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”

Are upcoming tax payments putting a strain on your cash flow?

After paying terminal tax on 7 April, upcoming provisional tax and GST instalments due in May could cause significant cash flow problems for your business. By not paying your tax on time, you could open your business up to use of money interest and late payment penalties. Tax Management NZ (TMNZ) and Crowe Horwath can … Continue reading “Are upcoming tax payments putting a strain on your cash flow?”