Who knew that sticking to business goals could be so tough? Things get in the way and the money stretches thin. Before you know it, things are slipping through the cracks. If you lose sight of the long-term business plan and adopt a reactive, day-to-day approach, you're setting your small business ...
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You shouldn't judge a book by its cover - or a business by the number of customers coming through the door. That's because the health of a business is not always obvious at first glance. There's action behind the scenes, so there's always more to tracking business performance than meets the eye.
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You've put blood, sweat and tears into realising your small business vision. Whether you're just getting off the ground or you're doing well, you know that you can achieve so much more. It's a frustrating truth every new business must face.
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It's tough enough to get a new business off the ground, let alone make it successful. Small business owners and entrepreneurs are some of the hardest workers around.
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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 ...
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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. ...
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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.
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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.
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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.
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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.
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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 ...
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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.
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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 ...
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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 ...
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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.
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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 ...
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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.
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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 ...
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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 ...
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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.
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