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.
Written by Vanessa Williams on September 16th, 2019.
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At Xerocon in Brisbane this year, Xero took the opportunity to build on the story of where they came from and paint a picture of what the future holds for Xero.
Written by Greg Millar on September 11th, 2019.
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From 1 March 2020, Inland Revenue will no longer be accepting cheques if customers have an alternative payment option available. This includes post-dated cheques (cheques dated after 1 March 2020).
Written by Vanessa Williams on September 9th, 2019.
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This article explains how the approach to sales is undergoing fundamental change as organisations gain access to data that was previously unavailable. Analysing sales performance helps us decide what to do next in terms of generating leads, product focus and improved lead times. And it is easier than ever before to track our progress and grow our revenue.
Written by Greg Millar on September 2nd, 2019.
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Continuing our focus on cybersecurity, we list 10 cyber policies and nine governance questions for business owners.
Written by Vanessa Williams on August 28th, 2019.
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If you have a major cybersecurity event that impacts the organisation’s records there is an impact on the trust of the organisation and on reputation which will ultimately impact the finances. We look at eight types of breaches.
Written by Vanessa Williams on August 26th, 2019.
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Accounting is a technical skill, and not all business owners are necessarily savvy in this field. This is where a good accountant can come in.
Written by Greg Millar on August 21st, 2019.
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If you’re a finance leader who thinks cyber risk is someone else’s problem – probably the IT department’s – it’s time for an urgent rethink.
Written by Greg Millar on August 19th, 2019.
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Our article focuses on the importance of having a proper plan in place to protect business assets.
Written by Vanessa Williams on August 14th, 2019.
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More than a baker's dozen of education points about the practice known as 'whaling' and processes to adopt as your organisational and personal cybersecurity checklists.
Written by Greg Millar on August 12th, 2019.
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We stress how pricing is a critical component of a profitable business and the numbers to track while improving profitability.
Written by Vanessa Williams on August 7th, 2019.
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Lawyers and accountants from 11 countries were represented at Alliott Group’s APAC Regional Conference in Shanghai from 17-18 June 2019.
Written by Greg Millar on August 5th, 2019.
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It's a question many of us will be facing. Perhaps not now, or in the near future. But the opportunity to sell your business may come along, either planned or by chance. Whatever the circumstance, you should be ready. The sale process can be intense and happen quickly so make sure you do it right, cover your bases and prepare for a successful exit. It's never too early to start.
Written by Greg Millar on July 29th, 2019.
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Learn how to track sales opportunities so you can predict new revenue that may come into your business.
Written by Vanessa Williams on July 22nd, 2019.
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We examine how to set and make use of Key Performance Indicators (KPI’s) to help run your business. Read why diligent preparation is important so that any actions you take will have a positive and immediate impact.
Written by Greg Millar on July 17th, 2019.
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If you're an employer, you can use Tier One and Tier Two kilometre rates to get a reasonable estimate of expenditure. This will help reimbursing an employee who has business-related use of the vehicle.
Written by Greg Millar on July 15th, 2019.
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When businesses aren’t paid on time, it doesn’t just affect the bottom line – it affects people.
Written by Vanessa Wiliams on July 12th, 2019.
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Read why the key thing for you to do is to be aware of the necessity to monitor your cash flow position on an ongoing basis, particularly relating to work in progress, stock, debtors and creditors.
Written by Vanessa Williams on July 10th, 2019.
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Understanding the RIGHT things to do in a business is of critical importance. Business guidance from Alliotts in Auckland can help prioritise where you should allocate your time for the biggest impact.
Written by Vanessa Williams on July 8th, 2019.
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What’s the difference between Joe’s Burger Bar and a McDonald's franchise? One is completely reliant on the owner and the other has a fully documented system of operation. Which do you think is worth more? Find out how this could apply to maximising your business value.
Written by Greg Millar on July 3rd, 2019.
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Well-organised businesses conduct financial housekeeping to minimise risk and maximise profits and growth. Use our pointers to help improve your own business.
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