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.
Stay sun-safe and well-read this spring
Longer days and warmer weather are fast approaching!
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Neighbourly's Online Spring Garage Sale
On Saturday, 28th of September we'll be holding an online garage sale and you are invited - both to score some bargains and to sell your wares!
The sun is starting to shine and perhaps you're ready to part with your winter goods, get involved by listing your goods ahead of Saturday's event. And come back on Saturday to find new treasures.
List your items now. Head to Market.
Here's Thursday's thinker!
I am lighter than air, but a hundred people cannot lift me. What am I?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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