Blog

Can your manager take over from you as a business owner?

17/07/2017: Corporate firms use sophisticated transition plans to allow staff to get promoted, to leave and to retire. Does an SME business owner have the same options?

Monteck Carter knows a lot of “baby boomer” business owners are already working on planning their own retirement. Some won’t actually get to 65 for ten years but having a large number of firms come up for sale at the same time may mean prices get depressed.

No business is “ready for sale” overnight – it takes time, planning and careful management… Let Monteck help you reach your financial goals!

Donations

03/11/2017: When you run a business or own a company it is important to give back to the community you are in. Helping the community around you offers a huge benefit for you and for your community.

Difference between a successful and unsuccessful business

18/10/2017: “STICK TO YOUR KNITTING“ many business people do try to do too many things, wasting time and energy on areas of their business that they could pay others to do for them. This can give them more time to either increase their chargeable hours or to work on their business and improve their bottom line.

Contractor Pitfalls and Pluses

09/10/2017: What you should consider when you want to move from employee to self-employed contractor status.

Shareholders agreements

22/09/2017: A Shareholders’ Agreement is a contract between the shareholders of a company. Without one, you risk a dispute at some point down the track when each shareholder has a different idea of who can do what, when they can do it, how it is done, and what was agreed at the outset. You do not really need one until you need one (at which time it is too late).

10 Daily Habits of the Rich and Powerful

22/09/2017: It’s the little things that make up the big things. Here’s a list of ten traits of some of the movers and shakers in the world today (and from the past).

How to deal with late payments effectively

01/09/2017: Having a steady cash flow is a must for any startup as it keeps your business running.

Inheritance Trusts

30/08/2017: Most parents, at some stage in their lives, consider what provisions they would like to make for their children on their death, therefore some thought should be given in order to establish that there is some protection around those funds to ensure that they are not lost.

Is it worth setting up a Trust

31/07/2017: Everyone seems to have a family trust nowadays – do you have one (or if you have) how do you know if it’s still relevant and appropriate for your individual situation? The answer depends on your circumstances. Trusts are generally set up to protect assets and look after dependent people. They can have a valuable role to play, but they are not suitable for everyone.

2017 Budget has something for everyone

01/06/2017: Finance Minister Steven Joyce has unveiled his first Budget. We believe it continues the Government’s focus on maintaining surpluses, reducing debt, growing the economy and supporting the most vulnerable in society via targeted ‘social investment’ spending.

Email Scam – Millions of NZ dollars lost

19/05/2017: A complex and growing global fraud is targeting New Zealand businesses …..The email compromise scam sees an email sent to a company’s accounts department from a seemingly legitimate client or colleague. The emails ask the accounts department to update or process a normally regular payment with a new or amended bank account number.

Should I register for GST?

28/05/2017: The main items that are excluded from the GST regime are….