Why is Cashflow so important?

Profit does not equate to cash and unless you understand the drivers behind your cashflow you are not going to be able to run your business effectively. These areas can affect your cashflow but not your profit and are mainly found outside the profit and loss statements ie in your Balance Sheet or your more…

Holiday Leave for Employers

With the holiday season fast approaching, now is a great time to take a closer look at your obligations around public holiday pay and annual leave entitlements. The most important requirement is that all employees are entitled to a paid day off on a public holiday if it would otherwise be a normal working day. Public…

Promote Creativity and Innovation

Whether you’re planning a new product, a new business venture or simply brainstorming, here are some tips to help boost creativity and innovation within your business: Don’t assume the current way is the right way.  Challenge long standing processes that are currently used within your business and promote evolution of new systems and ideas for…

Karen Tobeck – Partner at Monteck Carter

Karen’s background is initially in industry working as a corporate and management accountant. Since 1997 she worked in the public accounting arena. She was a partner in Monteck Group until our merger this year with Glynis Carter from Corbett Carter. Experience in industry helps her to assist our clients within their businesses. Growing their business…

Why have a Shareholder’s Agreement

In recent months we have seen plenty of examples of the hurdles that have to be overcome when there is no existing shareholder agreement in place. The absence of shareholders’ agreements among New Zealand’s mid-sized companies is a stumbling block that often results in costly disputes over how private companies are run, valued, and changes…

Make that holiday happen

If you are a business owner, you’ll know that the more stressed out you are, the more you need a holiday and the less easy it is to make the time.  Here are a few tips to help you plan a holiday and make the most of it: Put systems in place.  If you write…