Staying competitive puts your business ahead of the pack. Here are some thoughts on how to remain competitive and maintain your leading edge over the competition.
How to stay competitive in your industry Read More »
As the holiday season approaches, take some time to think about how you want to organise your business operations over the summer. Confused about holiday pay calculations or unsure how to interpret entitlements showing in your payroll system reports? Call us, we are here to help.
Five things employers should consider in early December Read More »
With a bit of pre-planning and being proactive, you can go into the holiday season feeling relaxed. We’ve got tips to minimise the stress of cashflow over the holiday period. Talk to us if you’re concerned.
Holiday cashflow for your small business Read More »
Interested in hiring migrant workers? Applications are now open to become an ‘accredited employer’, which allows you to employ migrants using a new Accredited Employer Work Visa. The Accredited Employer Work Visa (AEWV) replaces six other work visas and should help streamline the process of employing people from outside New Zealand. It can also help
You can now apply to become an accredited migrant employer Read More »
Do you already track your gross and net profit but are at a bit of a standstill on how to increase profitability? Think about the relationship between business profit and productivity. You can increase profitability if you produce more and pay less for what you need to produce and sell your goods or services. It’s
Profit improvement and productivity Read More »
Are you considering investing in a new way to make your business more productive or streamlined? With a tight labour market, everyone’s time is at a premium – so finding ways to maximise productivity has never been more important. But it can take considerable funds to pay for a new website, ecommerce platform, software system
Weighing up a big investment in your business Read More »
When you’re in business you tend to know the main forces that either compete with you or work with you. For example, your main competitors, your suppliers, your buyers. There are so many factors that can impact profitability of a business. According to the Porter’s Five Forces framework, there are 5 forces that can help
What are the forces driving your industry? Read More »
Do you know what’s happening with cash flow for your business right now? How about six months from now? Cash flow monitoring and forecasting are essential to keep your business heading in the right direction. There are so many priorities in the working day, it can be hard to stay focused on what’s happening with
Managing your business cashflow Read More »
It’s a given that you’ll want to maximise your business income. Sometimes, however, when factors outside your control are limiting your income, rethinking your costs might be where you can shift your outcomes in your favour. Whether the market’s in an upward or downward cycle, good systems for tracking and controlling costs will help your
Cost Control for Businesses Read More »
We have many years experience helping our clients looking to buy or sell a business. Talk to someone at Engine Room Accountants who you can trust to ensure you’re set up to take on a viable business.
Selling your business? Top 3 things to consider. Read More »
