It’s important to remember that the funding process is competitive. Only the best bids that meet the grant programme’s objectives will be funded, so make sure you don’t fall at the first hurdle. Read the fund guidance notes fully Any grant scheme should provide guidance notes, giving details of the eligibility criteria as well as […]
Posted on 14th June 2016 in Finance.
Regardless of time and place, amazing writers are always in high demand. The ability to communicate clearly and tell an interesting story are not only great for business, they are essential in a highly competitive market. As a content manager I can tell you that unfortunately, amazing writing abilities are not easy to source. In finance it’s even more […]
A recent Regus study showed that 49 per cent of UK professionals believe that managing cash flow is the largest challenge facing start-ups. Here are some tips to help you ensure your liquidity doesn’t dry out. Plan plan plan Make a 12-month action plan. While predicting profits is fun, a cash flow diary is more […]
Posted on 10th June 2016 in Finance.
Whilst a lot of people think about getting in better physical shape for the summer, many don’t consider how to get financially fit. Slimming your expenditure between now and the summer can leave you hundreds in the bank to help towards the holiday you deserve. For some that might mean finally checking-in to the plush […]
Posted on 6th June 2016 in Finance.
Late payments are unfortunately a fact of life, and affect every business large and small thanks to its knock on effect down the collaborative supply chain. When we think about how late payments affect small businesses we traditionally tend to focus on the pure capital aspect of the cash not coming in on time, and the […]
Posted on 3rd June 2016 in Finance.
As Benjamin Franklin once said, “by failing to prepare, you are preparing to fail”, and this quote can most definitely be applied when discussing your organisations pay review process. Being the elephant in the room, it can be tough to get to grips with how to tackle the task that lies ahead, and whilst many […]
Posted on 2nd June 2016 in Finance.
In a survey of nearly 500 of its freelancer and micro-business customers, we discovered that sick pets, fake illnesses and a CEO’s “sailing holiday” have all been used as genuine excuses by clients for why they had not paid outstanding invoices. The top 10 outrageous excuses for late and non-payment included: Can I just buy […]
Posted on 1st June 2016 in Finance.
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.