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BusinessInspiring business stories from New Zealand
At Gilligan Sheppard, we are passionate about improving New Zealand business. By showcasing some incredible business stories, we hope to inspire our readers to think outside the square. Aotearoa has become a fertile ground for success and entrepreneurship, and despite being situated so far from the rest of the world, many Kiwi brands have established […]
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The ‘Diligence’ in Due Diligence
Over this last year, we have had many due diligence engagements (both purchase and sale side) and this month alone have completed six due diligence engagements, so as this is on my mind, it becomes the default technical topic this month. Each due diligence engagement is unique and there is no one approach, however the […]
Anti-Money Laundering Compliance for Accounting
Ten years ago, we could not foresee, even in our wildest dreams, that one ACT would so fundamentally impact the Finance industry and later, other professional services. The Act I refer to, is the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML & CFT Act, hereafter the ACT). Due to this ACT, NZ […]
Receipt Bank
Embracing new technologies that make life easier should be a no brainer, for example, being paperless in the digital age should be simple right? However, as the move from paper to digital records has evolved, a twilight zone has emerged where some records are paper based and the other half are scattered about in cyber […]
Bridging the gap between science, entrepreneurship and capital (part two)
Thanks for all the great feedback and conversations following last month’s article. In that article I promised to cover recent developments in the innovation funding landscape. If we assume three things: The New Zealand early stage company/start-up environment has not delivered enough sustainable companies that are growing and have global commercial potential, The upcoming change […]
Mining, free money and rocket science – part one
Eduardo Porter wrote an article in the Wall Street Journal titled “Loss of Dynamism is impeding Growth”. The premise of the article was that New Zealand, like others in the OECD, have not generated enough early stage companies and have not done enough to ensure they become mature or revenue generating companies. The article quotes […]