Lessons from Contiki

Hamish Mexted Business Strategy & Planning

My current read is Only two seats left! by John Anderson, the founder of Contiki. John makes the point that knowing where your business is at financially is critical: In addition we had an excellent accounts reporting system with monthly accounts providing updated forecasts and cash flows.  Andrew Fleming our Finance Director has massive responsibility and managed to keep our heads above …

Think before becoming a Trustee

Hamish Mexted Asset Protection

An article in the latest NZ Lawyer Magazine written by the IRD is a stark warning to people of the risks of becoming a trustee of a trust.  Although the article is aimed primarily at professional trustees (lawyers and accountants), the risks apply equally to people acting as a trustee in the private capacity for friends or family. The article outlines …