4 Steps to a Successful Business
March 1, 2021
The Government has announced a new payment for businesses, including self-employed people, to help pay their workers who cannot work from home while they wait for a COVID-19 test result. There’s a one-off payment of $350 for each eligible worker. You can only apply for it once, for each eligible worker, in any 30-day period.
December 3, 2020
My first year at Nexia had gone to plan. I’d settled into my role as Audit Director, we’d had some significant client wins and we’d doubled the size of the team. Then COVID struck. All of the business continuity planning in the world doesn’t fully prepare you for a unique crisis like COVID-19. While it’s been tough at times, this experience has also brought invaluable lessons in leadership, and I thought it might be useful to share them.
November 30, 2020
The Small Business Cashflow Loan Scheme (SBCS) supporting small to medium businesses affected by COVID-19, has been extended. Several changes have also been made so that it is easier for businesses to access finance.
February 12, 2020
Over the last few weeks, we have been delving into Nexia NZ’s 4 Steps to a Successful Business; Business Planning, Budgeting, Cashflow Planning and Management Reporting. We sat down with Murray Smith, owner of the Tai Tapu Hotel, to discuss his experiences working with Nexia NZ and how he introduced these 4 steps into his business.
February 4, 2020
Once you have your business plan, budget and cashflow planning in place, you are then well prepared to measure your financial results and the key drivers of your business.
January 29, 2020
Once your business plan and budget are in place, you are ready to assess your cashflow needs by preparing a cashflow forecast. Cashflow planning and monitoring is a must for any business and is critical for survival and growth.
January 24, 2020
For our second blog in the “4 Steps to a Successful Business” series, we are focusing on Budgeting. Once you have your business plan in place, it is important to then create a meaningful budget in order to stay focused on your business plan and goals.
January 17, 2020
Business growth and improvement should be at the forefront of a business owners’ mindset, however many are unsure where to begin. Success starts with a plan, and in order to plan effectively, it is crucial that you take the time to work on your business, rather than in it.