Foundations of Business Success
Do you consider yourself new to business? Don’t feel like you have the basics nailed? Do you want the opportunity to upskill and learn in a group environment? We are launching a new workshop series, ‘Foundations of Business Success’, where we’ll cover all things from cashflow to marketing to tax . This workshop aims to […]
End of Year Client Get Together!
The festive season is fast approaching, and with the end of year just around the corner, we would love to catch up before it does to say thanks for being a part of the MHCo family. Come over to our office and join the team for a beer or wine (or non-alcoholic beverage), we will […]
MHCo Strengths Session
On Monday 18 September, the MHCo team had the pleasure of listening to Josh Cox from Yellow Umbrella for a teams strengths session. We got to take a closer look at our unique strengths, pinpoint which strengths were ‘hangry’, and identified how we should be feeding them. Together, we engaged in team-building activities that challenged […]
GST Invoice Rules are Changing
GST invoice rules are changing – making life easier No more piles of receipts and invoices required! Dealing with GST invoices will be much simpler under Inland Revenue’s new rules, which come into effect on 1 April, 2023. The goal is to modernise your record-keeping systems, which means you’ll be able to get closer to […]
Meeting your goals during a global slowdown
Meeting your goals during a global slowdown Business owners were definitely more optimistic coming into 2022, but we’ve found a number of factors are now making things a lot more challenging: – Global events are pushing up energy prices to astronomical levels.– Ongoing supply-chain issues are making it difficult to source materials.– A scarcity of […]
The 7 causes of poor cashflow
The 7 causes of poor cashflow. Cash is the life blood of any business. In fact, even profitable businesses can and do fail because of poor cashflow. What’s important is that you understand your key drivers of cashflow. Improving cashflow is often all about changing your business’s processes, for example, how you order stock and pay for […]
Preparing for the end of the financial year
The end of another financial year is fast approaching and with that in mind we’ve put together our top tips to ensure you are ready… Top tip # 1 Get your records ready. Whilst most of the information will be in Xero we do require some items from you: Top tip # 2 Don’t forget […]
Do you know what you don’t know?
Introducing our latest Business Mindset… There’s a simple concept called The Knowledge Pie. This concept segments one’s personal knowledge into three key areas; what we know, what we know that we don’t know, and what we don’t know that we don’t know. Yeah, you might want to read that again. Here’s an example to better explain: […]
Key numbers to focus on in your business now
As a business owner, it’s always been helpful to have an understanding of accounting – but in the post-lockdown world, it’s never been more important to have a good grasp on your finances. With the business world irreparably changed by the impact of coronavirus, your business is facing a ‘new normal’. Priorities have changed, customer […]
Lessons learned in lockdown
Lockdown has been (and remains) a tough time for business. Having to shut your business at short notice, or switch to an entirely digital, remote-working model, was a stressful experience. But there are things we have taken out of lockdown. Whether it enabled us to explore new ideas or dive into some fresh thinking regarding […]