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.
Today’s Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? 🌟🎁🌲
I dance in the sky with green and gold, a spectacle few are lucky to behold; I’m best seen in the south, a celestial sight—what am I, lighting up the New Zealand night?
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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No gift? No stress
Let the Christmas elves at Mags4gifts.co.nz handle your last-minute shopping. For a limited time, gift a subscription with up to 40% off best-sellers like TV Guide, NZ House & Garden, and NZ Gardener. It’s the perfect Christmas present, sorted in minutes (and no one needs to know it was a last-minute surprise)!
Poll: Is it ok to regift something that you have been given?
🎁 Holiday Gift Chat!
Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?
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79.3% Yes! It's better to regift what I don't need
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20.7% No. It's the thought and effort that matters
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