Your Cost of Sales (CoS) is more than just a line on your financial reports—it’s a key indicator of how efficiently your business is operating and how healthy your margins really are. We’ve highlighted five important ways CoS affects your business, and why it’s worth keeping a close eye on.
Looking at past numbers is important—but it’s only part of the picture. If you want to stay ahead, you need to look forward too. That’s where forecasting and scenario planning come in. For a long time, accounting was all about reviewing what had already happened. But while historical data is
Profit is important — but cash flow is what keeps your business running day to day. If you’re finding it hard to manage cash flow, you’re not alone. Many businesses experience this, even when they’re technically profitable. It’s possible to have a healthy bottom line and still struggle to pay
You might already know the basics—but do you fully understand what your Profit & Loss Statement and Balance Sheet are really telling you? Even for experienced business owners, these reports can raise questions. That’s why we’re here—not just to explain the difference, but to help you interpret what they mean for your business’s performance
If you’ve already started your property investment journey, you’ll know that growing a portfolio isn’t just about buying more properties. It’s about making sure each decision supports your long-term goals and strengthens your overall financial position. Whether you're planning your next purchase or reassessing your current setup, it's a good
Xero has announced upcoming changes to the pricing of several business subscription plans in New Zealand. These updates will take effect from 1 September 2025 and apply to both new and existing subscribers. What’s changing? From 1 September, the following monthly prices will apply (all prices exclude GST): The Xero Ignite plan
Major changes to KiwiSaver were announced in Budget 2025, and some of them are already in effect as of 1 July 2025. These updates aim to make KiwiSaver more sustainable and better suited to today’s economic environment—especially for younger savers and small businesses. KiwiSaver is a voluntary savings scheme designed
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,
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
