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Businesses are shutting down left, right and centre.
Meredith Walshe says she will walk away from her business at the end of the week knowing she tried everything within her means to keep it viable.
The entrepreneur who started boutique co-working space The Settlement with her husband James Walshe almost six year ago will close the doors for good at on April 28.
The business opened in Lower Hutt in 2017 and was once a busy office space, growing quickly to open three more offices in Porirua, Upper Hutt and central Wellington.
However, Walshe says Covid-19 had knocked the wind out of its sails and the shift to flexible working had left the business without enough customers.
At its peak the Settlement had 277 customers, but tha…
Read the full article at: https://www.stuff.co.nz/business/131675266/insolvency-wave-businesses-are-failing-as-government-support-ends-and-costs-rise