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Bookbird Blog

Tips for saving a struggling family business

[fa icon='calendar'] Feb 8, 2018 7:02:00 AM / by Edwina Fairley posted in business tips

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Many of my favourite clients run successful family businesses, where several generations are involved in the day-to-day running or big-picture thinking for a company.

Family businesses are awesome – you get to create and build on something that can be an asset for decades to come, and help each generation 

of your family learn new skills and get a head start in life.

However, there is a flip-side. Family businesses that are deeply entrenched in a family dynamic can run into all kinds of problems. I’ve seen it several times in my years as a bookkeeper. Here are some of the pitfalls to avoid.

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Securing finance to get your small business off the ground

[fa icon='calendar'] Jan 30, 2018 10:37:05 AM / by Edwina Fairley posted in business tips

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“It takes money to make money” is one of those maxims that are touted about in business circles, mostly because it’s true. An idea usually won’t create a business – not without the funds to create a product, start marketing, or reach those first customers.

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Tips for protecting your small business from a natural disaster

[fa icon='calendar'] Jan 18, 2018 1:26:13 PM / by Edwina Fairley posted in business tips

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New Zealand has seen our share of natural disasters over the last ten years. The devastating Christchurch and Kaikoura earthquakes saw hundreds of casualties, condemned buildings, and thriving cities and towns brought to a standstill.

Of course, you don’t get an advance warning of a natural disaster, but you can prepare and put plans in place in case such a thing occurs. Here are some of the things we’ve done – and encourage our clients to do – to ensure that if disaster strikes, your business will survive.

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Three ways to reinvigorate life in your small business in 2018

[fa icon='calendar'] Dec 15, 2017 10:04:41 AM / by Edwina Fairley posted in business tips

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Often, we enter into business for ourselves because we’re looking for a change from the mundane, everyday life. We want to shake up the routine, get out of the nine-to-five, and pursue our dreams.

After a few years of slogging away getting the business up-and-running, it can really start to feel as if you’re back in the mundane again. You’re working nine-to-five (probably eight-to-six, if you’re like most of my clients!), following a routine, and it can all start to feel a little too much like … work.

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Why this professional bookkeeper recommends Xero Projects for small businesses

[fa icon='calendar'] Dec 8, 2017 3:31:20 PM / by Edwina Fairley posted in business tips

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Back in September, Xero announced the launch of Xero Projects, it’s super simple job costing and management tool designed with small service businesses in mind. We’ve been giving Projects a bit of a whirl here in the office, and we reckon it’s a pretty awesome tool if you have simple job costing needs and you want to get more organised in 2018.

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5 New Year's Resolutions for NZ Small Businesses

[fa icon='calendar'] Nov 30, 2017 9:23:07 AM / by Edwina Fairley posted in business tips

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I won’t terrify you by mentioning how many days left until Christmas, but I wanted to note that with only a month until we ring in a new year, it’s a good time to start thinking about what 2018 will mean for your business. Do you have big plans to grow and build on your success in 2017, or are you looking to maintain the success you already have and do great work for your clients and customers?

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Financial year end doesn’t have to be stressful: here’s four ways to make your year-end a breeze

[fa icon='calendar'] Nov 23, 2017 10:43:05 AM / by Edwina Fairley posted in business tips

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It may be only four weeks until Christmas holidays and fun days at the beach, but here in the office I’m starting to feel the rising heart rate and panicked fluttering that can only signal one thing: financial year-end is only a few months away.

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5 Reasons why Xero + Bookkeeper = a win for your small business

[fa icon='calendar'] Nov 17, 2017 10:18:45 AM / by Edwina Fairley posted in business tips

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You may be wondering what all the Xero hype is about? Surely, a piece of software isn't worth all the hoopla associated with Xero?

You don't know what you're missing. Allow me to enlighten you.

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Thinking of selling your business? You need a professional bookkeeper

[fa icon='calendar'] Nov 9, 2017 9:25:05 AM / by Edwina Fairley posted in business tips

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New Zealand is a nation of small business owners. Many of us start a company in the hopes we can make enough money to retire early and spend our days on the boat.
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The 10 commandments for successful bookkeeping for entrepreneurs

[fa icon='calendar'] Oct 26, 2017 4:53:48 PM / by Edwina Fairley posted in business tips

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Here at Change, we’re all about successful bookkeeping for entrepreneurs. But what does that mean, really? We’ve gone all biblical to bring you our ten commandments for bookkeeping success. Disobey them at your peril.

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