Financial Matters
Must Read
Here’s a selection of the most popular articles in this section.
Understanding The Numbers
Philip Morrison of Franchise Accountants explains what financial reports can tell you about the business you’re buying
All Articles
What Can You Afford?
Before you start looking at any particular franchise, you need to know what’s possible. Philip Morrison explains how to evaluate your own financial position
Know the Numbers That Count
Philip Morrison offers advice on managing cash flow and paying tax
Understanding The Numbers
Philip Morrison of Franchise Accountants explains what financial reports can tell you about the business you’re buying
Lessons Of A Lifetime
June 2022 - Recently-retired Dean Madsen shares experiences gained from over 20 years in franchise banking
Making Money - helping franchisees increase profits
Every business owner needs to keep an eye on their bottom line. Simon Lord shares some real-life examples of the ways companies are helping franchisees increase profitability
Practical help with getting tax relief
30 August 2021 – Philip Morrison of Franchise Accountants offers some practical guidance on how to help franchisees secure relief from IRD to spread out their tax burden and help with business resilience
Covid-19 financial support for businesses - updated
19 February 2021 - In December 2020, the Government announced the support that would be available to New Zealand businesses in the event of a resurgence of Covid-19. Given the current change in Alert Levels, here's an update from the team at Franchise Accountants.
Doing The Sums On Buying A Franchise
October 2010 - How do you evaluate a franchise from a financial point of view? Lorraine Lord follows one man’s journey as he does his sums on a real-life business opportunity
Will it make money?
Philip Morrison looks at how to calculate whether a franchise is a worthwhile investment
The Circle Of Life
Having the right banking solutions in place for every stage of your business life cycle can make a big difference, says Daniel Cloete of Westpac
Working Capital The Fuel In The Tank
Philip Morrison of Franchise Accountants explains what you need to get your business started and keep it going
GST for beginners
If you’re new to business, GST can be confusing. Philip Morrison of Franchise Accountants provides a guide
Mobile payments made easier for franchisees
August 2018 – Small to medium business owners and franchisees can now receive card payments, send invoices, quotes and receipts using Westpac NZ’s updated Get Paid app and secure card reader.
Valuing A Business
Thinking of buying a business?
Seven Ingredients To Financial Success
Too many businesses decline or fail to perform as well as they could because the owners or managers lack financial skills and the ability to pay attention to the basic indicators that affect performance and profitability. The National Bank has provided this guide which outlines seven management skills to help you get the best out of your business.
to register or deregister?
GST IS THE QUESTION
June 2010 - Craig Weston and Estelle Logan look at some of the issues surrounding changes in the GST regime
HOW MUCH
could I sell my franchise for?
May 2012 - I own a franchise and am thinking about selling it. Can you give me any direction on who I could talk to regarding valuing an existing franchise?
Getting The Right Price
When the time comes to sell your franchise, how do you get the right price for it?
Keeping Your Business Safe From Fraud - Part One
Fraud is very much in the news in franchising right now. Steve Davis looks at common types of fraud which can affect both franchisees and franchisors and suggests ways of preventing them
Keeping Your Business Safe From Fraud - Part Two
In the first article, Steve Davis looked at common types of fraud which can affect both franchisees and franchisors. Here he suggests some controls to help you avoid getting caught out.
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