Every business, regardless of size or industry, has one essential number it must understand to operate sustainably, the break-even point. This figure shows the minimum revenue needed to cover all your costs, and without knowing it, you're essentially flying blind.

For small business owners, understanding your break-even point helps set realistic sales goals, price goods and services strategically, and manage financial risk with greater clarity and confidence.

When was the last time you checked how much interest your money is earning? If you’ve got a decent sum sitting in a transaction account, chances are you’re missing out on hundreds - if not thousands - of dollars in passive income.

Budget 2025 has been unveiled, and while it’s a lean one, it brings some important changes for businesses across Aotearoa. 

For Kiwi businesses, two key announcements stand out: the Investment Boost and changes to KiwiSaver. Let’s take a closer look at what these mean for you.

If you’re a contractor, it can be challenging to manage a hectic schedule and complex projects, all while ensuring your paperwork, documents, and contracts are in order.

It’s important to keep a paper trail of your work and practice due diligence. Keeping all your working documents in order shows that you treat your business, customers, and subcontractors responsibly.

Consumers today are looking for honesty and openness. A transparent pricing strategy not only builds trust but also positions your business as reliable and straightforward. Consumers are increasingly wary of manipulative marketing and opaque sales tactics.

As a small business owner, differentiating yourself by maintaining transparent pricing can be a game-changer.

Setting financial goals for your business may be one of your most important responsibilities as a leader and business owner. Your financial goals serve as far more than wishful projections, they form the backbone of your road map for success, internal and external. 

Let's explore how you can set and track financial goals that empower your business to thrive.

A no-cost opportunity to pause, reflect, and refocus your business strategy with expert support.

Running a business often means juggling a hundred things at once, and it’s easy to lose sight of your long-term goals. 

Our Complimentary Client Review Meeting is designed to give you the space and support to step back, reflect, and plan your next move. 

Profit doesn’t always mean more cash in the bank, many businesses learn that the hard way. That’s why we offer a Cashflow & Profit Improvement Meeting, designed to help you understand where your money’s going and what steps you can take to improve both profitability and cashflow.

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.

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.

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.

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.

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?

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.

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.

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.

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.

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.

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.

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.