The pitfalls of financing assets through a dealer…
Dealers or sellers of capital equipment will often offer you a finance solution when you are looking to buy their gear – while this can provide you with the benefit of dealing with less people it may also mean that you end up with a finance structure that is not optimal for your business and that could be detrimental to cash flow.
In most cases Dealers are generally offering finance as a tool to sell you one of their assets – offering finance enables them to retain control of the sale, stop the buyer from going to a competitor dealer for a similar bit of gear, and reduce purchasing barriers. In many cases it will provide additional income from the finance, or in the event of discounted interest rates, reduce the discount they would normally have to provide on the asset being purchased.
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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0% Yes, supporting people is important!
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0% No, individuals should take responsibility
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0% ... It is complicated
Stolen Haro red mountain bike
My son’s red Haro mountain bike was stolen near Cornwall Park Avenue.
It was parked at our residence on 22nd January at around 8:00pm. We discovered it missing on 25th January at around 2:00pm.
If anyone living near Cornwall Park Avenue has CCTV footage between those dates and times, could you please check and let me know if you notice anything suspicious or see a red Haro mountain bike (photo attached)?
We would really appreciate any help. Please message me if you have any information.
Thank you so much.
A Neighbourly Riddle! Don’t Overthink It… Or Do?😜
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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