+64 9 520 9200      enquiries@alliott.co.nz

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.

Email me when new posts are made to this blog

Research and development tax incentive

Written by Vanessa Williams on October 14th, 2019.      0 comments

light bulb-66-166Find out more about the Research and development tax incentive (RDTI), including eligibility, enrolment and recordkeeping.
 

NZ calling time on cheques

Written by Greg Millar on October 7th, 2019.      0 comments

credit card-261​​​​​​​From 1 March 2020, the IRD will no longer be accepting cheques, including post-dated cheques (dated after 1 March 2020) from customers who are able to use alternative payment options. We outline the various other ways to pay your tax.
 

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.
 

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.
 

Xerocon Brisbane 2019

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

xero platinum logo 210x70 px-629At Xerocon in Brisbane this year, Xero took the opportunity to build on the story of where they came from and paint a picture of what the future holds for Xero.
#xerocon2019
 

NZ moving on from cheques

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

ipad outside screen-253From 1 March 2020, Inland Revenue will no longer be accepting cheques if customers have an alternative payment option available. This includes post-dated cheques (cheques dated after 1 March 2020).
 

Using Data to Drive Success

Written by Vanessa Williams on September 9th, 2019.      0 comments

success-182This article explains how the approach to sales is undergoing fundamental change as organisations gain access to data that was previously unavailable. Analysing sales performance helps us decide what to do next in terms of generating leads, product focus and improved lead times. And it is easier than ever before to track our progress and grow our revenue.
 

Cyber policies should cover these points

Written by Greg Millar on September 2nd, 2019.      0 comments

check tick-407-962Continuing our focus on cybersecurity, we list 10 cyber policies and nine governance questions for business owners.
 

Leading cyber risks

Written by Vanessa Williams on August 28th, 2019.      0 comments

nimbus technology computer-security2-768If you have a major cybersecurity event that impacts the organisation’s records there is an impact on the trust of the organisation and on reputation which will ultimately impact the finances. We look at eight types of breaches.
 

Your numbers should tell a story

Written by Vanessa Williams on August 26th, 2019.      0 comments

ipad outside screen-253Accounting is a technical skill, and not all business owners are necessarily savvy in this field. This is where a good accountant can come in. 
 

The era of the cyber resilient CFO

Written by Greg Millar on August 21st, 2019.      0 comments

catch fish hook-44If you’re a finance leader who thinks cyber risk is someone else’s problem – probably the IT department’s – it’s time for an urgent rethink.
 

Protecting Your Assets and Securing Your Future

Written by Greg Millar on August 19th, 2019.      0 comments

baton-405Our article focuses on the importance of having a proper plan in place to protect business assets.
 

Cybersecurity and whaling

Written by Vanessa Williams on August 14th, 2019.      0 comments

privacy keyboard-613More than a baker's dozen of education points about the practice known as 'whaling' and processes to adopt as your organisational and personal cybersecurity checklists.
 

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. 
 

Alliott Group news - APAC Conference 2019

Written by Vanessa Williams on August 7th, 2019.      0 comments

Alliott-Group 2018-825Lawyers and accountants from 11 countries were represented at Alliott Group’s APAC Regional Conference in Shanghai from 17-18 June 2019.
 

Is Selling Your Business the Next Best Step

Written 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.
 

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. 
 

Your Business Dashboard

Written by Vanessa Williams on July 22nd, 2019.      0 comments

check tick-407-962We examine how to set and make use of Key Performance Indicators (KPI’s) to help run your business. Read why diligent preparation is important so that any actions you take will have a positive and immediate impact.
 

Rates for business use of vehicles

Written by Greg Millar on July 17th, 2019.      0 comments

calculator ledger-516If you're an employer, you can use Tier One and Tier Two kilometre rates to get a reasonable estimate of expenditure. This will help reimbursing an employee who has business-related use of the vehicle.
 

Human cost of late payments

Written by Greg Millar on July 15th, 2019.      0 comments

xero-platinum-partner-badge-RGB-608When businesses aren’t paid on time, it doesn’t just affect the bottom line – it affects people.