The economic outlook has left many with the expectation that a recession’s on the way, but there are reasons for business owners to be positive in 2023.
Despite ongoing supply chain challenges and rising costs, most mid-market operators in the region have had a strong calendar year — especially in NZ.
Consumers spend more freely when they believe they are in a solid financial position. But when money is tight, they become more demanding and discerning.
Depending who you ask, we could be headed for a recession, writes Nigel Bowen. But what does that mean and will it be bad for your business?