http://www.taxowl.co.nz/blog/ The latest Blog feeds from www.taxowl.co.nz en-us Wed, 15 Apr 2026 12:45:53 +1200 Rocketspark http://www.taxowl.co.nz/blog/post/163297/5-ways-logistics-companies-can-cope-with-rising-fuel-prices/ If you’re running a logistics company, small delivery business, or a company fleet of trucks, the rising costs of fuel will no doubt be a major concern.Prices of oil have been rising since the conflict in the Middle East escalated in February 2026, with the current price of crude oil reaching record levels. With fuel prices still rising, you’ll see your profit margins slide as the cost of running your vehicles becomes ever-more expensive.Fuel prices are not something you can directly influen... Thu, 09 Apr 2026 00:00:00 +1200 http://www.taxowl.co.nz/blog/#post163297 http://www.taxowl.co.nz/blog/post/163313/setting-goals-for-you-and-your-business-for-the-new-financial-year/ The new financial year is a new beginning. As a business owner this a great time for you to reflect on where you are at and think about your business goals for the financial year ahead.Setting goals is an essential part of personal and professional growth. These could be lofty goals, or even setting out a plan to achieve some more mundane (but equally important) projects. Whether that is getting paid faster, reassessing expenses or bigger things like automation of processes and new markets. You ... Wed, 01 Apr 2026 00:00:00 +1300 http://www.taxowl.co.nz/blog/#post163313 http://www.taxowl.co.nz/blog/post/162515/getting-late-payments-under-control/ Many NZ small businesses are finding late payment to be a major issue.A recent survey from payment provider, GoCardless, found that 62% of New Zealand businesses believe they’re losing money to late payments – some even reporting estimated losses of over $10,000 per month, on average.Let’s look at what late payment means for your cashflow and working capital, and what steps you can take to improve payment times and your overall cash position.Why is late payment such a problem?Your financia... Wed, 25 Mar 2026 00:00:00 +1300 http://www.taxowl.co.nz/blog/#post162515 http://www.taxowl.co.nz/blog/post/162514/how-can-we-support-your-business-profitability/ Turning a profit will be high on your list of goals as a business owner. And if you want to generate the best margins, that means keeping an eye on the money that’s going out of the business, as well as what’s coming in.... Wed, 18 Mar 2026 00:00:00 +1300 http://www.taxowl.co.nz/blog/#post162514 http://www.taxowl.co.nz/blog/post/162513/what-are-trade-tariffs-and-how-can-they-affect-your-business/ Over the past few months, we’ve heard a lot in the news about the possibility of trade tariffs, especially in relation to the tariffs imposed by the current US administration. But what exactly is a trade tariff? What do they do? And how could high trade tariffs affect your ability to export to certain countries and territories?... Thu, 12 Mar 2026 00:00:00 +1300 http://www.taxowl.co.nz/blog/#post162513 http://www.taxowl.co.nz/blog/post/162510/5-benefits-of-working-with-a-business-adviser/ You know that an accountant can look after the books and keep your numbers in good order. But have you ever thought about the additional services and advice that an accountant can bring to you as a fully fledged business adviser, coach and mentor?Let’s explore what other business-critical services your adviser could offer:... Thu, 05 Mar 2026 00:00:00 +1300 http://www.taxowl.co.nz/blog/#post162510 http://www.taxowl.co.nz/blog/post/163312/understanding-your-statement-of-cash-flows/ The statement of cash flows, (also known as the cash flow statement), shows how your business has generated and used cash (and cash equivalents) within a specific time period.For each of the reporting categories, receipts and payments are listed (money in and money out), and this is reported as a net increase or decrease in cash held for that category.The net change in all categories is added to the amount of cash on hand at the start of the reporting period to arrive at the current cash on hand... Thu, 26 Feb 2026 00:00:00 +1300 http://www.taxowl.co.nz/blog/#post163312 http://www.taxowl.co.nz/blog/post/163311/planning-for-all-eventualities-the-benefits-of-scenario-planning/ In a business environment that's currently highly volatile and changeable, it pays to scenario-plan for all eventualities.... Thu, 19 Feb 2026 00:00:00 +1300 http://www.taxowl.co.nz/blog/#post163311 http://www.taxowl.co.nz/blog/post/163310/small-business-sales-figures-are-rising-how-to-boost-your-activity/ “Q: Are sales figures up for New Zealand small businesses? And what can I do to give my own business sales a kick in the right direction?”New Zealand small businesses have experienced some tough times over the past few years. But there are some signs that things are on the up as we enter the second half of the decade.“A: Xero’s latest Small Business Insights show that sales figures for NZ businesses are on the up!”The February 2026 results from the [Xero Small Business Insights] (https... Thu, 12 Feb 2026 00:00:00 +1300 http://www.taxowl.co.nz/blog/#post163310 http://www.taxowl.co.nz/blog/post/163309/cash-flow-forecasting-puts-you-back-in-control/ We all know that positive cashflow is the beating heart of any successful business. And with so many external pressures on your cash right now, it’s important to have one eye on the future. Cashflow forecasting is an increasingly important tool for any finance team. With a better view of your future cashflow position, you can make well-informed decisions about your finances.But how does cashflow forecasting work? And how does it help you maintain a positive cashflow position throughout the yea... Thu, 05 Feb 2026 00:00:00 +1300 http://www.taxowl.co.nz/blog/#post163309