New Zealand SMEs urged to prepare for tough times.
Editor, SMEE, SMEE - April 4, 2023
As SMEs across New Zealand face pressure from various adverse conditions such as rising interest rates, labour shortages, and declining sales, it's now urgent for SMEs to take proactive steps to prepare for the coming storm.
Vijay Nyayapati, an EOS facilitator who works with big and small clients across New Zealand, says some clients have noticed declining sales, some as high as an 80 per cent drop.
"Interest rates are rising, and businesses that are not prepared will f...