business

4 Priorities for Successful Businesses in 2023

It’s a good time to think ahead to 2023 and identify areas of strategic focus for your business. While each business is different, key themes are emerging. We got together with some successful businesses and developed a list of strategic priorities. To see how this compares with your list, read on…

assets

Business Valuation. What Is Your Business Worth?

Building a business can be a long, challenging process. One way to assess how you are doing is to VALUE your business… and then try to grow that valuation. This keeps management on track and is interesting to sellers, investors or lenders. In this article, we look at how to go about valuing your business.

business sale or succession

When is the Right Time to Sell Your Business

We may not get to choose exactly when to sell (or ‘exit’) our business or the terms of that sale. But we can try to control the process so we get the outcomes we want. This article provides guidelines on preparing to sell your business, whether the sale is imminent… or a decade or more away.

business advice

Using Data to Drive Decision-making to Build Business

Business owners often complain they lack information to make decisions, in spite of many solutions which claim to provide intelligent, customised reporting. Identifying business problems that need solutions and then the data sets which support decision-making is a better approach and we accountants can add value in this process. 

benchmarks

The Power of Price

Understanding how a customer or prospect VALUES your service is critical to getting pricing correct. Our article details an approach to understanding value and various other important factors to grow the profitability of your business.

cost accounting

Understanding the factors that drive your business

There are many ways to improve business performance but which initiatives will bring the biggest impact? This article identifies some metrics or ‘drivers’ which grow revenue, profit and business value. Establish how you are performing now and measure the impact of any improvement. Focus on the things that matter! 

business sale or succession

Is Selling Your Business the Next Best Step

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.

business sale or succession

Readying for business sale

What steps do you need to take to get your business ready for sale? Business owners might not be thinking about selling right now, but a future sale should always be part of your strategic planning.

customer experience

14 Key Performance Indicators that matter

Knowing where to focus your attention when it comes to evaluating your business performance can make you more effective and make the best use of your time.

business sale or succession

NZ business succession planning

A tidal wave of small business owners in New Zealand are looking to retire or sell their business over the next five to ten years. Read on to get Xero's free report to help maximise the value of your business if you are looking to exit the workforce.

business sale or succession

Thinking of selling your business?

One of the questions we often ask our clients is, "When do you plan to sell your business?" Whatever the response, what we like to get our clients thinking about is the sooner you plan out the succession or sale of your business, the more time you have to get things right and, in the case of sale, to maximise the sale price.