Keeping the cash in your business...
What growth could your business achieve if it had more working capital?
Cash flow is the “life blood” of any business and it is crucial to ensure this remains positive to create a sustainable and profitable business that can retain and attract good staff while meeting the ever-increasing costs of compliance.
If a business has cash tied up in existing assets or is looking at using cash reserves to pay for the acquisition of new assets then the key question that should be asked is what is the “opportunity cost” to the business of not having these funds available for working capital i.e. what additional revenue could be generated if these funds were used to increase production or purchase more inventory?
Having a finance provider who can genuinely help you with structuring appropriate finance for new assets or help you release equity from your existing assets may mean the difference between stress or success in your business.
Can you crack Today’s neighbourhood conundrum?
Without a bridle or a saddle, across a thing, I ride a-straddle. And those I ride, by help of me, though almost blind, are made to see. What am I?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Poll: What special qualities should a 5-star New Zealand airport hotel at our largest international airport have?
Te Arikinui Pullman Auckland Airport is New Zealand’s only 5-star airport hotel, given its incredibly close proximity to the airport, the convenience of walking to the airport is a major highlight but there are plenty of other features that make it special.
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5.6% Unmatched runway views with a private lounge
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45.1% Exceptional service from arrival to departure
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4.5% Gourmet dining featuring New Zealand's finest, celebrating Te Ao Māori kai
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38.3% A soundproof oasis with all desired amenities
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6.4% Māori culture reflected throughout, creating an architectural marvel
This one was sent in by your fellow neighbour, can you figure it out?
What is first white then red and the plumper it gets the more the old lady likes it?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
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