Dangerous times ahead for SME’s
March 25, 2019
Business
Over half the country has seen bank loan lending to SME’s fall over the past year. Many of the sectors hardest hit are those in manufacturing, those most in need of finance. Evidence suggests that banks are wary of lending to SME’s due to Brexit uncertainty and the prospect of an economic slowdown affecting loan
Don’t make any more mistakes with your working capital
November 6, 2018
Business
Cashflow is the lifeblood of any business. Is your working capital working for you?
Never Underestimate The Influence Of Better Legislated Late Payments.
June 5, 2018
Business
Basware, a Finnish e-procurement vendor, together with YouGov have released a survey revealing the need for new late payment legislation among UK SMEs. The survey covering 2,000 small businesses with less than 250 staff has found that more than half support a change in the law around late payments – with six-in-10 backing the introduction of a
Signs It’s Time to Fire a Bad Client & How to Do It
May 22, 2018
Business
No one likes having to fire a client, but sometimes it’s for the best. Toxic clients are more than just difficult to deal with – they can make your business less productive and profitable, too. 1. The Client Doesn’t Respect Your Time Do you have a client who expects you to finish work in an unrealistically
Strategies to Increase Your Cash Flow
May 17, 2018
Business
Never leave money on the table. When it comes to doing business, cash is still king. You might be going viral on social media. Or your sales might be shooting through the roof. But if you don’t have enough cash to reinvest in your growth, it’s just a matter of time before your business fails.
7 Tips for Networking
May 14, 2018
Business
rainmaker_form id=”329″ Networking goes hand in hand with running a successful business. But many of us dread walking into a room and introducing ourselves to a bunch of strangers. 1. Resist the urge to arrive late. It’s almost counter-intuitive, but showing up early at a networking event is a much better strategy than getting
Import & Export Secrets
May 3, 2018
Business
Amid the backdrop of Brexit, the economic balance between imports and exports is a continuous juggling act for economies across the world. In the three months to December 2017, the UK trade deficit grew by £3.8 billion to £10.8 billion. Figures became the latest rallying cry for businesses to ramp-up export volumes, while sterling’s devaluation seemingly
UK Mid-sized businesses hold the growth key
April 11, 2018
Business
Mid-sized businesses in the UK have grown faster and generated a larger profit growth in the last five years than the nation’s large and small companies combined, according to a new report from accountancy and business advisory firm BDO. These SMEs constitute 99.9% of all private sector businesses and employ over 60% of the private
Where Will your Business Be 6 Months From Now?
April 4, 2018
Business
A recent UK business survey by Markit has shown that manufacturers report strongest growth expectations since June 2015 and that UK business confidence continues to recover from the post-election low recorded in June 2017. Manufacturers report that they view an improving global economic situation and hopes of increased export sales. This means that most manufacturers are optimistic
Never Underestimate The Influence Of Invoice Finance
March 22, 2018
Business
Factoring and invoice finance has become an increasingly popular method in recent years for business to deal with the strains of cashflow. So, what is it and how does it work? Natalie of Champ Marketing has a story that is familiar to many small business owners: “I was always checking my mail looking for cheques