Services
Starting Up
It can all be a bit daunting when you are contemplating going into business. Business Like can help you navigate this start up phase by ensuring you are comfortable with the pro’s and con’s of buying a business or setting one up from scratch. They can assist you with the most appropriate business structure and ensure you understand the potential future income and expenditure forecasts and cash flows.
You may have heard the saying ‘Cash flow is King’. We firmly believe this – having a cash flow forecast and budget is critical. It is a map to help you to see where you want to go and to give you confidence you are on the right path.
We can make sure you start off on the right foot…..
- Business structures
- Forecasting profit and cash flow
- Business planning
- Due diligence for business evaluation
- Obtaining finance
- Accounting systems and software
Business as Usual
Being in business comes with all sorts of obligations including keeping the IRD and possibly external shareholders happy. Business Like can help you ensure you are meeting these obligations which should free you up to work on and in your business.
We can recommend software packages to help you keep track of all things financial or we can process your information in house and take care of all your filing obligations or a combination of both. This goes hand in hand with having timely information which will help you keep your finger on the pulse and be able to make informed decisions.
We can help you keep on track……
- GST Returns
- Payroll & PAYE services
- Financial Statements for your business and rental property
- Tax return preparation and filing
- Tax review, planning and advice
- Financial analysis
Learn more in our Services page: Small Business Accounting Services
Growing
This is the fun part – we like to see and help our clients grow both professionally and personally. There are so many facets to owning and running a business and by fine tuning some or all of these we can help you grow. Independently reviewing your financial results on a timely basis, evaluating an asset purchase or making suggestions re your processes and procedures can be just what you need to unlock the next step on the growth ladder.
We believe unlocking the potential at a business level has a flow on effect in your personal lives as well and we can help you set personal financial goals too.
We can help you unlock that growth potential…
- Financial performance diagnosis
- Improve cash flow
- Set financial and personal goals
- Review efficiency
- Information systems
- Working capital / funding strategies
- Business planning
- Restructuring
Learn more: Business Advisory Services
Cash Flow Management
Effective cash flow management is crucial to keeping a business stable, especially in today’s economic climate. At Business Like, we work closely with you to review your cash flow regularly, helping you identify any potential issues before they impact operations. The cash flow statement shows the money flowing in and out of a business, providing insights into your company's cash status and ability to cover short-term expenses.
Our approach goes beyond simply tracking numbers—we provide actionable strategies to improve cash flow, from accelerating customer payments to optimising operational costs and retaining more cash within the business.
By planning and managing cash flow effectively, you can avoid shortages, reduce financial stress, and position your business for sustainable growth. Additionally, we help you analyze financial statements to identify opportunities to cut costs and improve financial performance. With our tailored solutions, you’ll have the liquidity needed to keep your business moving forward confidently.
Automation of Accounting Processes with Xero
In the digital age, automating accounting processes has become essential for efficiency, accuracy, and growth. Automation not only reduces the time spent on manual repetitive tasks but also provides real-time financial insights, allowing business owners to make faster, more informed decisions. At Business Like, we specialise in helping businesses streamline their accounting through Xero, a powerful cloud-based software that automates key financial functions such as invoicing, payroll, and reconciliation.
Using business accounting software like Xero is crucial for effectively recording transactions and managing finances. It aids in tracking income and expenses, ensuring clear financial insights, and supporting decision-making processes for business owners.
As a Xero Certified Platinum Partner, Business Like brings expertise and hands-on knowledge to set up and optimise Xero for your business. Our certified accountants ensure that your financial data is migrated accurately, and we tailor the software’s features to align with your business operations.
As a Xero Certified Platinum Partner, Business Like brings expertise and hands-on knowledge to set up and optimise Xero for your business. Our certified accountants ensure that your financial data is migrated accurately, and we tailor the software’s features to align with your business operations.
