Best Practice

Connected Accountants invests in wellbeing and has set about making it a core plank of our strategy. It isn’t a ‘set and forget’ but an ongoing commitment to improve and focus on the wellbeing of our team. We want our whole team to be happy and healthy and for that positivity to be felt by the customers we work with and the community that we operate within. Craig Hudson from Xero recently presented a personal and business case as to why empathetic leadership matters for you, your team, and your business and what you can do to help set the wheels in motion.

Open banking is a global trend that presents opportunities for SME’s in customer experience and business finance. We are on the cusp of radical changes in the financial system that will increase the efficiencies of getting paid, making payments, and securing fairer access to capital. Read more on how these advancements in technology will aid in a more efficienct and improved financial system which enables better advice for better business.

From January 2021 a new Trustee Act will come into effect bringing with it new expectations on trustees.  A number of the changes are around the duties, obligations and responsibilities of the trustees to the beneficiaries.  With somewhere between 300,000 - 500,000 trusts in NZ, these changes will have a wide-ranging impact. Have a read through what it may mean for you and your family trust.

Developing effective KPIs for your business and your team requires a balanced approach that looks at your business from the perspective of all stakeholders.

Choosing a name is an important step in getting your business off to a great start. We sat down with Richie Connell of Thrival Partners and Matthew Hayes of AJ Park to see what they think is important.

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