Hoping to sell your business in the next five years? We’ll help you get your business in order and come up with a sale plan that delivers the best possible sale price. Selling your business is a big move for any owner. You’ve built this company up, scaled
A business without a plan is like a ship without a rudder. Read our guide to writing a business plan and find out the major benefits of having a detailed roadmap to follow. Your business plan is the sat-nav that keeps the company moving in the right direction. Having
Banks, landlords and suppliers can sometimes ask you for a personal guarantee on a contract. Unfortunately, that could mean that if something goes wrong, you have put your house at risk. Here are a few ways to protect your home and your other personal assets from potential business problems. Personal Guarantees Banks, landlords and suppliers might
A common decision that business owners need to make is whether to lease or buy equipment for running their business. This dilemma happens when first starting up a business, during phases of growth or expansion, and periodically when equipment needs to be upgraded or replaced. So how do you decide which is the better
If you are planning on taking on a new staff member you might have the option of choosing between hiring an employee and hiring a contractor. It’s important to understand the differences between these two options because your obligations as a business owner will be substantially different. Essentially, an employee works for you, while a
As the COVID-19 pandemic continues to put pressure on the economy, some of our clients are considering options such as restructuring and/or making staff redundant in order to stay afloat. As an employer, if you are in this difficult situation there are proper processes you are obligated to follow. Restructuring is the process of changing
A New Zealand Business Number (NZBN) is a unique 13-digit number for all New Zealand businesses, including companies, sole traders, partnerships, registered charities, trusts and government agencies. It is designed to make it easier for businesses to connect and interact with each other as well as government agencies. In recent times, a NZBN has become
Being a self-employed contractor presents its own unique benefits and challenges. You can elect to work under your own name as a sole trader, or set yourself up as a company. Benefits Of Being A Contractor As a contractor you are essentially your own boss, and have control over how, when (and sometimes where) to
