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666 days ago

Keeping the cash in your business...

Speirs Finance

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.

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More messages from your neighbours
4 days ago

Poll: Does the building consent process need to change?

The Team from Neighbourly.co.nz

We definitely need homes that are fit to live in but there are often frustrations when it comes to getting consent to modify your own home.
Do you think changes need made to the current process for building consent? Share your thoughts below.

Type 'Not For Print' if you wish your comments to be excluded from the Conversations column of your local paper.

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Does the building consent process need to change?
  • 91.3% Yes
    91.3% Complete
  • 8.2% No
    8.2% Complete
  • 0.4% Other - I'll share below!
    0.4% Complete
1188 votes
1 day ago

Lest we forget...

The Team from Neighbourly.co.nz

On this ANZAC Day, let's take a moment to remember and honor the brave men and women who have served and continue to serve our country.

Tell us who are you honouring today. Whether it's a story from the battlefield or a memory of a family member who fought in the war, we'd love you to share your stories below.

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M
3 hours ago

Student looking for work

Mark from Mount Eden

Hi I have alot of experience in painting interior/exterior own gear and quality workmanship ,can get refs and also have experience in housewashing,gutters,paths and roof treatments to kill moss and alge 0225607279