Increased costs crippling some Rangiora businesses, but others feeling confident
High rents, minimum wage increases and higher operating costs are putting pressure on North Canterbury businesses, but many remain optimistic about their future.
Enterprise North Canterbury (ENC) surveyed 56 businesses and retailers across the region, including 19 from Rangiora, about business confidence, finances, and employment trends.
About 44 per cent of respondents said their profitability had dropped 20 per cent compared to the same time last year, which ENC business support manager Miles Dalton said he was believed was caused by increased operational costs.
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!
Want to stop seeing these 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.
Xmas Bake Sale
Pop along to our Xmas Bake sale from 10am - 12 noon Tuesday 23rd December at Sequoia Reserve on Oxford Rd.
Loading…