RightWay New Zealand

COVID-19 income subsidies - latest modifications

26 March 2020 / By RightWay Ltd

Since the initial business support package was announced, there have been some significant updates, including a total nationwide investment of between $8 billion and $12 billion, depending on the uptake by businesses. We're going to look in more detail at the wage subsidy and what that leave ...

Business actions during COVID-19

19 March 2020 / By RightWay Ltd

The COVID-19 outbreak is at the front of many people’s minds right now, especially for business owners. A recession in New Zealand is now almost certain so we’re here to help business owners as they navigate these challenges.

RightWay packages and pricing

17 March 2020 / By RightWay Ltd

People often ask us why we don’t have prices on our website. This is because unlike many old school accountants we don’t charge you by the minute. We put together a plan that fits with you with ongoing support, and charge a monthly fee for that.

Question & answer time with your accountant - part 2

25 February 2020 / By RightWay Ltd

We covered off some of the ways your accountant can help you in your business in part 1. Below we continue to cover some of your most burning business questions.

Question & answer time with your accountant - part 1

5 February 2020 / By RightWay Ltd

There’s no argument that every good accountant should help you stay on top of your tax obligations. But how can your accountant go beyond this? Can your accountant help you take control of your cash flow, your strategic direction, or even simply your work-life balance? The answer is yes! Your ...

Ring fencing rules now in effect

9 December 2019 / By RightWay Ltd

Changes that limit the offsetting of rental property losses against individual income are now in effect and apply from the 2019-20 tax year.

Top tips to manage misbehaving staff in your business

9 December 2019 / By Rachel Harris

Business owners often come to me when they’ve had someone behave poorly in their business, to the point that it would be considered misconduct. Often the owner has never considered that misconduct would ever be an issue in their business and now it’s the only thing they can think about! I’ve worked ...

Top 30 accounting firms in New Zealand 2019

26 November 2019 / By RightWay Ltd

This November RightWay was ranked 18th in the CAANZ and Fairfax Media Top 30 Accounting firms in New Zealand. What an achievement! The list aims to benchmark accounting firms across the country on revenue, pro bono hours, gender diversity, and innovation. We’re continuously aiming to innovate and ...

The better business guide to Xmas borrowing

14 October 2019 / By RightWay Ltd

The summer holiday is usually a time when we get together to eat good food, enjoy special moments with whanau, and have a classic Kiwi holiday involving a beach, bach or boat. It’s also a time when your business cash flow is mainly heading out of town too. To avoid the December to January squeeze, ...

The why and how of better business forecasting – part 2

10 September 2019 / By RightWay Ltd

In part 1 of this two-part series on forecasting (we’ll wait for you while you read it), we discussed why it’s important for any size or type of business to get into the habit. Then we looked at four ways to help improve your forecasting accuracy. Today, we delve into the next four. In part 2, ...

The why and how of better business forecasting – part 1

10 September 2019 / By RightWay Ltd

You might see forecasting as a waste of time, or something you do when you have absolutely nothing else on your plate (which is, um, never). Or you may have been diligently forecasting each month in the past, and stopped once you found that reality turned out quite differently to your best laid ...

Don't resist change - embrace it!

10 September 2019 / By Rachel Harris

One of the most common employment-related enquiries we get comes from a business owner’s desire to change the way in which they work. Most often the conversation starts with “I have a person I just no longer need – what can I do?”. Sometimes a business has grown quickly and roles or skills need to ...

Does your accountant look beyond the numbers?

27 August 2019 / By RightWay Ltd

As a business owner, your relationship with your accountant might be pretty transactional. And while your accountant may only be focused on completing your annual accounts and sorting your tax obligations, there are huge benefits to choosing a team who look beyond the numbers. Commonly, the ...

Xero Heroes: RightWay named National Partner of the Year finalists!

15 August 2019 / By RightWay Ltd

6 smart strategies retailers should take on board

18 July 2019 / By RightWay Ltd

At RightWay, we admire our retail customers for their energy, grit and creativity, and love to see them succeed. And collectively our team has had tonnes of experience at helping them do just that. Here, RightWay Business Partners, accountants and bookkeepers have put together six key strategies to ...

Is your business idea feasible? The 9 questions you need to ask.

11 July 2019 / By RightWay Ltd

Your big, bold business idea. So bright and shiny, it’s been keeping you up nights. You’ve shared your excitement with (trustworthy) friends and family. And you can’t wait to bring it to life.

The 5 things to look for when outsourcing your bookkeeping

2 July 2019 / By RightWay Ltd

Bookkeeping is a bit like oral hygiene. It’s important to keep up with it, and do it properly. If you don’t floss for a day or two, you probably won’t suffer. But let it slide for a few months and there could be a big dentist bill in your future (not to mention some real pain). Swap ‘dentist’ for ...

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.

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