RightWay New Zealand

Why outsourcing your bookkeeping is better for business

11 June 2019 / By RightWay Ltd

As a Kiwi small business owner, you probably started out doing the bookkeeping yourself. Or perhaps it was someone in your team who’s ‘good with numbers’. But as your business grows, it gets harder and more complex to keep up with the paperwork. Mistakes happen – sometimes expensive ones. And you ...

Financial forecasting, decision making, and being better than cats

14 May 2019 / By Isaac Gommers

Most human beings are natural forecasters. Our ability to think ahead when making decisions is one of the things that set us apart from other animals. For example - when a cat sees some food, the cat generally eats the food, without much delay

Budget planning and cash flow management

1 May 2019 / By RightWay

No one said running a business would be easy but getting the basics right helps you stay in control. Having your finger on the cash flow pulse as well as working on your budgeting plan both serve a very useful purpose - keeping your business financially healthy.

Kicking off the new financial year

5 April 2019 / By RightWay

Like any new year we all start off with good intentions but how far we take those intentions or resolutions is often the difference between success and failure. Setting goals for the year ahead takes some planning but if we want to achieve our goals, both personally and professionally, there’s no ...

NZ Laws to consider when starting a business: Part 2

8 March 2019 / By Desley Grant

This blog is the second instalment of our New Zealand business laws and regulation series delving into everything you need to know about starting a business. In part one, we talked about your business name, structure, and what you’ll need to register for.

NZ laws and regulations to consider when starting a business: Part 1

25 February 2019 / By RightWay Ltd

You’ve got talent and drive - that’s how you’ve gotten as far as you have, and now you're ready to go out on your own. Starting a new business is exciting, but there’s a lot of planning to do before you open up shop. While you might have some of the basics covered - you probably have an idea of who ...

Payday filing, the easy way

10 February 2019 / By Desley Grant

When you’re running your own business, it’s important to get your financial processes set up properly. Getting it wrong - or delaying the task - can become a costly mistake.

Cash Flow Trends to Look Out For.

6 February 2019 / By Desley Grant

As a small business owner, you’ve learned how important healthy cash flow is. Understanding how to develop and maintain that cash flow, however, that's another story. Payments aren’t coming in, but your debtors are still going to call. You need systems and processes in place. We've talked about the ...

5 business strategies you should focus on in 2019

23 January 2019 / By Desley Grant

The New Year is a great time to reflect on the successes and failures of the year. Maybe you muddled your way through 2018 and you’d like 2019 to be better planned and a little less out of control. Well, the New Year’s a time for fresh thinking and opportunities, so get excited about how good 2019 ...

Top small business strategies for 2019

9 January 2019 / By Desley Grant

Today’s industries evolve at lightning speed. Whether you’re struggling to complete a plan or you’re relying purely on skills and luck, you can’t afford to fall behind the changing market.

Forecasting 101: Improving your accuracy - Part 2

20 December 2018 / By Desley Grant

In our last blog, we discussed the first four ideas on how you can improve your forecasting accuracy. Today, we delve into the next four.

Forecasting 101: Improving your accuracy - Part 1

14 December 2018 / By Desley Grant

Forecasting is a necessary part of any business plan. However, the process of putting an accurate plan together is often misunderstood.

The small business owner’s holiday survival guide

3 December 2018 / By Desley Grant

It’s the end of another calendar year, let’s celebrate our successes! There were moments when it felt shaky, but you persevered. Congratulations to small businesses who’ve made it through.

What you need to do before writing a business plan

15 November 2018 / By Desley Grant

While you can articulate your goals, you don't have a complete a plan to get there, particularly around forecasting and reporting. Perhaps you're also in need of better support and information but you're not sure how to get the right help.

Why you should be thinking about your exit strategy now

8 November 2018 / By Desley Grant

Planning for the future allows you to communicate your goals and build value into your organisation. But when you're just starting your business, you're not exactly thinking about the end game.

Quick success tips for start-up business owners

31 October 2018 / By Stuart Wilkinson

Success! When you're starting a business, that's all you can think about - the light at the end of the tunnel. But how are you going to get through that tunnel?

Why is performance measurement important to the success of your business?

30 October 2018 / By Desley Grant

It’s frustrating to know you’re capable of more, but you can’t seem to achieve it. Perhaps the lifestyle you’re working towards is slow to materialise. Whatever your motivation, the overall goal for any business owner is to be successful.

The quickest way to set your business' goals

20 October 2018 / By Desley Grant

You’ve been trying to determine the path your business should take, but it’s more difficult than you expected.

Fending for yourself is overrated

11 October 2018 / By Rachel Harris

For a busy small business owner it’s easy to find yourself constantly head down working ‘in’ the business, not ‘on’ the business. There’s never enough time to do everything you need to do. Sound familiar? We get it.

Law change: Anti-money laundering and countering financing of terrorism

5 October 2018 / By Inland Revenue

If you provide certain financial services as a part of doing business, you have to safeguard yourself against money laundering and financing terrorism. This might include changing how you ID customers. This law change applies to real estate agents, conveyancers, many lawyers and accountants, and ...

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