Planning For The New Year

For most people, the New Year marks the start of new resolutions and goals. It’s an opportune time to review the past year and plan for the next both personally and in business. We’ve all had a tough year this year, it’s been a year full of challenges and we have all had to face many obstacles along the way, but I bet those who had a plan won’t be feeling quite as much pain as those that don’t.

So, if you haven’t done so already, it’s time to sit down and plan your business objectives for the year. Normally we would encourage a 12-month plan but with this ever-changing environment, we recommend focusing on just the next 3 months. The key to any plan is to review it regularly.

So, what are your KPIs? Are they measurable? Have you set a timeframe for them and most importantly are they achievable? Most targets can be achieved as long as you have done your research and you have figures to back them up.

Good accounting and management systems are vital to delivering the information you need to make informed decisions. By investing your time in understanding the fundamental of your business, such as your breakeven point and bottom line, you will then be in a better position to move your business forward. We are here to help and provide insights into your business environment. We know that if you have a better understanding of your numbers it will help your business grow.

At TAEL, we provide personalised business planning and advisory, so if you are wanting to sit down with us and look at your numbers, understand your figures and help you figure out your areas of growth get in touch with us to organise an appointment.

ASWEFA has been benefiting from the outstanding service Tael Solutions has provided for a number of years. During these years ASWEFA has changed names, expanded from one company holding to 6 company holdings as we have franchised and developed 3 new sites and franchises. We not only contract Tael for monthly and annual account processing but they also manage our Trust accounts and IRD requirements. As well as this we hold quarterly financial meetings to have them assist us to explore and set financial goals and address areas of increased costings or potential sales opportunities to ensure we run at maximum capacity. These meetings involve looking at everything from staff capacity and future requirements to site/machinery/technical requirements to ensure we are future proofing our business as much as possible. They know our business well and can make observations with a fresh set of eyes that always provoke new thoughts and ideas. We are privileged to provide this reference and recommend Tael for any business big or small – but in particular if you are wanting to grow as they have become an integral part of our business and contributed to our success.

Treena Myers - ASWEFA Regional Office - Forklift training providers

I moved our law firm’s accountancy and business advisory work to TAEL Solutions over a year ago now and I have been consistently impressed with its energy, focus, and command over every aspect of how the business side of our practice operates and augmenting a better run, more efficient business. I highly recommend TAEL solutions to those looking to improve their business financial performance.

I moved our law firm’s accountancy and business advisory work to TAEL Solutions over a year ago now and I have been consistently impressed with its energy, focus, and command over every aspect of how the business side of our practice operates and augmenting a better run, more efficient business. I highly recommend TEAL solutions to those looking to improve their business financial performance.

Doug Cowan - Cowan Law

I wish I had found the team at Tael earlier! As a small business owner with minimal experience and understanding of Accounting and Bookkeeping, I've learnt a valuable lesson: 'surround yourself with the right people' The contrast between Tael Solutions and my previous firm couldn't be greater. They understand my business and provide the insight, recommendations and guidance that I so desperately needed. The team at Tael are a pleasure to deal with and I am confident that I'm in good hands.

Mike Covich - LocoMedia Limited

TAEL Solutions Ltd have been processing our accounts for two years now. For the first year they completed and prepared the annual accounts prior to auditing and for the second year we moved to full monthly accounts and looking after all tax issues, right through to Board Reports and preparation for auditing. As a Not for Profit organisation we especially appreciate the advice we get in regards to our responsibilities in our reporting for Community Services (Department of Internal Affairs) and our major grant providers. We are a small team and prefer to put our efforts into the provision of support services to our “kids” and their families. I would recommend Natasha and the team at TAEL Solutions to any SME or NFP requiring accounting services and professional support to help grow their business and to ensure that good accounting and governance practices are provided.

Keith Mackenzie - Chief Executive, Kidney Kids NZ

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Planning For The New Year

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