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Business digest: Zespri exports first red kiwifruit shipment to China
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Covid-19 reset: Bay of Plenty businesses adapt and bounce back
19 Dec, 2020 06:00 PM
10 minutes to read
Demand from people looking to buy businesses in the Bay is outstripping supply as economic confidence in the region bounces back post-Covid-19. Experts say owners were in recovery mode - there had been fewer insolvencies - and some businesses had reported they were busier than the same time last year and needed more staff.
They say the Government s support package, including wage subsidies, and strong consumer spending in the region have no doubt played a part in the bounceback.
The biggest challenge for business owners now was a shortage of stock heading into the festive season and the New Year.