Our annual scholarship workshop day has been, and the reception from the participants showed that they were all "raving fans!"  Without exception the "very useful" box was ticked on every feedback form!

Do we as business owners take time to work on our business and on our attitude? 

It all comes down to choice.  We can choose to have a good attitude at work, or a bad attitude.  We can choose whether we want to make a difference or not to our lives, and our businesses.

If you are unhappy with the results you are achieving, have you made a conscious choice to attempt to make a change?  Read more…

Are you brave enough to tackle the bad or the ugly in your business?

Should you admit that at times you are the handbrake or that you create the bottleneck?

Are you still doing things in your business that you know you shouldn't?

If you keep doing the same things, don't be surprised when you achieve the same result.

Whatever it is upsetting your day, slowing your business down, taking your time up or feeling you need to clone yourself - tackle the problem head on! Read more…

Overseas Income

 If you receive overseas income and are a tax resident in New Zealand, you shall be taxed in New Zealand on your worldwide income.

 Tax Residence

 In New Zealand, a person's liability for income tax depends on the person's residence status.  The concept of residence for tax purposes is based mainly on the "permanent place of abode" test or on a quantitative test. Read more…

 

In the news the other day, a representative of a child care facility that was struggling financially was complaining that there were at least 30 child care providers in the Mount Eden area in Auckland and something should be done?  Be done by whom I ask? Read more…

A short practical guide to achieving the best price for your business.

 

If you have thought about selling your business, you may or may not know what to do next.  How do you prepare and present your business for sale to achieve the best possible price?

The process includes:

 

A.    Why are you selling?

       To sell your business you have to have a buyer.  A buyer will buy for his reasons, not yours.  Your attitude and what you say can drastically de-value your business.  Comments like "the place can't run without me" will make any potential buyer run to the hills or they will drastically reduce their offer price.

       You need a genuine reason for the sale.  Buyers will not pay top dollar for a business that is broke.  By broke I mean in the way of making losses or without systems, contracts and a future. Read more…