IBBZ Accounting

Chartered Accountants & Tax Specialist


Useful tips for Small Business

General update by IBBZ Accounting on latest tax news, business growth and technology tips.

Why cash flow is important for your business?

on in Tax updates
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You might think “I am in a small business, why I need a cash flow?” But small businesses are the most that require cash flow.

Many analysts stated that the main reason for small businesses not growing is because of poor cash management.

Cash flow gives you a broad view of where your cash are going and importantly from where it’s coming from. Because you have complete view of your expenses and incomes you can plan your business activities accordingly.

A positive cash flow means business has cash available after expenses.

Growth perspective

To grow your small business, you need to invest in things which can give you satisfactory returns. The investment activities often require significant funds; however, they are one-off costs to the business. A healthy cash flow often shows inflow of cash from investment activities.

Initial survival

Small businesses usually face financial hardship during its inception. There are fixed expenditures which they have to pay without fail. Cash flow helps in preparing business owners to plan their expenditure and gives them a clear picture of what they can expect while doing a business. It also facilitates in decision making for future activities.

Emergency preparation

Businesses do face emergencies where they need to pay expenses right away. These expenses are unexpected and unforeseeable. Having cash on hand will help meet these expenses easily. Positive cash flow works as an emergency fund for your business.

Lending money

Banks and lenders look at cash flow in order to lend money to small businesses. A cash flow is a complete guide for lenders what are the business activities and how much business is spending and receiving money. A positive cash flow will most likely approve a loan than a negative cash flow for your small business.


Saurav Wadhwa is a Principal Accountant at IBBZ Accounting Limited

M Bus (TAX) PG Cert (LAW) CA CPA

Membership and Qualification:

- Masters in Professional Business Studies (Taxation) with Distinction from Auckland University of Technology

- Post Graduate Certificate in LAW, Law School at Auckland University of Technology

- Chartered Accountant(CA), New Zealand Institute of Chartered Accountants (NZICA)

- Certified Practicing Accountant(CPA), CPA Australia

- Bachelor of Commerce, Grad. Cert. in Business from Auckland University of Technology

Saurav Wadhwa

Saurav has many years of practical experience in tax & accounting services and is the co-founder of IBBZ Accounting Limited.  He is qualified both in law and accounting. Saurav has worked in various tax & accounting specialist roles for large corporates in New Zealand. He loves to work with Small Businesses.

His key focus is on:

  • Tax advisory for small and family operated businesses on a wide range of taxation issues.

  • Legitimate tax saving structures.

  • Advising on range of new business issues.

  • Ensuring business growth is attained.

  • Effective cash flow planning.

Saurav specialises in Tax Disputes resolution, Tax Relief applications, Tax Debt resolution/management, and representation in Tax Audit. Saurav can represent you in Taxation Review Authority,  in Tax Dispute Court Cases or he can represent you during Tax Audit Investigations.

Blend of skills in Tax laws and accounting, makes him perfect advisor for small businesses and individuals like you. Saurav understands how to safeguard your business from creditors risk, maximise the business growth and pay low taxes. He can be your good strategic and business partner. He is of a friendly nature and easily approachable.

Saurav understands the numbers very well. He is a qualified Chartered Accountant and registered with highest professional accounting bodies of Australia and New Zealand. He can help you to plan for the future to satisfy all your financial needs.

Consumed by a hunger for knowledge, Saurav has never stopped furthering his education or expanding his pool of knowledge. Nothing gives Saurav more satisfaction than assisting his clients to achieve their financial goals. His diligence, passion and accuracy has earned him a reputation as a reliable professional who strives to serve his clients above and beyond the call of his duties.

Saurav was nominated for the Best Accountant of the year and the Young Entrepreneur of the year, and his company IBBZ Accounting won the award of Best Small Business 2014. In 2015 Saurav won the award of Best Accountant of the Year.

In 2017 Saurav was appointed as a committee member to New Zealand Public Practice Board of CPA Australia. 

Saurav is a dedicated family man. Saurav is very fond of outdoor activities and enjoys pretty much all outdoor activities: running, bike, motorbike, snorkel, fishing, skiing etc. Saurav, is also a self-confessed workaholic, spends some of his free time thinking about his client’s affairs and forecasting their financial future.

He can be contacted on saurav@ibbz.co.nz  or 09 272 8050


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Guest Wednesday, 26 September 2018