How much does it cost to hire an accountant for a small business?

Even in your average small business (1-3 employees, less than $500k turnover) there will be a broad range of options for accounting and finance including getting specialise setup, tax structuring advice, finance systems and processes together with the everyday bookkeeping and accounting functions.

Is an accountant needed for a small business?

An accountant can offer comprehensive startup and ongoing small business advice, while making sure tax compliance is prepared and filed with the relevant authorities on time.

What is the role of an accountant in a small business?

Being a business owner can be a tough job, and it’s good to have a trusted advisor to lean on in times of complexity or uncertainty. An accountant will be able to help you navigate your business through these times, and help keep compliant with relevant tax authorities.

Xero is an integrated accounting platform that can complete all small business invoicing, receipts, bank transactions and reporting for the IRD. Being cloud based means your advisers can have access to your information in real time.

Is Xero Accounting any good?

Xero is a great tool for small businesses as it gives you real time access to the financial data of your business - information we couldn’t imagine being in business without.

Should Your Startup Have an ESOP?

October 2, 2015 Simon Manawaiti

In the fight for really good employees, it’s getting harder and harder to compete. Startups do have a secret weapon though when competing for talent with big businesses - an Employee Share Scheme (ESOP). More startups are implementing Employee Share Schemes to attract and reward talented staff.

Freelancers: How should I charge?

September 25, 2015 Simon Manawaiti

When starting out as a freelancer or contractor there are many questions that need answering: what are going to do? what are you going to be called? where are you going to be based? Today I want to look at the most important of all: How are you going to charge?

Exploring Your Profitability Gap

September 11, 2015 Simon Manawaiti

When discussing financial results with business owners we often find that owners expect a certain amount of profit from their activity. It's useful to test this to the "real world" scenario and see how you can improve (reduce) this gap.

Three more uses for Xero expense claims

August 28, 2015 Simon Manawaiti

Expense claims in Xero are great for staff and founders to claim business coffees, other entertainment or other office stuff purchased on a personal card. Rather than look at how to complete an expense claim, today we look at three other ways an expense claim can be used.

Tax & Motor Vehicles

August 22, 2015 Simon Manawaiti

Looking at different options for employees or shareholder/employees to get around. We give a helicopter view of the three popular options available.

Tax on Crowdfunding

August 14, 2015 Simon Manawaiti

Looking at the tax implications on Rewards-Based Crowdfunding Campaigns, what to do about it, and whether your contributions to Crowdfunding Campaigns are eligible for a tax rebate.

How does Kiwisaver work for Startups?

August 7, 2015 Simon Manawaiti

We’ll look at whether you’ll be automatically enrolled if you start a company, whether you get the same benefits as an Employee, what a member tax credit is and how you pay Kiwisaver if you are a founder.