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Chris Small: ABC Business Sales Managing Director on the number of businesses reporting losses

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Manage episode 499849492 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

More businesses are reporting losses but things may not be quite as bad as the numbers make it seem.

Inland Revenue data shows one in five businesses aren't turning a profit.

But ABC Business Sales Managing Director Chris Small says most of those are businesses structured to make a loss, like trusts and property companies.

He told Mike Hosking the situation he's seeing is far more positive.

Small says 90% of businesses that are coming to see him are making a profit, with others making a paper loss.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7713 episodes

Artwork
iconShare
 
Manage episode 499849492 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

More businesses are reporting losses but things may not be quite as bad as the numbers make it seem.

Inland Revenue data shows one in five businesses aren't turning a profit.

But ABC Business Sales Managing Director Chris Small says most of those are businesses structured to make a loss, like trusts and property companies.

He told Mike Hosking the situation he's seeing is far more positive.

Small says 90% of businesses that are coming to see him are making a profit, with others making a paper loss.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7713 episodes

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