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.
Neighbourhood Challenge: Who Can Crack This One? ⛓️💥❔
What has a head but no brain?
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
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January Holiday Programmes
Check out all the fun activities we have planned for January😍
Running at St Johns (OSCAR accredited) and Windmill Park
Join the fun in the new year🌟 bit.ly...
Poll: 🗑️ Would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
Aucklanders, our weekly rubbish collections are staying after councillors voted to scrap a proposed trial of fortnightly pick-ups.
We want to hear from you: would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
Keen for the details? Read up about the scrapped collection trial here.
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82.6% Same!
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17.4% Would have liked to try something different
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