Welcome to SuccessHub…
The latest and greatest from Sidekick
Your ultimate destination for business, tax, and financial insights tailored to empower small business owners like you. Our mission is to provide you with the knowledge, tools, and strategies necessary to achieve greater success in your entrepreneurial journey. From expert tax advice to business growth tips and innovative financial solutions, our comprehensive resources are designed to help you navigate the complexities of the business world and unlock your full potential. Explore our curated content and discover how SuccessHub can be your trusted partner in propelling your business to new heights, Be More Successful!
Have you got a plan for growth in your business?
Growth doesn’t need to mean more risk, more hours, and more headaches. It may be as simple as identifying where the opportunities for growth are in your business and industry. Once you've done this you ..
Which business expenses can you claim against tax?
Incurring expenses are an unavoidable fact of running a business. But which expenses can you claim tax deductions against and which don’t meet the tax-free criteria? Here’s our lowdown on which expenses you can claim ..
Updates to ACC Invoices
Updates to levies on overseas income Until now, ACC hasn’t been able to routinely include this income in levy calculations because it was combined with non-ACC leviable foreign earnings as part of individual tax ..
Why your accountant is the mentor you didn’t know you needed
A business mentor can provide guidance and support, so you make the right decisions and stay focused on the end goal as a business owner. They can also help you move forward in your ..
Keeping your business cash liquid – the difference between cashflow and profit
The foundational goal of any business is to make a profit. As a business owner, that’s one of your key financial aims – to make enough sales, at a big enough margin, to generate ..
5 questions to ask when you are buying a business
Purchasing an existing company is a great way to expand your business empire. You can buy out a close competitor, or dip a toe into a new industry and expand your reach as a ..
5 ways to ensure you get paid on time
Worrying whether customers will pay you on time is a continual concern for business owners. Late payment can lead to cashflow issues, unpaid supplier bills and the need to dip into your own pocket ..
Nearly half of Kiwi small business owners aren’t paying themselves
Tight cash flow negatively impacting the wellbeing of Kiwi small business owners Wellington — 12 July, 2023 —Xero, the global small business platform, today released new research revealing New Zealand small business owners are ..
Scrapping and Writing Off Assets
As part of our process for preparing a client’s financial statements, we review the asset schedule with the client to ensure that it is accurate and up to date. This year, with the high milk, ..
Fonterra Co-operative Difference
Consumers and customers want to know that their food choices support a sustainable future. The Co-operative Difference has been created by Fonterra to help farmers know what is expected of them, both today and in ..
Do you need to improve the cash flow position for your business?
Keeping on top of the financial management of your business can be hard work. It's possible to have a profitable business that is struggling to find the cash flow to pay expenses and fund growth. ..
Stressing about your work/life balance?
Trying to get perfect the work/life balance can be a cause of stress in itself. If you are feeling the strain of building your business and maintaining your life the good news is that stress ..
Fringe benefit tax – The cost of employee perks
Rewarding your team with vouchers or trips? Providing a car or a gym membership? FBT can be tricky, so make sure you’re calculating the true cost of employee perks. What is fringe benefit tax? Fringe ..
5 challenges for small business – and how to beat them!
Founding, building and growing your own small business is a hugely rewarding experience for many entrepreneurs. But the road ahead isn't always smooth. There are common challenges that crop up and ongoing issues that need ..
Take care of yourself, not just your business
Being a business owner can be stressful. When the buck stops with you, it can be easy to let the pressure mount up and to discount your own wellbeing. But taking care of your own ..
The Importance of Budgeting for IT Projects in the Year Ahead
The Importance of Budgeting for IT Projects in the Year Ahead Budgeting for IT projects is vital for businesses in the upcoming year to leverage technology effectively and gain a competitive edge. This article ..
Sidekick April Challenge – SwapAthon for Ronald McDonald House
We are thrilled to announce that our Sidekick charity auction has come to an incredible close, and we couldn't be prouder of the result. Thanks to the extraordinary generosity of our community, we have raised ..
3 cloud accounting tips to save your business time and money
Keeping on top of your accounts is a big part of running a successful and profitable business. But you don’t want to spend ALL your time dealing with accounting tasks, especially when that time could ..
Are you in control of your staff expenses?
When your managers and employees have their own budgets to utilise and spend, it's important to keep in control of these staff expenses. It used to be standard practice to have a firm-wide company credit ..
10 ways to improve business performance
Here are ten ways to make sure that you continue to drive through each business quarter with purpose, vision and the courage to super-charge your business. 1. Eliminate distractions: Time is the scarcest resource and biggest ..
The ‘No frills’ 2023 budget – What does it mean for you?
How will the latest Budget affect your business and your household? Here are some of the changes most likely to have an impact on Kiwi business owners. Extended free childcare hours If you have young ..
Are you considering selling any large assets?
Are you considering selling any large assets? Maybe a property, a piece of land, or a business or personal asset? Before you do, we urge you to call us first. As you may already know, ..
Sharemilker and Contract Milker Accommodation
Although the housing provided by farmers to their contract or sharemilker is the same as employees, the accounting differences are substantial. The key reason for the difference in accounting treatment is that sharemilkers and contract ..
Getting your bookkeeping ready for a digital future
Keeping up-to-date records of your business transactions isn't the most glamorous part of being an entrepreneur, that’s for sure. But, in reality, having accurate and up-to-date bookkeeping is actually one of the core ways to ..
Invest in your employees to get the maximum benefits from remote working
Remote work has become an increasingly popular way of working in recent years. Many companies now offer their employees the ability to work from home or other external locations. This is a giant shift for ..
