For all the freedom that being a business owner brings, being paid late is one of the most disempowering and dispiriting things about self employment. SMEs in the UK are paid on average 21 days late, which has an affect on cashflow, financial freedom, and in some cases even mental health. According to recent research
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Tag Archive for Financing
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Thousands of small businesses just got a better chance of getting funded
by Michael Somerville • • 0 Comments
As small businesses continue to apply for fewer loans through high street banks, alternative lenders are having their moment. That’s because the British Business Bank (BBB) has now extended their existing partnership with alternative loans platform Funding Circle and has committed up to £150 million in new lending for UK small businesses. The transaction is made
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UK Spiritual Guidance start-up raises £400,000
by Stephanie Spicer • • 0 Comments
PSY Ventures, a start-up based in the UK, which develops mobile games and websites that provide daily spiritual guidance such as Daily Horoscopes and Free Tarot Readings has completed a Series-A investment round of £400,000. The money was raised from angel investors Giga Holdings Ltd. Adam Grunwerg, co-founder of PSY Ventures said: “There is a
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How to Decide Whether You Need Debt or Equity Financing for Your Business
by Mark Abell • • 0 Comments
Landing on the right type of business financing is a critical step for turning expansion plans into reality.
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Want to attract millennials to your small business? Here’s how…
by Owen Gough • • 0 Comments
Despite their reputation, ‘millennials’ are fast becoming the most sought-after workers in today’s job market, and I’m really not surprised. The vast majority of Generation Y that I’ve encountered in the workplace have been hard working, likeable, multitasking technology ninjas. Oh, and they know how to work the coffee machine too. I still can’t persuade
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Asset finance for small businesses explained
by Owen Gough • • 0 Comments
Businesses of all shapes and sizes need to invest capital in high-value equipment from time to time. Office furniture, IT equipment, shop fittings, specialist machinery and even vehicles are all essential items, depending on what line of business you are in. The problem for small business owners is, as they tend to operate on tight
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How to create a concrete financial contingency plan
by Owen Gough • • 0 Comments
The new age of business management has freed us from many capital procurement and business financing rules. While financial contingency planning has certainly become more flexible, it is important to note that this has also led to fewer opportunities for mitigating risks. Even if the economic conditions are not currently affecting your business’s profits, your
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Valuing your business for investors
by Owen Gough • • 0 Comments
Most young businesses will require investment at some point, if they are to continue to grow. Whether you need to develop an online presence, buy some new technology to remain competitive, hire more staff or move to larger premises, it’s likely that you’ll need additional funding from investors and external sources. Fortunately, you’re not limited
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Frontierpay calls for improved management of foreign exchange
by Owen Gough • • 0 Comments
Frontierpay, the foreign exchange and international payments provider, has partnered with strategic consultancy and best practices implementation firm, The Hackett Group, to raise awareness of the modern risks associated with foreign exchange and payment compliance, in a time of increased currency market volatility. The call came during a webcast on 14th June, in which Frontierpay
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Binary trading: enjoying a financial edge
by Owen Gough • • 0 Comments
There are many different strategies intended to turn a profit when investing. Thanks to the prevalence of online platforms, these options are at your immediate disposal and the chances of walking away a winner are indeed very real. Binary trades are one such instrument and they are employed by small investors as well as institutional
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