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Tag: Small Business

How to Choose the Right Business Mentor for You

A business mentor can help you take your business to new heights: but only if you choose the right one. From offering advice, support and a listening ear, business mentors understand and really ‘get it’ when it comes to the struggles a business owner faces. Like everything though, all business

Why You Should Outsource Your Bookkeeping

A business is only successful when it has the best people, processes and data. Without accurate, reliable data, a business has no solid base on which to make any informed decisions regarding sales, marketing or people. This is why making a decision to outsource your bookkeeping can be a beneficial

Free Marketing Ideas for Small Kiwi Businesses

You’ve got a tight budget, so any free marketing ideas you can use are a huge bonus. Thankfully, you’ve got an awesome business and accounting team in MBP which love nothing more than helping you out…which is why we’ve put together this collection of 12 brilliant free marketing ideas for

Is Declaring Bankruptcy the Right Choice for You?

If financially things aren’t looking that great, you may be considering declaring bankruptcy. Making your debts go away may seem like the obvious solution, but there’s a lot to consider before you do. While bankruptcy can clear your debts from the time you lodge a debtor’s petition with the Official

Planning For A Painless Stocktake

If you sell or make products then you’ll likely have stock on hand or work-in-progress at year end. In order to get accurate figures for your tax and annual financial statements, you’ll need to know the value of this stock. This means you’ll need to do a stocktake. The end

minimum wage payroll

Why You Need A Certified Bookkeeper

As a small business owner, it’s tempting to try and do everything yourself. You really can’t wear every hat in your business and give each role the professional attention it needs. One of the best things to outsource is your bookkeeping and business admin. This is a technical and time

How to Reduce Business Expenses & Save Money

We’re all looking for effective ways to reduce business expenses, save money and increase our profits. We’ve also all got our own ideas on how to do so. Every business will have expenses that must be budgeted for in order to help it run smoothly. Depending on your industry, those

Choosing the Right Social Media Platforms for Your Business

You’ve got a business, so you need to post on all of the social media platforms, right? Wrong. In New Zealand, the four main social media platforms used are Facebook, Twitter, Pinterest and Instagram (Social Media Stats).  This doesn’t necessarily mean they should be your default platforms though. Picking the

How to Improve Your Financial Literacy

If you’ve been waiting for a sign telling you it’s time to smarten up your financial literacy knowledge, this is it. Financial literacy, or the skills and knowledge to make informed decisions about money. What is Financial Literacy? Being able to set and keep to a budget Understanding how different

Beginner’s Guide to Outsourcing in NZ

Outsourcing. Does it sound such a scary word to you? For many new and small businesses, the answer is a resounding yes! Outsourcing involves paying someone to do something related to your business. If cashflow is short or you struggle with the thought of others doing something for your business,