How to increase your free time and business’s value

Are you after a better work/life balance? Clients constantly tell us one of the main things they want from their business is the ability for it to support their lifestyle and the time to enjoy it. A successful business in terms of providing not only work/life balance but also a valuable asset from resale is … Continue reading “How to increase your free time and business’s value”

The importance of cash flow

If you’re in the happy position of seeing your business in a growth phase, it pays to consider how you can most effectively manage your in-comings and out-goings. In a time of growth, cash is required to pay suppliers but it may not be replaced for some months until a sale is converted into cash. … Continue reading “The importance of cash flow”

The value of a valuation

Knowing the value of a business is smart and strategic. Commonly, a business valuation is for those wanting to: buy, sell or exit; measure business growth; restructure; pass the business to family; settle property relationship issues or resolve shareholder or commercial disputes. A valuation also helps business owners make informed strategic decisions and better understand … Continue reading “The value of a valuation”

Tips for sound financial planning and governance

Now that the tax year end has come and gone, have you set the financial objectives for your business for the year ahead? How good are your management reporting tools and are you able to track performance against your goals? To help measure your business performance, download our tips for sound financial planning factsheet. The … Continue reading “Tips for sound financial planning and governance”

Family businesses: Communication is key

Family businesses in New Zealand make up around 75% of all businesses*. Although rewarding, being part of a family business can be challenging because of the way in which business ownership, management and family relationships overlap, creating complexities and emotional issues, particularly around money and control. Crowe Horwath have developed the Family Business guide, which … Continue reading “Family businesses: Communication is key”

Simplifying your financial statements

Have you noticed how financial statements are becoming convoluted and lengthy, with many extending beyond 100 pages? In an attempt to simplify this process, the International Accounting Standards Board have introduced the AASB 101 Presentation of Financial Statements, which aims to “cut the clutter” in preparing financial statements.  Cutting the clutter Our white paper ‘How … Continue reading “Simplifying your financial statements”

Analysis system helping farmers

Strong beef prices are driving returns for farm business that have improved for the second year running. That’s according to accounting and business advisory firm Crowe Horwath, which has released the results of its annual farm benchmarking analysis ” and, despite challenges, it anticipates another strong performance for Hawke’s Bay agribusiness in 2016. The Crowe … Continue reading “Analysis system helping farmers”

Cash out of research and development tax losses

Legislation passed on the 24 February 2016 allows research and development (R&D) companies to ‘cash out’ their tax losses arising from R&D expenditure. The new rules focus on start-up companies engaging in intensive R&D and are intended to reduce their exposure to market failures and tax distortions arising from the current tax treatment of losses. However, the new … Continue reading “Cash out of research and development tax losses”

Crowe Horwath offers online financial problem-solving with ‘ASK Crowe Horwath’

Accounting and business advisory firm Crowe Horwath today announced the launch of the online platform, ASK Crowe Horwath. ASK Crowe Horwath, an obligation-free, online financial problem-solving service for business and individuals, allows questions to be posed by the general public and answered by Crowe Horwath advisers – ‘get a real answer from a real adviser’ … Continue reading “Crowe Horwath offers online financial problem-solving with ‘ASK Crowe Horwath’”

How Do You Sell Your Business?

We receive many enquiries from people either looking to buy a business or looking to sell their business. Many businesses are sold “under the radar” often without them being widely marketed. Sensitivities towards staff and clients and confidentiality need to be managed carefully. Often, from an outsider’s point of view, there is little evidence that … Continue reading “How Do You Sell Your Business?”