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Chartered Accountants

Trusted advisers of all tax compliance and annual accounting issues facing both individuals and small businesses.

Improving productivity

Posted on Jan 27, 2017 by editor

Staying productive in the workplace can be challenging – whether it’s interruptions from colleagues, unnecessary meetings or simply distractions such as social media, it is hard to stay focused on the task at hand. Here are three ways to be more productive in your work day: Take more breaks Although taking more breaks sounds counterintuitive to productivity; breaks provide time to refresh and therefore can improve performance. Break up long tasks by taking a short break at least every hour or so to maintain concentration. Reduce time of meetings Meetings can take up a large part of your work day; […]

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Email etiquette tips

Posted on Jan 27, 2017 by editor

The way an email is composed can say a lot about a business’s professionalism and image. Despite emails being a main medium of contact, many still don’t understand the importance of email etiquette. Netiquette is a term used to describe the correct etiquette when composing business emails. Sending a poorly written email to a client can damage a business’s reputation with the click of a mouse. Here are some points to keep in mind when composing and sending a business email: Think of the tone The tone of an email sends a strong message about the business to the receiver. […]

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Dealing with business setbacks

Posted on Jan 19, 2017 by editor

Bouncing back from setbacks is a key skill for entrepreneurs and business owners alike. Unfortunately, unexpected situations arise from time to time and things don’t always go the way they are planned but how business owners deal with setbacks can be the difference between success and failure. Here are a few things to keep in mind when you are confronted by a setback: Acknowledge the problem When faced with a setback it can be easy to turn a blind-eye. However, denying the problem is unlikely to help you work through it, so address the issue quickly. Consider all the factors […]

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2017 Business Resolutions

Posted on Jan 19, 2017 by editor

The start of the New Year is generally a time to reflect on the previous year’s achievements and challenges and work towards setting new goals. The New Year can offer business owners a powerful motivation for business growth. Whether you want to expand your business or increase your network; goal-setting plays a critical role in achieving success. Here are three business resolutions to consider for 2017: Network, network, network Consider joining a professional networking group or new business organisation to meet like-minded individuals in your industry. A large networking circle can help you access new business opportunities, expand your knowledge […]

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Flexibility for those affected by recent earthquakes

Posted on Jan 19, 2017 by editor

Inland Revenue is providing added flexibility for those affected by the recent earthquakes that may not be able to meet a particular filing or payment date. All customers in affected areas including Wellington, can ask Inland Revenue to grant relief from penalties and use-of-money interest. Inland Revenue is encouraging those who have been affected by the recent earthquakes and are struggling to deal with their tax affairs to contact them as soon as possible. Additional relief is provided for farmers and fishers as the recent earthquakes are likely to materially affect their income for the 2017 income tax year. Approval […]

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Strategies to manage investment risk

Posted on Jan 12, 2017 by editor

Exposure to risk is a big part of investing and although individuals cannot eliminate risk completely, they can implement strategies to manage risk and achieve their financial goals. Managing investment risk is particularly beneficial in times of increased volatility and unfavourable economic conditions as well as ensuring investors meet their long-term investment goals. Here are three ways to manage investment risk: Asset allocation Including different asset classes (i.e shares, cash, property) in your portfolio can help to balance risk and return based on an individual’s age, risk tolerance, goals and investment time frame. As different asset classes will perform better […]

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Creating a digital marketing strategy

Posted on Jan 12, 2017 by editor

A digital marketing strategy is essential in today’s ever-changing online landscape. Digital marketing can no longer be avoided by small business owners as an overwhelming amount of customers turn online to research and purchase products and services. Online marketing channels, such as social media, can be a cost-effective way to reach new and existing customers. Here are a few things to consider when creating a digital marketing strategy: Target audience/s Similar to offline marketing, it is critical to design your digital marketing campaigns with your target audience/s in mind. A researched profile of your target audience/s will help ensure your […]

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Tips for hiring entry-level employees

Posted on Jan 12, 2017 by editor

Hiring entry-level employees is a difficult yet unavoidable task for many employers. Entry-level employees are often essential to fill junior positions in a business and can provide businesses with an opportunity to grow. However, hiring a person with lack of experience and professional referees can often be quite challenging. Here are three tips to consider when assessing entry-level candidates: Create a clear picture When creating a job description, it is important to have a clear image of an ideal candidate. Think of specific strengths, skills and traits the applicant must possess. Creating a profile for the ideal applicant not only […]

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Chris and I would love to write this letter of reference. As business owners for 34 years we know how crucial it is to have the right professional people supporting you.Garry and Helen and their team at BDS Hughes have provided us with their accounting expertise for approximately 25 of those 34 years. Garry’s Business Development Services has taken us from small town business owners and grown us into a company capable of going nationwide and internationally with our products and services. His business acumen and professionalism has provided us with all aspects of accountancy services and financial support and advice. With his team he has given us very sound and timely training, keeping us on track through the highs and lows each year brings. As an ongoing family-based business, we have had the challenge of staying focused and looking to the future for all involved, our business team and family. Business planning and mentoring has allowed us to keep up-to-date and moving forward as well as introducing a succession plan. Garry and Helen share similar family values and know the challenges of fitting work and family time into busy and demanding schedules. We highly value the professional relationship we have built with them over these past years and know we have a lasting friendship as well.
Chris & Shirley HawkingsCEO and COLMad Supporters of Waikato Rugby

Latest news

KiwiSaver benefits

Posted on February 7, 2019 by BDS Hughes

A KiwiSaver account is a great resource for compiling and saving for your retirement and future security. It is a voluntary, government-run initiative designed to help you financially plan ahead, but what exactly are the benefits? Here are a few ways having a KiwiSaver account would aid you throughout your life. Member Tax Credit:This credit depends on how much you deposit into your account each year. The government will pay 50 cents to every dollar up until you’ve reached the maximum government payment of $521.43.The government will help you save by making an annual contribution to your account as long […]

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