Know Your Business, Own Your Future

When it comes to working efficiently, everyone has some idea of what works for them and what could work better.  As a business owner, you can get stuck and find yourself working harder than anyone else, for longer hours, without seeing that next level of growth in your business.  Here are some simple reminders to help you stay on task and get more done.

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Anyone who has been hit hard by Inland Revenue (IRD) late payment penalties and use of money interest (UOMI) for unpaid or underpaid tax knows how crippling this can be.

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In February this year the whole BRG team went to the annual Xero Conference (Xerocon) held in Auckland. There were over 900 Accountants, Bookkeepers and Add-On Partners attending this conference.

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It’s easy to sit back and enjoy the fruits of your labour and become comfortable with your current business position.  But don’t become too comfortable.  Isn’t that why you got into business in the first place?  To step away from that zone and challenge your way of thinking?

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When it comes to the end of the financial year, you need to consider a few key factors.

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Farmers from the Hawkes Bay, East Coast, Bay of Plenty and Taupo will have an opportunity in February to meet and learn from inspirational Marlborough farmer Doug Avery, who moved his family farm from ‘beyond reasonable drought’ by making some radical changes to how the farm operated.

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A close down period is when an employer closes business operations for a certain length of time, often doing so during off-peak times of the year.

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What are the rules when it comes to annual leave?

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Building a brand doesn’t need to be complicated but there are many challenges, pressures, and distractions to take into consideration.  It is not as simple as choosing a name, a slogan or designing yourself a logo. 

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Your staff can often be one of the most valuable assets in your business.  By investing in training, and taking the time to develop their skills, you will find that they not only feel valued as team members but it can also improve know how and the ability to adapt in unknown or new situations.

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