Cash Flow vs Profit: Understanding the Difference That Could Save Your Business
Understand the crucial difference between cash flow and profit. Learn how managing both can protect your New Zealand business and support long-term growth.
Practical Tips to Stay on Top of Overdue Receivables
Keep your cash flow healthy with these practical tips to manage overdue invoices.
Faster Growth Through Smarter Financial Reporting
Discover how smarter financial reporting helps New Zealand small business owners achieve faster growth, improve cash flow, and make better decisions using automated tools like Xero and MYOB. Learn practical strategies to boost your business performance and drive success with accurate financial data.
Walsh & Associates Joins Bizdom
We’re excited to announce that Walsh & Associates has joined Bizdom in a merger that strengthens our team and supports our long-term growth strategy.
Structuring Your Business to Safeguard Personal Wealth
The way you structure your business in New Zealand can make all the difference to protecting your personal wealth. Discover the key options for SMEs and what to consider when choosing the right fit.
Essential Financial KPIs Every Business Owner Needs to Track
Running a successful business takes more than hard work and expertise in your field, it requires a clear understanding of the numbers that drive profitability and sustainability.
The History of Artificial Intelligence
Artificial Intelligence, AI, is an exciting technology, but its story goes back much further than many realise.
What the Latest OCR Drop Means for New Zealand Businesses
August 20th, 2025, The New Zealand OCR dropped by 0.25%. Learn more about what this means for you.
What is AI? A Simple Guide for New Zealand Business Owners
Artificial Intelligence (AI) is no longer just a buzzword, it’s a powerful tool revolutionising the way Kiwi businesses operate.
New Building Product Rules
On 28 July 2025, the Government launched the Building Product Specifications (BPS), and it’s good news for the construction industry.
Celebrating Davcon’s Success
We are proud of the success Davcon accomplished at the Central North Island Master Builders Awards. Well done team!
Bizdom Named Finalists in The Gap Awards 2025
We are excited to be recognised as finalists for the The Gap 2025 Supreme Award yet again.
Bizdom Triumphs at The Gap Re.Union 2024 Conference!
The Bizdom team has returned from The Gap Re.Union 2024 Conference with a collection of prestigious awards that recognize our dedication, excellence, and impact in the world of business advisory.
Why Cash Flow Forecasting is Critical
Businesses of all sizes are facing a multitude of challenges of challenges right now due to the increasingly tight economy and reduced spending. With dropping sales and rising costs hitting everyone’s back pockets, the ability to maintain financial stability is more critical than ever.
Remembering Our Purpose in Life
When my days are up, if there is to be any judgement about why I’ve been here, I want the most important reason to have been about family; what I’ve achieved as a husband, father, grandfather (but not just yet thanks very much!!), son, brother and all other extended family roles. In the end that is why we are here on this earth.
Bright-Line Test Changes: What you need to know
In case you missed it, one of the biggest changes happening for property owners and investors this year is the update to the Bright-Line Test for residential land. Starting from 1 July 2024, the Bright-Line Test for the sale of "residential land" is undergoing significant changes. The test period is now reduced to two years for residential property transactions.
Profit vs Cashflow: Strategies to control your $$
There is a massive difference between profit and cash. Let’s explore the differences and make a better plan to increase both…
Cash is NOT equal to Profit
Have you ever sat in a meeting with your Accountant and been told you how much profit you’ve made but thought ‘So where is all the money then?’. You may even have been congratulated on your lift in performance but in the front of your mind, you’re wondering how you’re going to make payroll tomorrow.
Putting the Spotlight on Cashflow Management
As the summer holidays quickly become a distant memory, small business owners across the country are facing the challenging task of managing their cashflow amidst multiple tax payments due and the cost of trading through the summer holiday period.
Getting Your Life Balance Back
As the year draws to a close, it's time to reflect on the incredible journey we've all experienced in business this year. Undoubtedly, it's been a rollercoaster ride filled with challenges, triumphs, and discovering your path to success.
