1393 days ago

Finance as a tool for your business...

Speirs Finance

Are your current asset funding methods appropriate for the expected life of your business assets and how you intend to use them?
Financing can be an effective tool to apportion the acquisition cost of any asset over a term that is relative to the useful life of the asset. This can provide you with manageable monthly payments and preserve cash flow.

The choice of which is the most appropriate finance option comes mainly down to:

What you intend to use the asset for?

What is the useful life of the asset within your business (long or short life)?

Is ownership of the asset important to you?

The answers to these questions will help you to determine what finance option might suit best, whether it is a:

Loan product (generally more suited to longer life assets that earn you money) or a

Lease/Rental product (generally more suited to assets that depreciate very quickly)

In any event it is wise to choose a finance provider who will help you to understand the implications for your business

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More messages from your neighbours
23 days ago

Poll: As a customer, what do you think about automation?

The Team from Neighbourly.co.nz

The Press investigates the growing reliance on your unpaid labour.

Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.

We want to know: What do you think about automation?
Are you for, or against?

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As a customer, what do you think about automation?
  • 9.5% For. Self-service is less frustrating and convenient.
    9.5% Complete
  • 43.5% I want to be able to choose.
    43.5% Complete
  • 47% Against. I want to deal with people.
    47% Complete
2529 votes
7 hours ago

A Neighbourly Riddle! Don’t Overthink It… Or Do?😜

The Riddler from The Neighbourly Riddler

Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!

If you multiply this number by any other number, the answer will always be the same. What number is this?

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C
21 hours ago

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Cindy from Freemans Bay

I,v lost the NEW CHANNEL updates for freeview can someone give them to me PLEASE