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.
Posted by Greg Millar on February 14th, 2022.
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Most business leaders agree that branding is important in business. Given the opportunity, they’d like to strengthen their brand to generate more leads, grow sales and increase customer loyalty. How do you ‘strengthen a brand’? It can get murky at this point... so let’s take a closer look.
Posted by Vanessa Williams on August 30th, 2021.
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How are the leaders in your business doing? Perhaps they are thriving in these business conditions or maybe a different approach is required. In this article, we look at some leadership skills which are proving to be really valuable as businesses find a path forward this year and beyond.
Posted by Greg Millar on June 14th, 2021.
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What 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.
Posted by Greg Millar on May 10th, 2021.
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We 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.
Posted by Vanessa Williams on April 19th, 2021.
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2020 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?
Posted by Greg Millar on December 7th, 2020.
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Business 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.
Posted by Vanessa Williams on November 30th, 2020.
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As 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.
Posted by Greg Millar on October 19th, 2020.
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By adopting buffering strategies, business leaders are not only helping themselves but they’re also helping their teams gain focus and clarity.
Posted by Greg Millar on August 17th, 2020.
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Managing 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.
Posted by Vanessa Williams on August 10th, 2020.
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What 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!
Posted by Greg Millar on July 27th, 2020.
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Leaders 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.
Posted by Greg Millar on July 13th, 2020.
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Resilient 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.
Posted by Greg Millar on January 28th, 2020.
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Setting 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!
Posted by Michael Beech on December 4th, 2019.
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The 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?
Posted by Vanessa Williams on September 30th, 2019.
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Most 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.
Posted by Vanessa Williams on June 24th, 2019.
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This 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.
Posted by Vanessa Williams on May 13th, 2019.
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Managing 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.
Posted by Greg Millar on February 20th, 2019.
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Should 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.
Posted by Greg Millar on February 11th, 2019.
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In 2019 we encourage and help our clients to take the time to do some serious planning using these simple ten steps.
Posted by Vanessa Williams on January 16th, 2019.
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If 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.
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