The two questions: ‘How much is a business worth?’ and ‘How can I make it more valuable?’ are of paramount importance to any business owner looking to buy, sell or to build a profitable business but to answer these questions depends on a number of factors.
Posted on 30th December 2015 in Finance.
The word ‘retail’ covers a diverse range of businesses, but by its nature will generally suggest premises of some sort. And with them, the associated running costs. In the current financial and ecological climate, retailers are looking to reduce overheads wherever they can and managers around the world are being challenged to lower energy bills […]
Posted on 29th December 2015 in Finance.
Electronic payments are an exciting technology for consumers, but they’re imposing a new pressure on businesses. The term ‘cashless society’ may have the air of a buzzword, but look into the consumer sphere and you’ll see that the signs of an increasingly digital economy are there aplenty. Consequently the demands on businesses to support these […]
Small businesses can make a big difference. When it comes to the environment, making your business greener makes a lot of sense: it can save the planet, it can save you money and it can make you money. Environmental issues are important to your customers as well as to you, and people like to do […]
The last time the Fed raised U.S. interest rates was nine years ago. It’s been a long wait, but as the dollar strengthens against the pound, U.S. demand for British goods and services will likely increase. This will bring some much-needed end of year cheer to UK small and medium-sized enterprises (SMEs) who are already […]
Small businesses are the linchpin of the UK economy. Yet it can be a struggle for some to secure funding from traditional lenders. To assess the level of risk they carry can be difficult, loan amounts tend to be smaller making them a less attractive proposition, and many lack a credit history.
Christmas is coming. For many of us, these are three of the most exciting words we’ll hear all year; conjuring up images of tasty Christmas dinners, presents under the tree and the chance to enjoy a cheeky drink or two. However, the truth is, for many, ‘Christmas is coming’ is a very scary statement indeed.
Posted on 11th December 2015 in Finance.
A report published this month by the cross-party think tank Demos has found that a major regional imbalance exist between the number of small and medium-sized enterprises (SMEs) in the North and South of England successfully applying for finance from banks – with rejection rates unsurprisingly highest in some of the most deprived areas.
Posted on 10th December 2015 in Finance.
Christmas is different for every business. While those in retail will see a huge ramp up in sales as competition heats up, other companies could experience their slowest time of year in December. Whichever market you serve, keeping a small business running smoothly is demanding on both time and resources and can often feel like […]
If you are an employer or payroll professional, Christmas and New Year’s brings a number of potential challenges that you need to be aware of and prepare for before you can start your Christmas break.
Posted on 7th December 2015 in Finance.
To hear that customer service at HM Revenue and Customs (HMRC) has become so bad that it may be hampering tax collection, with half of customer phone calls to its helplines going unanswered in early 2015, should come as no surprise.
Posted on 4th December 2015 in Finance.
Historically, smaller businesses and startups have been faced with prohibitive upfront fees when looking to implement an electronic point of sale (EPOS) system, but multiple factors including technological advancements and dramatic reductions in price have lowered the barriers to entry.