Smart financial decisions make your small business go round. The cash entering and leaving your business is vital for its growth and survival, so it’s important to be informed, prepared, and flexible.
Smart financial decisions make your small business go round. The cash entering and leaving your business is vital for its growth and survival, so it’s important to be informed, prepared, and flexible.
The recession is officially over, but the climate is still tough for small businesses and SMEs.
For that reason, many are looking to alternative finance options to expand and grow, rather than traditional routes. If you’re hesitating, here’s why your business will struggle to grow without an injection of funds.
Cash is key for small businesses. It helps you pay your employees and suppliers when profits are slow or keeps things on track when clients are slow in paying you.
Steady cash flow is not only crucial when times are tough, however. It can also be used to help your business grow and develop, acting as a vital cash injection to push your SME into the next stage of growth.
Working capital is at the heart of every successful company, no matter the size, but for small businesses, it’s even more important that cash in the bank is monitored and managed carefully.
In the wake of COP26 and the strive to create a greener economy, many small business owners have been asking themselves how they can factor in greener initiatives into their business models.
If you’re considering changing your business to a limited company, here’s how to get started.
Since the 2008 financial crisis, consumer trust in banks has declined and despite efforts to support customers during the COVID-19 pandemic, the level of trust in traditional banks remains low.
With so much global trade relying on shipping freights, containers, and their ability to reach their destination safely, in this article we discuss how the astronomical price rises on the cost of containers is undoubtedly going to be passed on to the UK consumer for the foreseeable future and more critically, for Christmas.
What does the ever-rising energy prices mean for the UK SME?
The prospect of high inflation, how to address the UK’s eye-wetting levels of national debt and increases to the National Living Wage will only add to some of the longer-term problems businesses have faced of late. But setting aside the headwinds, how can businesses find their feet in what Chancellor Rishi Sunak has modestly described as a challenging environment?
The second batch of findings from our latest survey of UK small businesses found that 35% of SMEs plan to grow their workforce by more than 10% over the next year.
