Inflation, Insolvency, and Invoice Finance

Inflation, Insolvency, and Invoice Finance

So far this year we have seen dynamic changes to the UK economy and landscape. In this blog we will be discussing key factors and figures to date, such as inflation and insolvency rates.

To start, we will recap on the changes that came into effect in April 2024:

Costly Business Mistakes

Costly business mistakes

Unfortunately, many business owners make costly mistakes in their first year of starting up that overtime have a negative impact on their business. In 2023, over 900,000 new businesses were incorporated in the UK.

Business Terms and Conditions

Knowing your P’s and Q’s – Business Terms and Conditions

Knowing your P’s and Q’s – Business Terms and Conditions. Let’s face it, who reads Terms and Conditions? Most of us, simply don’t have the time, and remain unbothered by the position they tie us into. That being said – Business Terms and Conditions are vastly different to clicking a box on your new streaming […]

10 Common mistakes when sourcing funding

10 Common mistakes when sourcing funding

Making the decision to look for additional funding for your business is not one to be taken lightly. There are a number of things you need to consider before you even begin the process. We will explore 10 common mistakes business owners make when seeking funding. Avoiding these mistakes will help ensure you get the best possible financing for your business.

Managing a large tax bill

Managing a large tax bill

Sometimes the tax bills can be so large that it’s difficult to manage. For any business, big or small, a large bill can cause a huge amount of stress and worry.

The Financial Challenges Facing Cleaning Companies

The Financial Challenges Facing Cleaning Companies

Commercial cleaning companies faced an increased workload over the past four years, and with it, the need for more cleaning staff. In a twist of fate, this additional business often puts a strain on the cleaning companies cashflow – having to spend out on extra expenses before the increased income begins to flow through.

Business Funding in Kent

Business Funding in Kent

Searching “business funding in Kent” AGAIN!?

Small to medium businesses (SME’s) often struggle to find funders who will walk with them through the peaks and troughs of business. Economically, the UK market has been hammered (relentlessly) Although 2024 is in its early stages, we’re already seeing businesses in Kent struggling to stay afloat. Recently, County Council leader Chief Roger Gough discussed Kents economic climate relating to local councils with the need ‘to change and innovate’ which is highly pertinent to local businesses and residents alike.