Discounting in Tight Times – Resist the Urge!

Have you ever been driving to work in the morning and heard one of your competitor’s advertising discounted pricing on the radio?  Or have you been driving past your competitors premises and seen a huge sale advertised?  Or even worse, has one of your clients come to you telling you they can get a similar…

Moving your Succession Plan Forward

Follow our eight-point plan to facilitate your eventual succession and exit-from-business strategy. It’s no picnic trying to increase business value by growing Earnings before Interest and Tax [EBIT] while de-risking your operating model to get there. But these two performance criteria are critical to a successful succession plan. Strong corporate governance, including effective financial management,…

Investment Decision Making

Ever made a bad investment decision?   Probably not too many that you’d probably care to admit to.  However if you are to get truly honest answers it is rare to find decision makers in New Zealand organisations who can honestly say their record is impeccable. Part of that probably comes from our Number 8…

Personal Property Securities Act

Are you aware of the Personal Property Securities Act “PPSA” which came into force on 1 May 2002? The Act reforms the law relating to security interests in personal property. It affects lending, leasing and other types of credit-providing activities. The PPSA contains rules for determining the priority between security interests in the same personal…

Do you have a company you no longer need?

Many businesses operate via a company and then are unsure what to do with it once the business is sold or ceases to trade. A company is a separate legal entity and as such it continues to exist until it is removed from the Companies Register.  Unless the Inland Revenue Department (IRD) has been notified…