Succession Planning Guide by Xero

Have you got your succession plan sorted for your business?

Xero recently released their “The importance of Succession Planning” Guide specifically aimed at small businesses in New Zealand.

Xero’s succession planning report outlines strategies for working with business clients to plan for a successful exit well ahead of time. It helps advisors start the conversation about this important but often neglected topic.

Succession planning is an important part of your business model, so when GoFi8ure were asked to contribute to Xero’s Guide we jumped at the chance.

Executive Director Lisa Martin truly believes that every business needs to have a Strategy, a way to Execute it and a good Cash flow forecast.

To read the online Succession Planning Guide and the value information provided by these amazing contributors click here to read the guide.

 

Fraud

As an employer you can’t always prevent fraud but you can minimise the chance of such incidents occurring – similar to malaria tablets, they won’t stop you getting it, but reduce the symptoms considerably if you do! Get on top of your business, don’t bury your head in the sand, watch the cash controls and internal checks and balance system, vigilantly follow through on procedures, lead by example and when you feel that something is not quite right, trust your gut instincts and investigate immediately.

At GoFi8ure our proven methodology of best practice bookkeeping, where checks and balances are tested weekly, gives business owners peace of mind that systems are adhered to and their investment is being reconciled by a third party professional organisation.

If you want to find out more about how your accounts are really doing; our Warrant of Finance (WOF) service will help you find out what areas need improvement and to be more efficient. To book your WOF contact us: enquiries@gofi8ure.co.nz.

Finalist in the AUT Excellence in Business Support Awards 2012

Finalist – GoFi8ure

GoFi8ure are selected as a finalist in 2012 AUT Excellence in Business Support Awards. GoFi8ure has been selected as a finalist in the 2012 AUT Excellence in Business Support Awards. Recognised for excellence in the category Business under $5m turnover – Accounting and Finance, GoFi8ure will join 49 other finalists in this years’ AUT Excellence in Business Support Awards – a record number in the awards seven year history.

What differentiates GoFi8ure from others is we are mobile and certified/qualified i.e. we know what we are doing! Allowing clients to have an accounts person on site at important times each month without actually employing a full time accounts manager.

Our focus is on developing partnerships with clients to help them manage their business, rather than a more traditional transactional style of operation. Only by truly understanding our clients, and the environment in which they operate, can we provide the best advice and support possible.

GoFi8ure Finalists in Vero’s Excellence in Business Support Awards 2010

Finalist – GoFi8ure

GoFi8ure’s brand is its key core differentiator – we strive to bring numbers
to life. Our philosophy is to take care of our clients’ day-to-day financial paperwork, freeing them up to concentrate on what matters – running and managing their business.

GoFi8ure challenges the accountant stereotype. We are fun and passionate about what we do. We develop real friendships with clients and have a fresh, ‘no problem’ attitude. Our independent style and the strength of our team ensure business continues to grow and that we offer a dependable, consistent service to whoever we work for.

What differentiates GoFi8ure from others is our willingness to support others so they can achieve. Our focus is on developing partnerships with clients to help them manage their business, rather than a more traditional transactional style of operation. Only by truly understanding our clients, and the environment in which they operate, can we provide the best advice and support possible.