For most Kiwi small businesses 2024 has been a very challenging year, navigating the combination of high interest rates, effects of recent high inflation and reduction in consumer spending.
The end of the year and the traditional Kiwi Christmas/New Year holiday break is an ideal opportunity to step back from all that and take a break to recharge your mind and body ready for 2025.
Inflation has receded, interest rates are falling – with promise of more reductions to come in 2025 and that has helped return some confidence to both consumers and businesses. If house prices start to trend up in the New Year that will add to people’s confidence and help loosen their purse strings.
A good break now will make sure you are in the best position to help drive your business forward in 2025 to take advantage of the increase in confidence and spending. It is always hard to find the time to have a proper break during the year but the pretty much enforced break as all your clients leave town on holiday is a great opportunity.
Motor Equipment News would like to thank all our team, readers and advertisers for their support during 2024 and wish you all a Happy Christmas period and that you get a nice relaxing break over the New Year so you can come back fresh and ready to go in January having survived till 25!