Things are on the up. The economy is stronger than it has been for a number of years, unemployment is at one of its lowest points and private sector businesses are thriving. But not all growth businesses are taking advantage and grasping the financial nettle for fear of being stung, not knowing what might be […]
Posted on 19th February 2016 in Finance.
In today’s hectic business world, it’s never been more important for entrepreneurs to stay on top of their cash flow and ensure they have the financial stability needed to run a business. However, with UK companies owed £41.5 billion in late payments, business leaders are turning to loans to avoid bankruptcy. A recent survey found […]
Posted on 19th February 2016 in Finance.
Cash flow is the life line of any business so it’s no surprise that manufacturers regularly conduct credit and financial risk analysis on their distributors to ensure that they maintain healthy cash flows. However, what manufacturers often are not doing is expanding this analysis to cover credit extensions that would be beneficial to situations such […]
Posted on 12th February 2016 in Finance.
HMRC’s plans to shift individuals from paper tax returns to an online portal and moving from annual to quarterly reporting is a significant task, and a real test for a new incoming HMRC CEO. The first phase of digitisation at the HMRC is critical – get it wrong and the longer term objectives of centralisation […]
Posted on 11th February 2016 in Finance.
Detailed below are the nine key traits of the entrepreneurial investor: essential characteristics embodying the very spirit of entrepreneurial investors, capturing the dynamic essence of self-starters to ensure that entrepreneurs–and others who share their groundbreaking spirit–can always have the financial fuel they need to achieve their dreams.
Technology has reshaped the work place in so many different ways – from how we communicate with colleagues around the world, to the rise of devices in the workplace and increased ability to access data at any time anywhere. Yet as much as all other processes have been digitised, expenses remain the last bastion of […]
2016 has already seen its fair share of economic turbulence. £38 billion was wiped off the FTSE 100 during its first day of trading, as poor manufacturing data caused further volatility in Chinese markets, whilst uncertainty in the Middle East, fluctuating oil prices and uncertainty around a looming EU referendum continues to trouble investors in UK assets.
Changes to the dividend tax system are fast approaching on the 6 April 2016. For many business owners, who have previously paid themselves a small salary and then taken the bulk of their incomes in the form of dividends, will now have a significantly higher tax bill.
Posted on 1st February 2016 in Finance.
Last year marked another landmark period for UK entrepreneurialism with more and more small and medium-sized enterprises (SMEs) opening their doors for business. According to data from Companies House 608,110 businesses were started in the UK in 2015, a new record compared to 2014’s 581,173 and 526,447 in 2013.
I’m sure most readers of Fresh Business Thinking have heard of bridging finance but chances are that many of them aren’t overly familiar with it. That’s understandable as bridging will always be a relatively niche product. But it does seem to be getting onto more and more business owners’ radars.
Posted on 29th January 2016 in Finance.
A great business destroyed by avoidable late payments. It happens all the time. You have a great product, you’re selling it well, the unit economics all make for sustainable growth and profit; and yet you find yourself in danger because you can’t meet immediate credit commitments. All whilst a customer is sitting on their hands […]
Posted on 26th January 2016 in Finance.
Every day we look to portable and on-the-go technology to make our lives as easy as possible. From selling and shopping to research and communication, many activities have been made more accessible to us thanks to the development of technology and increased internet accessibility. Having witnessed how the internet carried forward millions of platforms, tech […]