What is Provisional Tax, and how does it work?

By |2023-04-18T08:31:59+12:00April 19th, 2023|Business Advice, General|

The IRD introduced provisional tax to help individuals and organisations manage their tax obligations throughout the year rather than having to pay a lump sum at the end of the tax year. The amount you must pay, and when you need to pay, varies from person to person and business to business. To ensure

Business owners – believe in yourself and good things will follow

By |2023-03-24T15:54:48+13:00April 5th, 2023|Business Advice, General|

Small and medium-sized enterprises are the backbone of the New Zealand economy. But being a successful business owner is no mean feat. Starting and running an organisation requires hard work, dedication, resilience, and a healthy dose of self-confidence. Inevitably at some point, we all experience "a wobble" when self-doubt creeps

What your business data can tell you

By |2023-03-15T11:12:33+13:00March 22nd, 2023|Business Advice, General|

The software you use for accounts, sales, purchases, marketing, HR and other management processes (aka your "app stack") generates a goldmine of insightful data every day. The trick is to recognise and learn from those oh-so-important information nuggets. #digitaltransformation #businessdata How do you record, measure, and analyse the data being generated by your business?

The cost of slow payers

By |2023-01-31T16:42:52+13:00March 8th, 2023|Business Advice, Cash and Cashflow, General, Strategy|

Customers that stretch out how long it takes to settle their bills are costing you more than time and frustration. However, increased electronic connectivity between small businesses, accountants, and financial institutions coupled with cloud accounting and traditional methods can help your debtor management. As with any relationship, timely communication between creditors (suppliers) and debtors

Delegation versus abdication – are you an effective delegator?

By |2023-01-31T14:45:44+13:00February 22nd, 2023|Business Advice, General, Strategy|

How often do you get to the end of a work day and wonder where the time went? You barely dented your to-do list, let alone completed it. Delegation, either to internal team members or external contractors, is a great way to free up your precious diary space. But is it that simple?

Key numbers to focus on in your business – today!

By |2023-01-31T13:11:08+13:00February 8th, 2023|Business Advice, Cash and Cashflow, General, Strategy|

At Pathfinder Solutions, we're chartered accountants and seasoned business mentors. Therefore, we often help clients identify the crucial business reports they need to focus on. Here's an overview of how to track performance, take action, and prepare your company for surviving the new business normal (whatever that might be!) To

What’s your business worth?

By |2023-01-31T12:47:26+13:00January 25th, 2023|Business Advice, General|

Your business should be one of your biggest assets – but what’s it actually worth? Whether you want to sell your business, adjust the ownership, borrow, or calculate your net worth, a business valuation can be extremely useful. Figuring out a dollar value means factoring in lots of variables, but earnings and assets are

Defining your unique selling point

By |2023-01-11T08:08:05+13:00January 11th, 2023|Business Advice, General, Marketing, Strategy|

Why should your customers choose you over your competitors? Establishing your unique selling point (USP) is about uncovering and communicating the real benefit you offer customers. #marketing #businessadvice #SME Making your business stand out in a crowded market can be challenging, but differentiating your business is vital for attracting your "Class A"

Are you ready for the next stages of the plastics ban?

By |2022-11-24T15:37:26+13:00November 30th, 2022|General|

New Zealand is in the process of reducing the sale of single-use plastics. Each year, Kiwis send 60kg of plastic waste to landfill each, so the new rules are designed to reduce waste, improve recycling systems, and protect the environment. You may have noticed the changes that came into effect on 1 October 2022

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