More businesses are reporting losses but things may not be quite as bad as the numbers make it seem. 

Inland Revenue data shows one in five businesses aren't turning a profit. 

But ABC Business Sales Managing Director Chris Small says most of those are businesses structured to make a loss, like trusts and property companies. 

He told Mike Hosking the situation he's seeing is far more positive. 

Small says 90% of businesses that are coming to see him are making a profit, with others making a paper loss. 

LISTEN ABOVE 

More businesses are reporting losses but things may not be quite as bad as the numbers make it seem.&nbsp;
Inland Revenue data shows one in five businesses aren't turning a profit.&nbsp;
But ABC Business Sales Managing Director Chris Small says most of those are businesses structured to make a loss, like trusts and property companies.&nbsp;
He told Mike Hosking the situation he's seeing is far more positive.&nbsp;
Small says 90% of businesses that are coming to see him are making a profit, with others making a paper loss.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Chris Small: ABC Business Sales Managing Director on the number of businesses reporting losses

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/713ab72f-0e11-4d17-bfe2-b33701547578/transcript