RightWay New Zealand

Get certainty over your cash flow with AIM

19 April 2018 / By Desley Grant

If you've ever felt the pain of paying tax on predicted profits, you can breathe a sigh of relief. Pay-as-you-go for small business landed on 1 April 2018, and it'll save you a headache. It's called AIM, short for the Accounting Income Method, and it's a good thing for small businesses, sole ...

Get certainty over your cash flow with AIM - the new method for calculating provisional tax

12 April 2018 / By Desley Grant

Managing the finances of a small business is hard work. So if you've ever felt the pain of paying lump sum taxes in advance, we have good news. AIM landed on 1 April 2018. It's pay-as-you-go for small business. It will make provisional tax payments easier on the cash flow of your small business. ...

Give your cash flow a warrant of fitness

5 April 2018 / By Desley Grant

Cash is king when it comes to the financial management of a growing company. A healthy cash flow allows you to operate and carry out finance, business and investment activities. Without it, you simply can’t function.

Goal setting for your start-up, and how to get it right

29 March 2018 / By Desley Grant

Not all business goals are created equal, so getting this aspect of your business right will help you fast-track success, bringing balance to your work and personal life.

A goldmine of free business advice on our YouTube channel

22 March 2018 / By Desley Grant

We want to help all New Zealand businesses be the best they can be, whether you already work with us or not. To give you a taste of what RightWay offers, we’ve made a library of video content available on our YouTube channel.

A 9-step feasibility test for your new business idea

16 March 2018 / By Desley Grant

Perhaps it was a flash of inspiration or it’s something you’ve been thinking about for a long time. Whatever the origins, your new business idea is a guaranteed success.

[Video] Leave the daily grind behind and watch your business soar

8 March 2018 / By Desley Grant

You’ve built a great business. You’re proud of what you’ve achieved and are excited about working towards your next financial goals. There’s just one problem: you have so little time on a day-to-day basis that you’re not sure how you’ll turn those goals into reality. As a business owner, it’s easy ...

The trap of micromanagement vs The freedom of delegation

1 March 2018 / By Desley Grant

The most productive managers are those who delegate - allowing them to save time, reduce pressure and increase their value as a leader. In this blog post, we show you how.

Let’s do VoIP the RightWay

26 February 2018 / By Cradle

The Cradle team (above) RightWay was founded in the wake of Xero’s early success as a new way for businesses to learn from their financials. Previously, your accountant was this slightly annoying person who showed up once a year to give you bad news (that you need to be better with your ...

Plan your exit early

23 February 2018 / By RightWay

Often when I meet business owners and I ask them when they plan to leave their business, they look at me with shock and confusion. Responses are generally along the lines of “My business is only a few years old, I am not exiting!” or, “Oh, I don’t know – maybe 20-30 years, I have no plan.” One of ...

How to set quality standards that build company-wide success

22 February 2018 / By Desley Grant

Quality standards and key performance indicators (KPIs) enable a business to track and monitor its operations. Ultimately, the growth and success of your company will largely be determined by the consistency of its results, so you and your team need to be working towards common goals.

Change focus and watch your business grow

14 February 2018 / By Desley Grant

Building a thriving business doesn’t have to depend on the owner working longer and longer hours themself. In fact, to reach that elusive ‘next level’ everyone’s always talking about and start achieving your personal financial goals as a business owner, it’s essential to move away from your daily ...

How to maintain focus on the 'big picture' of business ownership

8 February 2018 / By Desley Grant

It’s easy to get lost in your work. When your day-to-day job takes up all of your time however, you’re not seeing new opportunities, considering growth strategies or asking yourself the difficult questions. Put simply, you’re missing the all-important big picture for your business.

How to work 'on', rather than 'in' your business [Infographic]

1 February 2018 / By Desley Grant

The first in a six-part blog series about how to work 'on' your business rather than 'in' your business, this post shows you how to create a thriving business while achieving your personal financial goals. Instead of working harder, we'll show you how to ask yourself the right questions and put ...

The top 4 reasons you need a business advisor

25 January 2018 / By Desley Grant

Behind every successful athlete is a great coach, and success in business is no different. Analyse any top business around the world and you’ll find they have one thing in common: their success is a collaborative effort which relies on getting the best advice and guidance in key areas of their ...

Cash flow forecasting - the best thing for your business in 2018

18 January 2018 / By Desley Grant

Cash flow forecasting is one of those things can slip down your priority list as a business owner, often due to a blinkered focus on finding ways to improve profits.

What KPIs should your business use?

11 January 2018 / By Desley Grant

One of the most important buzzword acronyms thrown around the business world is “KPI”, or key performance indicator. Yes, you’re likely to have heard of KPIs. But, are you crystal clear about what they are? In this blog post we clarify what exactly a KPI is, and even more importantly, help you work ...

6 all-important factors when prepping your business for sale

20 December 2017 / By Desley Grant

The decision to sell your business is a big one. If you’re considering putting your business on the market rather than passing it onto the next generation, it requires careful thought and preparation. After all, you’ve put countless hours of hard work into growing your company and selling it should ...

Claiming expenses when away on business

19 December 2017 / By Inland Revenue and RightWay

What you can claim In general, when you’re away from home you can claim for: flights taxis, or mileage if you use your own car for business travel accommodation meals and snacks.

Ways to get your invoices paid on time

14 December 2017 / By Desley Grant

Invoices – they’re a part of everyday life for small business owners. In our last blog post, “Demystifying your invoicing terms (Part 1 of 2)” we helped define some of the most common invoicing terms, that quite often confuse new business owners. Now that you have this understanding under your ...

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