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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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Getting the Most from Your Financial Statements

Written by Greg Millar on June 14th, 2021.      0 comments

consultant-885What Best Practices should you follow when conducting a Financial Review to ensure your decision-making is based on a thorough understanding of your business? This article provides pointers to help you get the most out of your Financial Statements.
 

When is the Right Time to Sell Your Business

Written 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.
 

Knowing your financials is vital for success in 2021

Written by Vanessa Williams on April 19th, 2021.      0 comments

xero platinum logo 210x70 px-6292020 lost some great companies, and the years to come will take more. So how can you begin protecting yourself and your investments when the landscape is still shifting below our feet?
 

2021 Business Planning

Written by Greg Millar on December 7th, 2020.      0 comments

2021 goals 100x100Business leaders are looking ahead to next year and considering what to prioritise. Data can play an important part in these decisions… provided it is used wisely. Our article contains ideas on how data can explain the drivers of your business and where you should focus your efforts.
 

Succession Planning

Written by Vanessa Williams on November 30th, 2020.      0 comments

baton-405As accountants, we like our clients to think ahead… even on a 3 to 10-year timeframe. A major part of this is Succession Planning. Where Succession Planning is concerned, clarity brings opportunity… and the risks of “getting it wrong” can be significant.
 

Put your own oxygen mask on first

Written by Greg Millar on October 19th, 2020.      0 comments

resilience copyBy adopting buffering strategies, business leaders are not only helping themselves but they’re also helping their teams gain focus and clarity.
 

Business Resilience Through Precise Cash Flow Management

Written by Greg Millar on August 17th, 2020.      0 comments

resilience copyManaging cash flow is not a financial challenge. It is a business challenge and resilient businesses will base their assumptions on a good understanding of the market, the business goals and business priorities. 
 

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 Vision and Goals

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

Screenshot 2019-05-02 08Leaders of resilient businesses recognise the importance of a powerful vision statement to focus the activities of management, the broader team, customers and other stakeholders. With the vision in place, they can set short-term and long-term goals and then measure progress. But what happens after a period of upheaval in the market? There will probably be unforeseen challenges and opportunities so leaders need to react decisively. Use our guidelines in this article as you consider the best direction for your business.
 

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.
 

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! 
 

Yield curves

Written by Michael Beech on December 4th, 2019.      0 comments

2017 Michael Beech-431The financial media is currently full of gloomy-sounding references to ‘inverted yield curves’ as a harbinger of a global recession. In lay terms, what does all this mean and how should a long-term investor respond?

 

Management Buyout

Written by Vanessa Williams on September 30th, 2019.      0 comments

baton-405Most businesses experience significant events such as acquisition, merger, liquidation, IPO, etc. A Management Buy-out (MBO) can be attractive to buyers and sellers who know each other well before the transaction. There are risks and careful planning is required. Our article explores these issues and why having a competent advisor is important.
 

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.
 

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.
 

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. 
 

Goals, Strategy and Plans

Written by Greg Millar on February 11th, 2019.      0 comments

set goals-24In 2019 we encourage and help our clients to take the time to do some serious planning using these simple ten steps.
 

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.
 

Top Travel Tips

Written by Hugh Bowden on November 23rd, 2018.      0 comments

Camden Town, London[1]Two years ago, Alliotts Director Hugh took his own advice about planning a UK trip with just his wife, Mary. Six weeks alone with his wife and no children - the reviews are in.

 

Alliotts are Xero Platinum Partners

Written by Greg Millar on October 9th, 2018.      0 comments

xero platinum logo 210x70 px-629The team at Alliotts is delighted to announce that we've attained Xero Platinum Partner status. Find out what 'going Platinum' means for our clients.