Prospective investors usually require business plans as a first step to assess an investment opportunity. In this way, a business plan serves as a means of communicating a new business venture’s potential to an investor in a logical, accessible, and consistent manner.
Cash flow complications are commonplace for creative businesses, who wait on average 72 days to receive payment from clients. Paul Haydock CEO at DueCourse offers insights into cash flow complications and alternative finance for creative business.
Posted on 25th October 2016 in Finance.
Applying for a loan with a major bank can be a weeks-long process — so getting a ‘no’ at the end of all that effort can make you feel helpless. Perhaps you wanted a loan to gear up for an exciting new customer, or maybe it was to cover an unexpectedly large cost. If so, […]
Posted on 20th October 2016 in Finance.
While access to bank overdrafts may be dwindling, a new generation of innovative financiers is helping SMEs to thrive.
Posted on 13th October 2016 in Finance.
Few people start up a business so that they can do paperwork! Spending time recording what’s going on in your business takes you away from doing business! However, keeping business records – bookkeeping – is a necessary part of business life because it’s a legal requirement. HMRC will soon be knocking at your door if […]
Posted on 11th October 2016 in Finance.
One of the most common terms that I come across at work today is “SaaS”, software-as-a-service. It’s particularly prevalent in webexpenses as we are a “SaaS” business. We all know the impact that cloud technology has had on the business world, our delivery model has been born from this technology and our licensing is based […]
Posted on 10th October 2016 in Finance.
Your business needs cash to thrive, there is no way around this. So what can you do to make sure you don’t suffer the same fate of failure that four out of ten small businesses experience in the UK?
Posted on 28th September 2016 in Finance.
Sadly, late payment is a fact of life now for businesses of every size. More than a quarter of small and medium-sized enterprises in the UK suffer from bad debt to the extent that they have had to write off money in the past year. Non-payment of invoices can occur due to customer insolvency, payment default […]
Posted on 23rd September 2016 in Finance.
Entrepreneurs often get the attention of the Dragons’ with great products, but ruin their chances of investment with a lack of knowledge about the financial side of the business.
…….was a phrase uttered by actor Patrick McGoohan in 1967 in his role as The Prisoner when he arrived at The Village as No. 6. He went on to say: “I will not make any deals with you. I’ve resigned! I will not be pushed, filed, stamped, indexed, briefed, debriefed or numbered! My life is […]
Posted on 21st September 2016 in Finance.
If you’re thinking about borrowing money to make the next great leap with your business, it can be hard to know what to look for. Should you choose the latest disruptive technology or might a traditional product be a better fit? And even if you know what product you want — which provider should you […]
Posted on 20th September 2016 in Finance.
A supportive government, access to top talent and a robust technology infrastructure have all played a part in London’s historical position as a global powerhouse for financial services, and now its modern counterpart, fintech. In the current economic climate, increasingly countries across the world are trying to take advantage of this, and improve their own […]