Protecting Your Assets and Securing Your Future
Written by Greg Millar on August 19th, 2019.
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Our article focuses on the importance of having a proper plan in place to protect business assets.
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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.
Our 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.
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More 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.
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We 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.
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Lawyers 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.
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It'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.
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Learn 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.
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We 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.
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If 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.
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When businesses aren’t paid on time, it doesn’t just affect the bottom line – it affects people.
Watch Your Cash Flow
Written by Vanessa Wiliams on July 12th, 2019.
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Read why the key thing for you to do is to be aware of the necessity to monitor your cash flow position on an ongoing basis, particularly relating to work in progress, stock, debtors and creditors.
Understanding the RIGHT things to do in a business
Written by Vanessa Williams on July 10th, 2019.
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Understanding 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.
The value of a systematic approach
Written by Vanessa Williams on July 8th, 2019.
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What’s the difference between Joe’s Burger Bar and a McDonald's franchise? One is completely reliant on the owner and the other has a fully documented system of operation. Which do you think is worth more? Find out how this could apply to maximising your business value.
ABC success for small business
Written by Greg Millar on July 3rd, 2019.
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Well-organised businesses conduct financial housekeeping to minimise risk and maximise profits and growth. Use our pointers to help improve your own business.
Xero updates Winter 2019
Written by Greg Millar on July 1st, 2019.
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We outline some of the newest updates happening in the world of Xero that should hopefully brighten up your working day.
FY20 business planning
Written 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.
Help for NZ financially distressed farmers
Written by Greg Millar on June 21st, 2019.
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Agriculture Minister Damien O’Connor announced a new debt mediation scheme that will help farmers in financial distress deal with their lenders.
Boarding service providers
Written by Greg Millar on June 17th, 2019.
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Standard cost household service for boarding service providers for the 2019 income year.
Stay close to your numbers
Written by Vanessa Williams on June 10th, 2019.
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Find out how having a better understanding of your numbers helps you to make better business decisions.
New ACC rates set
Written by Greg Millar on June 4th, 2019.
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The ACC levies have been set by regulation for the 2019-20 and 2020-21 tax years.
Research & Development Tax Incentive
Written by Vanessa Williams on May 27th, 2019.
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This year the Government is working to introduce a new tax incentive for businesses conducting research and development, the research and development tax incentive (RDTI). The RDTI will give businesses a 15% tax credit if they spend a minimum of $50,000 per year on eligible R&D. Businesses spending less than $50,000 may still be eligible, so long as they are using an approved research provider to carry out their R&D. The Taxation (Research and Development Tax Credits) Bill is about to go before Parliament for its Second Reading. If passed into law, the RDTI will take effect from the beginning of a business’s 2019/2020 income year.
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