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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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9 things you need to know before you blog

Posted by Vanessa Williams on July 18th, 2022.      0 comments

ipad outside screen-253Taking advantage of eyes on screens is a no-brainer for engaging customers. But where do you start? In this article, we outline 9 quick blogging tips to help your business stand out from the crowd.
 

7 Ways to Navigate the Changing Employment Landscape

Posted by Greg Millar on June 20th, 2022.      0 comments

jigsaw puzzle-240As Accountants, we know the value of having a stable and productive workforce. We also know the employment landscape is going through significant change. How are businesses evolving as top-class employers to attract (and retain) the best talent? In this article, we offer 7 ideas to help you position yourself as a top-class employer… and then deliver on your promises.
 

Pricing Strategy to Drive Growth and Profit

Posted by Greg Millar on May 10th, 2022.      0 comments

retail shop store-792Pricing strategy is a pathway to increased revenue and profit... but it’s often neglected by management. In this article, we look at factors which influence price and actions you can take to develop and implement an effective pricing strategy. 
 

Managing Your Business in an Inflationary Environment

Posted by Vanessa Williams on December 13th, 2021.      0 comments

sales up-477Many businesses are facing increased costs. This is not necessarily a new business challenge… but the COVID-19 pandemic is driving significant and unpredictable "price spikes". Let’s look at what business leaders should be thinking about in this environment?
 

4 tips to get ahead of the holiday rush

Posted by Greg Millar on November 22nd, 2021.      0 comments

xero platinum logo 210x70 px-629The holiday season is normally one of the busiest times of year for small business owners in the retail space and this year will prove no different. In fact, due to continued challenges like bad weather, container shortages, product shortages and continued port closures due to the pandemic, business owners all over the world should start holiday preparations even earlier this year.
 

When is the Right Time to Sell Your Business

Posted by Greg Millar on May 10th, 2021.      0 comments

business for sale-340We may not get to choose exactly when to sell (or ‘exit’) our business or the terms of that sale. But we can try to control the process so we get the outcomes we want. This article provides guidelines on preparing to sell your business, whether the sale is imminent… or a decade or more away.
 

Business Resilience Understanding Your Market

Posted 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.
 

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

Posted 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.
 

The Power of Price

Posted by Vanessa Williams on March 2nd, 2020.      0 comments

value scale copyUnderstanding how a customer or prospect VALUES your service is critical to getting pricing correct. Our article details an approach to understanding value and various other important factors to grow the profitability of your business.
 

Is Selling Your Business the Next Best Step

Posted by Greg Millar on August 5th, 2019.      0 comments

baton-405It'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.
 

Making sales

Posted 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.
 

3 drivers of strategy

Posted 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.
 

NZ Budget 2018

Posted 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.
 

Essential Elements of Team Engagement

Posted by Vanessa Williams on April 30th, 2018.      0 comments

race-341What motivates you to grow your business, is most likely very different from what motivates people to work in your business.
 

Spotlight on Colin Farmer, Alliott Group

Posted 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.

 

Successful ventures don’t operate in the dark

Posted by Greg Millar on October 9th, 2017.      0 comments

Spotlight Reporting Super VCFO lock up-962Spotlight Reporting is Xero's most popular advanced reporting software add-on, providing another level of insight that all business owners who aspire to success should embrace. 

Here at Alliott NZ, we also exist to help our clients to succeed.
 

Give Your Business Direction

Posted by Vanessa Williams on April 26th, 2017.      0 comments

set goals-266In order to make the most of strategic planning, your business should give careful thought to the goals it outlines and then back up these goals with realistic measures for evaluating results.

Here are three tips on how to create business goals and things to consider.

 

Barber responds to new competition by differentiating

Posted by Greg Millar on November 24th, 2016.      0 comments

barcode head-448A well-established barber shop in a small town was hit hard when a new barber moved into the area and set up in competition. Having held somewhat of a monopoly prior to the arrival of the competitor, the barber had become complacent and benefited from false loyalty. It all came home to roost once the new barber opened his doors.
Topics: competition
 

Understand what your competitors are doing

Posted by Vanessa Williams on November 24th, 2016.      0 comments

race-341If you’re ever in a situation where your revenue or profits are falling year on year, it’s really important to find out why that’s happening.
 

What’s your purpose?

Posted by Greg Millar on July 27th, 2016.      0 comments

WHY-468Why are you in business? ​If you don’t know, your customers surely don’t.

More importantly, if you don’t know, you won’t be able to tell your customers why they should choose you over your competitors. Answering this simple question is critical to forming a purpose statement and creating your marketing strategy.