We have officially entered a recession, with the Gross domestic product (GDP) falling by 0.1 per cent in the first quarter of 2023, and the RBNZ is ready to raise interest rates again if necessary. As we navigate through these challenging times, there are predictions that our country may emerge from this recession. However, […]
As a business owner, whether you are just starting out or have been in business for a while, you know that running a successful business requires more than just passion for your product or service. It also requires a solid understanding of financial reporting. Running a business without financial reporting is like a ship without […]
We’ve been hearing the word inflation used a lot over the past few months, but what does it actually mean and how does it affect you and me? You might think that inflation just means things cost more, and in simple terms that is correct. The problem arises when your income doesn’t rise in […]