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Change Blog

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Implementing a new admin process in your small business: our top tips

Posted by Edwina Fairley on Feb 28, 2018 11:15:30 AM

 

When you move from a paper or spreadsheet bookkeeping system to a cloud-based system, it requires more than just changing where you input information. There’s a whole shift in thinking that has to go on.
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Topics: business tips

The new business tax option: Pay-as-you-earn provisional tax

Posted by Edwina Fairley on Feb 22, 2018 8:43:33 AM

One of the biggest hurdles small business owners deal with is when and how much to pay in tax. Under our current system, you need to pay provisional tax in installments throughout the year, based on an estimation of what you will earn (taken from your earnings from the previous year).

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Topics: business tips

Tips for saving a struggling family business

Posted by Edwina Fairley on Feb 8, 2018 7:02:00 AM

 

Many of my favourite clients run successful family businesses, where several generations are involved in the day-to-day running or big-picture thinking for a company.

Family businesses are awesome – you get to create and build on something that can be an asset for decades to come, and help each generation 

of your family learn new skills and get a head start in life.

However, there is a flip-side. Family businesses that are deeply entrenched in a family dynamic can run into all kinds of problems. I’ve seen it several times in my years as a bookkeeper. Here are some of the pitfalls to avoid.

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Topics: business tips

Securing finance to get your small business off the ground

Posted by Edwina Fairley on Jan 30, 2018 10:37:05 AM

 

“It takes money to make money” is one of those maxims that are touted about in business circles, mostly because it’s true. An idea usually won’t create a business – not without the funds to create a product, start marketing, or reach those first customers.

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Topics: business tips

Ready to grow your business in 2018? Follow these four key lessons

Posted by Edwina Fairley on Jan 24, 2018 9:31:00 AM

 

Here at Change, we’re proud to work with both small business owners and entrepreneurs. We love following the success of our clients as they grow their companies and take the world by storm.

While many business owners are happy with the status quo, being an entrepreneur means focusing on growth. If 2018 is the year you’re going to grow your business, you need to figure out what it’s going to take to get from where you are to where you want to be.

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Tips for protecting your small business from a natural disaster

Posted by Edwina Fairley on Jan 18, 2018 1:26:13 PM

 

New Zealand has seen our share of natural disasters over the last ten years. The devastating Christchurch and Kaikoura earthquakes saw hundreds of casualties, condemned buildings, and thriving cities and towns brought to a standstill.

Of course, you don’t get an advance warning of a natural disaster, but you can prepare and put plans in place in case such a thing occurs. Here are some of the things we’ve done – and encourage our clients to do – to ensure that if disaster strikes, your business will survive.

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Topics: business tips

Three ways to reinvigorate life in your small business in 2018

Posted by Edwina Fairley on Dec 15, 2017 10:04:41 AM

 

Often, we enter into business for ourselves because we’re looking for a change from the mundane, everyday life. We want to shake up the routine, get out of the nine-to-five, and pursue our dreams.

After a few years of slogging away getting the business up-and-running, it can really start to feel as if you’re back in the mundane again. You’re working nine-to-five (probably eight-to-six, if you’re like most of my clients!), following a routine, and it can all start to feel a little too much like … work.

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Topics: business tips

Why this professional bookkeeper recommends Xero Projects for small businesses

Posted by Edwina Fairley on Dec 8, 2017 3:31:20 PM

 

Back in September, Xero announced the launch of Xero Projects, it’s super simple job costing and management tool designed with small service businesses in mind. We’ve been giving Projects a bit of a whirl here in the office, and we reckon it’s a pretty awesome tool if you have simple job costing needs and you want to get more organised in 2018.

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Topics: business tips

5 New Year's Resolutions for NZ Small Businesses

Posted by Edwina Fairley on Nov 30, 2017 9:23:07 AM

 

I won’t terrify you by mentioning how many days left until Christmas, but I wanted to note that with only a month until we ring in a new year, it’s a good time to start thinking about what 2018 will mean for your business. Do you have big plans to grow and build on your success in 2017, or are you looking to maintain the success you already have and do great work for your clients and customers?

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Topics: business tips

Financial year end doesn’t have to be stressful: here’s four ways to make your year-end a breeze

Posted by Edwina Fairley on Nov 23, 2017 10:43:05 AM

 

It may be only four weeks until Christmas holidays and fun days at the beach, but here in the office I’m starting to feel the rising heart rate and panicked fluttering that can only signal one thing: financial year-end is only a few months away.

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Topics: business tips

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