Invoice Factoring Companies
Choosing the right Invoice Factoring Company for your business. Invoice factoring companies can vary their costings and processes just as much as any business. This doesn’t necessarily mean that one is better than the other, when seeking invoice factoring for your business, take the time to find the right fit for your business funding needs. […]
Cashflow in Tunbridge Wells
Are you struggling to find companies to help improve cashflow near Tunbridge Wells? While the town itself is an affluent, thriving community, with many established businesses, appearances can be deceiving. Even in the most affluent of regions businesses often still face a silent battle – the quest for consistent cash flow. From well-established firms, to startups, Tunbridge Wells SME’s have to navigate the challenges of fluctuating income and delayed payments.
History of The Budgets
The history of UK government budgets stretches back centuries, reflecting the changing economic and political realities of the nation. Today we will talk through some key points which have taken place over the years.
What is Invoice Finance?
What is invoice finance? Through invoice finance, a company sells its accounts receivable (invoices due to be paid) to improve its working capital. And this in turn helps businesses pay employees and suppliers, improve cash flow, and invest in operations and growth earlier than if they had to wait until their customers paid their balances in full. This provides a business with more financial flexibility than most other types of traditional loans.
Preparing for the Spring budget
On the 6th of March 2024 Chancellor Jeremy Hunt will bring forward his second Spring Budget, and with it comes a flurry of speculation and anticipation. For small and medium-sized enterprises (SMEs), the Budget is a key event, offering a chance to see how the government plans to support and stimulate their growth.
A Guide To Rental Agreements
Your office (or shop) is your businesses home, it will be your hub, your control centre, or whatever name you wish to give it – it’s yours. Running a business in the UK involves navigating legal contracts, and one of the most crucial is the business rental agreement. This document outlines the terms and conditions under which your company occupies a commercial property, safeguarding both the landlord and tenant.
Commercial Rental Terms
Most business owners in the UK will have some form of property rental to support their business. Whether that be a one-person office, a two-story teched out building, or even a warehouse for stock and deliveries – commonly, a form of space is required.
Rental leases payment terms are considerably different from standard tenancy agreements, one major difference is the payment terms.
Chasing Christmas Debt
It’s time for what a lot of business owners find harder to do than swallowing the last bite of Christmas dinner – chasing Christmas debt.
Over the festive period invoicing, accounting, and bank reconciliation can take a dip. But now we’re into a New Year – and those debts need to be paid.
So, where do you start? The highest value debt? The oldest debt?
The Funding Fountain
In the precarious world of b2b business, growth isn’t just a buzzword, it’s a primal thirst. But like any ambitious venture, achieving that growth often requires more than just an idea and a good work ethic – you need funding. Cold hard cash gains businesses more than just their primary products. It’s needed for expansion, fuels innovation, and propels startups from scrappy dreams to market mavericks. But navigating this diverse landscape requires more than just a thirst for growth. It’s about knowing your business’s unique DNA, understanding its specific needs, and crafting a pitch that’s the equivalent of a business-plan cocktail, both strong and alluring. Remember your business isn’t just numbers and spreadsheets.
Predictions for UK Spending in January 2024
2023 was a complicated year for UK households and its businesses. Insolvencies stood at an all-time high; how do you think 2024 will take off? Let’s take a look into some predictions. The Office for Budget Responsibility (OBR) has forecast that UK household final consumption expenditure (HHFCE) will grow by 0.3% in the first quarter […]
