BDO Hawke's Bay

Pro Business advice
Is your business performance meeting your plan?
While completing a business plan clarifies and outlines your goals and objectives for the future, the key to making sure you are achieving your goals is to effectively measure and monitor your performance. We like to think all Businesses, regardless of size or industry have a Business Plan (and if you don’t then now is a great time to work...
Pro Business advice
Addressing staffing gaps with a virtual CFO
Staffing has been a major talking point for many of our clients in the past few months, and we know businesses right across Hawke’s Bay are having similar issues. The market is tough, and businesses are having to manage competing priorities for their time and resources. A permanent staff member might not be a priority, or the scope of the...
Pro Business advice
Risk register protects and creates opportunities
The start of 2023 has been a rough one. Cyclone Gabrielle and the subsequent flooding brought a degree of destruction not seen in the Hawke’s Bay for decades. If we have learnt anything over these last few years following a global pandemic, lockdowns and cost of living crisis, it is that as a group, Hawke’s Bay people and businesses are...
Pro Business advice
Riding the wave of uncertainty
The war in Ukraine, volatile European markets and currencies, and challenges across China’s political and economic landscape are just some of the issues impacting almost every country in every corner of the globe – including New Zealand. We are broadly an import economy – and this handful of issues playing out on the world stage is having a direct impact...
Pro Business advice
Exploring the relationship between business performance and wellbeing
Leading and owning a business has always come with both risks and rewards. It can bring high levels of personal satisfaction, professional development and growth. And for some, it can offer increased independence, lifestyle, flexibility and financial rewards. Yet, such roles also present challenges – many of which have potential to place your mental wellbeing at risk. Against a backdrop...
Pro Business advice
The construction sector – The have’s vs the have not’s
The opportunities and challenges inherent within New Zealand’s construction sector have always been amplified by its cyclical nature. With the high demand construction firms are currently experiencing in both the commercial and residential sectors, we are seeing the industry take fresh approaches as it responds to market challenges such as procurement of materials and delays due to supply shortages as...
Pro Business advice
Where is your business heading? and what can you do to help get it there?
While being the best in one’s industry is a lofty business goal, in today’s climate it is crucial to set realistic, attainable goals rather than being caught up in the idealistic. As businesses continue to grapple with the fallout of Covid-19 and government mandates, businesses are left with less operating flexibility and certainty. It is therefore paramount that business owners...
Pro Legal
Redesigning the way we work
COVID-19 has, in many respects, fast-forwarded changes that had been occurring slowly for years — it’s a big impact change that provided a platform to create a true shift in the way many businesses operate.  We have seen the signposting for this change cycle of increased business flexibility via the rapid escalation and uptake of cloud based products such as Xero...
Pro Business advice
The business pivot
While “Pandemic” was voted as the 2020 Word of the Year, you probably haven’t heard the word ‘Pivot’ used with quite so much frequency as you did last year. We’ve all heard amazing stories of companies that have taken up opportunities to shift their focus by changing their product offering, their target consumers, their delivery method, or the way they...
Pro Business advice
Are you paying the right amount of tax?
As we start to get a better understanding of the new ‘Business as usual’ operating landscape and the initial urgency around business disruption dissipates, at BDO our focus has now shifted to ensure local business have the ongoing support and strategies in place for the medium to long term time periods.  By building resilience and taking full advantage of the...