What lenders want to know about your business
While getting a business loan from a bank can be painful (with reams of red tape to wade through), it’s not impossible. Here’s what banks are looking for. Disclaimer: This blog has been carefully prepared, but it has been written in general terms only. The blog should not be relied upon to provide specific information […]
Your alternative funding options
An outright stake sale might not be the best fit for your company. Here are three different paths you could take: 1. Asset finance:A loan to pay for a particular business asset, such as a vehicle or piece of machinery. Pros– Interest rates can be competitive if you are able to go through a mainstream […]
What does the Fair Pay Agreements Act mean for you?
New Zealand has a new system of employment bargaining with the passage of the Fair Pay Agreements (FPA) Act which took effect from 1 December last year. Fair Pay Agreements bring unions and employer associations together to bargain for minimum employment terms for all covered employees within a sector or occupation. Visit Employment New Zealand’s […]
Should you sell a stake in your business?
Like every plant needs water and sunlight to grow, every business needs financing. Starting a business or expanding an existing one requires investment, and it can often be confusing for small companies to weigh up their options. Is it time to sell a stake?As a business owner, you may struggle with the concept of relinquishing […]
Could the Government help you grow this year?
Yes, here’s how: Research & Development FundingIf you’re a small company investing in product development, check out what’s available through Callaghan Innovation. Business advisory servicesThe Regional Business Partner Network can back small businesses, with advice, support, and access to funding for business growth initiatives. Capability development vouchersIf you employ fewer than 50 employees, you could […]
Manage your Christmas cash flow
Christmas can cause a cash flow crisis for small businesses, but you can prevent problems from spilling into the New Year. Here are two ways you can ease your cash flow worries:
Tricky tax questions at Christmas time
Here are some answers to common tax questions at this time of year. Is our Christmas work party tax deductible? Does it matter whether it is held on business premises?Expenditure on entertainment is only 50% deductible for tax purposes. This applies to deductions for spending on food and drink or celebration meals, whether they are […]
Keep your staff safe at Christmas
The holiday season is a time of celebration and indulgence, and a great way to highlight the achievements of the past year. But with every Christmas party comes great responsibility — employers must keep their employees safe. Four top tips for ensuring a Christmas party is remembered for all the right reasons: Disclaimer: This blog […]
The key to Christmas marketing
Christmas is a great time for businesses to send out fun, engaging messages to customers. People are on the lookout for new products, experiences, and services, more willing to spend. What’s the key to adding some Christmas magic to your marketing and inspiring brand loyalty into the New Year? Prepare early. Christmas decorations seem to […]
Don’t overlook inventory at Christmas
At Christmas, increased demand can take you by surprise. There’s nothing worse than running out of stock during peak season, so check your stock against previous summers. You don’t want to over-order or order too little. During the holiday season, relationships with suppliers are more important than ever. Check in with key suppliers early – […]
