SME’s are taking their toll on their owners
November 7, 2018
Business
The number of SME business owners struggling financially and suffering from mental health issues as a result, has risen dramatically since last year, new research has found. Half of SME owners’ businesses – 23% more than last year – have been on the brink of bankruptcy or liquidation, or could be soon due to late
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?
52 per cent of invoices are paid ontime
September 27, 2018
Business
Only 52 per cent of invoices sent by micro businesses are paid on time Just 52 per cent of invoices sent during 2017 were paid on time or within three days of payment deadlines, according to research by accountancy software firm FreeAgent. FreeAgent analysed data from a sample of its 50,000-strong customer base and analysed thousands
Whilst temperatures continued to rise in July ’18, Regency too saw a rise in the level of SME funding
August 6, 2018
Business
Regency Factors PLC records another successful month for SME funding Independent financier provides over £7m of invoice finance and trade finance to the UK SME market in July 2018. Independent alternative finance provider, Regency Factors PLC, recorded another successful month in July as it continues to support the UK SME community. Funding provided included
It’s easy once you can find your way
August 2, 2018
Business
84% of areas in the UK saw SME lending from banks fall in the past year as small businesses continue to face difficulties in securing finance, according to data collected by London-based debt adviser Hadrian’s Wall Capital (HWC). The total fall in lending amounted to 5.2 per cent, or £9.7 billion, in a single year. Hadrian’s
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