Category: Management
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End of Financial Year 2023 Payroll: All you need to know
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[vc_section][vc_row][vc_column width=”1/4″][vc_single_image image=”26733″ img_size=”480×480″ add_caption=”yes”][/vc_column][vc_column width=”3/4″][vc_column_text] 2023 End of Financial Year Payroll Guide: Everything You Need to KnoW [/vc_column_text][vc_column_text]It’s crucial to stay on top of payroll matters during the End of Financial Year (EOFY). Below are the key things you should know.[/vc_column_text][/vc_column][vc_column][vc_separator][/vc_column][vc_column][vc_column_text]The EOFY can be a stressful time for New Zealand business owners, as it’s…
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Charging Margins on Materials for Tradespeople: Pros, Cons, and Best Practices
[vc_row][vc_column width=”1/4″][vc_single_image image=”26690″ img_size=”480×480″][/vc_column][vc_column width=”3/4″][vc_column_text] Understanding Charging Margin on Materials for Tradespeople: Pros, Cons, and Best Practices As a tradesperson, whether you’re a carpenter, electrician, plumber, or any other type of skilled professional, one important aspect of your business is managing the costs associated with materials. One common practice in the trade industry is charging…
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Best Work From Home Practices To Achieve The Best Results
[vc_row][vc_column][vc_column_text] Working from home has become increasingly popular over the past few years, and the COVID-19 pandemic has accelerated this trend. Remote work has provided employees with flexibility and the ability to manage their time effectively, but it also presents new challenges that require specific best practices to ensure efficiency and productivity. In this essay,…
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How to improve business finance during high inflation
Inflation refers to the sustained increase in the general price level of goods and services in an economy over a period of time. High inflation can have a significant impact on business finances and operations. It reduces the purchasing power of consumers, increases the cost of production, and makes it more difficult for companies to…
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How To Set The Prices For Your Services
Pricing is always a big question for many service providers as it is sensitive to discuss and hard to measure clearly. Which level is too high for your customers? Which level is too low for your profit? Which can satisfy both? Unlike goods, services normally do not have the exact amount of material or supply…
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Financial support during Omicron outbreak – Updates 28 Feb 2022
The Government has announced 3 additional forms of financial support for businesses with cashflow pressures as a result of COVID-19. These are: an increase to the base Small Business Cashflow Scheme (SBCS) and the ability to borrow a top-up if they did not borrow the full amount up to 3 COVID-19 Support Payments (CSP) an…
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Final Round – Business support under the COVID Protection Framework
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The Minister of Finance has announced a number of changes to the financial support for businesses once New Zealand moves into the COVID Protection Framework at 11.59pm on December 2nd. The changes are as follows: • There will be a one-off Transition Payment to acknowledge the restrictions businesses have faced due to the higher Alert…
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Activate Auckland – Government’s Business Advisory and Implementation Funding Package
On Friday 22 October, the Government announced a support package for Auckland businesses affected by alert level restrictions, and as the country transitions to the new COVID-19 Protection Framework. Under this package, Black Arrow Business Studio can help Auckland businesses access: Advice and planning: Business Planning, Strategy and Continuity Financial Planning and Cashflow Management Business…
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Covid-19 Financial Support & New Govt Funding – 10 Nov 2021
[vc_section css=”.vc_custom_1590572438805{margin-bottom: 0px !important;padding-top: 0px !important;}”][vc_row css=”.vc_custom_1586774289616{margin-bottom: 0px !important;}”][vc_column][vc_column_text css_animation=”none”] Covid-19 Financial Support Update [/vc_column_text][gem_divider margin_top=”10″][vc_column_text] 1. Wage Subsidy August 2021 #7 Applications for the COVID-19 Wage Subsidy August 2021 #6 will close at 11.59pm on Thursday 11 November. Applications for Wage Subsidy August 2021 #7 will open at 9am on Friday 12 November. Your…
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New Changes For Resurgence Support Payments (RSP) – 2 November
[vc_section css=”.vc_custom_1590572438805{margin-bottom: 0px !important;padding-top: 0px !important;}”][vc_row css=”.vc_custom_1586774289616{margin-bottom: 0px !important;}”][vc_column][vc_column_text css_animation=”none”] Covid-19 Financial Support Update [/vc_column_text][gem_divider margin_top=”10″][vc_column_text css_animation=”none”] New Changes For Resurgence Support Payment (RSP) [/vc_column_text][vc_column_text]When the Resurgence Support Payments Scheme was created, applications were able to be made until one month after all of New Zealand had returned to COVID Alert Level 1. The recent…