Expense Reporting is often considered a ‘back office’ process that shouldn’t consume much of anyone’s time. That may be true… but how a business regulates spending requires a lot of discipline and accountability.
Xero has published a report investigating the barriers to adopting new technology in small businesses. Their analysis found that early adopters enjoyed 120% higher revenue and 106% higher productivity than those who postpone the implementation of new technology.
Takeaways for small businesses — there are a few things small businesses can do to help support their recovery, according to Xero’s small business trends report.
Applications for the first COVID Support Payment have opened and can be made through myIR on the IRD website.
The Government has announced new financial support for businesses affected by Omicron.
Many businesses are facing increased costs. This is not necessarily a new business challenge… but the COVID-19 pandemic is driving significant and unpredictable "price spikes". Let’s look at what business leaders should be thinking about in this environment?
Is the widespread adoption of remote work, and the accelerated (sometimes rushed) rollout of digital and cloud technologies to ensure continuity putting your business' cyber safety at risk?
The holiday season is normally one of the busiest times of year for small business owners in the retail space and this year will prove no different. In fact, due to continued challenges like bad weather, container shortages, product shortages and continued port closures due to the pandemic, business owners all over the world should start holiday preparations even earlier this year.
There’s a lot of talk about the impact of ‘remote work’. What does this mean for businesses? What should leaders be thinking about?
Some businesses are finding opportunities in the COVID19 environment while others struggle. Common to all businesses is the need for astute cash management. In our article, we look at some best practices to help you best utilise your cash.
Small and medium-sized businesses may be eligible for the business finance guarantee scheme to support operating cash flow disrupted due to COVID-19. The scheme supports banks to take on lending with the government taking on the default risk of up to 80% of the loan.
There’s no doubt that small businesses are doing it tough as a result of COVID-19. But through planning, considering the impacts of the pandemic on others throughout their demand chain, and preparation small business owners can find navigate their way to better days.
The NZ Government has announced a further extension for the Small Business Cashflow (loan) Scheme (SBC).
As expected, the 2020 Budget has been a high spending one with a deficit forecasted to be $29.6 billion in 2021. We break down the expenditure and key initiatives.
Last week the Government announced it will provide interest-free loans for a year to small businesses impacted by the COVID-19 to support their immediate cash flow needs and meet fixed costs.
We stress how pricing is a critical component of a profitable business and the numbers to track while improving profitability.
When businesses aren’t paid on time, it doesn’t just affect the bottom line – it affects people
We outline some of the newest updates happening in the world of Xero that should hopefully brighten up your working day.
In August Greg and I went to Xerocon 2014 in Sydney. What did we learn? There are Xero Add-ons for everything these days. If you can think of it, there’s an Add-on for it.
In fact there are so many Add-ons out there that the Xerocon iPhone App had them and their exhibitors listed by category. For example: farming, inventory, invoicing, payroll, property management, share management, point of sale, media, CRM, benchmarking, financial reporting, cash flow, budgeting software, project management, and the list goes on.