Learn the essential steps to track your income and expenses, forecast future financial needs, and set achievable goals. This guide will empower you to make informed decisions and maintain control over your finances. A budget shows what you plan to do with your cash over the next year. To fully
Artificial Intelligence (AI) is transforming small businesses, but the jargon can be overwhelming. Our AI glossary breaks it down, so you can see how AI can benefit your business. AI simplifies and optimises administrative tasks, making business management more efficient. With AI agents and assistants becoming more advanced, savvy business
AI has the potential to transform your small business. We explore how you can integrate AI and the latest AI agents to enhance efficiency and growth. AI can simplify and optimise administrative tasks, helping you manage your business more efficiently. These tasks are now ones that artificial intelligence (AI) excels at.
Economic conditions and the costs of trading make it difficult to keep your finances on track. We’ve got five ways to reduce the financial uncertainty and improve your planning. In these uncertain times, careful planning, forecasting, and strategic thinking can help make the road ahead clearer. As a business leader,
Cybersecurity plays a critical role in your business's governance and risk assessment. Fortunately, a new government website offers training and resources to help you enhance your security measures. Your IT systems and software are the backbone of your business, and with so many parts of your operations now in the
Late payments can cripple your cashflow and undermine the viability of your business. We’ve outlined some ways to tackle late payments and get your cashflow back on track. Late payments to Kiwi small businesses are on the rise, putting additional pressure on your cashflow and ability to cover your expenses.
The Reserve Bank of New Zealand recently reduced the official cash rate (OCR) to 3.75%. What does a drop in interest rates mean for you, your business and your financial opportunities? Let’s take a look at how a drop in interest rates may affect your finances. Reduced cost of borrowing
From April 1, 2025, New Zealand’s minimum wage will increase to $23.50 per hour, a 35-cent rise from the current rate of $23.15. This change will affect around 141,900 workers who currently earn at or just above the minimum wage. The starting-out and training wages will also increase, reaching $18.80
Is your business model as solid and future-proof as you think it is? We’ve picked out five of the key threats that should be on your small business radar. Small businesses faced a number of challenges in 2024, with the business environment, globalisation, technological change and difficult economic conditions all
What are the key reports to focus on in your business? We'll show you how to track performance, take action and position your company for growth. As a business owner, it’s never been more important to have a good grasp on your finances. For many businesses, priorities have shifted, customer
