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Quarterly Coaching
Running a business can sometimes feel like a solo mission. Between putting out fires and handling day-to-day operations, it’s easy to lose sight of the bigger picture. That’s where our Quarterly Coaching service comes in — a structured programme designed to help you stay accountable, make informed decisions, and keep your goals front and centre.
Annual Accounts Review Meeting
Your Annual Accounts are more than just numbers—they tell the story of your business. Understanding them is key to making informed financial decisions and planning for the future. That’s why we offer an Annual Accounts Review Meeting, a dedicated session to help you interpret your financial reports, understand your tax commitments, and identify opportunities for improvement.
The Affinity Discovery Meeting
Running a business is demanding, and it’s easy to get caught up in the daily grind. But have you taken the time to step back and think about where your business is headed? That’s why we offer The Affinity Discovery Meeting, a free, no-obligation consultation designed to help you gain clarity and explore how we can support your business.
Financial statements showdown: What each report shows you about your business
Understanding financial statements might sound daunting, but it's crucial for small business owners to stay on top of their game. Each financial report offers unique insights into different aspects of your company's health. This listicle will break down the essentials, helping you make informed decisions and ultimately steer your business toward success.
Is hope your exit plan, or do you have a strategy?
For many business owners, the day-to-day demands of running a business can make long-term planning seem like a distant concern. But, failing to plan for succession can put your business—and its legacy—at significant risk. The question you need to ask yourself is: Is hope your exit plan, or do you have a strategy?
Tired of chasing payments? Handy tips for managing your receivables
Running a small business is a constant juggle, and one of the more frustrating tasks is managing your receivables. How often have you found yourself waiting on overdue invoices, wondering if you'll have enough cash flow to cover next month's expenses? If this sounds familiar, you're not alone. Many small business owners struggle with keeping their accounts receivable in check, which can ultimately impact their business's health and sustainability.
Business Valuation is more than just profits
When it comes to valuing a business, most people’s first thought is straightforward - profits. While financial success is undoubtedly a critical aspect, it’s far from the only factor determining a business's true worth. For small business owners and entrepreneurs, understanding the complexities of valuation can offer a clear roadmap for sustainable growth and long-term success.
Develop an effective employee training program
Successful businesses don’t just invest in tools and innovation—they invest in their people. An employee training program is a strategic way to empower your team, close skill gaps, and cultivate loyalty. But where do you even begin to craft a program that truly makes an impact?
This guide will walk you through actionable steps to develop an effective employee training program that aligns with your business needs and leaves your team feeling confident and motivated.
What is Gross Profit Margin and what does it tell you?
Managing a small business can feel like balancing countless tasks at once. In the midst of it all, one key metric stands out – Gross Profit Margin. But what is Gross Profit Margin, and why does it matter for small business owners? Let's look at how to calculate it, why it matters, and how you can use it to unlock your business's full potential.
Mastering Project Budgets for Your Business
Did you know that 39% of projects fail due to budget issues? For small businesses and entrepreneurs in NZ, managing a project budget effectively is crucial to ensuring profitability. Project budgeting is more than just crunching numbers; it's about steering your business towards success by avoiding potential pitfalls and seizing opportunities. Whether you're launching a new product or expanding services, mastering project budgeting is an invaluable skill for achieving your business goals.
How to plan for a profitable year ahead
Planning for a profitable year is a goal shared by all businesses, and effective financial forecasting plays a pivotal role in achieving it. For New Zealand businesses, understanding how to utilise financial forecasting can provide a clear roadmap to success. Here's our guide to help you harness the power of forecasting to plan for a prosperous year ahead.
Smart Tax Planning for Busineses: What to do before 31 March
As we approach the final quarter of this financial year, now is a great time to think about your tax planning. Smart tax planning is not just about compliance; it's an opportunity to optimise your financial position and set your business up for success. Affinity Accounting is here to guide you through some essential strategies to consider before the financial year wraps up.
Boost Your Profits: The Job Order Costing Secret Every Construction Business Should Know
Have you ever wondered how businesses accurately price custom projects? The answer lies in a powerful method called job order costing. For small business owners and entrepreneurs, mastering this technique can be your ticket to boosting profitability and ensuring precise pricing for every job.
Understanding Financial KPIs for Your Business
As a small business owner, understanding your financial health is crucial. How else do you know how your business is really doing?Key Performance Indicators (KPIs) serve as vital tools to measure your business's financial performance, helping you make informed decisions. Let’s explore some essential KPIs and how they can benefit your business.
Spreading Kindness and Cheer This Holiday Season
In line with our annual tradition and our core values of sustainability and reducing waste, we’ve chosen to donate to worthy charities.
Why is goal setting so important?
Running a small business today can feel a bit like juggling while walking a tightrope. That’s why goal setting is so important. Goals act as the compass guiding your business towards success. Let's explore why setting clear goals is crucial for your business's growth and prosperity.
Out of Office Checklists: How to Keep Suppliers and Customers Happy During the Festive Season
The festive season is a time for celebration and relaxation, but for small business owners, it also presents a unique set of challenges. Keeping suppliers and customers satisfied while you're out of the office requires careful planning and communication. Here are some tips from our team to help maintain those crucial relationships during the holiday period.
Practical Tips to Get Ahead as You Wind Down for a Break
As the end of the year approaches, many small business owners find themselves gearing up for a well-deserved break. However, winding down doesn’t mean losing momentum. By preparing in advance, you can ensure that your business continues to thrive even while you recharge. Here are some practical tips from Affinity Accounting to help you get ahead.
Business Trends to Watch in 2025
As we edge closer to 2025, small businesses find themselves at the forefront of a rapidly evolving landscape. Staying ahead of the curve requires agility and foresight. Here’s a look at some of the key trends that we believe will shape your business operations and growth in the coming year.
What are your 2025 Tax Resolutions?
As a small business owner, preparing for the new year can feel like a daunting task. However, with some strategic planning and organisation, you can approach it with confidence and ease. Here, we’ll explore some practical steps to help you get ahead, ensuring that your business is ready to tackle the new year, and the upcoming tax year without a hitch.