---
title: BUSINESS HEALTH CHECK
description: "Cash flow is essential at this time of year, so if chasing late payments makes you feel uncomfortable, outsource those phone calls to a trusted virtual assistant.\nTo avoid late payments, switch up your invoicing processes. Offer discounts to customers for early payments, or multiple payment methods, or suggest split instalments to even out cash flow throughout the year.\nHaving a Christmas party? How about a catered lunch at your office then give everyone the rest of the day off? It’s the ultimate thank you!\nAre all staff clear on the closedown period and how it affects their leave entitlements? Communicate clearly now so there’s no confusion.\nDid you ensure your employment contracts and collective agreements are fully compliant? They need to take into account recent changes to the Employment Relations Act 2000 and the rise in minimum wage."
image: https://balanceca.nz/hubfs/1557403904372.png
---

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  # BALANCE
  
  Take control of your finances with BalanceCA, your trusted partner for all your accounting and financial needs. We are dedicated to helping individuals and businesses achieve financial wellness, allowing you to focus on what truly matters.
  
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  ## BALANCE
  
   Take control of your finances with BalanceCA, your trusted partner for all your accounting and financial needs. We are dedicated to helping individuals and businesses achieve financial wellness, allowing you to focus on what truly matters.
  
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## BUSINESS HEALTH CHECK Tags: [Business](https://balanceca.nz/blogs/tag/business) --- ![Balance CA](https://balanceca.nz/hubfs/kamato-1.png) [Balance CA](https://balanceca.nz/blogs/author/balance-ca) Updated: June 05, 2023 Jan 20, 2024 4:21:27 PM ---

- Cash flow is essential at this time of year, so if chasing late payments makes you feel uncomfortable, outsource those phone calls to a trusted virtual assistant.
- To avoid late payments, switch up your invoicing processes. Offer discounts to customers for early payments, or multiple payment methods, or suggest split instalments to even out cash flow throughout the year.
- Having a Christmas party? How about a catered lunch at your office then give everyone the rest of the day off? It’s the ultimate thank you!
- Are all staff clear on the closedown period and how it affects their leave entitlements? Communicate clearly now so there’s no confusion.
- Did you ensure your employment contracts and collective agreements are fully compliant? They need to take into account recent changes to the Employment Relations Act 2000 and the rise in minimum wage.

![image](https://balanceca.nz/hubfs/raw_assets/public/codfina/images/image_web/Logo_1.png)

##### Balance Whanganui

- [0800 480 062](tel:+640800480062) [06 348 0062](tel:+64063480062)
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##### Balance New Plymouth

- [06 769 5389](tel:+64067695389)
- [newplymouth@balanceca.nz](mailto:newplymouth@balanceca.nz)
- 141 Powderham Street PO Box 593, New Plymouth Central, New Plymouth 4310

##### Balance Stratford

- [06 765 6156](tel:+64067656156)
- [stratford@balanceca.nz](mailto:stratford@balanceca.nz)
- 199 Broadway, Stratford, 4352 PO Box 670, Stratford, 4352

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