Cash flow
Percentage of New Zealand small businesses that are cash flow positive
In the past year, on average 50.4% percent of New Zealand small businesses were cash flow positive in any given month with March 2018 reaching the highest level at 56.5% percent.
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Getting paid
Average number of days for a New Zealand small business invoice to be paid (30-day term)
The average delay for these payments throughout the year was 34.6 days, with May 2017 being the worst month for late payments.
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Hiring people
Percentage change in number of small business employees
February 2018 was the highest employment growth month at 2.85 percent while the worst month for employment growth was January 2018.
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Trading overseas
Percentage movement in the total dollar value of imports vs exports
Both import spend and export spend saw the highest activity in March 2018, with a considerable decrease in month on month percentage change in April 2018 which continued into May 2018.
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Cloud adoption
A breakdown of the top 5 industries adopting Xero
The professional scientific and technical services adopted Xero more than any other sector in the year through 31 March 2018.
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New Zealand | Reporting period: May 01, 2017 - May 31, 2018
Published: June 7, 2018
Next publish: August 14, 2018
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Supporting the New Zealand small business economy
by Craig Hudson
Xero Small Business Insights provides a monthly snapshot of New Zealand’s small business sector. Taking anonymised, aggregated data, it provides insights into five key areas of small business health: cash flow, getting paid, hiring people, trading overseas and cloud adoption.
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