Kiwi Geeks - Setting up Business

[Eni]

Hello All,

I'm in Wellington and have been going a bit bonkers trying to figure out WHAT it is I need to do in order to work as a mobile nail technician. For the life of me I cannot find any information on the chambers of commerce or business development websites about the requirements.

1. Am I correct in presuming I need to get liability business insurance? If so, do I just walk into AMI or equivalent with certification in hand? How much will that cost approximately?

2. How do you manage your cashbooks? I have MYOB (I hate it honestly LOL) and was figuring to start to use my templates in MS Excel that I have from the business I had in the US.

3. Do you do taxes provisionally or just file the IR3 at the end of the year?

Any assistance most appreciated. I am trying to get the biz side set up now so once I complete the certification I am ready to go.

Thanx!

 

[k&j]

Hey Chicky, Im in Whakatane bop.. I cant help you with any of the above.lol.. I do nails from a studio at home.. I just came in to wish you luck.. Hopefully someone else from NZ on here can help you..:lol:

 

[grafxgal]

Hello All,

I'm in Wellington and have been going a bit bonkers trying to figure out WHAT it is I need to do in order to work as a mobile nail technician. For the life of me I cannot find any information on the chambers of commerce or business development websites about the requirements.

1. Am I correct in presuming I need to get liability business insurance? If so, do I just walk into AMI or equivalent with certification in hand? How much will that cost approximately?

2. How do you manage your cashbooks? I have MYOB (I hate it honestly LOL) and was figuring to start to use my templates in MS Excel that I have from the business I had in the US.

3. Do you do taxes provisionally or just file the IR3 at the end of the year?

Any assistance most appreciated. I am trying to get the biz side set up now so once I complete the certification I am ready to go.

Thanx!

1. Just ring your insurance company and ask for liabilty insurance, tell them you are a nail technician that will be mobile. Or go on Beauty NZ - The Association of Beauty Therapists of New Zealand Inc. and send them a pm asking about what sort of insurance they would recommend.

2. I use ms office to record it all and then send it through to my accountant. I would suggest getting an accountant.

3. This is where an accountant is really good. Sorry.

 

[Eni]

Thanx ladies! . I've sent a message through to ABTNZ although I suspect they may tell me I have to join, which is fine I suppose.

As far as ringing the insurance company, we are renting (hence why I can't/won't work from home) and we have AMI which don't offer this coverage. I am guessing if ABTNZ can't help I'll have to ring State? Thoughts?

Thanx again
Nancy

 

[grafxgal]

Yeh basically if ABTNZ cant help you then go with State or even Sovereign oh hang on State and Sovereign are owned by same people :lol:
Also dont forget that you will have to pay ACC aswell and if you earn over $40,000. you will have to register for gst. This is where having an accountant comes in reallllly handy.