The holiday season can be a whirlwind for businesses, but it doesn’t have to overwhelm you. Effective holiday season budgeting is crucial for maintaining your peace of mind. Here are some essential cash management tips to keep your business afloat during the festive season: 1. Forecast Your Financials: Start by estimating your expected sales and […]
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Did you know that 80% of small businesses fail due to poor financial management?
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Thereโs a handful of really important things to remember if you own a property that you rent out for short term or holiday accommodation using Airbnb or bookabach.co.nz or holidayhomes.co.nz etc, and ๐ฒ๐จ๐ฎ ๐๐ซ๐ ๐๐๐ ๐๐๐ ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ๐๐. By all accounts these rules are tripping a few people up, so here some things to keep in mind:
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As a small business owner, you wear many hats. But bookkeeping doesn’t have to be one of them. Hiring a bookkeeper can help you:
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DEBTOR MANAGEMENT – YOUR BUSINESS MATTERS
Do you have good policies in place to manage outstanding debt?
How often do you follow up overdue invoices?
Read the tips below to help set up simple but highly effective debtor management systems for your business.
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Separate personal bank account for business transactions. Itโs not strictly speaking necessary, but itโs a good idea. Why?
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