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: 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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79.2% Yes! It's better to regift what I don't need
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20.8% No. It's the thought and effort that matters
Some Choice News!
Many New Zealand gardens aren’t seeing as many monarch butterflies fluttering around their swan plants and flower beds these days — the hungry Asian paper wasp has been taking its toll.
Thanks to people like Alan Baldick, who’s made it his mission to protect the monarch, his neighbours still get to enjoy these beautiful butterflies in their own backyards.
Thinking about planting something to invite more butterflies, bees, and birds into your garden?
Thanks for your mahi, Alan! We hope this brings a smile!
Auckland Harbour Bridge summer works
NZ Transport Agency Waka Kotahi is carrying out essential maintenance on the Auckland Harbour Bridge this December and January. The southbound clip-on lanes will be closed (24/7) from 26 December to 5 January for road resurfacing. Night-time lane restrictions will be in place throughout the summer for recoating work on the bridge. Traffic will still be able to travel in both directions at all times.
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