October 2023

Getting in Control of Your Inventory

As a manufacturing or product-based business, efficient stock management is a big part of running a smooth operation. But the way we manage stock and inventory has changed radically in the past decade, in no small part due to the evolution of inventory technology.

Plain English Guide to Cashflow

Why is cashflow so central to good financial management? Here's our plain English guide.

What Makes You a Good Entrepreneur?

Do you dream about starting your own business? And, can anyone become an entrepreneur? Let's take a look at what makes a good entrepreneur.

Understanding Your Profit and Loss Statement

Your profit and loss statement (P&L) helps you understand your business performance and profitability over time. It’s sometimes called an Income statement and its main purpose is to list income and expenditure.

Are you paying too much tax on interest earned from your term deposits?

In April 2021 the top marginal tax rate was lifted from 33% to 39% for individuals with taxable income over $180,000. More recently the Government has announced that the tax rate for trusts will also go up to 39% from April 2024, and both Labour and National plan to go ahead with this change. This 39% tax rate will apply to all taxable income of the trust.