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We were recently involved with assisting a new client to resolve a dispute between shareholders. This was a prime example of a business succession planning scenario going wrong. On the face of it, the client had everything you should have, such as a constitution and..
Read ArticleI get asked this question on a regular basis. The answer is simple: yes you should pay the principal off your loan. But then the question arises, which loan should I pay first - investment or personal? And, how much should I pay? You should always..
Read ArticleOne of our clients recently asked me if they should be renting or striving to buy a home. They weren't too sure if buying a house was such a smart way of increasing their wealth given the recent state of the property market and the way..
Read ArticleThe answer to this question is, "It depends on the scenario". If you are planning to buy a rental property that is cash flow negative, you need to look at the future capital growth potential and the land size of the property, i.e. is this..
Read ArticleWomen and moneyI reckon all women are in the protection business. Just look around. They are born protectors. They look out for their friends and family and are constantly trying to protect those they love. They even look out for friends of friends. Experience has..
Read ArticleKeeping on top of the tax obligations for your business is obviously important. You want to make sure you pay the correct amount of tax, and pay it on time to avoid penalties with the IRD. This is not difficult, especially with the help of..
Read ArticleIn my day to day interaction with clients I meet a lot of small business owners whose businesses are in their embryonic stage. They are busy practising their particular expertise and, as such, most budding entrepreneurs do not willingly spend time thinking about the administration..
Read ArticleBackground Over 80% of start-up businesses fail in the first five years. One of the tasks accountants in public practice deal with is assisting clients when this occurs. Liquidation is the insolvency process related to companies and formally deals with those going through this..
Read ArticleBackground Over 80% of start-up businesses fail in the first five years. One of the tasks accountants in public practice deal with is assisting clients when this occurs. Liquidation is the insolvency process related to companies and formally deals with those going through this..
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