At Mark1, we have over 20 years of experience in helping businesses across the UK achieve ISO certifications– and with our 100% first-time certification rate, you can trust our expertise. We believe that ISO compliance can be beneficial to any business, in any...
SMALL BUSINESS
7 next steps if you’ve been rejected for business finance
In a perfect world, every business would secure its funding choice immediately without a hitch. However, this is often not the case. Lenders and investors have set criteria they stick to when considering businesses, and not everyone will meet them. Funding isn’t an...
How to maintain cash flow amidst rising inflation
With the economic context of the UK, it’s no surprise many businesses are experiencing cash concerns. Inflation, the energy crisis, supply shortages, and the risk of recession have all seen economic confidence decline and prices increase, bringing unwanted...
UK Research & Development Tax Credit Incentives in the News
Over the past couple of years, the UK Research & Development (R&D) tax credit schemes have been in the news constantly and often for the wrong reasons. In this post, we take a look at issues created by alleged fraud and abuse of the UK R&D incentive...
7 asset finance options for your business
Asset finance is a popular way of securing funding for a business. Using your assets as collateral will fuel your ability to raise finance, offering a reduced risk to the lender and improving your chances of being accepted. Not everyone will be eligible for asset...
Where has all the money gone?
Some might say that building a projected cash flow of their operating activities would send them to sleep, but the reality is that it can help you sleep at night. Cash is a critical part of the equation for most business decisions – and a lack of it is a key reason...
Managing IT Inflation
Inflation is biting hard. As it is expected to hit 11%, the UK consumer price index is at its highest since records began. Expect rising capital expenditure costs as vendors feel the pinch, along with escalating contract and labour costs. The question is what can...
Everything you need to know about trade finance
Taking your products and services to a global market is key to unlocking your sales potential. However, it also places pressure on your cash flow, with your business left to foot the cost of supplies and administration required to import and export, prior to receiving...
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...