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.
Test Your Wits! Today's Riddle Will Keep You Guessing!
Only one colour, but not one size,
Stuck at the bottom, yet easily flies.
Present in the sun, but not in rain,
Doing no harm, and feeling no pain.
What is it?
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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Product recalls - November 2024
Here are some items that have been recalled during October/November. Click on the blue title to learn more details about the recalled product.
Food recalls:
Equal brand European Dark Chocolate
Mrs Rogers spices - Butter Chicken, Curry Powder and Garam Masala
Bin Inn brand Ground Fennel
Classic Taste Fennel Powder
Jongga Kimchi
Pure Delish Grain-ola
Homemade Baker Muffin Batter Banana Choc-Chip
Hellers Shaved Roast Chicken
My Food Bag middle eastern spice blend and All The Flavour dukkah
Gilmours Jalapeno flavour corn chips
Product recalls:
Goldair panel heaters
Boost Lab skin cleanser
Canyon E-bike batteries
Panasonic power supply adapter
Kids blanket hoodies
SCA lithium battery
Noxen Kids hooded towel
Kids rubber duckies
Justyling/YesBobbleheads custom Neon sign
Brompton T Line bike
We hope this update was helpful to you and your whānau.
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