It’s a classic Catch 22 for businesses, particularly those offering services. You charge for your time, IP, ideas and advice but you have to give some of it away in order to get the sale.
Read MoreOur working age population is shrinking at the same time as our retirement population is expanding. Talent shortages are on the rise. So employers and workers need to think differently about the nature of work and keeping it sustainable for longer.
Read MoreNow is the time to pause and reflect on the year that has been and consider what you would like to achieve in 2019.
Read MoreAs a manager, you are in a position to influence others. Take change, for example. The way you personally relate to change and cope with it will have a lasting impact on your employees. But before you can help others, you must be able to help yourself. When they see how effectively you cope with change, your staff, too, will see change for what it really is—an opportunity to lead a much fuller and productive life. Here’s what you must do to survive in an age of ongoing change…
Read MoreWhilst the following has been written for start-up businesses, the advice remains relevant for all businesses that are looking to rejuvenate themselves or embark on new ventures. New Year is a good time to take stock of how you are doing in these areas and realign if necessary.
Read MorePayday filing was voluntary from 1 April 2018 and becomes mandatory from 1 April this year. It’s a good time now to confirm that your existing payroll software system is compatible for payday reporting.
Read MoreAfter almost a year long process, the Employment Relations Amendment Bill (Bill) has now passed into law. Looking ahead, this will create significant change for 2019. The Bill comes into force in three parts over the next 6 months as follows…
Read MoreInland Revenue have established specialist teams at various District Offices to review non-compliance for income tax, and possibly GST, by providers of Airbnb and other short-term accommodation. It is relatively easy for Inland Revenue to establish that income from short- term accommodation has been earned.
Read MoreIt has been said that service management is a total organisational approach that makes quality of service, as perceived by the customer, the number one driving force for the operation of any business. But so often managers pay only lip-service to customer service— they're too tied down with the day-to-day concerns of production, union negotiations, meetings, paperwork, budget, and personnel matters. What can you do to improve your organisation's service? Why not start with these basic ideas…
Read MoreChoosing to discount or raise prices is going to create a ripple effect that will impact other areas of your business. But how and to what extent?
Read MoreEarlier this year, it was revealed that thousands of government employees had been receiving less holiday pay than their entitlement. So, you guessed it, a task force was set up to look at simplifying the system with change anticipated next year. In the meantime, we remind you, as always, about your obligations for the Holiday Season. Refer also to the 2018 tax change on Page 17 under From the IRD in Brief.
Read MoreMarketing has changed a lot over the years, it’s happened so quickly, and I predict it’s only going to get faster from here. So what will the next stage look like?
Read MoreA business owner entered into a long-term supply contract with a large New Zealand company. After two years, the business owner began losing money because the company’s charges became too high. Frustrated, the business owner sent a letter to the supplier company stating that he was switching to a cheaper provider and that the supply contract was cancelled.
Read MoreIn a case just come to light, a couple by the name of Daniel and Loretta Smith were successful in proving that their employer, Stuart Muir, had unjustifiably dismissed them due to relying on a defective 90- day trial clause and conducting an unfair process, but were awarded no damages pursuant to Section 124 of the Employment Relations Act 2000, due to “disgraceful and egregious conduct”.
Read MoreWhen dealing with a company that has several directors, there’s a misconception that a single director can bind the company.
Read MoreYou know the drill. You take the team on an away day to hash things out and smash through the stuff you can’t achieve while in the office. A lot of words are said. Not a lot is done.
Here’s how to avoid wasting everyone’s time. An offsite is a smart way to see beyond the day-to-day tasks, unchain your team from their desks and open up their creativity. Such unrestrained creativity can be fun. But ultimately, unproductive. So how do you avoid the pitfalls of an offsite meeting while harnessing their awesomeness?
Read MoreThe government Tax Working Group (TWG) has issued its interim report on tax reform. Chair, Sir Michael Cullen says “We have made some good progress in setting out the main choices and options – but there is still a great deal of work to do before we provide our Final Report in February.”
Read MoreI confess that I invariably regard management fees between associated persons or related parties with some skepticism, even though I have not worked for Inland Revenue for nearly 24 years. Are the fees legitimate payment for services provided, a legitimate tax planning tool, or a mechanism to transfer funds as there are no viable alternatives?
Read MoreReignite the Passion
Read MoreHelping companies increase their sales across New Zealand continues to be a source of great satisfaction. Here are some things that I’ve learnt...
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