Business Advice

 

When we started RightWay in 2011, we figured that to really support New Zealand businesses, we had to go beyond accounting. So, we formed our Business Partner team who partner with our clients on an advisory level.

Our Business Partner team is made up of experienced business owners, so they understand the trials and tribulations of running a business because they’ve been there too! Our advisors provide a great sounding board for your ideas and offer impartial, external advice and support on-call.

Backed up by our extremely knowledgable, nationwide team of, Accountants, Bookkeepers, Agribusiness Payroll, and HR specialists. Our Business Partners have a wealth of knowledge to assist you in building your business to be everything you want it to be!

We understand that the day-to-day tasks of running a business, delivering for your clients, and supporting your team can cause strategic planning to slip. By working with a RightWay Business Partner, you’ll ensure your business is set up for success this month, and in the years to come.

At RightWay, our clients never go it alone. 

Rightway-Tauranga-client

Ensure your business is set up for success

Made up of experienced business owners and operators who are passionate about strategic business development, our Business Partners know first-hand the pitfalls to avoid and the best routes to success.

Our Business Partners offer a full range of advisory services designed for small and medium companies. Each of our clients benefits from technical expertise and specialist experience to solve problems and structure a healthy business that serves their needs.

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Ensure your business is set up for success

Made up of experienced business owners and operators who are passionate about strategic business development, our Business Partners know first-hand the pitfalls to avoid and the best routes to success.

Our Business Partners offer a full range of advisory services designed for small and medium companies. Each of our clients benefits from technical expertise and specialist experience to solve problems and structure a healthy business that serves their needs.

Planning, advice, and support

The specialist advice we provide is unique to you and your business, based on our qualifications and years of practical experience. We’ll help you streamline operations, boost profits, minimise your tax liabilities, and reach both your business and personal goals sooner.

business planning

Business Planning

We start by working alongside you to understand you and your business. Our strategic planning sessions will identify challenges that might be holding you back, and opportunities worth taking. Together, we’ll then formulate a clear, practical plan to achieve your goals.

business support

Business Support

We support you with regular meetings to track the progress of your plan. We’re there in person or at the end of the phone to listen, bounce ideas around, and tackle any obstacles. Problems solved, together.

Business performance

Business Performance

Business is personal. To achieve your goals you need to know if your business is on track. We look beyond the numbers, tracking your growth and success with both financial and non-financial measures.

Cash flow forecasting and budgeting

Having a clear picture of your income and outgoings gives you confidence and puts you in control. When you work with RightWay, your budget is always aligned with your business goals – you’ll know exactly where you are, where you’re going, and how you’ll get there.  

Cash management

Cash Management

Here’s our ‘no surprises’ policy. Because we know the ins and outs of your business, we’ll help you manage your cash flow, and put aside a rainy day contingency so you can dream bigger, and sleep better.

Forecasting

Forecasting

A good forecast gives you a clear picture of the future, but a bad forecast can derail you. We’ll help you forecast quickly and accurately, so you know where you’re headed.

Keen to hear more about we can support you and your business?

Let’s arrange a catch up and you can tell us what it is you’re trying to achieve.

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Learn more about growing a successful business with our expert advice

Scaling a business the right way

Many highly ambitious business owners and entrepreneurs have dreams of taking their businesses to the big time. But scaling a business is so much more than adding headcount or indeed customers. In reality, scaling needs to be part of a careful business strategy in order to retain the magic of the small business and unlock the benefits of a large business.

Learn more

Improving cash flow in a business

Cash flow is what drives your business and keeps you awake (or preferably, asleep!) at night. Put simply, cash flow is the lifeblood of your business. It’s also one of the most important measures of success of your business. Your business is like the game of monopoly – you can’t pass “go” without cash flow.

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Setting a business plan

Managing a business can be overwhelming! More often than not you’ll be wearing multiple hats throughout each day as you flit between being a people manager, managing the businesses financials, forecasting, strategically advertising your products and/or services, researching new technologies along with a multitude of other tasks required daily!

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Running a small business guide

Considering most ‘small businesses’ have 0 employees, followed by 1-5 employees (this makes up around 500,000 of the total), we’ve put together this Running A Small Business Guide for these businesses - although anyone growing a small-medium business should find these insights helpful!

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Traits of a successful business owner

With more than half a million small business owners in New Zealand, there’s a breadth of backgrounds, cultures and approaches that make up our community. But while small businesses really do take all sorts,  we’ve been able to observe the common traits that all successful owners appear to have. In this article, we’ll cover what some of these are. The good news? All of these traits can be worked on and developed with a bit of focus and the right support.

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Do you know how your business actually runs?

Okay, it may sound like a silly question. Of course you know your business! Who’s closer to your day to day operations than you? And that’s fair enough. But when small business owners are doing everything, there’s going to be elements of the business that get more attention than others. It’s only reasonable that providing your service to your customers is priority number one. Even well-established small businesses turning over reasonable revenue can lose sight of the detail around the financials.

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Lack of planning makes business success harder to achieve

Ever competed in a race where you weren’t told where the finish line was? Tried your hand at baking without a recipe book? How about leaving for holiday without packing your bags? If these all sound ridiculous to you, then let us draw the comparison with a business that doesn’t make plans. Making plans and understanding parameters is so important for business success, but many fledgling businesses have barely planned tomorrow let alone the long term.

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Reviewing your business is vital for success

It is very normal for business owners to be entrenched in the daily goings on of their businesses. With varying to do lists and high priority tasks requiring their daily attention, it can be hard to take the time to stop and look at the big picture. And that’s just the business part, let alone our busy, and somewhat chaotic, personal lives.

However, it is vital as a business owner or business manager to periodically pull your head out of the trenches and take the time to sit back and review your business as a whole, to ensure you are on track to success.

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Use technology to get back your valuable time

Needing to be involved in every part of your business can result in you being spread pretty thin and can be an expense to your business, not to mention a cost to your personal/family time.

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Ready to build a better business?

Take the first step, we’re right here and ready to support you.