As trusted business advisors and chartered accountants in Auckland, we make sure that our clients know what they are getting themselves into. We take them through and help them consider the following issues...
Read the rest of the article here http://www.pmartinca.com/blog/buying-a-business-part-1-starting-the-process
Paul Martin Chartered Accountant Ltd
Paul Martin Chartered Accountant is a modern, proactive Auckland practice located at Botany Town Centre, in the heart of East Auckland. Utilising the cloud and other technologies we provide accounting, tax and business advisory services to individuals and businesses across Auckland, nationwide and i…
Read More »
Reasons Why You Should Start A Business Today
03/12/2017 The year is just starting and there are many things you could do this year that could change your life - like perhaps starting a business.Starting a business can be overwhelming. But the rewards are great once you know how to handle the responsibility and get the business planning right. To get you...
Read More »
Demystifying Income Tax
02/12/2017 Tax is often a headache for business owners. As much as they want to avoid it, they can't because tax is part of their financial responsibilities. Many people find it daunting but once you understand some of the basic tax facts, you will be more prepared to deal with it.As a dedicated tax accountant...
Read More »
Tips For Sorting Finances For Small Businesses
02/08/2017 Ultimately business owners want to earn more and spend less to maximize their business profit. This is achievable if you know how to handle your finances and follow these simple tips.
1. Be honest and realistic when analysing your finances
Examine the funds in your business closely. Do you hav...
Read More »
Tax Tips for 2017
01/30/2017 For most business owners, tax is not at the top of the list of what they want to focus on when the new year hits. But managing taxation is a business requirement you cannot ignore, especially now that the Inland Revenue Department (IRD) is making technological changes to modernise tax administration...
Read More »
Business Upgrades To Help Your Business Scale
01/22/2017 Being in business is very competitive. Considering the many businesses and startups sprouting up everywhere, plus with continuous market changes, competition just gets tougher. That is why as an entrepreneur, you need to offer something new or come up with better service if you want to stay in the g...
Read More »
Beat Holiday Cash Flow Problems With These Tips
12/19/2016 Christmas is the most awaited time of the year. Not just because of the festive and merry vibe everywhere, but because it is also the time that we can relax due to the long holiday break. However, that long holiday break may not be a good thing for some businesses as it means an irregular period of...
Read More »
Why Cloud Accounting is Good For Your Business
12/12/2016 Looking for a smarter and faster way to manage your business financial transactions?Then you should work in the cloud!Watch this awesome animation video that discusses how cloud accounting can help your business. http://bit.ly/2dUVJKx...
Read More »
BUYING A BUSINESS PART 5: What are the Legislative Requirements
12/06/2016 After understanding the business acquisition process, preparing the projected costs and expenses and creating the business and marketing plans, it is now time to understand some of the key legislative requirements businesses and their owners must comply with.Whether you are starting a business from...
Read More »
BUYING A BUSINESS PART 4: Creating the Marketing Plan
12/01/2016 In our previous blog discussion, we talked about how to write the important components of an effective business plan. Now that you have a strategic plan for your business, it is time to introduce your brand to the market.The next important step is to create your marketing plan.We have invited Jo Mar...
Read More »
Creating An Effective Business Strategy
11/27/2016 We know that business strategy plays an important role in the success and growth of your business. Whether you are starting a business or buying one, you need it to go in the right direction.Since the year is about to end, you should revisit your existing business strategy and perhaps draft a new on...
Read More »
BUYING A BUSINESS PART 3: Creating the Business Plan
11/20/2016 Last time, we discussed the key establishment costs and expenses when purchasing an existing business to set your expectations of what you are about to spend.Now, once you've successfully purchased the business, you need to create or structure a business plan that will help you sustain it and facili...
Read More »
Protect Your Business With Accountancy Insurance
11/13/2016 As a business owner, you want to secure the future prosperity of your company and protect it from any financial misfortune. With this in mind, have you considered what would happen if you were subject to an audit by the Inland Revenue Department (IRD)?As trusted a business advisor and Chartered Acco...
Read More »
BUYING A BUSINESS PART 2: Start-Up Costs
11/10/2016 Previously, we discussed things you need to know when starting the process of buying a business to prepare yourself and set expectations. Today, we will discuss one of the most important parts of this process – start-up costs.As consumers, one of the things that really matters to us when making a...
Read More »
Simple Habits of Successful Entrepreneurs That Will Inspire You
11/02/2016 Ever wonder what successful entrepreneurs have that made them so good at what they do?Successful entrepreneurs are just ordinary people. They live and breathe in the same world just like the rest of us. The only thing that makes them different from the rest is how they cultivate and live on positive...
Read More »
Buying A Business - An Overview
10/18/2016 Buying a business, big or small, is one of the biggest decisions and financial transactions you might ever make. It is not as simple as buying a product or service. There are many things to consider, processes and procedures to undertake, and different financial and legal requirements to think about...
Read More »
Reasons Why Setting Goals Is Important for Your Business
10/09/2016 One of the major reasons why businesses fail is because they fail to plan. Business planning is the most critical part of running a business. It is not enough that you want to have or have started a business. And it is not enough that you have sufficient funds to sustain it. You should have every de...
Read More »
Financial Mistakes Business Owners Make and How to Avoid Them
10/03/2016 Cash is the lifeblood of a business. No business owner wants to see their business struggling because of lack of funds or in debt due to mismanaged finances. What they want to see is a regular flow of profit but this is easier said than done.With many years of experience as chartered accountants and...
Read More »
Protect Your Business With Accountancy Insurance
09/25/2016 As a business owner, you want to secure the future prosperity of your company and protect it from any financial misfortune. With this in mind, have you considered what would happen if you were subject to an audit by the Inland Revenue Department (IRD)?As trusted a business advisor and Chartered Acco...
Read More »
How to Determine the Best Accounting Software for your Business
09/19/2016 Cloud accounting is a revolutionary way to efficiently manage your business, and even personal, financial transactions. It is a great tool to keep your books accurate and up to date. But how do you choose the best cloud accounting software for your business? With the many cloud accounting products o...
Read More »
Cloud Accounting Benefits That Will Keep Your Business Growing
09/06/2016 If you are looking for an efficient and more effective way of managing and tracking your business financial transactions, you may want to consider putting your financial data in thecloud or using a cloud accounting system.The cloud is basically a term used to refer to the internet. And cloud account...
Read More »