Business Advisory

The new Privacy Act 2020 - what's changing?

November 27, 2020
On the 1st of December this year the Privacy Act 2020 will replace the Privacy Act 1993, completing a lengthy overhaul process. The purpose of the act is to strengthen privacy protections, and to promote better risk management and earlier intervention by the organisations and individuals that handle data. Make sure your business has the right systems and processes in place to ensure compliance with the new Act.

Mako Road - Who says all accountants are boring...

July 28, 2020
It is not often, in my accounting world, that I get to use my finance and governance skills whilst learning about a new industry, and at the same time helping some extremely talented young kiwis. That has been the outcome of crossing paths with one of our recent Nexia graduates, Rhian Ward.

Nexia NZ: Supporting our clients through COVID-19

May 5, 2020
The team at Nexia NZ are working hard to support our clients through COVID-19. The nature and depth of the COVID-19 crisis is unprecedented in our lifetime, and the Government response to support business has equally been wide ranging. We have outlined below some of the ways we are working with our clients to ensure the viability of their businesses.

Government boosts cashflow support for small businesses

May 4, 2020
The NZ Government continues to roll out initiatives to support business through COVID-19. In addition to the tax changes, wage subsidy and consultancy support already available, last week the Government announced their Small Business Cashflow (loan) Scheme. This significant initiative will aid small to medium sized businesses who require a much needed cashflow injection.

Five tips for managing your cashflow in a crisis

April 23, 2020
It’s in these uncertain times that businesses must hope for the best, but also prepare for the worst. There certainly hasn’t been a time in our history when the mantra of ‘Cash is King’ has been so relevant.  Accordingly, we offer the following suggestions for managing your cash flow in a crisis.

Utilising technology to streamline working with your advisor

April 23, 2020
Whilst many business owners have been unable to work IN their business, we are encouraging them to take this opportunity to work ON their business. We are seeing many positive changes being made, the key one being investment in secure technology which will improve the way we all operate beyond COVID-19.

Further Government support measures announced

April 16, 2020
On 15 April, the New Zealand Government announced further business support measures, largely aimed at SME’s. Read our summary of the proposed changes.

4 Steps to a Successful Business - Client Success Story

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.

4 Steps to a Successful Business - Step 1 - Business Planning

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.

4 Steps to a Successful Business

December 17, 2019
Business growth and improvement should be at the forefront of a business owners’ mindset, however many are unsure where to begin. At Nexia NZ, we have found that to achieve business growth and improvement, it is helpful to focus on the following steps.
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