Bookkeeper vs Accountant?

  As a small business owner, you know the importance of having someone take care of your finances, especially when doing taxes.  Let’s face it, you started your own business to do what you love, not be bogged down with figures and numbers. So, have you ever wondered what the difference is between a bookkeeper […]

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Should you be registering for GST?

Have you started a small business and want to know more about your GST options? Well, look no further.  GST (Goods and Services Tax) is a tax that is added to most goods and services usually at a rate of about 15%. If you sell goods or services then you may want to look into […]

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Bookkeeper and Accountant

The Difference Between An Accountant And A Bookkeeper

As a business owner, you know that you need an accountant. After all, who will do your taxes at the end of the year without a numbers whizz? But then, the term bookkeeper gets thrown in the mix… what do they do? Bookkeepers and accountants both look after the various aspects of your business finances. […]

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Profit and Loss

How To Read Your Profit and Loss Statement Correctly

Financial reports can be a bit overwhelming. With columns of numbers everywhere, coding, and subtotals, it is hard to decipher what they all mean. But your profit and loss statement is a pretty key report to understand. If you only learn about one aspect of financial reporting, then your P&L is a good place to […]

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Key Metrics In Your Business

Key Business Metrics You Should Be Monitoring

Do you know how healthy your business is? Could you say with confidence how much money is in your surplus budget, that all of your expenses are accounted for, and that there is little chance of a nasty surprise popping up? If you answered no to any of that, you need to be monitoring aspects […]

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Is Business Tax Really That Scary

Is Business Tax Really That Scary?

T… A… X. Three little letters that can strike fear into the heart of any small or medium business. And what about all those other acronyms… FBT, GST, IRD, ACC, and PAYE. But is tax really all that scary? Your business tax does not have to be an unsolvable mystery. Let’s have a look at […]

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