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Home » SME Guides

Category: SME Guides

Timing is Everything: The Key to Financial Flexibility for SMEs

Benet Thomas October 31, 2024

In today’s rapidly evolving business landscape, time has become one of the most valuable resources for small and medium-sized enterprises (SMEs).

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Summer of sport creative

Getting ahead of the game(s)

Benet Thomas May 13, 2024

This summer is shaping up to be a massive money-making opportunity for bars, pubs, and restaurants across the UK. With huge sporting events like Euro 2024, Wimbledon, the Olympics, and more, fans will be flocking to venues to catch all the action. Read here on what businesses will be doing to capitalise.

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Protecting and valuing IP for SMEs

Benet Thomas April 26, 2024

Unlock the Power of Your IP: Discover How Valuing and Protecting Your Intellectual Property Can Drive SME Growth and Secure Financing. Click to learn the essential steps for maximizing the value of your business’s intangible assets.

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Networking collaboration blog creative

Networking, collaboration and the benefits to your business

Benet Thomas February 16, 2024

Explore how networking and the collaborative economy can revolutionize your business strategy. From leveraging technology to unlock innovative partnerships to sharing resources for mutual benefit, this guide reveals how to transcend traditional boundaries and foster growth. Dive into practical examples and tips for integrating collaborative practices into your operations.

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24' Predictions Creative - Dartboard & Year

2024 Capify: predictions for the year ahead

Benet Thomas January 17, 2024

Discover the Key Business Trends for 2024: Opportunities Amidst Uncertainty for SMEs – Despite a challenging 2023, SMEs may find growth in 2024. Economic forecasts show modest UK GDP growth, with inflation expected to fall. Interest rates could soften, yet energy prices and consumer confidence remain concerns. Read the full analysis and get ahead in 2024!

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Talent acquisition and retention

Benet Thomas January 9, 2024

In this insightful article, explore the crucial aspects of talent acquisition and retention highlighted in Capify’s latest SME Business Confidence Survey. We delve into practical steps for attracting top talent, from efficient recruitment strategies to leveraging networks and enhancing your company’s reputation.

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Ten steps to improving your cyber security

Benet Thomas November 30, 2023

Cyber crime costs UK businesses over £20bn annually and the threat is growing. Don’t let your business be vulnerable. Our latest article outlines ten essential steps to shield your operations from cyber threats. From cultivating awareness and basic security measures to advanced strategies like encryption and recovery planning, these tips are crucial for any business.

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Cyber security for SMEs

Benet Thomas November 30, 2023

Is your business truly safe from cyber threats? In a rapidly digitalising world, cyber security is not just a big corporation’s concern – it’s crucial for SMEs too. Discover why effective cyber security is the backbone of your business’s safety. Our comprehensive article dives into the real risks SMEs face, from malware to phishing attacks, and the catastrophic impacts of cyber crimes.

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Business-focused Autumn Statement outlines support for SMEs

Benet Thomas November 23, 2023

Delve into the Autumn Statement, a transformative blueprint for small businesses. Featuring permanent ‘full expensing’, a £50m apprenticeship fund, and extended tax reliefs. For a comprehensive analysis and to discover how Capify’s finance solutions align with these new opportunities, read the full article.

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How to write an effective business plan

How to write an effective business plan

Benet Thomas November 7, 2023

Let us guide you through the principles of creating a business plan that reflects the unique essence of your brand, a plan that not only serves as a reminder of your foundational passion but also as a proven catalyst for accelerated growth. Click here to find out more.

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7 Steps to make your SME more sustainable

7 Steps to make your SME more sustainable

Benet Thomas October 11, 2023

Unlock the untapped potential of sustainability for your business. Learn how going green isn’t just good for the planet—it’s a game-changer for attracting top talent, winning customers, and securing investment. Even small steps can yield big rewards for SMEs. Read now to transform your business strategy.

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How to buy better: procurement tips for SMEs

How to buy better: procurement tips for SMEs

Benet Thomas September 13, 2023

Buying better is a delicate balance of art and science. So how can SMEs make the most of procurement processes and practices to maximise the impact to the business?

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How to master sales for SMEs

Benet Thomas August 1, 2023

Sales are the lifeblood of any business and devising a sales strategy is essential to ensuring you are selling to the right people at the right price and in the right way. Our 10 step guide will help SMEs ensure their sales strategy is optimised to realise the business’ growth objectives.

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Driving Growth in professional services

Driving growth in professional services: How to create a successful acquisition strategy

Benet Thomas June 27, 2023

Struggling in a challenging business climate? Discover the secret to boosting growth for business and professional services (BAPS) firms. Explore the advantages of strategic acquisitions and learn how to make a successful purchase. Recent research reveals surprising statistics that could reshape your business outlook.

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Rethinking talent creative

Rethinking how to get the best talent

Benet Thomas May 25, 2023

Discover how SMEs can tap into global talent trends by embracing remote workers and freelancers. Learn about the advantages, challenges, and potential cost savings that come with hiring talent from different regions, and find innovative solutions to address staffing shortfalls in your business.

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Business Loans for Women Creative

Business loans for women

Benet Thomas May 23, 2023

Explore how innovative solutions are bridging the gap and empowering women entrepreneurs to access the funding they need for their small and medium-sized enterprises (SMEs).

Click here to read the full article and discover how these innovative financing options are leveling the playing field for women-owned businesses.

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Maximising Marketing for SMEs 

Benet Thomas May 17, 2023

Discover how securing external funding can drive innovation and growth for your small business. Our recent report highlights the benefits of seeking external finance, as most businesses lack the necessary funds to fuel their growth initiatives. Learn why accessing external finance is essential for small businesses and explore the ways it can support your innovative ventures.

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Innovation & Funding

John Rozenbroek April 20, 2023

A recent report found businesses that secure external funding are more likely to innovate in their markets. There are several reasons why small businesses should consider seeking external finance, including the fact that most businesses don’t have the spare income to fund all of their growth initiatives. Read more about how external finance can help your small business grow and innovate.

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4 Top Tips for improving work-life balance for small business owners

Benet Thomas April 6, 2023

Running a small business can put tremendous strain on your ability to achieve a healthy work-life balance. The demands of business ownership often result in longer, sometimes anti-social, hours and it can be harder to switch off. But carving out time for non-work activities is essential for your wellbeing, and that of your friends and family. It will also be better for the business.

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Business owner happily procuring small business loan

How to get a small business loan

Benet Thomas March 16, 2023

During the course of running your business, there may be times when you need an injection of external finance to help meet day-to-day challenges or realise strategic opportunities. The process and conditions of securing that loan vary by each lender, but there are some things you can prepare to help make the process smoother.

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Managing inventory to boost cash flow

Benet Thomas March 2, 2023

Learn how effective inventory management can boost cash flow for small businesses in this blog post. Discover how understanding inventory turnover ratio and using strategies such as increasing sales, improving forecasting, identifying best sellers, selling off older stock, and reducing the cost of goods sold can help improve your inventory turnover ratio.

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5 signs you might need a small business loan

Benet Thomas February 14, 2023

This article discusses how a small business loan could help capitalise on exciting new opportunities during a period of market movement when competitors are struggling and buying habits are changing. It highlights events like a new store location becoming available or the opportunity to pivot operations to meet a new market segment as good reasons to seek an injection of cash.

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Why cash flow forecasting is important for SMEs

Benet Thomas January 27, 2023

Cash flow is the lifeblood of any SME, and a cash flow forecast will highlight what your cash position is likely to be over a defined period of time.

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Using BI To Improve Cash Flow

Benet Thomas January 27, 2023

This article looks at the type of data SMEs might look at to help improve its cash flow visibility and performance. Some of these processes can be automated through BI tools and software which is now more accessible and affordable for SMEs.

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Three good reasons to invest in your business before April 2023

Benet Thomas January 11, 2023

Time is running out to take advantage of super-deduction

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How to manage SME expenses

Benet Thomas December 21, 2022

Expense management is key to business success. It will place financial strain on your business and impact profitability if allowed to go unchecked. We offer up some tips and advice on how to improve, manage and stay on top of your company spending.

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Preparing for 2023: How UK SMEs can survive and thrive in the year ahead

Benet Thomas December 21, 2022

After a difficult 2022, trading conditions for UK businesses are set to be even more challenging in 2023. Official forecasts indicate that the economy will remain in recession for much if not all the year. We collate the insights from a range of experts on what businesses can expect in the year ahead.

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Make this festive season your most profitable yet

Benet Thomas November 29, 2022

Whilst 2022 might see festive spend decline due to the ongoing cost of living crisis, consumer data company Statista predict that retail sales over Christmas could still reach £82.2 billion British pounds. Whilst that’s down on last year, it’s an increase from 2016, 17, 18 and 20!

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Exporting tips for SMEs

Benet Thomas November 16, 2022

Political and fiscal turbulence has created record-breaking falls in the value of the Pound. This causes problems for any business reliant on overseas imports but could be a boost for UK exporters

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Financing talent 

Benet Thomas October 27, 2022

Attracting and retaining the right talent is a vital part of any business strategy. But for SMEs, skills shortages can have a significant impact on operations and growth.  What can smaller businesses do to find and fund the right talent for their business plans? 

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Pricing Strategies To Meet Inflationary Pressure

Benet Thomas September 1, 2022

UK inflation is at a 40-year high, and many businesses are changing their prices in response. But have they got the right pricing strategy?

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Mastering SME cash reserves

Vasile Lazarescu July 21, 2022

For many small businesses, even profitable ones, the level of cash in the bank can be the difference between success and failure. Ensuring you know what you need in reserve – to meet your growth objectives or navigate bumps in the road – should be an integral part of SME business planning.

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What Fashion Retailers can Learn from London Fashion Week

Vasile Lazarescu July 1, 2022

London Fashion Week (LFW) is one of the biggest dates in the global fashion calendar, bringing together 250 designers and orders worth £100 million in February and September every year. 

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5 Financial Planning tips for Small Business Owners

Gabby Covino July 1, 2022

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.

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4 Reasons Why Your Business Won’t Grow Without Funding

Gabby Covino July 1, 2022

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.

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The SME guide to cash flow management

Benet Thomas July 1, 2022

Strong cash flow is important for any business, but for SMEs it’s the lifeblood of their operations. Cash flow is all about the amount of money coming in and out of your business, and for small business owners, a positive cash flow provides opportunities to invest and grow.

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A guide to cashflow – how much cash should my small business have in the bank?

Gabby Covino June 30, 2022

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.

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The best ways to use working capital loans

Gabby Covino June 30, 2022

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.

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Post-Budget tips for SMEs: making the most in a tougher business climate

Gabby Covino June 29, 2022

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?

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Top 10 Ways to Manage Cash Flow

Benet Thomas June 27, 2022

For the 5.7 million SMEs in the UK, cash flow is a constant focus. It’s the money coming in and out of businesses, and without proper management, it can lead to big issues.

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4 Things Independent Retailers can Learn from Fashion Week

Benet Thomas June 25, 2022

London Fashion Week (LFW) is one of the biggest dates in the global fashion calendar, bringing together 250 designers and orders worth £100 million in February and September every year.

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4 Simple Ways to Put More Cash Into Your Small Business

Benet Thomas June 25, 2022

Accessing more funds for your business can be a great way to grow and thrive. It provides you with the opportunity to achieve any plans that you have, whether that’s; launching a new product, increasing the marketing budget or refurbishing your premises.

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4 Mistakes That Every Business Owner Makes

Benet Thomas June 24, 2022

Owning a business is arguably one of the most demanding jobs that there is and in order to continuously improve, owners are required to work hard every single day. Whether you’re thinking about setting up your own company or are already established in your market, here’s some mistakes that you should avoid making.

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4 Alternative Business Finance Products to be Familiar With

Benet Thomas June 24, 2022

The 2008 recession hit small business owners particularly hard, and many banks still won’t lend to them ten years later. As a result, alternative finance options for both businesses and consumers have sprung up all over the place.

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Construction and Building Loans

How do Construction and Building Loans work?

Benet Thomas December 17, 2021

Many small businesses suffer from cash flow problems. For Construction Businesses the problem is usually encountered during payment between client and business. Below are the top 5 tips we’ve collated to help businesses within the construction and trade industry to be better equipped for 2022 and beyond.

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10 key strategies to succeed in business in 2022

10 key strategies to succeed in business in 2022

Benet Thomas December 15, 2021

Owning a small business can be one of the most rewarding experiences, however, the big leap into the great unknown can leave you with financial strain, no time for yourself and some serious anxiety. The more you know, the more you earn. So, let’s get down to business with our top 10 tips for you to grow your business!

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Is cash flow more important than profit?

Benet Thomas December 10, 2021

If you run a small business, you probably spend a lot of time thinking about profit. How much did you make? Is it up on

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How online retailers can manage cashflow in the run up to Christmas

Benet Thomas November 1, 2021

The festive season is on the way, and for lots of online retailers, it’s the busiest and most crucial time of the year, especially with

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How effective inventory management can improve business cash flow

Benet Thomas July 28, 2021

Good cash flow management is a vital part of running any business and is key for ensuring you can pay staff salaries on time, meet

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