Reopened for business during Level 3?  Have you taken the right safety measures?

Reopened for business during Level 3? Have you taken the right safety measures?

The COVID-19 outbreak has meant that the duty to minimise health and safety risks in your business has become harder. Now that lockdown measures have eased, what's your plan to manage risks whilst protecting your workers and customers as you restart your operations?   At Alert Level 3, your business...

01/05/2020
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The Value of Cashflow Forecasting During a Crisis

The Value of Cashflow Forecasting During a Crisis

During the ongoing coronavirus crisis, many sectors will see their income drop to frightening levels or completely disappear. To be able to navigate the future path of your cashflow, we can assist you with forecasting. We can map out your financial position over the coming months, so that you can...

06/04/2020
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Government COVID-19 Wage & Leave Subsidies

Government COVID-19 Wage & Leave Subsidies

We understand that there is a lot of ambiguity when it comes to the Government providing significant COVID-19 wage and leave subsidies to employers and self-employed persons.   Many of you will have questions about how we treat these for Income Tax, GST, and Payroll purposes. Below is a brief...

26/03/2020
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2020 Bloodstock Yearling Sales

2020 Bloodstock Yearling Sales

Ellerslie Races The Auckland Racing Club (ARC) meeting on Saturday 25 January 2020 at Ellerslie Racecourse signals the start of a busy week for the Thoroughbred Racing Industry in New Zealand. This is then followed by the week long Karaka Yearling sales. The ARC hosts a 6 race meeting, headlined...

21/01/2020
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