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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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Precise Cash Flow Management: Best Practices

Written by Vanessa Williams on October 5th, 2020.      0 comments

NZD calculator-857Improving your cash position brings opportunities and reduces business risk. In the absence of equity and debt financing, alternative cash-flow management strategies can make a positive difference.  These ideas will not apply to ALL businesses but perhaps there are some you can implement. 
 

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.
 

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.
 

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!
 

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.
 

Remittance of UOMI due to COVID-19

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

Graphic for a website page- CoronavirusInformation on the remittance of use of money interest (UOMI) as a result of the COVID-19 (coronavirus) pandemic, as announced by NZ Inland Revenue.
 

COVID-19 employer support

Written by Greg Millar on March 18th, 2020.      0 comments

Graphic for a website page- CoronavirusThe NZ Government has compiled Wage subsidy and Leave Payment available to support employers affected by COVID-19. The subsidy is being administered under a high trust model and employers will not be asked for verification before the subsidy is approved. However MSD will have the ability to check applications and verify information at a later date.
 

What are your revenue goals?

Written by Greg Millar on January 28th, 2020.      0 comments

set goals-24Setting goals is key to success but some people find it intimidating and don’t know where to start. This article includes a 6-point guide on goal setting to help you focus and specify goals. This will lead to astute business planning and will bring clarity to the year ahead. It’s never too late to set goals! 
 

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! 
 

Tracking sales and revenue

Written by Greg Millar on July 29th, 2019.      0 comments

calculator ledger-516Learn how to track sales opportunities so you can predict new revenue that may come into your business. 
 

Understanding the RIGHT things to do in a business

Written by Vanessa Williams on July 10th, 2019.      0 comments

panic-456Understanding 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.
 

FY20 business planning

Written by Vanessa Williams on June 24th, 2019.      0 comments

set goals-24This article reminds us of the importance of planning and describes a simple process for arriving at a robust plan which will get you closer to your business goals.
 

Stay close to your numbers

Written by Vanessa Williams on June 10th, 2019.      0 comments

calculator ledger-516Find out how having a better understanding of your numbers helps you to make better business decisions. 
 

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.
 

Meaningful accounting data to drive sales

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

technology-679Accessing and analysing your business data used to be considered a luxury. But now it’s a necessity. Work with us to ensure you have your data at your fingertips, so you can make the best possible business decisions.
 

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. 
 

Defining what you want

Written by Vanessa Williams on June 11th, 2018.      0 comments

set goals-266Read why working with an accountant who is also a business advisor to set goals, establish metrics, provide real-time monitoring and accountability provides business owners with powerful insight. 

 

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.
 

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?