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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.

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New Zealand Budget 2020

Written by Vanessa Williams on May 15th, 2020.      0 comments

budget blocks copyAs expected, the 2020 Budget has been a high spending one with a deficit forecasted to be $29.6 billion in 2021. We break down the expenditure and key initiatives.

 

Managing (and Getting Help) Through a Business Crisis

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

Graphic for a website page- CoronavirusRecent global events are testing the mettle of even the most experienced leaders. What skills are necessary in this time of uncertainty? What leadership traits will help steer a business through the multitude of challenges and threats? Read on for leadership ideas which can be applied in your business.  
 

Using Data to Drive Decision-making to Build Business

Written by Greg Millar on April 6th, 2020.      0 comments

nimbus technology computer-security2-768Business owners often complain they lack information to make decisions, in spite of many solutions which claim to provide intelligent, customised reporting. Identifying business problems that need solutions and then the data sets which support decision-making is a better approach and we accountants can add value in this process. 
 

Understanding the factors that drive your business

Written by Vanessa Williams on November 25th, 2019.      0 comments

success-182There are many ways to improve business performance but which initiatives will bring the biggest impact? This article identifies some metrics or ‘drivers’ which grow revenue, profit and business value. Establish how you are performing now and measure the impact of any improvement. Focus on the things that matter! 
 

Alliott NZ still top in NZ, 3 years running

Written by Vanessa Williams on November 11th, 2019.      0 comments

NZ T30 icon copyAuckland Chartered Accountants and Business Advisers Alliott NZ Ltd have been named a New Zealand Top 30 accounting firm for the third year running!
 

Alliott NZ joins colleagues at 2019 worldwide conference

Written by Greg Millar on November 4th, 2019.      0 comments

Alliott-Group 2018-825Alliotts' Greg Millar and Vanessa Williams were among the 138 delegates from 78 independent accounting and law firms in 38 countries who were in attendance in Madrid for the 2019 Worldwide Conference of Alliott Group, the firm’s international alliance.
 

ABC success for small business

Written by Greg Millar on July 3rd, 2019.      0 comments

success-182Well-organised businesses conduct financial housekeeping to minimise risk and maximise profits and growth. Use our pointers to help improve your own business.
 

Research & Development Tax Incentive

Written by Vanessa Williams on May 27th, 2019.      0 comments

cogsThis year the Government is working to introduce a new tax incentive for businesses conducting research and development, the research and development tax incentive  (RDTI). The RDTI will give businesses a 15% tax credit if they spend a minimum of $50,000 per year on eligible R&D. Businesses spending less than $50,000 may still be eligible, so long as they are using an approved research provider to carry out their R&D. The Taxation (Research and Development Tax Credits) Bill is about to go before Parliament for its Second Reading. If passed into law, the RDTI will take effect from the beginning of a business’s 2019/2020 income year.
 

The CFO - A Vital Role in the Cockpit of Your Business

Written by Greg Millar on May 2nd, 2019.      0 comments

Screenshot 2019-05-02 08We explain the role of a Chief Financial Officer (CFO) and why it is important in a business. Best practices in managing your accounting function are listed as well as ideas on appointing a Virtual CFO to ensure strategic oversight of your finances.
 

Key Metrics to Measure Marketing Success

Written by Greg Millar on February 27th, 2019.      0 comments

sales up-477When it comes to determining marketing effectiveness, your end goal should be to paint a comprehensive picture of how your marketing efforts are performing. The metrics outlined in this article will put you in a good position to get the complete picture you need to fully understand what’s working and what’s not.
 

Getting More from Your Accounting Data to Generate Sales

Written by Greg Millar on February 20th, 2019.      0 comments

consultant-885Should you abandon all your sales efforts, forget about customer service and just focus on selling to customers? Absolutely not! But you should have a handle on the data. It will probably reveal that there is at least SOME opportunity to grow revenue through your EXISTING customers. 
 

Making sales

Written by Vanessa Williams on November 19th, 2018.      0 comments

sales up-477Here are 7 tips to ensure that you get the most out of each and every sales opportunity.
 

Auckland’s Astar talks with Alliott NZ

Written by Greg Millar on September 10th, 2018.      0 comments

20180907 144001-430Alliotts client Astar is taking those good ol' values we learnt from our grannies and imparting them to a younger gen who've missed out, mostly in the US. Did we mention she has over 100k YouTube followers? And the only place is East as far as Astar's concerned!
 

NZ Budget 2018

Written by Vanessa Williams on May 18th, 2018.      0 comments

budget-789Analysis of this year's major Budget announcements and their likely impact on business, health, transport, the public service and the wider economy. We also take a closer look at wellbeing, which according to the Minister will underpin future Budgets starting from 2019.
 

14 Key Performance Indicators that matter

Written by Greg Millar on April 23rd, 2018.      0 comments

consultant-885Knowing where to focus your attention when it comes to evaluating your business performance can make you more effective and make the best use of your time.
 

Spotlight on Colin Farmer, Alliott Group

Written by Greg Millar on March 8th, 2018.      0 comments

Alliott-Group 2018-825Name: Colin Farmer. Title: Worldwide Chairman. Association: Alliott Group. Accomplishments: Numerous.

We share Colin's views on the big industry players, emerging technologies and his vision for Alliott Group in the future.

 

50% of marketing spend is wasted, but which 50%

Written by Vanessa Williams on December 18th, 2017.      0 comments

calculator ledger-516Measuring ROI is critically important as you consider your marketing spend. Do you know which marketing activities work, and which don’t?

 

5 Lessons Learned From Scaling A Startup Tenfold

Written by Xero on October 30th, 2017.      0 comments

xero-gold-partner-logo-hires-RGB-382As your business grows and you add people, how do you keep everyone focused and heading in the right direction?

Xero's Trent Innes shares 'Five Lessons Learned'.
 

Getting Business Structure Right

Written by Greg Millar on October 23rd, 2017.      0 comments

boxing gloves-840-800Learn why spending time on getting your small business structure right is just as important as the exciting times ahead as a new business startup.
 

Play to your strengths

Written by Greg Millar on August 28th, 2017.      0 comments

catch fish hook-44Often, many entrepreneurs are the best salesperson of that business.

But as the business grows, they can fall into a common trap.