"Providing accounting services of the highest quality from our Warkworth premises since 1988."
Blog Layout
Time to grow? A guide to attracting investors
accelerateonline • Dec 17, 2021
If you don’t have the working capital to invest in significant expansion, it might be time to consider bringing investors on board. Pitching to raise funding can be a nerve-racking experience, so here are some tips to impress:
- Investors need to see evidence of an opportunity before they’ll part with their time and money. One of the clinchers is market validation
. If people are already handing over money for your product or service, or if you have highly reputable companies trialling it, this is something potential investors need to see.
- It’s not just about your business. Investors are putting their trust in you. What is your experience or competitive advantage
over others? Showcase what you have to offer.
Even if you’re an expert in your field, investors want to see that a founder is coachable. These investors are willing to share their expertise and contacts, but they don’t want their advice to fall on deaf ears. Give examples of how you’ve adapted your idea in response to feedback and show you’re willing to respond openly to any questions they may have.
- Don’t be afraid to show the passion you have for your business. It takes tenacity as well as talent to get off the ground, so you’ll want to tell investors the story of your journey in such a compelling way they’ll want to join the ride.
Accelerate - December 2023
Accelerate August 2023
Inland Revenue have recently announced this year’s livestock Herd Scheme Values and we think this is a great opportunity to update you on the latest movements. The Herd Scheme Values are the National Average Market Values, determined by a process involving a review of the livestock market as at 30 April.
The values for Dairy this year have seen a fall in values across all female classes, but increases across all male classes. The fall in R1 heifer values can be attributed to the prohibition of live export by sea commencing from 30 April 2023. For the first time the National Average Market Value for R1 Heifers is less than the National Standard Cost of breeding and rearing an R1 Heifer.
In contrast to Dairy values Beef values have increased on average 9% and are almost at record values for all classes.
Sheep values have all fallen from the high of 2022, slipping back an average of 10.2%. Whilst values have fallen, they are still either the second or third highest that they have ever been depending on which class of sheep you are looking at.
Goat values have increased on average 7.8% with almost all classes of fibre and meat producing goats at record highs. The value of milking goats continues to be well down from historic highs, except for breeding bucks which are at their highest value.
Like the rest of the world, New Zealand has reeled from the aftermath of Covid, rising inflation and interest rates, and the cost-of-living crisis. This year we also have a massive storm damage repair bill.
Any tax cuts, or changes to the tax thresholds were vetoed in Budget 2023 as this was viewed as worsening inflation.
Budget 2023 builds on the $889m already provided in response to this year’s storms. A further $6b is allocated for a National Resilience Plan , for rebuilding after weather events. $71b is committed to new and existing infrastructure projects: not only storm damaged communications, power and roading, but schools, hospitals, public housing, rail and road.
