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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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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.
 

Take a few mins: strengthen security

Written by Greg Millar on June 5th, 2017.      0 comments

xero-gold-partner-logo-hires-RGB-382Keeping your business secure in today’s online world can be tricky, but two-step authentication makes it harder for others to access your Xero account, so your data is protected.
 

Fail fast

Written by Vanessa Williams on June 2nd, 2017.      0 comments

success-182By virtue of the fact that you’re reading this article, is it fair to say you’d like to try something different to create a better business than the one you have right now?

To do so often requires changing something in your business, but there are two big inhibitors to doing the things that will enable it.

Topics: change , success
 

Investment strategy's impact on net return

Written by Michael Beech on May 29th, 2017.      0 comments

2017 Michael Beech-431When an investor is considering the cost of an investment they need to dig a lot deeper than just the management fees.

If an investment is inefficiently managed it will probably have a much bigger impact on net return than management fees.
 

NZ Budget 2017: Business growth agenda

Written by Greg Millar on May 26th, 2017.      0 comments

budget-789The Government’s plan for growth is sensible conservative fiscal policy, strong orthodox monetary policy, and an ongoing programme of microeconomic reform that enhances the competitiveness and confidence of Kiwi businesses.

It is crucial that we pull on all three of these levers.

 

NZ Budget 2017: Family income and tax rates

Written by Greg Millar on May 26th, 2017.      0 comments

budget-789$2 billion a year Family Incomes Package announced, commencing 1 April 2018 that will make changes to tax thresholds, Working for Families and the Accommodation Supplement to help Kiwi families get ahead.

The Minister believes it is a first step towards simplifying the income tax system.

Topics: budget, New Zealand, tax
 

NZ Budget 2017

Written by Vanessa Williams on May 26th, 2017.      0 comments

Flag of New Zealand-331It’s too early to tell whether what was released in this year's Budget will be amplified before the election. The fiscal tank doesn’t feel empty by a long shot.

New Zealand is in an enviable position globally that we can’t afford to squander, according to Budget commentators Deloitte.

Topics: budget, New Zealand
 

FREE EVENT Guide to Foreign Exchange & Risk Management

Written by Greg Millar on May 16th, 2017.      0 comments

NZD calculator-857We are excited to offer an exclusive presentation by the team from HiFX - one of the largest foreign exchange and international payment specialists in the world.
 

Your IT security - does it pass muster?

Written by Vanessa Williams on May 16th, 2017.      0 comments

nimbus technology computer-security2-768A salient reminder of how to keep your business as protected as possible from cybercrime and malware attack.
 

Xero invoice branding themes

Written by Vanessa Williams on May 11th, 2017.      0 comments

xero-gold-partner-logo-hires-RGB-382Ever wondered how you might customise your invoices in Xero to suit your particular business needs?

Then we can answer that with two words “branding theme”.

Topics: invoices , Xero
 

Tax Finance - an efficient use of capital

Written by Greg Millar on May 11th, 2017.      0 comments

TT HORIZ BLACK BLACKX-932Taxes are one of life’s few certainties, but that doesn’t mean they’re necessarily the most efficient use of your capital.
 

Xero & Fixed Assets

Written by Rose McNair on April 28th, 2017.      0 comments

xero-gold-partner-logo-hires-RGB-382 For those who have not had a go at entering Fixed Assets in Xero, this is how you can do it.

Topics: fixed assets , Xero
 

Why do you get up in the morning?

Written by Greg Millar on April 27th, 2017.      0 comments

WHY-468Most people in business spend too much time focusing on WHAT they do.

Is it time to figure out WHY you do what you do?

Topics: strategy, vision
 

Give Your Business Direction

Written by Vanessa Williams on April 26th, 2017.      0 comments

set goals-266In order to make the most of strategic planning, your business should give careful thought to the goals it outlines and then back up these goals with realistic measures for evaluating results.

Here are three tips on how to create business goals and things to consider.

 

Xero's tips for managing a late payment

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

stress2-706Are overdue invoices keeping you up at night?

Check out Xero's four useful tips to help manage late payments.