How much does it cost to hire an accountant for a small business?

Even in your average small business (1-3 employees, less than $500k turnover) there will be a broad range of options for accounting and finance including getting specialise setup, tax structuring advice, finance systems and processes together with the everyday bookkeeping and accounting functions.

Is an accountant needed for a small business?

An accountant can offer comprehensive startup and ongoing small business advice, while making sure tax compliance is prepared and filed with the relevant authorities on time.

What is the role of an accountant in a small business?

Being a business owner can be a tough job, and it’s good to have a trusted advisor to lean on in times of complexity or uncertainty. An accountant will be able to help you navigate your business through these times, and help keep compliant with relevant tax authorities.

Xero is an integrated accounting platform that can complete all small business invoicing, receipts, bank transactions and reporting for the IRD. Being cloud based means your advisers can have access to your information in real time.

Is Xero Accounting any good?

Xero is a great tool for small businesses as it gives you real time access to the financial data of your business - information we couldn’t imagine being in business without.

Simon Manawaiti 11/12/2015 Simon Manawaiti 11/12/2015

Cash Summary vs Profit & Loss

In order to get a gauge on your business you’ll likely look at a Profit and Loss statement and a Cash Flow report. While these are similar, to get an accurate picture of how the business is performing, you need to look at both and how they impact each other.

Simon Manawaiti 04/12/2015 Simon Manawaiti 04/12/2015

Write a Business Plan before opening a Bank Account

Opening a bank account is easy, but you should hold off until you have written down your business goals and start to understand your business model.

Simon Manawaiti 06/11/2015 Simon Manawaiti 06/11/2015

Why You Need Monthly Accounting

Every startup company needs accurate and timely information. While its not a flashy activity, having a monthly accounting process at your startup means you can get constant access to the real profitability of your business, allows you to dive deeper on any inconsistencies you find and complete any trend analysis on your financial performance.

Simon Manawaiti 23/10/2015 Simon Manawaiti 23/10/2015

Understanding and Calculating Lifetime Value

Understanding Lifetime Value helps forecasting and shows how your startup really makes money.