Increase the number of customers (of the type you want to have)
Increase their transaction frequency
Increase the average transaction value
Increase the effectiveness with which you do things.
Break-even analysis - The break-even analysis is a very useful tool for determining your pricing strategy and tracking your cash flow. It can be used to calculate the sales volume at which your variable and fixed costs will be recovered.
Cash flow - Positive cash flow boosts your growth options. The more cash your business generates the more profit it will make. The reverse may not be true. Your business accounts may show a profit but you may still owe more than you can pay.
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KEEP WORK TECH AT HOME UP TO DATE
If you're working for a business from home, you might not have the most efficient technology to work efficiently. Here's a few tips to stay on top of the tecnhology.
A SEA CHANGE FOR NEW ZEALAND EMPLOYMENT LAW
Parliament has passed the Fair Pay Agreements Act 2022 (the "Act"). The majority of the Act comes into force on 1 December 2022. It is the most significant change to the employment law landscape in decades. New Zealand has not had a regime for collectively-bargained minimum standards since the national awards system was returned in 1991.
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Special deal for travel from home to work
Never use expensive IRD money
Income insurance scheme – main points
Make tax reminders
Data, GST for ‘platforms’
A rough idea is better than none
Seven-year records might not be enough
New rules to make GST record keeping easier
Tax calendar
BONUS
Christmas recipe
15 things to do on a long car ride