Blog
Keep up-to-date with the latest news, views, information and advice from Partnership Invoice Finance. Within our blog posts we cover topics such as: building sustainable cash flow, utilising invoice finance, and tips for business growth.
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
Christmas Spending
Christmas spending is at the back of a lot of the public’s minds, especially because of present challenges. Food products claim 22 of the 25 highest price increases in 2023. In 2022 the average cost per head for Christmas dinner was £23.82 (from Tesco), what would Christmas be without the food? Then there’s the presents, it is estimated that the average person will spend approximately £600 on presents this year (2023), which is an increase of £180 on last year’s £420 spend.
Embarking on Your First Business Adventure
The allure of entrepreneurship beckons many individuals with dreams of turning their passions into profitable ventures. While the path to entrepreneurial success is paved with challenges and uncertainties, the rewards of building a thriving business can be immensely fulfilling. However, before embarking on this exciting journey, it is crucial to
Insolvencies – The UK goes broke
The UK public goes broke. It’s true; the UK public are suffering. There are people who can’t heat their homes this winter. The cost-of-living crisis can be felt, and seen across the nation. In just one year, shopping prices have risen by a massive 9.6% (vs Oct 2022). And yet,
Small Business Saturday: A Day to Celebrate Entrepreneurship
Small Business Saturday is a celebration of entrepreneurship, innovation, and the resilience of the human spirit. It is a testament to the power of collective action, and the strength of local communities….
Supporting Our Clients
Well, here we are again. Micheal Bublé has exited his cave, 6 different renditions of “All I want for Christmas” are playing back-to-back across every radio station, and businesses are packed fuller than children’s stockings on Christmas eve. There are just 7 weeks left until Christmas Day. Which leaves us
Financial Literacy in the UK
This year has proved to be one of the toughest years yet for the public, with financial literacy in the UK becoming more necessary everyday. “Between 25 January and 5 February 2023, almost half of adults (47%) said they found it “very difficult” (12%), or “somewhat difficult” (34%) to afford