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February 2024 - Bay of Plenty Business News

From mid-2016 Bay of Plenty businesses have a new voice, Bay of Plenty Business News. This publication reflects the region’s growth and importance as part of the wider central North Island economy.

From mid-2016 Bay of Plenty businesses have a new voice, Bay of Plenty Business News. This publication reflects the region’s growth and importance as part of the wider central North Island economy.

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16 BAY OF PLENTY BUSINESS NEWS <strong>February</strong> <strong>2024</strong><br />

> WOMEN LEADING BAY BUSINESS<br />

LAW<br />

The Law Shop<br />

A resilient evolution with new leadership and<br />

purposeful premises<br />

In the dynamic legal landscape <strong>of</strong><br />

Rotorua, The Law Shop, a wellknown<br />

all-female legal team, has<br />

undergone significant transformationsoverthepastyear,heralding<br />

a new chapter in its esteemed<br />

history. Amidst these changes,<br />

the firm remains committed to<br />

its hallmark no-fuss approach<br />

to legal matters, coupled with a<br />

friendly and open communication<br />

style that has endeared it to clients<br />

over the years.<br />

Owned by Paula Yakas since<br />

September 2008, The Law Shop<br />

has been a cornerstone <strong>of</strong> the<br />

Rotorua legal community, providing<br />

sound advice on a myriad<br />

<strong>of</strong> property-related and business<br />

matters. After briefly expanding<br />

its services in 2014 to include<br />

a family law team, the firm bid<br />

farewell to this chapter in 2023,<br />

returning to its roots and focusing<br />

on its core strengths – expert<br />

advice on residential and commercial<br />

property, relationship<br />

property, Wills and Enduring<br />

Powers <strong>of</strong> Attorney, estates, buying<br />

and selling businesses, and all<br />

business matters.<br />

In a pivotal move, senior solicitor<br />

Macheala Forbes has assumed<br />

a directorial role, bringing fresh<br />

energy and expertise to The Law<br />

Shop’s leadership. Simultaneously,<br />

the firm has embraced a<br />

change in premises, relocating<br />

away from the bustle <strong>of</strong> town to<br />

a thoughtfully designed <strong>of</strong>fice<br />

space that prioritises collaboration,<br />

efficiency, and enhanced<br />

>> Paula Yakas, Adele Ransley, Machaela Forbes and Liz Yakas<br />

client engagement. Situated in<br />

a landmark location with ample<br />

parking, this move symbolises<br />

The Law Shop’s commitment<br />

to creating a conducive environment<br />

for both its team and<br />

clients.<br />

Specialising in business and<br />

property law, The Law Shop’s<br />

team navigates the complexities<br />

<strong>of</strong> the legal landscape, particularly<br />

in response to recent<br />

government changes affecting<br />

tax on home sales, investment<br />

property taxation, lending criteria<br />

adjustments, pre-approvals,<br />

and tenancy laws. The firm’s commitment<br />

to a holistic approach<br />

shines through, as its team<br />

actively listens to clients’ needs,<br />

asking pertinent questions and<br />

providing personable, individualised<br />

legal solutions.<br />

The Law Shop takes pride in<br />

its robust team <strong>of</strong> experts who<br />

genuinely care about their clients.<br />

Their steadfast commitment<br />

to delivering timely and<br />

accurate legal advice, devoid <strong>of</strong><br />

unnecessary jargon and at a fair<br />

price, remains unwavering. Clients<br />

can trust The Law Shop for<br />

a no-nonsense, solution-focused<br />

approach to their legal matters.<br />

As The Law Shop embarks<br />

on this new chapter with revitalised<br />

leadership and purposeful<br />

premises, it steadfastly upholds<br />

its core values <strong>of</strong> client-centricity,<br />

inclusivity, and excellence<br />

in legal services. The all-female<br />

team, with their no-fuss attitude<br />

and friendly, open communication<br />

style, remains dedicated to<br />

navigating the complexities <strong>of</strong><br />

legal matters. The Law Shop in<br />

Rotorua is poised to continue its<br />

legacy as a trusted legal partner,<br />

serving the <strong>Bay</strong> <strong>of</strong> <strong>Plenty</strong> region<br />

with unwavering dedication and<br />

expertise.<br />

Proudly serving our community<br />

from our new <strong>of</strong>fices at<br />

170 Ranolf Street, Rotorua<br />

Call us on 0800 LAW SHOP or visit www.thelawshop.co.nz<br />

ACCOUNTING & ADVISORY<br />

Determined to change perceptions<br />

Valerie Rowe-Mitchell, who operates one <strong>of</strong> the region’s most successful<br />

business advisory firms, Emerald <strong>Business</strong> Advisers Limited, regularly sees a<br />

pattern at the start <strong>of</strong> the calendar year:<br />

“The January-<strong>February</strong> period is<br />

<strong>of</strong>ten a difficult time from a cashflow<br />

perspective – our thinking is<br />

<strong>of</strong>ten retrospective: ‘I had plenty<br />

<strong>of</strong> cash in November, and now,<br />

come <strong>February</strong>, I’m really feeling<br />

the squeeze on cashflow.’ ”<br />

Valerie emphasises the importance<br />

<strong>of</strong> a comprehensive annual<br />

plan, adopting what she terms a<br />

“helicopter view.” This approach,<br />

though daunting for some, is<br />

grounded in her philosophy: “If you<br />

don’t know where you’re heading,<br />

you’ll likely end up <strong>of</strong>f course.”<br />

She encourages business<br />

owners to envisage their business’s<br />

future over the next 12<br />

months, considering aspects like<br />

customer growth, staff expansion,<br />

revenue increases, or maybe<br />

even starting a new venture. This<br />

broader perspective distinguishes<br />

Valerie and her team<br />

at Emerald <strong>Business</strong> Advisers<br />

from conventional accounting<br />

services.<br />

“There’s a typical, <strong>of</strong>ten unfavourable<br />

view <strong>of</strong> accountants,”<br />

she observes. We aim to redefine<br />

this perception by being helpful,<br />

knowledgeable, and technologically<br />

savvy.”<br />

Valerie advocates for a broader<br />

approach beyond mere financials.<br />

“Focusing solely on this month’s<br />

numbers is insufficient. Our philosophy<br />

is to engage in proactive<br />

questioning and planning,<br />

addressing the broader objectives<br />

and ambitions <strong>of</strong> business<br />

owners.”<br />

Valerie believes that now is a<br />

good time to ‘sit down and take<br />

stock’. This <strong>of</strong>ten means encouraging<br />

clients to appreciate how<br />

far they have actually come and<br />

get excited about the future!<br />

“We proudly acknowledge the<br />

resilience and innovation displayed<br />

by many <strong>of</strong> our clients,<br />

who have successfully navigated<br />

through the challenges <strong>of</strong> Covid-<br />

19, economic upheavals, and the<br />

climate events <strong>of</strong> 2023.”<br />

As an accountant, she feels<br />

passionately that her role is not<br />

>> The Tauranga team at Emerald <strong>Business</strong> Advisers<br />

simply to generate the financials<br />

and formulate strategies; it is<br />

also to empower her clients as<br />

individuals.<br />

Valerie’s approach is holistic:<br />

“Your own happiness is a crucial<br />

part <strong>of</strong> the planning equation – if<br />

you’re low on energy how can you<br />

be a good business operator and<br />

achieve success if other parts <strong>of</strong><br />

your life are weighing you down?”<br />

Valerie’s role is supportive and<br />

affirming: “I’m here to reassure<br />

clients that they can achieve their<br />

goals, and I’m willing to provide<br />

guidance every step <strong>of</strong> the way.”<br />

Call today 07 579 5777 for<br />

Accounting, Taxation and <strong>Business</strong> Advisory<br />

www.emeraldbusiness.co.nz

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