The #WHATSNEXT Podcast is a life changing resource that you can use to make huge impact in your business & life! Hosted by Chartered Accountants, Luke Kemeys & ...
Ep 477 - Why nextAdvisory? | The Work We Do & Why We Do It
In this podcast, we will toot our own horn and walk you through the key services we provide for clients. We’ll share why hundreds of businesses in New Zealand choose to work with us over other accounting firms and give you a behind-the-scenes look at the work we love doing, and why we believe it’s so important.Find us here:Book a call with us: https://nextadvisory.nz/#book-onlineVisit our Instagram page: https://www.instagram.com/nextadvisory.nz/Acess to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about
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Ep 476 - Don’t Make This Financial Mistake
Before making any major financial decision, whether it’s hiring, launching a new product, or taking on a new lease, make sure you fully understand your numbers and the margins within your goods or services. In this podcast, we’ll discuss a common mistake we see business owners make, how they realise it too late, and the costly process of unwinding those decisions.Find us here:Book a call with us: https://nextadvisory.nz/#book-onlineVisit our Instagram page: https://www.instagram.com/nextadvisory.nz/Acess to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about
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Ep 475 - Why To Stop Comparing Yourself To Others
Recently, a new business owner asked us how to stop comparing themselves to their competitors. This is a common challenge we discuss with business owners, as it’s easy to fall into the comparison trap. In today’s podcast, we’ll explore how to break free from this mindset and what to focus on instead.Find us here:Book a call with us: https://nextadvisory.nz/#book-onlineVisit our Instagram page: https://www.instagram.com/nextadvisory.nz/Acess to our free business planning and cashflow module: https://www.skool.com/nextadvisory-business-basics-5934/about
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Ep 474 - Getting Ready For Year End 🥵
It is the most wonderful time of the year...year end.It is nearly that time of year again when accountants need to complete a set of accounts to keep the IRD happy. Banks are also increasingly asking for more accurate and timely financial information.If you have debt or are considering lending, you need to ensure this process is as fast as possible so that your accounts do not become the bottleneck in these discussions.Here are some things to start thinking about (that your accountant will most likely request):Confirmation of bank and loan balances at 31 March 2025. [Perhaps you could take a screenshot at 31 March so that your accountant can ensure Xero / your accounting system matches up with the bank]Did you buy or dispose of assets during the year? Do you have copies of receipts? [Accountants need these to have on file should the IRD request them - compile those]Do any of your invoices need to be written off as your customer/client is no longer going to pay you? [This brings your revenue down and your profit too, impacting final tax]Were there any unusual purchases or sales during the year you need to run past your accountant that you haven’t already?Does your accountant know about any cash you bank personally from business or asset sales?Have you completed your annual home office calculation? We have included a link below for you to make a copy of the spreadsheet our clients use. [This allows you to claim some home office costs and brings your profit down, decreasing final tax]Do you have stock? Complete your year end stock take [This tracks the total stock left on hand to better account for your purchases]Remember Provisional Tax installment 3 is on the 7th of MayThe low value asset threshold is $1k so get minor asset purchases in before then to decrease your profit and tax [Don't buy assets you don't need though].Any new additional income like rental, crypto transactions, dividends, overseas income? Let your accountant know.Do you have donations to let your accountant know about?Any bank or credit cards not showing in your accounting software? You may be missing claiming expenses.We know this stuff is boring at times, but it is still important and important to do it right.If your accountant seems to niggle you for the information, it's because they want to get it out of the way for you so that you can carry on running your business.We hope that helps,Luke & Philhttps://docs.google.com/spreadsheets/d/0B4dISa15v3-WREdSeFhCaHBxU3lWVnU1SFRQcTdiWmpJYksw/edit?resourcekey=0-s6N7ryy34cyFCCsGG3NN0A&gid=882865644#gid=882865644
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Ep 473 - Why Personal Brands Win (And Everyone Else Gets Left Behind) w Stanley Henry (AttentionSeeker.co.nz)
This man knows how to get attention and turn it into serious business growth. In just 6 years, Stanley Henry has built The Attention Seeker from 0 to 40+ staff and isn’t slowing down. They work with some of the biggest names in the game and hit millions of eyeballs every week with their content. In this episode, we dive into why your personal brand isn’t optional anymore and how ignoring it is costing you opportunities. Whether you are starting out in business, employed or wanting people to see your idea, this is for you. We explore…🔹 What’s stopping most people from posting (and how to get over it)🔹 Why business owners, professionals & entrepreneurs need a brand🔹 The mindset shift that helped Stanley scale so fast🔹 What’s next for him and how he’s thinking even biggerThis isn’t just theory or for business owners only, it’s inspiration with a game plan. If you want to stand out, grow, and unlock new opportunities, this episode is a must-listen.Find Stanley here: https://www.linkedin.com/in/stanleychenry/
The #WHATSNEXT Podcast is a life changing resource that you can use to make huge impact in your business & life! Hosted by Chartered Accountants, Luke Kemeys & Phillip Smith. With these two leading the charge, there is no doubt that you'll find a heap of value and a non jargon approach to business. Consider nextAdvisory as the value library for business resources. Listen to find out #WhatsNext for your business.Grab our free business planning template our most successful client's use:https://nextadvisory.nzWant to book a call with us to discuss your business? Folow the link below:https://nextadvisory.nz/#book-onlineFollow us on Facebook, YouTube Instagram and LinkedIn.
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