Essential Financial Guidance for Small Businesses
Running a small business is hard work, but it can be incredibly rewarding. However, one of the main reasons why small businesses fail is due to a failure to understand financial management. In this blog post, we are going to look at financial guidance for small businesses. We will discuss cash flow, accounting, taxes, planning […]
Credit and Loan Application Approvals at an All-Time Low for Small Businesses
Small businesses are the backbone of the UK economy, and yet credit and loan approvals are at an all-time low which is having a significant impact on small businesses, which are struggling to expand and grow. In this article, we’ll take a look at what credit and loan providers are looking for in order to […]
The Effects of Rising Costs on Small Businesses
It’s no secret that small businesses are struggling to survive in today’s economy. With constant rising costs and inflation at an all-time high, it has become increasingly difficult for business owners to keep their heads above water, add in the value of the pound dropping significantly and import prices increasing, it’s a tough environment to […]
Late Payments Are Taking a Toll on Small Businesses: What’s the Solution?
It’s no secret that late payments are still having a significant impact on small businesses and the number of small businesses being impacted by late payments is increasing. This is causing many small businesses to struggle, as they become unable to maintain their cash flow and operations. Late payments also have a knock-on effect on […]
Small Business Funding Options When the Banks Say No!
Small business owners often find it difficult to secure traditional finance and funding from banks and other lenders, and with many of them tightening their lending criteria and government covid support ending, it’s leaving small businesses feeling stuck and with no way to grow their business. Why are Traditional Lenders Shunning Small Businesses? One of […]
Getting Started with Invoice Finance
Invoice finance is an excellent source of finance for small to medium businesses that are looking to stabilise their cash flow and grow their company. Invoice finance can be used to cover a wide range of expenses including, but not limited to, expansion, hiring new staff, marketing campaigns, and purchasing new equipment or stock. Unfortunately, […]
How Small Businesses Can Better Manage Debt with Invoice Finance
If you’re a small business owner, then you know that managing debt is a daunting task. Every day it seems like there’s another bill to pay and another interest rate to worry about. This can be especially difficult when your business is just starting out and you don’t have the profits readily available to cover […]
Invoice Finance Explained: Everything a Business Needs to Know!
Running a small business is challenging. There are many things to think about – marketing, product development, sales, bookkeeping, and the list goes on! One thing that many small businesses really struggle with is cash flow. This can be a major roadblock to growth and success. One solution for improving cash flow is invoice finance. […]
What’s Ahead in 2022?
What’s ahead in 2022? Are you prepared for extra costs? As a small business owner, you already know what 2022 is likely to bring. Increased fuel costs, rent hikes and higher utility bills, and that’s before you even factor in any potential expansion. Are you and your business financially ready? These extra costs will have […]
Surviving the Pandemic
Taking Stock: Small Businesses continuing to survive the COVID Pandemic and beyond In the last two years, the COVID pandemic has had a tremendous effect on how businesses operate, and small businesses have faced and continue to face many challenges, both internally and externally, which made them vulnerable to the COVID-19 pandemic’s effects even more […]
