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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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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! 
 

When did you last increase your prices?

Written by Greg Millar on August 12th, 2019.      0 comments

calculator ledger-516We stress how pricing is a critical component of a profitable business and the numbers to track while improving profitability. 
 

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.
 

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.
 

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. 
 

What's Important to Your Team

Written by Vanessa Williams on May 13th, 2019.      0 comments

success-182Managing people is one of the toughest parts of running a business. Team development issues can have a real impact on your business reputation, client retention and profit. Here's how you put a system in place to listen to your team and use their feedback to make real changes to your business.
 

Financial Reporting

Written by Vanessa Williams on March 6th, 2019.      0 comments

calculator ledger-516The quality and relevance of financial reporting influences a manager’s attitude to financial matters. Having a good understanding and good representation of the numbers helps improve decision making and boost business performance.
 

2019 business planning

Written by Greg Millar on January 14th, 2019.      0 comments

new year-433Happy New Year! Although many do possess business skills, financial acumen is rarely high among them. In this article, we list three common financial mistakes that we observe frequently.
 

4 ways to grow your business

Written by Vanessa Williams on November 5th, 2018.      0 comments

success-182Inspirational business speaker Ford Saeks provides four common-sense ways to grow a business.
 

3 drivers of strategy

Written by Vanessa Williams on October 1st, 2018.      0 comments

chess strategy-550Our article explains the 3 core elements that drive strategy and how you can get them into your business.
 

Xero add-ons for your business

Written by Greg Millar on August 29th, 2018.      0 comments

xero-gold-partner-logo-hires-RGB-382As well as bringing up your profit margins, add-ons also help save you time and streamline your cash flow. Work with us to empower your business with the technology to automate mind-numbing admin tasks, and focus on what you do best. So what add-ons should be on your hit list? 
 

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.
 

NZ productivity

Written by ANZ Bluenotes on March 19th, 2018.      0 comments

blood pressure-721Latest data shows New Zealand’s recent labour productivity performance now fits into the ‘not too bad’ category, rather than the woeful state implied by previous figures. 
 

6 Advantages of Cost Accounting

Written by Vanessa Williams on December 11th, 2017.      0 comments

calculator ledger-516Cost accounting is about calculating the total cost involved in the process of production.  In a nutshell: “What it costs to create one widget!”
 

Xero app partner for tradies

Written by Greg Millar on November 27th, 2017.      0 comments

xero-gold-partner-logo-hires-RGB-382Fergus - Cloud-based job management software specially built for tradies.

From site visits through to scheduling, quoting, invoicing and much more - Fergus manages all your tasks in one place and gives you the insight you need to grow.

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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.
 

Managing cash flow Pt 2

Written by Greg Millar on September 18th, 2017.      0 comments

NZD calculator-857Anyone running a business knows the story: one day, there is a pile of cash in the bank, then it appears to disappear overnight.

Here are some more tips to help you manage your cash flow if you ever find yourself in this situation.

 

Your Blueprint to Business Success

Written by Greg Millar on July 18th, 2017.      0 comments

check tick-407-962Running a business without a business plan is like rock climbing blindfolded. Your chances of making it successfully to the top are slim. 

A business plan is a step-by-step guide to running your business and creating a product or service that will make it successful in the marketplace.

 

Maximise business value before sale

Written by Vanessa Williams on March 28th, 2017.      0 comments

business for sale-340There are a number of methods to increase value within this time horizon and the increased payoff can be enormous relative to the company’s current value, which we discuss in this article.