Articles and updates

Part of my responsibility at Gilligan Sheppard is to recruit, hire and train new administration team members. The recruitment process is something I find relatively easy, especially by being located in Auckland city. Once I’ve made the decision to hire the person I believe is right, I then take on the responsibility of being accountable […]

I am often asked “What’s the multiple for my business?”, “What’s the valuation formula?” or “Do I multiply my profit by three?” Unfortunately, business valuation is not this simple. Business value does not stand independent of the market it operates in, nor is the value just based on the profits generated by a business. I […]

Common Reporting Standard (CRS) and Automatic Exchange of Information (AEOI) From 1 July 2017, New Zealand financial institutions are required to undertake due diligence on their account holders, including the controlling person of certain entity accounts. The purpose of the due diligence, is to identify non-resident account holders and controlling persons, and once identified, the […]

“I’m bored.” How many times as a child did you say that to your mum or dad? And I’m sure their response was never the answer you wanted or was never something exciting to do. My mum’s answer went something like this… “If you are bored how about you go clean your room or why […]

The business is earning more revenue, work is flying in the door, but for some reason this revenue is not reflected in margins or the bottom line. Everyone’s HAPPY? No, not everyone is happy. The staff and clients are starting to complain. Managers are trying harder to control margins, and the finance team are cutting […]