RightWay New Zealand

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.

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 ...

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