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.
Best way to use leftovers?
I'm sure you've got some excess ham at home or cold roast potatoes.
What are some of your favourite ways to use leftover food from Christmas day? Share below.
Fair play
Whether it’s a playhouse, she shed or teenager’s sleepout, a stencil-painted floor in Resene Clockwork Orange will elevate it from meh to wow. Find out how to create your own with these easy step by step instructions.
Poll: Would you rather: Christmas in summer forever or winter forever?
Just a bit of a fun poll to get you thinking.
If you had to live out your Christmas days, would you prefer it was a summer Christmas or a winter Christmas?
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62.2% Summer
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36.4% Winter
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1.5% Other - I'll share below
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