Posts

The do’s and don’ts after acquiring a business

To keep or not to keep?

Acquisitions can be an incredible boost for a growing business – you instantly add scale, expertise and assets and move into a desirable new territory, product or service.

Having been through many business acquisitions, we’ve seen how the effect can be transformative.

However, whether it’s a merge of equals […]

STP Phase 2 Starts January 2022

Learn what STP Phase 2 means for employers

Single Touch Payroll (STP) Phase 2 reporting starts 1 January 2022.

If you employ staff, you’ll need to be ready for this change.

If your business uses Xero, it will be compliant.

If not — or you know someone who is not — there’s time to start thinking […]

Single Touch Payroll (STP) Phase 2 reporting

Learn about what STP Phase 2 means for you

Single Touch Payroll (STP) Phase 2 reporting starts 1 January 2022.

If you employ staff, you’ll need to be ready for this change.

New guidelines that explain the changes are now available to help.

STP Phase 2 reporting means changes to the way you report:

amounts paid […]

Changes to STP reporting from 1 July

This may affect how you report to the Tax Office

There are changes to STP reporting for small employers with closely held payees and quarterly reporting for micro employers from 1 July 2021.

Employers should be reporting through Single Touch Payroll (STP) unless they only have closely held payees, or they are covered by a deferral […]

Business Resilience vision and goals

As accountants, we strive to help business owners build resilient and successful businesses

In the current business environment, there are both challenges and opportunities.

One component of resilience is to have a clear vision for the business. That means everyone should understand the business ‘destination’, the ‘why’ or the ‘rationale’ for the business. Without this, the […]

Is Your Business Model Standing the Test of COVID-19?

Staying Current in Changing Times

In very simple terms, a business model refers to “the way a business makes money”.

Take a retailer, for example, who buys and displays products of interest to customers. By attracting people into their store, they sell those products and make a profit, provided the sales price exceeds the costs […]

Customer analysis

The Importance of Categorising Your Customers

Always Be Ready to Adapt Your Business to Change

You probably heard the phrase the customer is always right, well maybe that’s not quite right.

Perhaps it should be rephrased and what we should be thinking about here is, the RIGHT customer, is always right.

There’s a subtle difference […]