Customers that stretch out how long it takes to settle their bills are costing you more than time and frustration. However, increased electronic connectivity between small businesses, accountants, and financial institutions coupled with cloud accounting and traditional methods can help your debtor management. As with any relationship, timely communication between creditors (suppliers) and debtors
How often do you get to the end of a work day and wonder where the time went? You barely dented your to-do list, let alone completed it. Delegation, either to internal team members or external contractors, is a great way to free up your precious diary space. But is it that simple?
At Pathfinder Solutions, we're chartered accountants and seasoned business mentors. Therefore, we often help clients identify the crucial business reports they need to focus on. Here's an overview of how to track performance, take action, and prepare your company for surviving the new business normal (whatever that might be!) To
Your business should be one of your biggest assets – but what’s it actually worth? Whether you want to sell your business, adjust the ownership, borrow, or calculate your net worth, a business valuation can be extremely useful. Figuring out a dollar value means factoring in lots of variables, but earnings and assets are
Why should your customers choose you over your competitors? Establishing your unique selling point (USP) is about uncovering and communicating the real benefit you offer customers. #marketing #businessadvice #SME Making your business stand out in a crowded market can be challenging, but differentiating your business is vital for attracting your "Class A"
We all have days where we nail it at work & feel like it’s been a great day! But there are also days when we leave work feeling like we haven’t achieved anything and a bit flat. While we can’t eliminate those bad days completely, we can apply principles to limit the number of
New Zealand is in the process of reducing the sale of single-use plastics. Each year, Kiwis send 60kg of plastic waste to landfill each, so the new rules are designed to reduce waste, improve recycling systems, and protect the environment. You may have noticed the changes that came into effect on 1 October 2022
Christmas is nearly here, and it’s a great time to let your clients and/or tenants know how much you appreciate them. But what would make an appropriate gift? Here are our top ideas for gifts this holiday season. Before you decide, talk to us about any potential tax implications. 1.
Are you feeling burned out in your business? Here are some simple strategies to reduce your stress, free up time and help you to fall back in love with your business. Are You Suffering from Business Burnout? This time of year can be very demanding and exhausting for many business owners. Are
The new Trusts Act 2019 came into force on 30th January 2021 to replace the Trustee Act 1956. Prior to the new Act, trustees not only had to consult the old Trustee Act 1956, they also had to consult about 50 different pieces of case law in order to know their duties and discharge
