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Re-Forecasting: A Key Tool for Effective Cash Flow Management
I like a good surprise as much as the next person, but a surprise cash shortage, unexpected changes in margin and unanticipated tax costs will make any business owner’s blood run cold. Preparing a cash flow forecast once a year is a good start, but it’s often not enough. Here’s why.
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Unlocking Career Opportunities for Chartered Accountants in New Zealand
Becoming a Chartered Accountant isn’t the final stop in your career, in fact it’s more like the starting point where there are a variety of pathways to choose from. The question is, which one is right for you?
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Top 3 Employee Share Schemes to Motivate and Retain Your Team
An effective way to attract, retain and incentivise your key people is by creating an employee share scheme. We introduce three popular employee share scheme options that every business should consider.
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What is a New Zealand tax resident?
Armed with a favourable tax case the IRD embarked on a mission to tax overseas individuals who still had property investments in New Zealand. According to the IRD they were still New Zealand tax residents…so exactly what is a New Zealand tax resident in their eyes?
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How to Do a Breakeven Analysis and Improve Profitability
Managing profit and loss is all about managing the relationship between costs, volume and pricing. Breakeven is a tool that can help business owners and managers gauge the results of future changes to costs (expenses) or pricing.