As we're hitting week three of the nationwide lockdown, it's a really good time to assess where you're at with your business, and start to look at how you could operate at the different alert levels. We covered managing your cash flow during COVID-19 here, hopefully you've put in place some steps ...
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To be feeling nervous about your business (and in general!) is not only normal, but to be expected under the current situation. Not knowing how long this lockdown will last is the hardest part of it.
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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 ...
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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.
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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.
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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.
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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 ...
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Changes that limit the offsetting of rental property losses against individual income are now in effect and apply from the 2019-20 tax year.
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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 ...
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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 ...
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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 (especially after the year we have all ...
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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, ...
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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 ...
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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 ...
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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 ...
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Xero Heroes: RightWay named National Partner of the Year finalists!
15 August 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 ...
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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.
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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 ...
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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 ...
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