Business Advisory
Business Advisory, Fuelling Taranaki’s Growth.
Ready to accelerate your business’s potential? There’s no doubting our expertise in accounting and tax practices.
What we really love is guiding Taranaki businesses to make their mark on the map, be that a map of New Plymouth, New Zealand or a whole new world of international markets.
Whichever phase your business is in, Tandem Group has a tailored business advisory program to cover everything you need to grow, from strategy and people to finance. Explore our programs below and see how we can make your business work for you, not the other way around.
We have four key programs to match and plan for your current stage of business; start up, growth and establishment, expansion, maturity and exit.
You may also be eligible for the Regional Business Partner Network funding that can help you access specific training and advice that would benefit your business.
Start Up
Tuning your business for success
Your organisation may have been operating for a while or you’re brand new to business. Set your business up for long term success by either learning how to, or having us assist with:
- set and measure business goals,
- understand the environment your business operates in,
- who are your target customers,
- setting your product pricing,
- recruit and hire your team,
- pay your employees on time and accurately,
- make technology work for you,
- understand tax obligations,
- budgets, forecasting and cashflow.
Growth and Establishment
Thriving in the business landscape
Your organisation is tuned and ready for the next phase, growth and establishment. Set your business up for long term success by either learning how to, or having us assist with:
- Revisit your business goals and targets, to stay focused,
- Developing and growing your current client base,
- Reviewing your product pricing, gross margins and long-term pricing strategies,
- Create team policies, procedures, to ensure employee growth and retention,
- Evaluate your current tech stack, ensure you’re operating the most efficient systems,
- Gain more in-depth knowledge into your tax obligations and how ACC works,
- Financial literacy, get your numbers to work for you,
- Develop non-financial KPI’s for business success,
- Alternative methods to fund business growth,
- Check in and evaluate your business structures.
Expansion
Breaking boundaries
Your business is humming and you’re ready to take the leap forward, perhaps expand, merge or acquire. Set your business up for long term success by either learning how to, or having us: assist with:
- Develop options for product or geographical diversification or franchising,
- Understand the risk and rewards of diversification or franchising,
- Develop lifetime value from customers – Pareto Principle,
- Develop and review non-financial KPI’s for business,
- Develop an advanced understanding of cashflow and how to operate it with diversification or franchising in mind.
Maturity and Exit
Succession and Sunsets
After a successful time in business, you’re deciding or have decided to pass the baton onto the next generation. We will teach you the skills to prepare your business to complete the End Game and successfully exit the business. We can assist you with the strategic, financial and people planning for your End Game.
- Options for retention, selling down, or exiting the business,
- Understanding the value of retaining the business vs returns on external investments,
- Succession planning,
- Impact on employees of business successions and sunsets
- End game tax implications and considerations,
- Engaging with legal counsel