Cash poor but asset rich? | Speirs - A business asset finance company
Cash poor but asset rich?....observations from a Business Asset Finance Company
Many businesses find themselves facing this question and having to consider how they ended up with no cash in the business and at the same time have either no or low debt relative to the value of their assets.
Paying off debt quickly has always been part of Kiwi business culture, but most businesses now face more competitive pressure than they ever have resulting in lower margins, increasing compliance costs, the need for better information systems and higher wages to retain staff – all of which have a significant impact on cash flow.
Poll: Would you rather: Christmas in summer forever or winter forever?
Just a bit of a fun poll to get you thinking.
If you had to live out your Christmas days, would you prefer it was a summer Christmas or a winter Christmas?
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63.3% Summer
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35.4% Winter
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1.3% Other - I'll share below
New Year, New Questions You Won’t Solve!
I get smaller every time I take a bath.
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.
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.
Share your summer photos! 📷
Taken some beautiful snaps lately? Whether it's rainbows, sunsets or a beautiful summer's day, we'd love you to share the joy with us.
Share a photo in the comments below
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