Articles

Supply-side procurement ‘risks’ putting NZ jobs and profits in jeopardy: research

By not properly managing supply-side procurement risks, New Zealand businesses are jeopardising billions of dollars in revenue and tens of thousands of jobs.
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New Zealand companies fail to focus on global expansion

While business leaders in mature economies are looking for international expansion opportunities in higher growth emerging economies, the same cannot be said for New Zealand businesses.
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New Zealand companies not engaging fully with risk management

While New Zealand companies and organisations are well aware of risk management strategies, for many it is just a box ticking exercise rather than a core management function.
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Taxing the roof over your head

It’s said that timing is everything. the Inland Revenue’s Policy Advice Division recently published some recommendations regarding employee allowances.
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New Zealand rated 11th best country in the world for growing businesses

The Grant Thornton Global Dynamism Index ranks 50 countries based on 22 indicators separated into five categories
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Click here to download the full Spring 2012 edition of Business Adviser

Cloud computing – an opportunity that’s up in the air

Rapid advancements in information technology have led to some exciting new e-commerce concepts that not only allow businesses greater access to global markets, but also offer innovative ways of doing business, but the tax implications when entering into any form of cloud arrangement need to be considered.
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Finding keepers – recruiting and retaining star employees

Many businesses need to place greater importance on getting their recruitment process right, as making a mistake can have a destructive impact.
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Risk management needs to be dynamic

New Zealand companies and organisations are well aware of risk management strategies and approaches, but for many it is just a box ticking exercise rate than a core management function.
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Click here to download the full Spring 2012 edition of Perspective

Purchasing an existing franchise

With over 23,000 franchises around New Zealand today, anyone looking for a franchise opportunity may have the option of buying an existing business. From a financial point of view, this provides opportunities to verify the potential revenue, profitability and growth potential that are not available when acquiring a new franchise.
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‘Once in a generation’ financial reporting changes - small and medium sized franchises take heed!

The government has proposed a series of significant changes to the Financial Reporting Act to make the process of preparing financial reports less complicated and costly for small and medium sized businesses (SME). We talked with Mark Hucklesby, partner at Grant Thornton New Zealand, about how these changes will affect those who own a franchise.
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How to structure and finance a franchise investment

When looking to buy a franchised business, how you pay for it is key. It will affect not just what you can afford, but also the return you make.
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Click here to download the full Summer 2012 edition of Business Adviser

Improving franchise profitability

While the latest Franchising Confidence Index for New Zealand shows improvements across most indicators, franchisee profitability levels and operating costs are still raising concern.
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Click here to download the full Spring 2011 edition of Business Adviser

Franchising needs a financial lift to take it to the next level

Paul Kane, a partner in New Zealand accounting firm Grant Thornton, looks at the importance of franchising and discusses ways in which the Government could assist with the on-going growth of the sector
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