Small and medium-sized businesses must not take their eye off the ball when it comes to managing working capital through the summer season, when resources often become stretched. Client data sourced by Hitachi Capital Invoice Finance has revealed that small businesses are more likely to seek additional funding during the month of July than at […]
Posted on 27th May 2016 in Finance.
According to the Association of Certified Fraud Examiners, a typical company loses 5% of annual revenue due to fraud, 15% of which is down to fraudulent expense reporting. And it’s not just large enterprises that are at risk; small and medium sized business are just as likely, if not more so, to suffer damage to […]
Posted on 26th May 2016 in Finance.
At the broadest level, the concept of running and growing a business is simple: Make sure you have more money coming in than going out, and reinvest it. In the real world, however, things are a little more complex than that. While a business’s accounts might look great on paper, with a strong list of […]
Posted on 25th May 2016 in Finance.
When looking for funding, the majority of businesses have historically looked towards the traditional high street banks to provide financial support during cashflow struggles, a period of high growth or to invest in a specific area of the business. In more recent times however, business owners are shying away from these large lenders and are […]
Posted on 24th May 2016 in Finance.
Some of the best providers of alternative finance are those that communicate their offering as simply as possible. The last thing that small and growing businesses need when considering their finance options is to be faced with a wall of jargon that makes it difficult for them to make the right choice. To navigate their […]
Posted on 20th May 2016 in Finance.
Peer-to-peer lending has continued to take the market by storm in 2016. With the market continuing to grow and alternative finance establishing itself firmly, more and more savers are looking to get involved.
Posted on 16th May 2016 in Finance.
For start-ups and companies in their infancy a financial model should be much more than a set of operational metrics and financial statements – it’s an opportunity to create a roadmap that explores how your business proposition, marketing, organisational and strategic decisions will impact your financial position, and how likely what you are betting on […]
Posted on 11th May 2016 in Finance.
Last December, when Parliament announced an inquiry into small and medium-sized enterprise (SME)’s access to finance since the economic downturn, many declared it long overdue. Bank lending to smaller businesses may have improved recently, but it remains far below pre-crisis levels. Alternative finance is on the rise, but there are still too many cash-starved enterprises […]
Posted on 10th May 2016 in Finance.
With the rising cost of business’ gas and electricity bills, the impact that your energy consumption has on your commercial property can prove to result in expensive overheads. Sole traders, small businesses and larger corporations can benefit from reduced energy bills but it doesn’t have to be a lengthy, complicated process when thinking about optimising […]
Posted on 6th May 2016 in Finance.
Finance directors and teams can be blamed for delaying payments but recent research suggests otherwise. The research – conducted by Invu of UK finance workers – suggests late payments are often a result of poor purchasing systems and processes, rather than a cash management decision based on visibility and control. Businesses spending additional time and […]
Posted on 29th April 2016 in Finance.
Much has been said in the press lately about the pay packets of board executives and given the uproar, you could take a wild guess that they wish it could have been kept under wraps. The chief executive and chairman of Centrica and the chief executive of BP were recently criticised publicly over excessive pay […]
What’s the biggest challenge for small and medium-sized enterprises in the year ahead? According to organisations such as the Federation of Small Businesses, it’s not the global economic slowdown that worries small businesses most or even the uncertainty over the UK’s EU membership referendum – the issue keeping them up at night is the cost […]
Posted on 20th April 2016 in Finance.