As your small business grows, demands on your time increase. It's important to delegate tasks to others, such as team members, contractors, or freelancers, so you have the time to focus on critical aspects of your business and continue to grow.

Team work makes the dream work, or so the saying goes, but there’s a lot more to building a team than hiring a few talented individuals. A strong and united team is essential for the growth of your business, but powerful teams don’t happen by accident. It’s vital that you invest time and effort into building a team that can propel your business towards success.

Trying to navigate the complex world of business finance? Our handy guide elaborates on the top four financial metrics that small business owners need to track for success.

Small changes can have an incredible impact on your business. The majority of business owners work tirelessly to grow their businesses and are very good at what they do, yet they fail to look at their strategy and execution plans. It’s the old adage: I’m too business working IN my business to work ON it.

Business growth can be achieved in seven ways. Making changes isn’t easy, but if you plan, take action, and hold yourself accountable, it’ll pay off. By following these 7 ways; where the first five increase sales and the last two reduce expenses and you will be able to see your business grow.

A crystal ball would be handy in business. Good-quality forecasting can be just as useful, giving you an informed view of the future of your business and finances.

Making good business decisions is the secret to a successful startup. We’ll help you set up the best possible management information and will guide each step of your startup journey.

Whether you’re a seasoned leader or fell into a leadership role without formal training; we all face roadblocks & improvement opportunities. Need help identifying your blind spots & implementing improvement strategies? Get in touch!

The Fair Trading Amendment Act 2021 will come into effect on 16 August 2022, with the introduction of new obligations and protections for small businesses. If you use standard form contracts for the sale of goods or services to other businesses, you may want to consider having them reviewed by a legal advisor. You can read more here.

Are you being a Director or a Leader? Director is a strategic role; Leadership is an operational role. This distinction is key to the success of your business.

New trust rules mean beneficiaries can automatically become settlors if there’s more than $25,000 in their beneficiary account. This has the potential to put your assets at risk, so consider making changes now.

New trust disclosure rules – financial statements and details of all transactions are now required. Make sure you’re collecting the information you need to keep your trust compliant. Got questions? We can help.

Now that the dust has settled a little, here is a summary of the property tax changes that the Government announced on 23 March 2021.

Growing electronic connectivity between small businesses, accountants, and financial institutions coupled with cloud accounting and traditional methods will help your debtor management.

With more than 85% of SMEs expecting a lower profit in the next nine months, the more prepared you can be for the unexpected, the better. Talk to us about smart ways to get your costs under control or whether you need to increase your prices.

Coping with a sudden downturn or tough period in your business is no walk in the park. The better prepared you are, and the faster you react, the more likely it is that you’ll ride out the tough period successfully. If you’re looking to improve your business planning, upgrade your disaster management plan, or improve your financial forecasting the team at Thrive CA will work with you to get your Plan B sorted.

How to create one that propels your business forward.

Finding what makes you tick is vital for your business success.

Your business plan is a roadmap for your business. Outline your vision, set goals, define funding and budget, forecast sales and cashflow, set timelines. Talk to us to create a watertight business plan. #businessplan #planforsuccess

Financial freedom means having enough money to live your desired lifestyle. Is your business allowing you to hit key financial milestones such as buying a house or taking a holiday? Real wealth is not about money… but freedom #WeCanHelp #FinancialFreedom

It’s been a while since we had any significant COVID support changes, but with the recent Northland community case of COVID we thought that it would be worth highlighting what support is available if there is a resurgence of COVID in NZ.

A break from your business promotes positive mental health. We can help you reduce your workload, create a more efficient business model and plan out holidays throughout the year.

Your business may be profitable but is it solvent? Your #BalanceSheet is a key indicator of solvency; neglect it at your peril! Profitable businesses can & do go broke. Discover 4 areas of your #BalanceSheet focus to maximise success!

Holiday breaks are a time to re-charge for the year ahead. But, for business owners, it can be stressful without careful cashflow planning. Have you got the strategies in place to ensure you are in the best financial position this year?

Unclear on the story your Balance Sheet tells? Don’t know how to calculate key ratios to measure the strength of your business? We can help demystify your Balance Sheet. The stronger it is, the stronger your business will be! Get in touch!

What activities fill your ‘well of happiness’? Set aside time regularly for those things that help you reduce stress, improve resilience and restore your energy. Happiness is essential to your success! #BuildABetterBusiness #10Steps #KPIs

Was setting your working hours a drawcard to owning a business? In reality, do you work more than ever before, affecting your personal life? We can help you free up time to spend on better things.

You monitor your car’s dashboard to avoid running out of gas or blowing up your engine… but do you monitor your business's dashboard? We can help you set up a dashboard to monitor the key things in your business #BuildABetterBusiness #10Steps #KPIs

Are you a Trustee of a #FamilyTrust? Do you understand your duties under the new Trusts Act 2019? You must ensure you’re compliant by 30 January 2021. Contact us for more info about your #TrusteeDuties!