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.
Stay sun-safe and well-read this spring
Longer days and warmer weather are fast approaching!
Make the most of your Sundays with a subscription to the Sunday Star-Times. From just $51, enjoy gripping investigations, in-depth analysis, and exclusive subscriber rewards. Plus, for September only, receive a free Antipodes Supernatural SPF50+ Ceramide Silk Facial Sunscreen worth over $60.
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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.
Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
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