business owners

5 Critical Financial Business Metrics

Here are 5 metrics that offer deep insights as business owners consider important decisions.

business performance

Job tracking in Xero

As a business owner, it is important to analyse the components of your business’s revenue. You’ll want to know which products or services are cash cows to keep and which ones are dogs to remove.  Alliotts' new recruit Justin Wong outlines how Xero can help you to do that effectively.

business performance

Builders - using Xero, but really need a Construction Management System?

If you own a building or construction business, do you use a CMS that not only reports on your business performance, but also ties in with your accounting software? Do you even know what a CMS is? Alliotts' trades sector expert Anthony McIlroy works with trade business owners to unlock the value of a CMS to address key questions like how to grow your business, increase cash flow, etc.  

business performance

Timely reminder for NZ construction and trade businesses

Exceeding your business potential? ​Did you know that Alliotts not only works with construction and trade businesses to minimise tax, file GST and income taxes. We also work with businesses like yours to establish what is needed to really get humming. #helpingyoutradebetter  

breakeven

4 questions to ask your accountant to put you in control of your business

These four questions could be very beneficial in helping you make more informed management decisions in your business. So, what are the four questions and how do you go about asking them?

budgeting

Cash flow - the number one issue for small business

Preparing for unpredictability when it comes to your cash flow will make your business even stronger. Formal cash flow forecasting is common practice for conscientious business owners as it’s a great way to budget each financial year. However, developing a forecast can be more complex than simply stating your likely monthly outgoings and income. With the many internal and external variables that can contribute to the growth or decline of your enterprise, provisioning for these in your forecast can be difficult. We outline Alliotts approach to making your next forecast as accurate as possible.

assets

Xero’s Business Performance dashboard is here

Xero’s Business Performance dashboard was released last month and marks the start of a new wave of Xero functionality with new, more powerful insights into the health and performance of your business.

accounting

Eastern Bays and keeping the tax man at bay – how Dell Electrical does both

Auckland’s Milan Dell doesn’t advertise his electrical contracting business like most. He doesn’t need to thanks to the reputation and word of mouth he has built up over the last 15 years, and the great work his father did before that. And, for 25 years now, the Dells have used Alliott NZ to look after their business and personal tax affairs. Between their business and Greg Millar, they have a very streamlined set up in place.