Xero subscription cost increase for Hubdoc integration

From Wednesday 18th March 2020, Xero subscriptions will increase by $2 per month and will include access to Hubdoc.   Hubdoc is an OCR software (Optical Character Recognition).  However, Thnk Advisory still recommends using Receipt Bank as best practice. OCR's are becoming as common place as the internet...

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How to beat the cashflow crunch

How to beat the cashflow crunch

We recently advised a wholesale and retail business that was experiencing large fluctuations in its sales, profits and cash flow. The business supplies goods to energy and rural businesses and is required to carry large stock holdings and significant credit accounts. Heavy rains also caused damage...

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Making a business deal

Buying or building a successful business

We recently advised Tim, a business owner who had started a business providing specialised IT support to a range of government agencies focused on managing climate control. Tim left a lucrative job in the IT industry to fulfil his dream of becoming a small business owner....

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Succeeding in tough times is the hallmark of a successful business.

Succeeding in tough times

Running a successful business is challenging, and most business owners will testify to the fact that long hours, countless sacrifices and many sleepless nights carving out your livelihood are all part of what drives success.   But why do some businesses perform better during tough times than...

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