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Chartered Accountants

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

Strategies to put an end to negative office gossip

Posted on Sep 24, 2018 by admin

Negative gossip in the office is something that is harmful both to your business and to the employees. Whether it encourages individuals to seek work in a less toxic environment, slows down productivity, creates friction between team members or morphs into a legal problem with accusations of bullying and harassment, it is something that managers should put a stop to as soon as possible. Walk the walkIf you are a manager, employees look to your actions as what expectations of behaviour are in the workplace. If a manager is ever seen engaging in the behaviour, they prohibit this acts to […]

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How to make the most of your networking event

Posted on Sep 14, 2018 by admin

Whether networking events are a perk of your job or a necessary evil, they are an inevitable part of the business. What you have to remember is that networking events are an opportunity to find a new job, expand your business network and share your ideas. Whatever your agenda there are a few useful tips and strategies to remember to ace the event and put you on the path to kick career goals. Set a goal for the event It is essential to know your aim for the event to prevent time wasting and present a purposeful appearance. Setting a […]

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When to get a business partner

Posted on Sep 14, 2018 by admin

Starting and running a business can be a lot more fun when you are working with someone you like and respect. With a partner, you have someone to share the excitement and risks of running a company; someone to bounce ideas off of; to help shoulder the financial and workload burden. But partnerships have their perils. Over time, partners are likely to have disagreements, resentments, changing goals and lifestyle choices. Partners may also have conflicts about how to spend money, who to hire, which direction to take the company. When partners do not get along, the business inevitably suffers. Before […]

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Strong leaders ask for help

Posted on Sep 6, 2018 by admin

There is no weakness in a leader who asks for help. Maintaining success in your small business requires you to seek advice from your employees on a range of matters. However, it is important to ask for help in the right way, so your team does not lose confidence in your leadership ability. You need to communicate that you are asking for input or advice rather than help because you are floundering. Consider these ways when asking for advice from an employee: Ask a ‘specific’ question Avoid asking a vague question and get specific. What exactly do you need from […]

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Strategies to attract high-end customers

Posted on Sep 6, 2018 by admin

Maintaining a stable revenue is essential to keeping your small business afloat – which is why attracting high-end customers is the most effective way to grow healthy profit margins. The difference between a high-end customer and a regular customer is simple. A high-end customer has no problem paying on time and the cost involved. Rather, they care more about receiving the highest quality of a product or service available. Consider these strategies to attract high-end customers to your business: Quality must match the price You must be worth the price you charge. To attract high-end customers, you will need first […]

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Body language tips for success

Posted on Aug 29, 2018 by admin

The body language you use when speaking to another individual will affect the impression they form of you. Professional body language is as important as the verbal communication you use; it can grow or hinder the relationships you develop with other professionals throughout your entrepreneurial career. To master the art of body language, consider these handy tips: Avoid lazy posture Never slouch in front of another individual in a professional environment. It tells the other person you do not care for what they are saying and will harm any professional relationship you try to develop. Keep eye contact By maintaining […]

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Consider business structure

Posted on Aug 29, 2018 by admin

Creating a new business is an exciting time for any first-time entrepreneur, but it also comes with making big decisions – one of these will be when you must choose which structure your business will take. Whether you are looking to form say a company or a partnership, it is important to know that there are varying legal and financial requirements that surround each one. Ask yourself which structure will best help your business to grow and flourish? For instance, many small businesses are set up as a sole trader. A sole trader is one individual who owns the business. […]

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Negotiating like a boss

Posted on Aug 22, 2018 by admin

The ability to negotiate well is one of the most desirable skills in the business world. It can help you get the very best outcome from any professional deal. There are many strategies you can use to develop and master your negotiation skills, including: Having an end-goal One of the keys to successful negotiation is knowing what you hope to achieve at the end of the deal. Without a goal in mind, you risk ending up with an outcome that does not benefit you. It may be wise to ask for more than you want so that when you come […]

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Taking your business seriously, the key to entrepreneurial success

Posted on Aug 22, 2018 by admin

There are a plethora of practices you have to exercise to be successful as an entrepreneur. One of which is taking it seriously and not treating it like a side hobby. If you want your entrepreneurial venture to survive long-term, you have to be all in. You can not expect to thrive if you are only working on it part-time or in your free time. Consider the following factors for taking your entrepreneurial ambitions seriously so you can exceed: Commitment You need to be dedicated to your entrepreneurial pursuit. You can not sit back and work on your business part-time, […]

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Emotional intelligence and business

Posted on Aug 21, 2018 by admin

Emotional intelligence is a vital component to any individual’s success in business. You might have all the right skills for the job but if you lack emotional intelligence – the ability to perceive, manage and control your emotions to communicate effectively, you risk failing in any workplace. High emotional intelligence is essential in developing professional relationships with your co-workers, particularly when working in a high-stress role or a team environment. Fortunately, emotional intelligence can always be improved. Here are three ways to help develop your emotional intelligence: Self-awareness is key Be aware of your habits. Understanding and recognising how you […]

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We have been with BDS Hughes Accountants nearly 5 years. Without their knowledge and forthright suggestions we would not been able to experience our high level of success. We are comfortable with the working relationship and ease with which they are able to communicate with us. As we as the normal accountancy service, Garry advised us on Xero accounting and taught us to uses the program in plain simple English. We can say only that we have had nothing but exceptional service and the advise we have received has been correct and perfect for our business, which is why i would not hesitate to recommend their services.
Wendy EvansDirectorThe Roof & Brick Shoppe

Latest news

Everything you need to know about payday filing

Posted on September 24, 2018 by BDS Hughes

From 1 April 2019 employers must comply with the new payday filing scheme. The due date for employer deductions filing and payment remains the same as the 20th of the month. Employers must: File employment information every payday instead of an Employer monthly schedule Provide new and departing employees’ address information, and their date of birth- if they have provided it to you File electronically (from payday compatible software or through myIR) if your annual PAYE/ESCT is $50 000 or more. How to payday file Employers must Include employment information (and correct a file), employee details and employer deductions. It […]

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21 Tamariki Ave, Orewa, Auckland

P: 09 426 2999 | F: 09 426 0812 | M: 021 790765
E: GARRY@BDSHUGHES.CO.NZ