+64 9 520 9200      enquiries@alliott.co.nz

The Business Advisory Blog

Welcome to our blog

Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.

While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents.  Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.

Email me when new posts are made to this blog

Business Resilience: Focusing on the Priorities

Written by Vanessa Williams on September 21st, 2020.      0 comments

resilience copyDo you know where to focus your energy in your business? How to identify the key drivers of your business success? Our article will help you to prioritise the initiatives that will make a difference.
 

5 Steps to Stronger Cash Flow Management

Written by Greg Millar on September 14th, 2020.      0 comments

nz money 100s 50s generic n2-451Some businesses are finding opportunities in the COVID19 environment while others struggle. Common to all businesses is the need for astute cash management. In our article, we look at some best practices to help you best utilise your cash.
 

COVID19 staff layoffs an expensive business

Written by Ross Henderson on September 7th, 2020.      0 comments

resilience copyEmployment law experts say this case sends a strong message to employers not to rely on the pandemic to seek to justify a failure to follow proper process.
 

‘Playing’ the market through short-term trading and timing strategies

Written by Michael Beech on September 2nd, 2020.      0 comments

2017 Michael Beech-431The danger of attempting to ‘play’ the market through short-term trading and timing strategies was highlighted recently in a warning to retail investors by the Australian market watchdog the Australian Securities and Investments Commission.
 

Auckland Alert Level 2

Written by Vanessa Williams on August 31st, 2020.      0 comments

Graphic for a website page- CoronavirusConfirmation that Auckland has dropped back to COVID-19 Alert Level 2 with the rest of New Zealand.
 

Alert Level 3 Extension for Auckland

Written by Vanessa Williams on August 27th, 2020.      0 comments

Graphic for a website page- CoronavirusPrime Minister Jacinda Ardern announced the extension of Alert Level 3 in Auckland to 11.59pm on Sunday 30th August 2020. Auckland will then drop down to Alert Level 2. The rest of the country remains at Alert Level 2.
 

Business Finance Guarantee Scheme

Written by Greg Millar on August 26th, 2020.      0 comments

Graphic for a website page- CoronavirusSmall and medium-sized businesses may be eligible for the business finance guarantee scheme to support operating cash flow disrupted due to COVID-19. The scheme supports banks to take on lending with the government taking on the default risk of up to 80% of the loan.
 

Resurgence Wage Subsidy Scheme

Written by Vanessa Williams on August 19th, 2020.      0 comments

Graphic for a website page- CoronavirusNew Zealand employers who have had, or expect to have, a revenue drop of at least 40% because of COVID-19, for a 14 day period between 12 August to 10 September, compared to a similar period last year can get it.  Other eligibility criteria is similar to the previous wage subsidies.
 

Business Resilience Through Precise Cash Flow Management

Written by Greg Millar on August 17th, 2020.      0 comments

resilience copyManaging cash flow is not a financial challenge. It is a business challenge and resilient businesses will base their assumptions on a good understanding of the market, the business goals and business priorities. 
 

COVID-19 Lockdown Alert Level 3

Written by Vanessa Williams on August 12th, 2020.      0 comments

Graphic for a website page- CoronavirusPlease note that the office of Alliott NZ will close from midday Wednesday 12 August 2020. As we are communicating with all our clients remotely, please ensure that you white label our email communications to make sure that all our emails get to your inbox and not your junk folder.
 

8 Areas to Maximise Your Marketing Results

Written by Vanessa Williams on August 10th, 2020.      0 comments

sales up-477What key areas should you review to maximise your marketing return? In our article, we consider these and how you can use analysis of your industry data (incl competitors) to inform what you should be doing now. We look forward to seeing some discussion on this and hope you take up our offer to discuss Measuring your Marketing Performance!
 

Six ways small businesses can prepare for a reduction in government support

Written by Greg Millar on August 3rd, 2020.      0 comments

resilienceThere’s no doubt that small businesses are doing it tough as a result of COVID-19. But through planning, considering the impacts of the pandemic on others throughout their demand chain, and preparation small business owners can find navigate their way to better days.
 

Business Resilience Vision and Goals

Written by Greg Millar on July 27th, 2020.      0 comments

Screenshot 2019-05-02 08Leaders of resilient businesses recognise the importance of a powerful vision statement to focus the activities of management, the broader team, customers and other stakeholders. With the vision in place, they can set short-term and long-term goals and then measure progress. But what happens after a period of upheaval in the market? There will probably be unforeseen challenges and opportunities so leaders need to react decisively. Use our guidelines in this article as you consider the best direction for your business.
 

Business Resilience Understanding Your Market

Written by Vanessa Williams on July 20th, 2020.      0 comments

resilience copyRecent business conditions may have had a dramatic effect on your customers and competition. The change could be positive or negative, temporary or permanent. How do you know and what do you do about it? Leaders of resilient businesses are especially sensitive to market changes and focus on a few important questions.
 

Business resilience - let's talk about goals

Written by Greg Millar on July 13th, 2020.      0 comments

set goals-24Resilient businesses get really clear on their goals, hold themselves accountable and track progress meticulously. Recent business conditions may require you to revisit your business goals, even your business vision and Alliotts can help.
 

Important message for Businesses from NZ Inland Revenue

Written by Vanessa Williams on July 7th, 2020.      0 comments

IRD iconThe NZ Government has announced a further extension for the Small Business Cashflow (loan) Scheme (SBC).
 

$30,000 scam in similar method to Team NZ

Written by Vanessa Williams on July 6th, 2020.      0 comments

scam-701-357An NZ business owner was scammed out of money after a fake invoice was sent to his business. Even though he caught the scam within a couple of hours of the money being sent, banks were not able to retrieve the funds.

Topics: invoices , scam
 

How 3 creative Kiwi businesses handled COVID-19

Written by Xero on July 2nd, 2020.      0 comments

xero-platinum-partner-badge-RGB-608COVID-19 rocked the boat for many small businesses in New Zealand. Business owners had to work hard to stay afloat. These three awesome Kiwi businesses hustled to help their business survive the storm of COVID-19.

 

Is Your Business Model Standing the Test of COVID-19?

Written by Greg Millar on June 29th, 2020.      0 comments

Graphic for a website page- CoronavirusYour Business Model is not something you change lightly. Only fundamental shifts in your market, vision or business priorities will justify modifying how you make money. That said, a vibrant and resilient organisation is ultra-sensitive to change and responds quickly.
 

NZ Winter 2020 update

Written by Vanessa Williams on June 25th, 2020.      0 comments

remote virtual office desk-762Many of our clients have availed themselves of the opportunity of asking us to perform a wider range of duties over recent months – why not discuss with our team the broader range of services and support we offer to help you survive in your business beyond COVID-19 and during this financial year?