Wednesday, 14 July 2021, 12:06 pm
Some Kiwi SMEs are calling it a funny economy because
some companies are busy while others in the same industry
have gone quiet – a movable feast that can change month to
month – but, as one chartered accounting firm is
asserting, it possibly has less to do with the economy than
with the business itself.
Director at BetterCo
chartered accountant and business advisor, Alister Siew,
says the New Zealand economy, buoyed by the property
industry, is doing better than expected, and perhaps it s
time for those that are struggling to reassess their
business plan or strategy. To begin with, a business
Press Release – BetterCo
Some Kiwi SMEs are calling it a funny economy because some companies are busy while others in the same industry have gone quiet – a movable feast that can change month to month – but, as one chartered accounting firm is asserting, it possibly has less to do with the economy than with the business itself.
Director at BetterCo chartered accountant and business advisor, Alister Siew, says the New Zealand economy, buoyed by the property industry, is doing better than expected, and perhaps it’s time for those that are struggling to reassess their business plan or strategy.
“To begin with, a business should take steps to mitigate the damage that seasonal fluctuations can do to cash flow. It is winter, it is school holidays, but if your business is affected by the season, it should not surprise you.
Press Release – BetterCo Some Kiwi SMEs are calling it a funny economy because some companies are busy while others in the same industry have gone quiet a movable feast that can change month to month but, as one chartered accounting firm is asserting, it possibly has …
Some Kiwi SMEs are calling it a funny economy because some companies are busy while others in the same industry have gone quiet – a movable feast that can change month to month – but, as one chartered accounting firm is asserting, it possibly has less to do with the economy than with the business itself.
Friday, 30 April 2021, 5:55 am
Higher house prices contributing to the rapid
gentrification of suburbs across New Zealand pose yet
another challenge for small businesses owners, who may find
the products and services that served them well a year ago
no longer meet the changing neighbourhood s
needs.
BetterCo Business Advisors and Chartered
Accounting firm director, Alister Siew, says his firm is
working with some small businesses whose profits are
declining because their offerings don t meet the tastes of
more affluent buyers moving into Auckland suburbs like New
Lynn, Glenn Innes and Mt Roskill. Where a year ago a
pie and an energy drink were the standard stock-in-trade for