Accountology Show

In this episode, we will embark on a journey towards financial empowerment and personal fulfillment. In our modern world, the quest for happiness often intertwines with the pursuit of financial security. Yet, as iconic comedian Joan Rivers once said, "People say that money is not the key to happiness, but I always figured if you have enough money, you can have a key made."  We'll exp...

Business Owner, Business Advisor, Coach – and let’s not forget Chartered Accountant, Nicole Hague demystifies the world of accounting! Unravel the intricate dynamics of profit and cash flow in this enlightening episode. We will look at what each term means and how they need to be looked at in isolation as well as one. Discover actionable strategies to optimise both, ensuring financial resilience a...

A well-structured business plan is essential for any business, serving as a roadmap to success by providing direction, financial guidance, risk management, and credibility. In this episode, we’ll cover... the dynamic nature of a business plan the essential elements of a business plan, the significance of financial strategies, the identification of threats and opportunities; and the formulation of...

These episodes are a must-listen for anyone looking to take control of their financial future and enjoy the peace of mind that comes with a well-planned personal budget. We need to move the needle of Personal budgeting from the mundane task of number crunching to it being a fundamental aspect of financial empowerment. The last 2 episodes effectively demystifies the budgeting process, presenting it...

This episode is for EVERYONE. It’s essential you prepare a Personal Budget each year. Instead of being confining, a Personal Budget should be liberating as you can spend guilt-free, knowing other money has been allocated to your expenses. Think of it as a spending plan rather than a budget. We'll show you how to prepare a budget, how to gain control of your personal finances, discover where yo...

In this episode, we're tackling a topic that's crucial for every business owner: Cash Flow . Join us as we demystify cash flow, explore its impact on business success, and provide actionable tips to help you master this essential aspect of business. Show References: https://www.nh-a.co.nz/ https://www.nh-a.co.nz/understanding-your-statement-of-cash-flows/ https://www.nh-a.co.nz/five-steps-...

Ever find yourself wondering where all those hours vanish, while everyone else seems to be living their best life? Well, you're not alone. In this episode we're tackling the age-old question: ""Where does my time go?"" We'll explore the hidden culprits stealing our time, discover strategies to win back those lost hours, and ultimately carve out a life that's mor...

Navigating the realm of debt requires careful consideration and strategic planning. In todays episode we look at the pros and cons of buying v leasing a business asset. Then, delve deeper into the different types of debt – good, bad and ugly! Reference: www.nh-a.co.nz

The business landscape has been anything but predictable lately. From COVID-19 to inflation to interest rate spikes. But amidst all the chaos, one thing remains clear: resilience is key. In this episode, we'll explore the importance of being proactive and strategic in the face of uncertainty and provide tips on how to do this. Instead of waiting for the storm to pass, successful businesses are...

The provisional tax system can be difficult and complex to navigate. In this episode, we’ll cover the somewhat boring yet all-important topic for business owners - Income Tax: specifically Provisional Tax vs Terminal Tax. We’ll explain what the difference is, how it works, how to calculate it and the different methods of calculation. Download your FREE copy of your 12-Point Tax Checklist. Referenc...

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Year End 31 March 2024 - It's a great time to reflect on the prior year, assess your business's financial health, plan for any tax obligations, and consider strategies for the 2025 financial year.   In this episode, we’ll cover the process your accountant will follow to complete your annual accounts and what you can do to make this as seamless and efficient as possible – as well as some le...