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Female entrepreneurs: tips for success

Posted on Oct 27, 2017 by admin

There has never been a better time than the current for women to make it in the business world. However, women are still confronted with many challenges and inequalities on their path to entrepreneurial success. Consider the following strategies for becoming successful as a female entrepreneur: Don’t be afraid to make mistakes There is a lot of pressure for women to be perfect all the time. To not be “too much” of A or “too little” of B and to be wearing the right outfit while doing so. One of the most important things for success is to embrace and […]

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How to boost morale

Posted on Oct 27, 2017 by admin

From time to time, it is normal for employee morale to take a plunge. Whether it is a stressful time at work or a major workplace change is occurring, employees may respond unfavourably. However, if employee morale is low over substantial periods of time, it may point to problems with management and the overall culture of the business. Low morale can have devastating impacts on business too; low levels of employee satisfaction and productivity, and high rates of turnover. Here are three ways to boost employee morale: Celebrate accomplishments Show your staff you care about the work they do by […]

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Managing employer returns

Posted on Oct 27, 2017 by admin

There have been proposals for changes to the management of employer returns. The Government has announced that changes will be made to the process of filing employer returns, with the main change proposed being to file returns based on the business pay cycle rather than based on the calendar month. You won’t have to make the return on the payday, you will have time to do this. On top of this, payment due dates for your PAYE and other deductions won’t change. There are multiple benefits to this change, including: Having current information on hand and fresh in your mind, […]

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Questions to ask before applying for a loan

Posted on Oct 18, 2017 by admin

A loan can be great help. It can assist you in achieving your goals faster, such as buying a house, purchasing a new car or getting your business up and running. However, there are many considerations to make before taking on a loan as choosing the wrong loan can cause financial and legal havoc down the track. Take note of the following tips before applying for a loan: How much do I need? Before applying for a loan, carefully calculate how much assistance you need. The more you borrow, the more you will have to pay back in interest and […]

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Making your small business successful

Posted on Oct 18, 2017 by admin

Many business owners start out with big dreams of a successful business, only to find out it is much harder than they first believed. Although running and managing a business can be challenging at times, applying some fundamental business rules can make the experience more manageable, and ultimately, enjoyable. Consider the following tips for growing a successful business: Set clear goals When starting any new venture, particularly a business, setting goals is instrumental in achieving success. Set short-term and long-term strategic goals that align with your business’ vision and mission. To successfully reach these goals, ensure they are SMART (specific, […]

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How to save time and boost efficiency

Posted on Oct 18, 2017 by admin

Many business owners are looking for ways to squeeze more into their cramped work schedules. But unfortunately, this may mean spending more time on unimportant tasks and not prioritising what really needs to get done. Rather than multi-tasking or spending late nights in the office, consider implementing these tips to optimising your time and boosting your efficiency: Delegate accordingly Even if you think you delegate enough, it is worth reviewing what tasks you delegate and if there are any more tasks that could be done by someone else. Learning to say ‘no’ is also a useful tool in improving productivity. […]

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Why real-time bookkeeping makes a difference

Posted on Oct 13, 2017 by admin

Keeping business records up to date and in order isn’t necessarily a habit that comes naturally to all business owners. With owners needing to be on top of essentials like expenses, cash flow and invoices at all times, having access to real-time information can make all the difference to small business success. Real-time bookkeeping can help business owners understand their business on a daily basis so they can address potential problems as they arise to grow a more successful business. Here are five key reasons why real-time bookkeeping can make all the difference to a business’s success: Track expenses Being […]

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Understanding your business to better serve your customers

Posted on Oct 13, 2017 by admin

Whether you have been running your business for over 20 years or just starting out, you cannot deny the importance of regularly reviewing your business’ performance. Many business owners may put off reviews in fear of the actual results, but understanding why your business is performing the way it is is crucial for growth and development. Consider these three crucial areas of your business when conducting a review: Products and services Think about the quality and delivery of your products and services. Do they solve a problem for your customer/client, fulfil a want or need, keep customers returning? Analysing trends […]

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KiwiSaver continues to grow

Posted on Oct 13, 2017 by admin

Since KiwiSaver started ten years ago, KiwiSaver members have built up total assets of more than $40 billion dollars and 2.7 million New Zealanders have joined the scheme, according to the FMA’s annual KiwiSaver report 2017. Based on returns as at 31 March 2017, total assets were up $7 billion from $33.8 billion in 2016. Investment returns of $2.7 billion were more than double those of 2016. For the second year running, the number of transfers (between providers) is higher than new members joining the scheme. The FMA’s findings raise alert for the number of default KiwiSaver providers who are […]

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Managing your financial affairs when self-employed

Posted on Oct 5, 2017 by admin

There are many rewards when working for yourself; no boss, freedom to choose your own hours and some lifestyle perks. However, self-employment also means you are responsible for balancing your personal and business funds. Consider the following tips to better manage your personal and professional affairs: Pay yourself It is a good idea to get into a habit of paying yourself a weekly wage to cover your living expenses. This helps to prevent you from dipping into the business accounts too often. Don’t neglect your super You may neglect contributing to your super during slow periods of cash flow but […]

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Nicoll Jackson give you peace of mind by looking after your financial and accounting operations.

We also use our business advisory expertise to monitor your business, giving you
proactive advice on how you can improve your bottom line and net worth.

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