If you own a business, you know it can be stressful. It’s especially stressful if you’re doing it by yourself and don’t have a business partner to brainstorm and bounce ideas off.

Recently we’ve been hearing a lot in the media about tax – and it is that time of the year when tax is on a lot of our minds as we work out what we owe and what we can claim.

At the current time, New Zealanders are dealing with the devastation of Cyclone Gabrielle, cost of living increases, inflation, and a shortage of staff for many businesses.

Your website is the online equivalent to your bricks-and-mortar-store (if you have one), so what impression is your website giving potential customers?

It’s the end of financial year for most clients and time for us to start looking at the 2023 Financial Accounts.

From 1 April this year, new GST invoicing rules will come into force aimed at making dealing with GST invoices much simpler and providing more flexibility.

There is always someone out there who will tell you it’s not the right time to buy a farm, start a business, borrow more money…but how do you know what the ‘right’ thing to do is?

Payroll is one of the most undervalued areas of business. Yet if it’s not well managed, it has the capacity to cause the biggest headaches. 

A section 215 report, released by the Government shortly before Christmas, outlines several changes to the proposed emissions pricing system that give greater certainty for farmers, and better recognises on-farm sequestration.

With farmers being challenged to find more sustainable and environmentally friendly methods of farming, we are seeing a few purchases of Dung Beetles by our clients.

You’ve built a successful transport business that has significant assets, knowledge and skills, but how and when do you pass these on?

Figured Lending launches with first new offer for Contract milkers and Sharemilkers. Turn your farming plans into reality with quick access to pre-qualified finance.

It’s no surprise that the goal of any business is to make a profit. It’s a key, fundamental goal – make enough sales, at a big enough margin to generate profit, for you and your business.

The season of giving is on us. While the fun part is thinking about parties and presents, take a moment to remind yourself about the tax rules.

A Southland counsellor, who has been researching mental health issues facing young men in the rural sector, has confirmed what she suspected: there’s a perception of shame in speaking up.

You’ve established a great transport business and things are going well, but you know it’s prudent to diversify your income stream. BFA recommend that before you diversify, you must ensure you protect your current business.

Your business should be one of your biggest assets – but what is it actually worth?

As your accountant, we won't just look after the financial side of your business, we can also advise you on the strategic side of your company.

Interested in hiring migrant workers? Applications are now open to become an ‘accredited employer’, which allows you to employ migrants using a new Accredited Employer Work Visa.

One of the areas that local business advisors and accountants, BFA, are highly qualified to provide advice on, is forestry and transport.