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Most people think being amazing at what they do will lead to a widely successful business. And they're totally right! There's another level though. That's understanding the core fundamentals of business.
Time and time again, we see owners dealing with cashflows and staff problems. They're too busy and hardly ever take a break. The truth is, that their businesses don't make as much money as they should... because technically they're great at their job, but they don't know business.
That's where Convex Business School comes in. Find out more here.
ACC Refunds
We’re excited to announce our partnership with Accelerate Engine Ltd. Using their bespoke software, they review ACC levies going back to 2002, helping identify potential historical refunds for clients.
Over the next two months we’ll be working closely with their team to ensure ACC levies are expertly reviewed.
Capital Gains Tax
The capital gains tax debate is back — and this time Labour’s proposal could reshape how property profits are taxed. We unpack what’s on the table, how valuation day might work in practice, and what business owners should (and shouldn’t) do next.
The 5 Processes Every 10–20 Person Business Has to Get Right
Growing from 10 to 20 staff? Discover the 5 critical business processes every SME must master — from workflow to payroll — with insights from a chartered accountant.
Process Improvement: The Unlock for 10–20 FTE Businesses
Unlock smarter growth in your 10–20 FTE business by improving finance-led workflows, so billing happens faster, your team works smoother, and you scale with confidence.
Instant 20% Tax Write-Off for New Assets
Budget 2025 introduced a new “Investment Boost” — giving businesses an immediate 20% tax deduction on qualifying new assets, from machinery to commercial buildings. We explain how it works, which assets qualify, and how to time purchases to maximise your cash-flow advantage.
From Yesterday to Today: Refreshing Your Budget
June marks the end of the first quarter of the financial year. It's a critical time to re-evaluate and reforecast your budget – identify how you’re tracking against the plan, and how the plan needs to change to avoid leaving money behind.
Navigating the End of the Financial Year
As we sail closer to the end of the financial year, it's the perfect time to tidy up our financial decks. This isn't just about getting through tax time; it’s about setting sail smoothly into the new financial year with a clear view ahead.
Navigating Your Business Finances: What You Should Expect from Your vCFO
Financials need to take yesterday’s information, combined with where you are today, to predict the future financial position. For many businesses, this is a fraught tasks. However, with the right Virtual CFO (vCFO), you’ll get not just financial management, but strategic guidance tailored to your business's unique needs. Convex believes in providing a comprehensive vCFO service that encompasses the wisdom of 'yesterday', the action of 'today', and the vision for 'tomorrow'. Let's explore what you should expect from your vCFO.
In the Know: Insights from Xero on the Current Business Landscape
The recent release of the Xero Small Business Index report for New Zealand, spanning July to September 2023, offers a wealth of information about the state of small businesses in our country. In this article, we’ll dive into the top five takeaways from the report and discuss three vital considerations for small business owners in response to these insights.
Swap a your Business Plan for a Dynamic Blueprint
We all know the drill with old-school business plans – they're like those long emails from the bank that nobody reads. You're supposed to have this massive document that covers everything from A to Z, but let's be real: it just ends up collecting digital dust on your hard drive.
It needs to be done differently.
Cashflow: Keeping Your Profit in Your Bank Account
You work hard to make money for your business. But do you know where it goes? Sometimes, you may look at your bank account and wonder why it doesn’t match your profit.
The reason is that profit and cashflow are not the same thing. Profit is the difference between your income and expenses. Cashflow is the movement of money in and out of your business. To keep more of your profit, you need to manage your cashflow well.
In this article, we’ll show you how to do that.
Choosing a new accountant?
Finding a new accountant can be daunting.
You don’t switch often and want to build a relationship so the cost of getting it wrong can be significant.
To help, here’s seven secrets you want to know about when choosing your new accountant.
Carbon Accounting: What you need to know
Carbon accounting is a way of measuring how much greenhouse gas your business produces. Greenhouse gases, such as carbon dioxide and methane, trap heat in the atmosphere and contribute to global warming. By doing carbon accounting, you can help reduce your environmental impact and improve your reputation with customers and suppliers.