45% of New Zealand businesses are cash poor.
What does this mean?
Nearly 1 in 2 Kiwi businesses are running out of cash.
How do we know this?
The new Xero business insights gives us a visibility of the problems facing Kiwi businesses. Unfortunately cash is one of the major issues.
Due to the fact Xero process so many transactions, the insights they hold on NZ SME businesses is phenomenal.
The beauty is, proactive advisors (that’s us) can help small business owners tackle these problems and increase their chance of success.
We’ve got a free cash planning tool for anyone that needs it – it’s available to download from our website (here). This will help give you some clarity of your cash position in the coming months.
Cash is King, you already know that.
If you need a hand with managing your cash, feel free to give us a call for a no obligation strategy call on how to unlock more of it in your business.