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.
Poll: Should all neighbours have to contribute to improvements?
An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.
When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?
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82.1% Yes
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15.2% No
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2.7% Other - I'll share below
Auckland’s Angels appeal gets helping hand from Auckland Council
🎄✨ Christmas is just around the corner, and we're proud to support the Auckland City Mission – Te Tāpui Atawhai Auckland’s Angels appeal to help those in need this festive season! 🪽
🎁 Have unwrapped gifts or food donations at home? Drop them off at our libraries or pools and leisure recreation centres between 2–19 December.
Cupboards of calm
Transform the inside of your humble storage spaces with Resene paint and you’ll be happy to delve into them in future.
Get our quick tips to transform your storage spaces.
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