Keeping a Business Afloat During a Rough Patch or Even During High Growth Can be Difficult
Every business goes through rough patches — times when money is tight, and you’re wondering how you’ll get through the coming weeks to pay for operating expenses, and wages. Research shows that more than half of all start-up businesses will fail within four years. Insufficient capital is the key reason that businesses fail. A lack of […]
What are the Issues with a Business Loan?
Video Transcript So the issue with a business loan and look, they’ve got their purpose and they are very good. If you need a business loan to go and buy a piece of capital equipment or to upscale the business to take on a new project, then it may well serve its purpose. But the […]
Alternative Funding Has Earned its Place in the Mainstream
As a mortgage and/or finance broker, what do you understand by the term ‘alternative finance’? For some people, it just means conventional loans from non-bank sources. Others view the term with suspicion, or think of new-fangled fintech formulations that are not for them or their clients. In fact, the term is something of a misnomer […]
Free Trade? It Can Be Easier Than You Think
In a search for trading partners and opportunities, Britain’s foreign secretary made Australia his first port of call recently. All smiles, he was keen to talk about the mutual advantages of free trade, but while Dominic Raab faces years of long-winded negotiations to develop new relationships with countries across the globe, international trade for companies […]
Know Your Alternatives
Being in business will always entail a degree of risk, but it should not mean that business owners have to put the family home on the line. Financial advisors can play a key role in ensuring entrepreneurs can fund a growing business without having to take unnecessary risks. All they need to do is consider […]
Use Cash Flow Finance to Revolutionise Your Manufacturing
Recently we looked at the benefits to businesses of going green, and how companies large and small are recognising this. For manufacturers, there is exciting talk of a green revolution – but the levels of investment required to join this growing movement are relatively high. SME manufacturers looking to go green, make their production lines […]
Warehousing Tips for Wholesalers and Manufacturers
Modern warehouse practices have revolutionised the way some businesses operate, increasing the efficiency of other aspects of the business while simultaneously offering cost savings. Essential for modern e-commerce, the techniques born in this fast-paced area are being borrowed by sectors such as manufacturing and wholesale. For these businesses, the ability to efficiently hold, sort, access […]
Tackling Bad Debts in the Wholesale Trade
As a medium-sized wholesaler, you are likely to have quite a number of customers. This has advantages, but it also increases the likelihood that at some point, one of them won’t pay. In fact, most wholesale business owners who have been trading for a few years will have experienced this. In some cases, persistent chasing […]
Cash Flow: Turning a Problem into a Great Opportunity
Mention ‘cash flow’ to a business owner, and they will likely form a clear word association: ‘Problems’, which may even be uttered out loud. There are good reasons for business leaders to be wary about their cash flow situation: it is the issue most likely to kill off a small or medium-sized enterprise. However, businesses […]
Invoice Payment in 2 Days? How Debtor Finance Can Solve Your Cash Flow Problems
The federal government has made a clear pledge to start paying e-invoices from SME suppliers within 5 days of receipt. Some state governments (but very few at this stage) are following suit, others are being urged to or have their own prompt payment policies. These plans will be welcomed by small business. They show that the […]