When running a successful business, there often comes the point where you have reached your maximum potential in your target market. You have two options: stay still or find new ways to expand your potential even further. Breaking into new markets is crucial for those...
Finance
Invoice finance for growth
Invoice finance is a crucial resource for managing your cash flow. Over three in five SMEs are affected by unpaid invoices, rising to nine in 10 for medium-sized enterprises. These late payments often restrict cash flow, making it harder to meet your company’s...
How to minimise rising costs in your business
The issue of rising inflation is no secret. Last month, UK inflation hit 9.4%, with prices growing the fastest they have in the last 40 years. As a result of inflation, many businesses are facing increasing expenses. From energy to supplies, costs have gone up and...
5 ways to fix cash flow problems
Cash flow is integral when running a business. You need it to meet your financial commitments, pay bills and maintain stability across your operations. If you have cash flow issues, it’s crucial to resolve them quickly. If you don’t, you will soon fall behind on...
6 tips for managing cash flow through growth periods
A growing company is usually a great thing. It means there is demand for your business in the market, which should translate to higher revenue and profit levels. However, it isn’t always positive. Periods of high growth may negatively impact your cash flow, as the...
7 features to look out for in a business loan
A commercial loan is a common form of funding for any business, enabling you to raise finance for differing needs in exchange for a manageable repayment schedule. When seeking a loan, finding a competitive deal that suits your business needs and affordability criteria...
6 signs you’re ready to exit your business
A business takes up a significant amount of your time, thoughts and energy. If you have been running it long-term, it likely feels like an integral part of your life. As a result, the decision to leave is never simple. However, there will come the point for every...
The role external finance plays in your business turnaround
There is always a risk in business that things won’t work. Many issues may threaten success, including market changes, a poor value proposition, rising costs, bad planning, poor leadership or loss of customers. Once you witness the symptoms of failure – falling...
7 signs you need turnaround finance
Despite the best efforts, some businesses will undergo challenging periods – falling sales, restricted cash flow or other financial blockers. If issues aren’t dealt with promptly, it may lead to the failure of the business, bringing the threat of foreclosure and...