How Invoice Finance Can Fuel Business Growth
In today’s fiercely competitive environment, access to working capital plays a pivotal role in driving growth. Invoice finance has evolved to become the lending option of choice for growing businesses. It’s incredibly cost effective and flexible enabling businesses seeking immediate access to funds to expand and manage their operations. Invoice finance works by enabling businesses […]
Financial Management: Best Practice for SMEs
Planning is vital to ensure your business’s success. There’s nothing surprising in that, but for many, the financial plan is last on the list and the one plan that gets left to stagnate once it’s approved. The key to any plan is to constantly keep it refreshed and be proactive, not reactive when it comes […]
Scared of the Unknown?
If you’re nervous about jumping in with invoice finance, this article will take a look back at its past and demonstrate how far invoice finance has come in the past 700 years. Factoring goes way (way) back. Invoice financing has a long history, dating back to the days of King Hammurabi in Mesopotamia. However, it […]
Financially Preparing Your Business for Success
Starting a business is an exciting venture full of potential for success. But with all the enthusiasm that comes along with building something from the ground up, it’s important to ensure you’re financially prepared to launch your business in order to set yourself up for long-term stability and growth.
Protecting Your Business From Potential Insolvency
Our economy relies heavily on the success of small-medium sized businesses, yet unfortunately, they can be very susceptible to insolvency. How do you go about protecting your business from potential insolvency?
Invoice Finance: Take Back The Power To Grow Your Female-Led Business
As a female-led business owner, you have no doubt encountered resistance from institutions when it comes to securing additional finance or loans.
You might say, it feels as if you’re still trapped in the 1950s when you’re trying to secure finance…
Female-led Business Owners Are Still Facing Inequality in the UK
Despite a rise in female-led businesses in recent years, female entrepreneurs continue to face significant challenges when it comes to accessing finance, networking opportunities, and securing customers. It seems that when it comes to business, it’s still very much a man’s world with only 1 in 3 UK entrepreneurs being female1.
The gender gap in UK entrepreneurship remains wide, and the disparities are even more pronounced when it comes to the availability of finance and other resources.
Who Is On Your Financial Team?
You can’t go it alone when it comes to your business finances. As a small business owner, you wear a lot of hats. You’re the CEO, the FD, and the HR manager all rolled into one. But when it comes to your finances, it’s important to have a team in place to help you make decisions and keep your business on track.
Managing a Large Tax Bill and Preparing for Future Bills
Sometimes tax bills can be so large that they’re difficult to manage. For any business, big or small, a large bill can cause a huge amount of stress and worry. But with proper planning and management, you can stay ahead of your tax commitments. HMRC support is available as well as options from banks and lenders to help create a stable cash flow to aid payment.
Problems Paying Your Tax Bill With Increased Cost-of-living Pressures?
Are you finding like many businesses this year, making your payments to HMRC (on time) for your tax bill is likely to be a challenge? With the current cost of living increases, cash flow is often tight and covering an unexpectedly large tax bill can be difficult. So, what can you do if you find yourself in this situation?