September is the most dangerous month for Newsagents

September is the most dangerous month of the year for newsagencies, based on our figures from our CRM.

Newsagencies closing per Month

I am sure it has to do with GST and PAYE becoming due as the two peaks are when they are due. September would be particularly dangerous as the previous Christmas sales have been spent, new stock has been purchased and the new Christmas sales are not in yet. So many then are drained of cash.