IPOing in NZ – notes from the NZX and Xero presentation

The NZX and Xero, along with Cameron partners and Bell Gully held a “Masterclass” on IPOing in NZ yesterday. Xero CEO Rod Drury wears two hats, as he is also a director of the NZX, but they were also represented by Tim Bennett, the new CEO and Andrew Harmos the chair. Ross Christie from Cameron …

Xero blog: Focus on the customer, and do so with your strengths

Xero’s blog has drifted off course recently, as they commissioned external writers to come up with such marvels as Choosing the right smartphone for your business, How to avoid holiday computer disasters, Social networking policy: what’s in yours?, How to exit a business and win and How to make sure your emails aren’t marked as spam. The quality of the …

Xero, MYOB and GST

My latest Businessday column is up over at Stuff. The cost to New Zealand businesses of complying with the changeover to 15 per cent GST and the other tax changes will be at least $275 million, according to my rough back-of-the- envelope calculations. The upcoming changes should have us all concerned, and small businesses in …

How to avoid upgrading MYOB to cope with GST change

MYOB demonstrate again why I have switched to Xero. To cope with the GST change you either need to upgrade, or follow the instructions on their website. The instruction pages all start with the boilerplate text: “The quickest and easiest way to handle the 1 October GST and tax changes is to update your software.” This …

Analysis or Opinion, Faith or Facts?

I had a good email exchange yesterday with a friend. It started after the Tuesday post on improvement – and my comment about switching from MYOB to Xero. My friend is a big MYOB fan, and challenged the assertion that Xero is better. Now I happen to believe Xero is better as a result of …

Importing MYOB data into Xero – opportunity?

I’m trying to convince my mother to switch to Xero from MYOB. The unfortunate problem is that all of her history is stored in MYOB, and so switching requires re-keying of invoices and the like. The solution to this is to commence using Xero at the start of a financial year, which leads to a …