Property and Tax update 2021
Property and Tax update 2021 On 23 March 2021, changes to tax rules for investment properties took investors by surprise. […]
The 39% tax rate – Your questions answered
The 39% tax rate – Your questions answered New Zealanders earning over $180,000 a year will now pay a 39% […]
Getting back to business
Getting back to business It goes without saying that change has been a theme of late. Much of the change […]
The low-value asset threshold (of $5,000) for depreciation ends on March 16th
The low-value asset threshold (of $5,000) for depreciation ends on March 16th The temporary increase to $5,000 for the low-value […]
The minimum wage increases on April 1st 2021
The minimum wage increases on April 1st 2021 From April 1 2021, the adult mimimum wage will increase from the […]
Should you buy or lease your business assets?
Should you buy or lease your business assets? Should you buy or lease your new equipment? We’ll review your current […]
Is your business ready for hybrid working?
Is your business ready for hybrid working? The Covid pandemic has changed the way we work and ushered in a […]
The dangers of discounting
The dangers of discounting You might think that offering discounts is a great strategy to use when sales are falling. […]
Leveraging Your Technology
Leveraging Your Technology The decisions you make in your business are only as good as the data you use to […]
GoFi8ure 2020 Christmas e-book
2020 is finally almost over… we made it! We’ve put together a short eBook (attached), providing some light reading, reflection […]
How will the Trusts Act 2019 impact you and your Trust?
How will the Trusts Act 2019 impact you and your Trust? Trusts are a common thing in New Zealand and […]
What Covid taught us…
Things were certainly thrown up in the air when COVID-19’s lockdown happened in March. For many businesses, the first, most […]
Don’t neglect your Balance Sheet
Don’t neglect your Balance Sheet Business owners tend to focus on increasing profit and driving down costs. While this is […]
Common GST errors will impact your business
Common GST errors will impact your business Most GST errors are unintentional. Even so, they can have a big impact […]
Understanding your numbers to improve your results
Understanding your numbers to improve your results Understanding your financial reports, or knowing your numbers, is critical to business success. […]
The importance of Tax planning for Shareholders
The importance of Tax planning for Shareholders Paying Tax is something you are likely to see as a necessary (but […]
Provisional Tax – how does it work?
Provisional Tax – how does it work? If you had to pay tax of more than $5,000 in your last […]
Understanding working capital to maintain business success
Understanding working capital to maintain business success If cashflow is the lifeblood of your business, then working capital is the […]
Cash is not profit and vice versa
The purpose of a business is to make money, and that means you have to know the difference between profit […]
Understanding your revenue drivers
Understanding your revenue drivers For your business to make money, you need to generate revenue. You produce revenue through your […]
Maximising your cash reserves
Maximising your cash reserves The Covid-19 crisis has highlighted the inadequacy of current cash reserves for many businesses. They simply […]
Key numbers to focus on in your business now
Key numbers to focus on in your business now As a business owner, it’s always been helpful to have an […]
Successfully implement change in your business
Successfully implement change in your business Research by Kotter International found that more than 70% of change projects within a […]
Dealing with uncertainty – tips for business owners
Dealing with uncertainty – tips for business owners Whether you’re in full lockdown, restricted trading conditions or back to ‘business […]
How to create a cash flow forecast for your business
How to create a cash flow forecast for your business A cash flow forecast is an important tool for business […]
What can you do to prepare now, for a return to business?
What can you do to prepare now, for a return to business? In the context of the Covid-19 outbreak, the […]
How do you invoice during a crisis?
How do you invoice during a crisis? It’s not easy to request payment right now, but it is important to […]
The value of cashflow forecasting during a crisis
The value of cashflow forecasting during a crisis During the ongoing coronavirus crisis, many sectors are seeing income either disappear […]
The wage subsidy for NZ employers
The wage subsidy for NZ employers The Government’s wage subsidy is available for all employers that are significantly impacted by […]
Looking to improve business performance?
Looking to improve business performance? Here are ten ways to make sure that you continue to drive through each business […]
How healthy is your working capital?
How healthy is your working capital? We all know that cash is king when it comes to business success, but […]
Do you know what you don’t know?
Do you know what you don’t know? The Knowledge Pie depicts the proportion of what we know, what we know […]
Understanding who your customers are is essential for your business
Understanding who your customers are is essential for your business Successful businesses really understand their customers. Knowing your target audience […]
Making the 2021 Financial Year the Best Yet With GoFi8ure
Making the 2021 Financial Year the Best Yet With GoFi8ure Most business owners would agree that the best accounting situation […]
Achieving financial freedom
Achieving financial freedom Financial freedom means having enough money to live your desired lifestyle. Is your business allowing you to […]
How to manage sustainable growth
How to manage sustainable growth The differences between those that grow profitably and sustainably, and those that disappear without a […]
Are you floundering when it comes to managing the books?
Are you floundering when it comes to managing the books? Struggling to get your head around all the rules and […]
The benefits of
The benefits of creating a holding company Once your business gets to a certain size and turnover, there’s real value […]
GoFi8ure on Setting Financial Resolutions to Start the New Year Right
GoFi8ure on Setting Financial Resolutions to Start the New Year Right Concluding the year means wrapping up tax returns and keeping […]
Provisional Tax explained
Provisional Tax explained If you are employed, your employer deducts income tax from your regular pay and pays it to […]
Our Christmas gift for you
Our Christmas gift for you With the holiday season only a couple of weeks away, we put together a Christmas […]
10 steps to achieving balance this holiday break
10 steps to achieving balance this holiday break It’s that time of year again when most of us are winding […]
Understanding Your Statement of Cash Flows
Understanding Your Statement of Cash Flows The statement of cash flows, (also known as the cash flow statement), shows how […]
Start the New Year Right with a Clean Slate
Start the New Year Right with a Clean Slate When it comes to the New Year, tidying up your accounting […]
What is business governance and why does it matter?
What is business governance and why does it matter? Good governance is about structuring, operating, and controlling a company with […]
P is for purpose, not profit
P is for purpose, not profit Why does your business exist? Your purpose is roughly three to seven words explaining […]
Be, Do, Have
Be, Do, Have Are you grinding away in your business waiting for rewards that will enable you to be a […]
Have you got a strategy for a financially stress free holiday period?
Have you got a strategy for a financially stress free holiday period? Holiday breaks are a time to re-charge for […]
Planning for seasonal dips in income
Planning for seasonal dips in income Seasonal dips in income can be highly challenging when you’re a small business. But […]
What’s in the forecast?
What’s in the forecast? You do not go fishing without checking the forecast, nor should you run your business without […]
Building a Better Business in 10 Steps
Building a Better Business in 10 Steps You are in business, congratulations, that takes courage and commitment. It is not […]
10 ways to improve self-awareness
10 ways to improve self-awareness What is self-awareness? Being self-aware is developing a deeper understanding of your strengths, weaknesses, personality […]
GoFi8ure Helps Businesses File Tax Returns for 2019
GoFi8ure Helps Businesses File Tax Returns for 2019 The 2019 tax return season began in May, meaning there’s only five […]
Understanding Your Profit and Loss Statement
Understanding Your Profit and Loss Statement Your profit and loss statement (P&L) helps you understand your business performance and profitability […]
Understanding Your Balance Sheet
Understanding Your Balance Sheet To understand the financial position of a business at a specific point of time, look at […]
Millennial employees – why you need them
Millennial employees – why you need them 7 ways to retain millennials that will benefit the whole team Much of […]
Keeping on top of overdue accounts
Keeping on top of overdue accounts How long do your customers take to pay you? A Xero Small Business Insights […]
Changes to NZ GST rules for low-value imported goods
Changes to NZ GST rules for low-value imported goods In an increasingly disrupted world, the laws surrounding consumer processes sometimes […]
How do you collect your debtors faster?
Did you know that you still have to pay tax on your debtors, even if you haven’t yet collected them? […]
Provisional Tax explained
Provisional Tax explained Provisional tax is income tax paid in advance of the end of the financial year, or paid […]
Making data meaningful for your business
Making data meaningful for your business Data is only powerful with context, it needs to be accurate and organised and […]
How to regain control of your business
Are you feeling like a slave to your business? Not all business owners want to grow their business. Some may […]
Transforming Businesses and Optimising Accounting Processes with Cloud-based Solutions
Transforming Businesses and Optimising Accounting Processes with Cloud-based Solutions Preparing business plans and reconciling accounts regularly are imperative in any […]
Keeping on top of small business cash flow
Keeping on top of small business cash flow Money in, money out. Cash flow is one of the most important […]
Should you register for GST? Questions on GST? We can help
Should you register for GST? Questions on GST? We can help Questions on GST for your small business? If your […]
The importance of tax planning for directors
The importance of tax planning for directors Paying tax is something you are likely to see as a necessary (but […]
Your leadership style matters more than you think
Your leadership style matters more than you think Your leadership style is made up of strengths and traits. Understanding your […]
GoFi8ure’s BKED Training Courses to Support Business Owners Manage Financial Matters
GoFi8ure’s BKED Training Courses to Support Business Owners Manage Financial Matters Business owners who need assistance with their accounting tasks […]
Maximise Xero’s Capabilities through Customised Training
Maximise Xero’s Capabilities through Customised Training Wellington’s trusted accounting firm, GoFi8ure, wants businesses to maximise the use of Xero to […]
Getting more meaningful data for your business
Getting more meaningful data for your business Data is only powerful with context, it needs to be accurate and organised […]
Want more profits? Profitability a key business goal for this year?
Want more profits? Profitability a key business goal for this year? Making a profit isn’t something that happens overnight – […]
What does an Accountant really do?
What does an Accountant really do? Not sure what an Accountant can do for your business? Well, the right accountant […]
Teaching your kids about money
Teaching your kids about money Teaching kids about money is all about finding the right moments to have a conversation. […]
Business Owners Can Take Charge of Their Own Finances Through GoFi8ure’s BKED Training Courses
Business Owners Can Take Charge of Their Own Finances Through GoFi8ure’s BKED Training Courses Business owners who want to understand […]
Is my Accountant a cost or investment?
Reducing your overheads will help #GrowYourBusiness. So, are accounting fees a cost that should be cut or a sound business […]
What is employee engagement and why does it matter?
What is employee engagement and why does it matter? Employee engagement will improve your bottom line. It leads to better […]
Minimise team turnover and time spent recruiting
Minimise team turnover and time spent recruiting It costs about 21% of an employee’s salary to replace them, not counting […]
Why bookkeeping is essential for your small business
Why bookkeeping is essential for your small business A Bookkeeper deals with the organisation, the recording and the reporting of […]
Successfully implement and embed change in your business
Eight ways to successfully implement and embed change in your business Research by Kotter International found that more than 70% […]
Could your business benefit from Financial Awareness Coaching?
Could your business benefit from Financial Awareness Coaching? The better you understand your business, the easier it will be to […]
Profit vs cash
Profit vs cash Do you understand the difference between profit and cash? Are you improving your profits but not seeing […]
Make your business more profitable
Make your business more profitable Making a profit isn’t something that happens overnight – to create a good return from […]
What do you need to do to get ready for the New Financial Year?
What do you need to do to get ready for the New Financial Year? For many the 31st of March […]
Women in Business on Fire
Women in Business on Fire Lisa’s key messages are that when goal setting there are always further goals to achieve […]
The value of real-time management reporting
The value of real-time management reporting Improving your financial efficiency requires a clear overview of your key numbers, so you […]
Forecasting cash flow
Forecasting cash flow Why you need to forecast your cash flow Cash flow is the lifeblood of your business. And […]
Did you know GoFi8ure are a Receipt Bank Certified Partner?
Did you know GoFi8ure are a Receipt Bank Certified Partner? At GoFi8ure we pride ourselves on always looking for the […]
GoFi8ure’s Transformational Accounting Service Solutions
GoFi8ure’s Transformational Accounting Service Solutions GoFi8ure is a transformational, award winning accounting firm providing a one-stop accounting solution to SME […]
There Has Never Been a Better Time to Get onto Xero
There Has Never Been a Better Time to Get onto Xero GoFi8ure, a company that provides premium accountancy solutions, urges […]
6 ways to measure the health of your business
6 ways to measure the health of your business When you are running a business, it is easy to get […]
Set your business up for success with the right structure
Set your business up for success with the right structure The structure of your new business has repercussions in […]
The difference between directing and leading…
The difference between directing and leading… Are you being a Director or a Leader? Director is a strategic role; […]
Want to improve accountability and outcomes?
Want to improve accountability and outcomes? Most business owners understand that the only way to ensure something gets done is […]
New Year, New Accountant: Improve your Financial Year with GoFi8ure
New Year, New Accountant: Improve your Financial Year with GoFi8ure With the New Year coming around, people are thinking about […]
Avoid A Year’s Worth of Accounting Regrets by Working with GoFi8ure
Avoid A Year’s Worth of Accounting Regrets by Working with GoFi8ure Running a business requires the right mix of innovation […]
How to create a transformational strategy for 2019
How to create a transformational strategy for 2019 How was 2018 for your business? Did you have a great year […]
Adaptable small firms focus on value – GoFi8ure
Smaller accounting firms are part of the fabric of many New Zealand towns and cities but they, like the large […]
How to plan for a holiday from your small business
Leading up to the holiday period, is your business cash flow in good health to carry you through? This time […]
Charitable donations may be tax deductible – here is what you need to know
Donating to charity not only supports the vital work of an organisation but also has positive side-effects when claiming tax […]
What should your role look like as a Director in 2019?
The key function of a Director is to maximise shareholder value. How much time are you dedicating to working ON […]
Xero’s new Navigation page
Xero’s new Navigation page Have you heard? Xero are changing their navigation bar! Why have Xero changed the navigation bar? To […]
GoFi8ure Accountants and Bookkeepers now in Dunedin
GoFi8ure Accountants and Bookkeepers now in Dunedin We are so excited to announce we have a new GoFi8ure headquarters in […]
Setting goals and measuring performance
Setting goals and measuring performance Goals are what drive the long-term performance of your business. Agreeing on clear targets, and […]
GoFi8ure able to help with Xero training for the New Financial Year
GoFi8ure able to help with Xero training for the New Financial Year It is generally accepted that preparation for the […]
Xero Reporting: Drilling down into your numbers
Xero Reporting: Drilling down into your numbers Knowing the status of your finances is a vital part of running your […]
How to turn your passion into a business
How to turn your passion into a business Ever dreamed of turning your passion into a business? It can be […]
Why use Xero? The benefits of cloud accounting
Why use Xero? The benefits of cloud accounting Xero offers your business a simple, yet powerful, way to manage all […]
GoFi8ure wins Xero’s NZ Bookkeeping Partner of the Year for 2018!
For the third year in a row, mobile Accountants and Bookkeepers GoFi8ure attended the Xerocon Conference and Awards in Brisbane […]
Taking a closer look at the benefits of business software
Taking a closer look at the benefits of business software Have you been running your business the ‘old-fashioned’ way, with […]
Be more productive with a systemised business
Be more productive with a systemised business As a business owner, MD […]
14 Apps to Help Improve Your Business’ Productivity
14 Apps to Help Improve Your Business’ Productivity We seem busier […]
External Solutions for Inside Opportunities
External Solutions for Inside Opportunities Outsourcing is where a business contracts out a business process to a third party. Often […]
Creating Excellence in Business
Excellence in Business It is very easy to get comfortable with just being good in […]
Creating More Effectiveness in your Business
Effectiveness in Business Do you consider yourself to be effective at work? Although many of […]
Tips for Efficiency in your Business
Efficiency in Business Efficiency in a business refers to how long it takes for […]
Are you executing your business strategy?
Are you executing your business strategy? Execution is an easy concept to talk about, but it can be a hard […]
Do you have a strategy for your business?
Do you have a strategy for your business? When it comes to Business Strategy there are two rules: Rule #1: […]
What are the four most important areas you need to consider in your business?
What are the four most important areas you need to consider in your business? As a business owner, you must […]
Chasing debtors – 3 easy strategies that will help you get paid quicker
Chasing debtors – 3 easy strategies that will help you get paid quicker Getting paid is always an exciting part […]
How having cloud accounting software can help your business
How having cloud accounting software can help your business For those who are not very familiar with the concept, the […]
Is operating more efficiently and having more time to focus on your business one of your 2018 goals?
Is operating more efficiently and having more time to focus on your business one of your 2018 goals? Trying to […]
Learn how to use Xero to run your business
Learn how to use Xero to run your business There are various stages of what we call the “Xero journey”. […]
Become Financially Aware in 2018
Become Financially Aware in 2018 The better you understand your business, the easier it will be to make more money. […]
How to avoid going insane in your business in 2018 eBook
How to avoid going insane in your business in 2018 GoFi8ure eBook. As 2017 comes to an end, it is […]
NZ Business Magazine – GoFi8ure Accounting Software Specialists
Have you read the latest NZBusiness Magazine? If you are looking at upgrading your accounting software then this article is […]
4 Reasons Why You Can Benefit From Using Accounting Software
Whether you are starting up or already running a small business, you may avoid using software. This could be due […]
What is the difference between Administrators and Certified Bookkeepers?
During their early days, many small businesses have no choice but to combine many core functions together, including bookkeeping and […]
Outsourcing – boost productivity and progress without the long term expense
Many business owners have fantastic talents which is part of the reason why they went into business. With these talents, […]
New Year, New skill-set
Enhance your business skills and knowledge with continuing education offerings through GoFi8ure. Training and up-skilling is essential to the achievements […]
How to win awards for your business – Featured article by GoFi8ure
What’s the most important thing in your business? Some people would say it is you – the boss. Some people […]
The pros and cons of DIYing your small business accounts
Every small business person has this dilemma. Do the books yourself? Or contract a professional Bookkeeper? Not a part-time employee […]
The value training can add to your business
At GoFi8ure we truly believe that training is not a cost, but an investment in your business and future growth. […]
What is your time worth?
As the age old saying goes, “time is money” – so what is yours worth? Time is something that we […]
Make 2016 the Year for Business Growth
As an aspiring entrepreneur, or someone who already owns a business, at some point in time you would have created […]
Ever wondered how hiring a Bookkeeper could help your business?
Running a successful business requires making smart decisions and whilst many business owners have a range of talents and expertise, […]
Ultimate guide to delivering quality Xero training
Today on the Cloud Stories podcast Heather Smith is talking with the Lisa Martin Owner and Manager at GoFi8ure. The […]
Sign Up to Xero Accounting software and online Bookkeeping with Gold Partner, GoFi8ure
Are you on Xero yet? If not, you should be! By moving your accounts onto a cloud-based accounting system, you […]
The important role a Bookkeeper plays in your business
Lisa Martin from GoFi8ure discusses the important role a Bookkeeper can play in small businesses and how Xero has helped […]
How healthy is your business?
As business owners, we get caught up in the day to day running of our business. Business owners wear many […]
Planning for End of Financial Year
Planning before EOFY can mean significant savings – but leaving it until the last minute or, worse still, submitting your […]
Are you financially ready for the holiday season?
The holiday season is a hard time financially for businesses, so what can you to avoid being financial stress? Get […]
Fraud
As an employer you can’t always prevent fraud but you can minimise the chance of such incidents occurring – similar […]
Change the Way You Do Business
Did you spend 2014 overworked and overwhelmed? How many hats did you wear? The upside about being your own boss […]
Verve Magazine December issue – Cashflow, don’t let yours get down to a trickle
The third in a series of Small Business Basics by Lisa Martin, Executive Director of professional bookkeeping and accounting firm, […]
Hutt Valley Business Expo 2014 – Such Fun!
Wow what an amazing Hutt Valley Business Expo hosted last month. There was such a great turn out, with so […]
Business expenses – are yours legit?
The second in a series of Small Business Basics by Lisa Martin, Executive Director of professional bookkeeping and accounting firm, […]
Verve Magazine October – GST is not yours so don’t spend it
The first in a six month series of Small Business Basics by Lisa Martin, Executive Director of professional bookkeeping and […]
“Say it Like it Is”
When you start or grow a business, one of the first and most important things you will think about is […]
Are You Prepared Financially For The Holiday Season?
The holiday season is a tough time for business owners, not only have they just gotten through the last GST […]