Afterpay was originally conceived as a new way to buy now, pay later. It provided people with the means to buy products if they did not have the currently available funds, without requiring interest to be paid on the amount to be paid back. It’s a proven method popular with people under 30, but there…
Making decisions as the owner of a business can be a world of difficult choices, but none so much as deciding that your business requires a partner. It’s a critical, strategic decision for the business that you won’t want to get wrong. Approach your search for the right business partner to suit your business as…
Looking to expand your business into the overseas market, or thinking about ways to increase your revenue? Exporting a good or service to customers or businesses outside of your home country can open your business to new markets, which creates sales potential and increases your business’s competitiveness. New Zealand businesses export a variety of products…
NZSuperFund was set up to reduce the tax burden on future taxpayers, regarding the cost of New Zealand superannuation. It invests Government contributions into investment opportunities to further grow the amount of money in the fund. In doing so, it takes into account three potential value-adding strategies. Strategic Tilting As a value-adding strategy, strategic tilting…
It’s one of the most inescapable costs of living that the average person may encounter. Whether you are renting, leasing or own your home, the energy bill is an unavoidable circumstance that everyone faces. With many individuals currently working from home and cutting other costs involving travel, it’s not surprising that your own energy bill’s…
The new Purchase Price Allocation rules surrounding how business assets are valued when sold as a bundle have come into effect as of 1 July 2021. Applicable to the sale of assets such as commercial property, forestry land or business, the new rules will bring consistency to agreements for the disposal and acquisition of property.…
If you’re looking to go into business with someone, the chances are that you might be looking at using a business structure known as a partnership. A partnership is a type of business structure that is made up of two or more people who distribute income or losses between themselves and is a fairly popular…
For many, a home loan is a purchase that’s already been made, a regular expense that will stick with them for up to 30 years (depending on the home loan conditions set out at the time of agreement). But don’t expect to simply set and forget your home loan. Your circumstances may change, and the…
Businesses use negotiation in a number of different ways. You can negotiate in business for both informal day-to-day interactions and formal transactions. These could include negotiating for things such as negotiating conditions of sale, lease, service delivery, and other legal contracts. Negotiation should not be your enemy. In business, negotiation can be the difference between…
There’s nothing better than a quick and easy marketing strategy that boosts your business’s visibility. But are you using all of the PR strategies that are available to your business? Small marketing initiatives can be just as effective as large-scale press conferences and advertising if handled effectively, and often far more affordable to small businesses.…