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The Business Advisory Blog

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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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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.
 

Business Resilience Understanding Your Market

Written 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?

Written 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.
 

From COVID-19 Survival to Resilience

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

Graphic for a website page- CoronavirusSurvival has been on the minds of many leaders recently. But businesses are shifting their focus to resilience. What does it take to build businesses that can survive AND thrive in the longer term? Past methods may not work as well in the ‘new’ environment. Then again, what will really change? In this article, we’ll look at some attributes of resilient businesses.
 

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! 
 

The Importance of Categorising Your Customers

Written by Greg Millar on September 23rd, 2019.      0 comments

barcode head-448While customers are important, not all are alike. Classify yours to help you understand which groups represent the most value to your business and will help you identify your most profitable segments with target services and communications.
 

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.
 

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.
 

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. 
 

A Strategic Approach to Setting Business Goals

Written by Vanessa Williams on January 16th, 2019.      0 comments

set goals-24If you want to build a great business, you need to set challenging goals and engage in calculated risks. To be more effective, you should set specific, measurable, audacious yet realistic, and time-bound goals. Learn a better approach to planning and setting business goals.
 

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.
 

Power of Customer Communication

Written by Greg Millar on September 17th, 2018.      0 comments

remote virtual office desk-762Our article focuses on the importance of developing and implementing a strong customer management program, covering the power of effective customer communication.
 

Managing Customer Expectations

Written by Greg Millar on September 3rd, 2018.      0 comments

retail shop store-792Many business owners find the notion of creating a customer management plan daunting. We suggest working with someone who has helped other business owners through the process. Find out how.
 

Testing times ahead

Written by Greg Millar on May 21st, 2018.      0 comments

interview-829Who really can afford the costs of making a hiring mistake these days, as well as the costs of separating mistakes from your business? The answer lies in extending your recruitment process and making it more reliable and accurate.

 

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.
 

Alliotts case study: Armitage Group

Written by Hugh Bowden on April 10th, 2018.      0 comments

CASE STUDY-703As new General Manager Zachary knew and had worked with Hugh Bowden on tax and accounting in his previous company role, he naturally leant on Hugh to assist with structuring and transitioning Armitage Group from the legacy the founder had left.

 

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'.