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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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Watch Your Cash Flow

Written by Vanessa Wiliams on July 12th, 2019.      0 comments

consultant-885Read 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.      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.
 

The value of a systematic approach

Written by Vanessa Williams on July 8th, 2019.      0 comments

business for sale-340What’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.      0 comments

success-182Well-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.      0 comments

xero-platinum-partner-badge-RGB-608We 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.      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.
 

Help for NZ financially distressed farmers

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

hand-352-636Agriculture 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.      0 comments

house hands-626Standard 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.      0 comments

calculator ledger-516Find 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.      0 comments

check tick-407-962The 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.      0 comments

cogsThis 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.
 

NZ agri focus report

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

vineyardLatest research by ANZ Bank on the key issues affecting our farming sector and rural economics insights that provide in-depth analysis of rural markets and commodities.
 

SmartPayroll email fraud

Written by Greg Millar on May 20th, 2019.      0 comments

scam-701-357SmartPayroll has been advised by banks they work with that there is a new email fraud scheme circulating that involves payroll. We make you aware of what to look out for.
 

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.
 

The CFO - A Vital Role in the Cockpit of Your Business

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

Screenshot 2019-05-02 08We explain the role of a Chief Financial Officer (CFO) and why it is important in a business. Best practices in managing your accounting function are listed as well as ideas on appointing a Virtual CFO to ensure strategic oversight of your finances.
 

XERO PROJECTS Tasks and expenses

Written by Vanessa Williams on April 29th, 2019.      0 comments

xero-platinum-partner-badge-RGB-608Xero has introduced more granular invoicing options in Projects, allowing users to show time as individual line items on an invoice. Users can now choose to include details such as the staff member, date, task and description from their time entries. This feature is available on both the web and the Projects mobile apps versions of Xero.
 

Customer loyalty

Written by Greg Millar on April 8th, 2019.      0 comments

loyal customer-749Understanding what your customers really think about your business could be the difference between them staying or leaving for a competitor. Find out how to get feedback and create loyal customers.
 

Upcoming changes to NZ payroll

Written by Vanessa Williams on April 2nd, 2019.      0 comments

xero-platinum-partner-badge-RGB-608Xero provides tools and education to make your compliance and updates a breeze, leaving you with more time to focus on doing the things you want to do.
 

2019 year-end checklist

Written by Greg Millar on March 26th, 2019.      0 comments

check tick-407-962FREE CHECKLIST! There are actions you can take now to maximise tax deductions prior to this date. We’ve provided a useful checklist of tax deductions available for you to consider.
 

New NZ employment law from 1 April

Written by Vanessa Williams on March 18th, 2019.      0 comments

april-706941 960 720-789From 1 April 2019, employees who are affected by domestic violence will have new entitlements and rights.