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Keeping on top of your cashflow – 13 Strategies that will help you get paid quicker.
In the intricate dance of business finance, few steps are as vital as managing your cash flow. A well-optimized accounts receivable process ensures the lifeblood of any business: a consistent and healthy cash flow. Timely payments from clients not only keep the lights on but also facilitate growth and stability. However, in the real world…
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How Healthy is your business?
Take this quick quiz to see how healthy your business really is Quiz
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Our Core Values
Innovation Continuously ahead of the game Clarity, Direction & Education Clear communication and achieving desired outcomes Professionalism Always going above and beyond Empathy & Compassion Personable, caring and trustworthy Quality & Success Exceeding expectation, making a difference and living your way
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The Ansoff Matrix
How to Grow Your Business: A Guide to the Ansoff Matrix Jenna from Accounting Solutions introduces us to a valuable strategic tool for business growth: the Ansoff Matrix. Developed by Igor Ansoff in 1957, it classifies growth strategies into market penetration, product development, market development, and diversification. The Ansoff Matrix remains relevant today as a framework…
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Business Preparation Tips for a Natural Disaster
Preparing your business for natural disasters is crucial to ensure its resilience and continuity. Proactive measures, such as securing insurance, documenting assets, and establishing emergency procedures, not only mitigate potential losses but also enable swift recovery, safeguarding both operations and long-term viability in the face of unforeseen challenges.
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E-Invoicing
E-Invoicing is the digital exchange of invoice information that you can use for your debtors and creditors, even if they are on a different software. Here is a quick run down of how this works: What is e-Invoicing and how does it work? How can I get eInvoicing? Why get e-Invoicing? For more about eInvoicing,…
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Government Legislation
Legislation & Your Business Changes to legislation by New Zealand’s government can have wide ranging effects. We keep you informed, in plain English, about how these changes might affect you. Employment Law Fair Pay Agreements 1 December 2022 – Fair Pay Agreements – What do I need to do as an employer? Work Visas 31 August 2022 – Accredited…
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Business Support – Post Cyclone
Support Available To Businesses A guide to business/employee support available for you or anyone you know Business.govt.nz – they have some advice and support for the cylone and flooding recovery, and this link contains information about some available grants. If you are a Xero subscriber, you, your employees and their family members can access some free and…
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The Four Quadrants of Time Management
Time management is the key to personal productivity and the success of your business. The Key Time management is the key to personal productivity and the success of your business. There are a lot of time management strategies out there, but we have found Steven Covey’s Four Quadrants of time management to be the most…
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7 Ways to create healthy cashflow
There are 7 areas which contribute to the length of your Cash Conversion Cycle. Below we’ve given you some ideas on how to begin reducing the number of days in each area and start enjoying better cashflow, today. 1. Accounts Receivable Reduce the time between billing and banking by tightening your Terms of Trade, offering…
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The BE DO HAVE Principle
The Principle The Be Do Have principle explains how, if we move our focus from what we have (or don’t have), to who we want to be – and align our goals and actions with that state of being, in time, we’ll achieve our haves. “When I have, I’ll do, and then I’ll be, becomes, who…
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Got Business Problems?
Running a business can be a struggle, and the prospect of failure can loom large. We’re here to help. Director of Accounting Solutions, Louise Neville, is an established and highly-regarded chartered accountant and business mentor in Christchurch. Her passion is helping reduce – if not removing altogether – the struggles and anxieties experienced by so…
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The Business Cycle
The business cycle depicts the relationship between a business owner’s investments and drawings, the assets used to generate income, the return on assets and cash flow. Changing cash gains and drains can have a massive impact on a business’s performance. Cash Gains Faster Collection Decreases in stock or work in progress Slower payment of suppliers…
