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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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Introducing Xero projects

Written by Xero on September 25th, 2017.      0 comments

xero-gold-partner-logo-hires-RGB-382Whether you’re a small business, or an accountant working with one, it’s important to know which jobs deliver the best return on investment, and which ones need to be reined in.

Cue projects in Xero: a simple way to capture, track and report on the time and money spent on each job so you can proactively invoice, make informed decisions and manage your business more efficiently.
 

Managing cash flow Pt 2

Written by Greg Millar on September 18th, 2017.      0 comments

NZD calculator-857Anyone running a business knows the story: one day, there is a pile of cash in the bank, then it appears to disappear overnight.

Here are some more tips to help you manage your cash flow if you ever find yourself in this situation.

 

Managing cash flow Pt 1

Written by Vanessa Williams on September 14th, 2017.      0 comments

nz money 100s 50s generic n2-451Anyone running a business knows the story: one day, there is a pile of cash in the bank, then it appears to disappear overnight.

Here are some tips to help you manage your cash flow if you ever find yourself in this situation.

 

Email fraud

Written by Paul Macpherson, Head of Security at Xero on September 11th, 2017.      0 comments

xero-gold-partner-logo-hires-RGB-382Exploitation of email invoices to commit fraud and extortion is a growing problem and no one is immune.

We have seen them targeting businesses – big and small – all over the world but there are 10 things you can be on the look out for to avoid getting caught.

 

Work-life balance losing out, as small businesses spend their evenings chasing invoices

Written by Xero on September 4th, 2017.      0 comments

xero-gold-partner-logo-hires-RGB-382
More than a third of businesses are concerned about cash flow. One in three small/medium business (SME) owners spend their evenings doing business administration and nearly 30 per cent of SME owners want to spend less time at work, according to Xero.
 

Take the opportunity to clean out clutter and move to a simpler life

Written by Michael Beech on August 30th, 2017.      0 comments

2017 Michael Beech-431When managing investments it is advisable to do away with unnecessary clutter. Often a simple strategy is the best strategy.

 

Play to your strengths

Written by Greg Millar on August 28th, 2017.      0 comments

catch fish hook-44Often, many entrepreneurs are the best salesperson of that business.

But as the business grows, they can fall into a common trap. 
 

Hire For Culture, Train For Skills

Written by Vanessa Williams on August 24th, 2017.      0 comments

jigsaw puzzle-240If you assess cultural fit throughout your recruitment process, you will ensure you hire people who will become fantastic in their new roles.  This will certainly help drive long-term growth and success for your business.
 

NZ attacks QLD Government over trade and job risks

Written by Greg Millar on August 14th, 2017.      0 comments

qld-202

TRADE ministers on either side of the Tasman are questioning the legality of the Palaszczuk government’s proposed “Buy Queensland” procurement policy.

A riled-up New Zealand Government extraordinarily slapped down the Premier, accusing her of “lacking an understanding of how trade works” and putting at risk Queensland jobs.

 

Fresh eyes on NZ recruitment

Written by Vanessa Williams on August 9th, 2017.      0 comments

interview-299Just how widespread is CV Cheating and what can you do about it?
 

Could a robot do your job?

Written by Greg Millar on August 9th, 2017.      0 comments

barcode head-448New data from research house AlphaBeta provides the answer.

Search to find your job — if you’re game.
 

3 action steps retailers should take to improve store efficiency

Written by Greg Millar on August 7th, 2017.      0 comments

check tick-407-962Being more efficient isn’t just about crossing tasks off your to-do list and getting things done. It’s also about utilizing the right tools and making sure those tools work together. 
 

Alliotts’ client AML Solutions flying high

Written by Vanessa Williams on August 3rd, 2017.      0 comments

newmarket bus assoc logo-751Following June’s Newmarket Business Awards 2017, Alliotts NZ congratulate client AML Solutions for being recognised at this year’s Best Small/ Medium Business of the Year.

Topics: award, Newmarket NZ
 

What funding is available for NZ small businesses?

Written by Greg Millar on August 2nd, 2017.      0 comments

nz money 100s 50s generic n2-451Whether you’re starting out or a well-established business, government agencies offer a range of support — from mentoring and grants to capability building — to help NZ small businesses succeed.
 

Alliott NZ Case Study: Not another feel-good story about spring-cleaning

Written by Greg Millar on July 24th, 2017.      0 comments

broom-17Any professional in most industries could probably give you five good reasons why you should declutter and organise your life or your business every time the darling buds of spring appear.

For small and medium business owners, doing this is no longer about starting the warmer weather on the right foot.

 

Find the numbers and measure relentlessly

Written by Vanessa Williams on July 20th, 2017.      0 comments

sales up-477In any business there are three core activities that are very important to understand.

And it’s not just about the activities themselves but the numbers that sit behind them.

 

Your Blueprint to Business Success

Written by Greg Millar on July 18th, 2017.      0 comments

check tick-407-962Running a business without a business plan is like rock climbing blindfolded. Your chances of making it successfully to the top are slim. 

A business plan is a step-by-step guide to running your business and creating a product or service that will make it successful in the marketplace.

 

Inland Revenue Scam Alert 🚫

Written by Vanessa Williams on July 12th, 2017.      0 comments

scam-701-357How to prevent and what to do if you have been a victim of identity fraud.
 

Systemise Your Business Before It's Too Late

Written by Greg Millar on June 23rd, 2017.      0 comments

jigsaw puzzle-240In our case study, how Peter sought the help of his Accountant starting with a sizable brief, "Help me get my business under control, find my profit and help me return to working normal hours."

 

Grow Your Business With Efficient Systems

Written by Vanessa Williams on June 19th, 2017.      0 comments

check tick-407-962Many small businesses are so busy running the business and fending off daily emergencies that systems go completely ignored and chaos often prevails.