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Most business owners spend their days working in the business; serving customers, managing staff, responding to emails and solving day-to-day challenges.
Finding time to step back and work on the business is often much harder.
Yet it's often these strategic conversations that make the biggest difference over time.
Take an hour this month to ask yourself:
- Are my prices still appropriate?
- Which products or services are most profitable?
- Are there opportunities to improve efficiency?
- Is my technology working for me?
- What are my biggest business goals over the next 12 months?
Even a small amount of dedicated planning time each month can help your business grow stronger, become more profitable and better prepared for future opportunities.
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Paying Tax On Your Shares
There’s been a boom in direct share investments since the lockdowns of 2020 with platforms like Sharesies, Hatch and InvestNow seeing thousands of Kiwis join up to buy shares. These straightforward platforms have democratised share market investment, helping New Zealanders grow their wealth and save for the future. One question...
Nigel's FCA achievement
Congratulations Nigel McWilliam FCA We're proud to congratulate MBS Advisors Director Nigel McWilliam on being awarded Fellow Chartered Accountant (FCA), one of Chartered Accountants Australia and New Zealand's highest professional recognitions. Reflecting on his achievement, Nigel says accounting has given him purpose, taught him the language of business and given him the privilege of helping local businesses, farming families and the wider community grow stronger. His achievement reflects his ongoing commitment to his clients, his profession and the community he serves.
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Reflecting on your farm budget in the Spring
At the start of the season, your budget was based on what you expected to happen, right? Your anticipated milk production, milk price, feed requirements, fertiliser spend, repairs, animal health costs and everything else that goes into running the farm. But now you have a few months of actual numbers and we can now look at how does the farm you are running today compare with the farm you budgeted for months ago?