Paul Wilton | FBA Editor
Paul Wilton (Editor)
CA with degrees in commerce, accounting and information technology. Paul worked overseas in the “Big 4” accounting firms and served as a director at Audit New Zealand before setting up his own consultancy. Author of A-Z of New Zealand Business Law, Paul has over 20 years of experience as a business owner and consultant. He joined FBA in 2004 and is totally committed to providing excellence in quality and value to our subscribers.
Contributed Articles
The 12 New Zealand privacy principles that have underpinned our legislation since 1993 have been increased to 13 principles and some of the principles have been changed…
Here, we remind you of your obligations for the upcoming Holiday Season.
This year, most businesses have had staff working from home. Some have found that this has worked well for them and may be thinking of adopting or adapting this model either fully or partially on a more permanent basis. You would not be alone if this applies to you. The movement towards working remotely is set to continue.
These traps and mistakes are common to many entrepreneurs and small business owners
In these circumstances, the employer must allow the employee to convert the annual leave to bereavement leave if the employee wishes to do so (Section 37 of the Holidays Act 2003).
The first and last thing that I will say about that in this article is this: There are many realistic scenarios that could pan out over the coming months, some much more positive than others, but if you prepare for the worst you will be well-placed to tackle whatever comes your way. Here goes…
The times they are a-changing. Some businesses will be frantically working to get back up and running. Others will be champing at the bit, but still have some time on their hands. Whatever your position, do try to set aside time at some stage to pause and assess how it went. Seize the moment and opportunity to learn from the lessons of the past several weeks and see if they can provide a lasting benefit for your business.
In just a couple of days New Zealand will be returning to normal....or will it? Whilst we can be very grateful to live in a country that has put the health and lives of its people first, the impact has been huge and there are bound to be changes.
Covid-19 has brought into focus the importance of understanding your business and its potential. To illustrate a point, consider the following hairdressers…
If you export goods and services, you may face hurdles doing business with overseas customers. For example: Cancelling contracts or defaulting on payments, along with day-to-day issues, like managing working capital, securing bank guarantees or funding growth.The New Zealand Export Credit Office (NZECO) provides a range of trade credit insurance and financial guarantees backed by the New Zealand Government to help businesses secure export sales, manage payment risk and access finance via your bank.